Increasing technology innovations are making big waves across industries, and logistics and the supply chain may be one of the most impacted sectors. Notorious for its heavy use of manual processes click here and large amounts of data stored in different ways and in different places, the logistics industry has perhaps the most to gain from implementing new technologies and following the most innovative Supply Chain and Logistics technology trends.
Recent years have seen massive advancement for the logistics industry in areas like artificial and augmented intelligence, advanced analytics, and automation, to name just a few. These technologies have evolved faster than ever while startups with even newer solutions and innovations continue popping up at a rapid rate. But attached to these innovations are new expectations and standards, forcing logistics companies to either adapt or fall behind. Much pressure comes from customers in the form of individuals and enterprises, all of who are demanding their products or services come faster and cheaper than ever before.
Companies within the logistics and supply chain sphere must continue getting ready for all of these bigger changes with innovations. From digital twins to blockchain to real-time supply chain visibility, Transmetrics has identified the Top 10 important logistics technology trends your company should be keeping an eye on:
Stay updated about the most exciting logistics technologies and innovations in the future by:
Artificial and Augmented Intelligence
Over the past several years, the logistics industry has started to integrate Artificial Intelligence solutions including intelligent transportation, route planning, and demand planning in their operations — but this is only just the beginning. From last-mile delivery robots and sustainability solutions, to warehouse automated picking systems and predictive optimization software, AI is already making a huge difference in logistics. Shippers, carriers, suppliers, and consumers can all expect to benefit from these logistics technology trends continuing in 2022.
Along with AI, Augmented Intelligence is also expected to spike in use. Augmented intelligence combines human intelligence with AI automated processes. For example, in logistics planning, using Augmented Intelligence can even be superior to using AI alone, since it can combine inputs from human planners (experience, responsibility, customer service, flexibility, common sense, etc.) together with AI technology which is left doing the repetitive and tedious work.
According to Gartner, augmented intelligence is on path to create $2.9 trillion of business value and lead to an increase of 6.2 billion hours of worker productivity globally by the end of this year. Logistics companies can be expected to implement more Augmented Intelligence solutions, which ultimately allow logistics professionals to do their job more quickly while reducing mistakes and creating cost savings.
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