The logistics industry is under continuous transformation. From the past couple of years, we are constantly experiencing development in the industry, all thanks to the introduction of logistics trends to watch that we’ve read about ad nauseum such as artificial intelligence, big data analytics, and advanced robotics. On the other hand, there has been a steady global migration of people from rural to the urban environment which has also affected logistics in a big way. These changes don’t seem to slow down, so it’s wise to analyze them thoroughly and take their maximum advantage for logistics.
This year many of the key logistics trends to watch will be continuous from the previous years. However, there will some be advancements, progress, and tweaks in the latest logistics trends. These changes will make the global supply chains faster, smarter, more customers centric and sustainable.
So, let’s take a look at the top logistics trends to watch out for and will experience in this year.
1. Direct-To-Consumer (DTC) Shipments Will Increase
The advancement in technology has made it possible for manufacturers to connect with their consumers directly through different platforms, closing gaps between the two. Manufactures now don’t have to fight for shelf space in a retail environment. Instead, they are directly selling their products to the end customers through their online stores utilizing final mile logistics management.
In the ongoing year, DTC will be one of the top logistics trends to watch. It will result in better profit margins, stronger customer relationships, and understanding useful sales insights. Logistics companies should take this as an opportunity to grow their business by offering services to manufactures for quick distribution of their orders.
How Technology in Logistics will Shape Shipping in 2019
2. Logistics Automation Will Be On the Rise, Lifting all Other Logistics Trends to Watch
Logistics are increasingly adopting automation to meet the requirements of different human jobs. The logistics trends to watch in logistics automation as it relates to the purchase of autonomous mobile robotics and shuttle system purchases will still be on the rise this year. Warehouses will continue the automation process where robots will continue to take over human jobs.
The automation in the logistics industry is due to the increasing benefits it provides. Improved safety, higher efficiency, dual tasking, increased productivity and cost reductions are benefits mainly associated with logistics automation. These are the reasons why experts predict that automation will continue to attract the logistics industry this year, and in the years to come, of all the logistics trends to watch, automation will most likely make an appearance.
3. Big Data and Blockchain Technology Will Transform Logistics
Technology has been a key player to revolutionize the logistics industry. In recent years, companies have begun to deploy IT resources in their logistics operations. This will be the same in the ongoing year. Shippers will take advantage of the big data and blockchain technology to compete with their larger counterparts.
The implementation of big data will lead to more efficient logistics operations. They will become much safer through quick communication and help to cut down the percentage of human errors. Further, blockchain technology will help to minimize information disruption, reduce paperwork, ensure no tampering of documents and maintain access to the original information.
Meanwhile, business specialist writers at Essay Writing Service UK strongly believe that big data and blockchain technology will be two big logistics trends to watch that will revolutionize the logistics industry in the years to come.
4. Application Programming Interface (API) Will Change Shipping
Application programming interface, or API, allows two software programs to communicate with each other. In logistics, APIs will help to connect autonomous robots and other technology with a single management system. Using APIs, logistics companies can ensure that the right information is being accessed by the people that really need it.
Still, accessing valuable data insights demands lengthy manual labor. However, this year expect to leverage APIs by logistics companies for building effective communication process through automation. APIs will help to share and transfer data and limit its access to just the right people within a network. Hence, removing the need for manual checks and speeding up different processes in the supply chain.
5. Logistics Companies Will Continue to Collaborate and Consolidate
In recent years, collaboration and consolidation have logistics trends to watch in the industry. In 2019, these trends will continue to grow. Shipping companies will join to form shipping alliances. Companies will use innovative digital technologies to collaborate effectively through the entire supply chain and experience benefits.
Mainly, cost reductions, lower carbon footprint, increased accuracy, reduction in inventories, reductions in administrative workforce are the major benefits that are boosting collaboration and consolidation in the logistics industry.
Logistics Trends to Watch are Moving an Industry Forward
These are but 5 trends in the logistics industry to watch. It is natural to make sure you are ready to support these disruptions in the logistics industry, but just as vital as keeping your eyes on what is next, is making sure that all of your processes are sound, documented, communicated, and can handle any influx of new technology layered on top of the process.
Need a guide to these trends that can help you not only improve process but offer the technology capability so you are ready to handle any of these logistics trends to watch? Turn to Cerasis as your partner and ask for a demo of our transportation management technology today.
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