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How Technology Reshapes the Logistic IndustryBy CIOAdvisor Apac | Tuesday, August 06, 2019
As technology continues to play its part, unimaginably greater extents of optimization across the workflow and operational network are sure to push the limits of logistics success towards the skies.
FREMONT, CA: The worldwide logistics industry has changed considerably in the latest years with the advent of e-commerce and increasing digital literacy among customers. Factors such as increasing disposable incomes, dual-income families, and ongoing urbanization have motivated customers across both advanced and emerging economies to follow up on trends in logistics. This has also led to the fast growth of retail channels that require effective inventory management and warehousing solutions to help clients make informed buying choices.
While thinking about the Internet of Things (IoT), Radio Frequency Identification (RFID), and Automatic Identification and Information Capture (AIDC) techniques to improve the order fulfillment process, it's simple to get overwhelmed. These logistics technology trends are concentrated squarely on effectiveness. Once, for most logistics suppliers and shippers, RFID sensors were out of a fair range to use throughout the shipping trip. However, in the latest years, the price of RFID detectors has declined exponentially, and shipping companies can take benefit of these techniques without necessarily growing shipping rates. As RFID sensors and bluetooth systems are introduced across the logistics sector, AIDC technology will become more common. In essence, AIDC offers a non-human way to update a shipment status automatically as the shipment passes throughout the shipping cycle.
Check: Top Logistics Companies
The concept of non-data-driven communications seems meaningless as the world has become increasingly conscious of the IoT. Manufacturers, however, are beginning to realize why a non-data oriented device could hold significant promise as one of the logistics technology developments to increase accountability and quality control in logistics procedures. Undoubtedly, the IoT is still needed for broad-based communication.
For eCommerce, the use of APIs, or automated protocol integration, will grow. Likewise, the use of cloud-based platforms will become the crucial prevalent element of the strategy of any shipper to develop their client base. The cloud is the basic resource that makes it possible and cost-effective to work on mobile devices and to process and analyze information quickly through IoT. Since eCommerce is a major player in an omni-channel solution to drive company development, companies, particularly logistics suppliers, need to know how technology focus will change.
Keeping up with the evolution of technology is a must to stay competitive and improve effectiveness. The logistics industry is taking enormous advantage of recent technology and will continue to develop as more progress is made. Technology breakthroughs will keep pushing the limits over the years to come.