Innovative Technology that will Change the Future of the Logistics Industry
There are many sectors within industry that are being revolutionised by innovative technology and none no more so than the logistics sector.
Artificial technology, big data and 3D printing are among the things to factor in and that are driving the sectors leading players. Here we take a look at how the logistics industry may look in the future.
Driverless Delivery Vehicles
One of the concepts that is being trialled by some of the leading logistics firms is autonomous fleets – that is to say driverless vehicles. Ecommerce giant Amazon is one of the companies that is testing this technology and who is beginning to use drones to make deliveries. It is driverless vans, trucks and ships, however, that could have the most impact further down the line.
Savings of up to 20% are expected as manual labour is replaced by technology that is quicker and more efficient.
There has been huge growth and development in the technology that allows complex items to be printed and the impact on the logistics sector could be extremely significant. When products can be printed on demand, the requirement to carry inventory is lessened and thus the costs of warehousing and transportation are lowered.
The Internet of Things
Big data and the internet of things will also have a dramatic impact on how the logistics sector looks in the future. Technology used throughout the supply chain, such as radio frequency identification (RFID) tags make the tracking of goods much more accurate and improve efficiency.
In addition, fleet management solutions that rely on global positioning systems (GPS) help operators see how the vehicles they manage are performing and where they are worldwide.
Green Fuel Solutions
As the logistics sector grows in line with demand from ecommerce business and other users, there is a growing need for companies to operate in a more sustainable way. Here, technology such as electric vehicles will replace those that are powered by diesel and other fossil based fuels. This won’t only apply to road vehicles – cargo ships that run on electricity will drastically reduce the amount of pollution that enters the seas and oceans that they travel.
Operational costs can also be reduced by the use of augmented reality solutions. Vital information about fleets and goods can be collected using the technology, such as weight or damage to goods.
Indeed, the future of the logistics sector is bright. The industry can look forward to continued growth and one which is increasingly reliant on technology for value, efficiency and sustainability.