Author: Meker Meksmart
Update: 01/11/2022

WHICH TECHNOLOGIES BECOME INEVITABLE IN THE LOGISTICS INDUSTRY

It seems that logistics technology has become increasingly important than ever these days. But the question is, which technologies in logistics have been becoming popular in the industry?

Find out the answers in the following content. If you are interested in exploring, scroll down for details.

Which Technologies Become Inevitable in Logistics Industry

1. Warehouse Automation Technology

Warehouse automation in the form of robotics, wearable technology, and sensors is another critical investment required to meet today's consumer delivery expectations.

Warehouses are under increasing pressure to reduce shipping time and cost while also dealing with labor shortages. Both of these issues have gotten worse in the last two years, and the demand for automation solutions is increasing across industries.

Robotics, automated conveyor systems, and warehouse technology that better coordinates humans through logistics tasks are being implemented in warehouses around the world.

Human pickers, shippers, and packers are collaborating with automated material-handling robots to achieve massive productivity gains. There are more data points on the moving parts of the supply chain than ever before, and humans and machines are becoming entwined in the logistics dance.

Currently, 50% of warehouses lack any form of automation, and we anticipate that these businesses will invest heavily over the next decade to compete with their automated counterparts.

2. Supply Chain Management Software

It used to be that logistics technology investments required a lower lift. They mostly involved bringing a previously manually managed operation into the twenty-first century through basic digitization of order completion and payments, as well as cost and performance business analytics.

However, every company must now, to some extent, become a software company. Because developing this technology from scratch is impossible, supply chain software companies provide reusable chunks of code that developers piece together to create finished applications known as APIs.

Companies are burdened with melding several different pieces of technology into one main hub in order to have full visibility and control of their logistics operation.

From warehouse management systems to robotics platforms, labor analytics, and fleet monitoring, logistics operators will be more successful if they can integrate and communicate effectively.

For the foreseeable future, the cost of integrating logistics technology platforms will be a significant component of technology budgets. Companies are investing more heavily in logistics than in previously dominant departments such as marketing.

Consumers and the market place unprecedented expectations on fulfillment and customer service. Once a brand has captured its audience through marketing, it must quickly pivot to ensuring the rest of the customer experience is flawless - a trend that will be seen across all industries.

Wrapping Up

We have discussed two big logistics technologies - warehouse automation technology and supply chain software. In a nutshell, these tech-back solutions are helping businesses a lot in warehouses, and inventory and maximizing the outcome of supply chain management.

Admin Meksmart