With the internet, logistics market is growing rapidly with every passing second. Companies are reaching out for more and more ways to satisfy their customers giving the way to many technologies that are beginning to transform the industry. Zurich Logistics has compiled the list of 5 logistics trends of 2017 that has revolutionalized the logistics industry.
Automation facilitates the much needed competitive advantage in today’s world and has become a determining factor for the company’s growth. Logistics Automation has several benefits and we’ve listed some of them for you below:
1) Deeper insight and analyzation
2) More choice and power
3) Better customer service
Don’t believe us? The Wall Street Journal estimates that automation allows the Dutch port to increase overall productivity by as much as 30 percent.
Why robotic automation? Not only can robotic automation help manufacturers achieve greater warehouse productivity, but it can also make significant savings as compared to employing workers. Robots are designed to perform numerous jobs at once, making their applications in the logistics industry practically unlimited.
3. WEARABLE TECHNOLOGY
Also known as wearables, the term refers to devices, often connected to the Internet or to other devices that are worn on the body and can be used to enhance communication to and from the users. Wearable technology could soon become a standard “must have” in the logistics industry.
Wearables are likely to be adopted quickly, given the potential benefits in communication, productivity, and safety – and depending on the type of technology that’s employed. Results of the pilot found that smart glasses like Google Glass not only improved efficiency by 25 % but also significantly increased employee satisfaction.
The sky’s the limit for what drones could be used for in the logistics and transportation. The rise of drones has opened the door to countless applications across various supply chain sectors. Here are some of the applications.
1) Direct Consumer Delivery
2) Tracking Inventory
3) Internal Delivery
4) Surveillance Devices
5. Self-driving Vehicles
A ground-breaking change! That’s how the logistics industry worldwide is foreseeing the incoming of the autonomous vehicle’s technology in logistics and supply chain management.
Individual self-driving trucks are not the only way businesses are looking to decrease transportation costs. Tests with convoys have also been conducted, using Wi-Fi, sensors, GPS, and cameras to connect the trucks. The leading vehicle determines the speed and direction with the rest of the convoy to automatically steer and change speed.
While there is a lot of scepticism about replacing humans behind the wheel of large, load-bearing trucks, there are others that are confident the technology will be developed to safely be able to do this. And the potential savings of an estimated $168 billion yearly, is worth the technology investment by automotive manufacturers.