Supply chain localisation, e-commerce boom and growing focus on sustainability initiatives are driving changes in the logistics industry. The briefing examines how digital tools, process automation and autonomous driving technologies can help logistics providers to improve operational efficiency, reduce costs and meet changing needs of the customers.
Anticipated changes in global supply chains will impact the global logistics industry. Logistics providers will have to offer more flexible delivery networks.
The boom in e-commerce will continue to drive demand for last-mile delivery services. Logistics companies are expected to invest in Process Optimisation and improved route planning to meet demand.
Digital tools, such as data analytics and IoT technologies, promise significant cost savings for logistics companies. Better route planning, flexibility and shorter delivery times are contributing to the potential gains.
Logistics companies are embracing automation tools amid rising labour costs. Warehousing companies have been at the forefront of process automation, with major areas of application including heavy and repetitive physical tasks.
Changing supply chains and e-commerce growth are encouraging delivery companies to invest in new transportation methods. Logistics companies are eyeing autonomous vehicles, 3D printers and drones as tools to speed up the delivery process.
21% of companies claim complex supply chains as a primary roadblock to reaching their sustainability goals. Logistics companies can play a key role in supporting their partners’ sustainability initiatives.
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