Top 10 Logistics Industry Trends To Follow In 2022
Logistics industry being one of the fast pacing industries across the globe, it keeps on transforming the facilitating activities including transportation, storage and delivery of the goods to make it more sustainable and customer-centric. A recent in-depth study conducted by Status Insights with around 900 samples reveals a few notable leads regarding the trends which is quite interesting and we consider it as a highly explainable article in the most precise and crisp manner to you consisting of the top logistics trends in 2022 which alters and automates the industry to next level.
Here are the top 10 logistics industry trends we ought to explain further
Robotics
The integration of robotics in logistics helps in decreasing human error and thereby increasing productivity to a good extent. Rather than robots replacing humans, the work goes on by collaborating with human touch which dwells to meet the required efficiency. Plenty of companies have upscaled their supply chain with such a holistic integration.
Internet of Things (IoT)
There’s no doubt on the complexity undergoing in delivering a product to its end consumer. Fortunately; at recent we could witness the Internet of Things being taken into consideration in this industry to cover the majority of the clampdown. IoT devices help in real-time object identification & tracking, ensuring item’s safety, time frame for delivery and other supply chain assistance.
Artificial Intelligence?
AI algorithms enable businesses to be proactive in dealing with demand variations. AI-based forecasting tools, for example, enable managers to plan supply chain procedures and discover ways to cut costs. Companies can also make accurate predictions and improve their performance with the help of the algorithms developed to reframe the working modules.
Warehouse Automation
A warehouse is an inevitable part of a supply chain network. Automating the process of moving an inventory into, within, and out of warehouses to customers with minimal human assistance does help in increasing the accuracy, efficiency and speed in managing inventory and delivering orders.?
Last-Mile Delivery
Last-mile delivery costs are substantial in the supply chain which comprise around 53% of the total cost. Moreover, last-mile delivery faces various problems including delays due to traffic congestion, customer nuances, government regulation, and delivery density. The industry is resolving this by using aerial drones and other hassle-free hyperlocal solutions which do sound highly practical in 2022.
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Block-chain
This decentralized system has great potential in upscaling the logistics business by improving the automation process, reducing paperwork, enhancing transparency and enabling each stakeholder to upload their relevant data with regard to the logistics process.
Big Data & Analytics?
Companies are ultimately on the bandwagon of using big data to gain profound insights for improving warehouse productivity, fleet management and other delivery planning.
Cloud Computing
In order to maintain the risk and cost of maintaining IT infrastructure, logistics companies could take the advantage of cloud computing and SaaS services. In addition, cloud integration allows data collection from management systems to analyze overall logistic processes.
Autonomous Vehicle
An autonomous vehicle, one that is able to drive itself with fewer human interventions is being set as another new trend in the logistics industry. Autonomous vehicles do take the advantage of using AI-based technology to optimize travel routes too.
Elastic logistics?
The market’s demand keeps on fluctuating for a handful of reasons. In order to calibrate such fluctuations, logistics companies do intervene to resonate with elastic logistics. It helps the company to conduct a flexible business that is agile enough to respond to the market demand in real-time.
So these were the top 10 logistics trends of 2022 which helps the industry to create and maintain a customer-centric supply chain management. Indeed the time has come for every industry to meet the customer requirement in its most optimal and convenient manner and so such trends in logistics can definitely be seen as the most potent tools to sustain their respective customer base.?
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