Six Trending Technologies In Logistics Management
Logistics management is a highly specialized business. With increasing number of businesses going global, logistics companies are forced to come up with innovative solutions to match the client expectations and deliver efficient and effective services.
Use of technology helps logistics managers to optimize their work flow and offer specialist logistics solutions to the clients. Here are some of the latest technologies used by reputed logistics firms.
Automation helps logistics managers to improve the scale, velocity and efficiency of their operations. Many of the warehousing functions like, routing cargo, storage, warehouse sorting system, etc. can be automated. Warehouse automation helps in reduction of costs by reducing dependence of human workforce and improves the efficiency of the operations. With automation of the critical functions, warehouse managers will have enough time to concentrate on other important areas of management.
Robots can perform several tasks at once. Using robotics in logistics management helps logistics managers’ to improve the speed and efficiency of their operations. Robotics also helps companies to reduce their operating costs as there is less dependence of human workforce.
Wearable technology is gaining popularity in the logistics industry. Wearable technology helps to improve the speed and efficiency of the human workforce and also helps in the reduction of errors. This technology also improves productivity and employee satisfaction.
Drones are the most promising technology for logistics industry. They have a multitude of applications in logistics companies. Drones can be used for surveillance, delivery and many other functions. Use of drones in delivery will help logistics companies in providing faster deliveries in congested city areas and also to far away rural locations.
Self-driving vehicles are used in warehouses and shipping yards. These vehicles help to improve the speed and efficiency of warehouse operations.
Cloud computing helps logistics companies to improve the flexibility and efficiency in their operations. This innovative technology helps logistics companies to increase transparency in their operations and to cut transaction costs.
Internet of things (IoT)
The Internet of Things helps the integration of physical goods to the internet enabled devices. Logistics companies can offer specialist logistics solutions by deploying IoT. The IoT technology helps logistics managers to monitor various functions like the supply chain, delivery process etc.