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The global pandemic due to COVID-19 has shaken economies, industries, lives, and everything from transportation to warehousing. The logistics industry has seen sharp falls during this time. Keeping track of the new supply chain developments is still beneficial. We have listed some exciting predictions anticipating this year.
Logistics automation due to robots
Autonomous mobile bots in factories may see more applications in accelerating menial, labor-intensive activities. Coupled with powerful tools for factory management, robotics can dramatically increase the efficiency of the manufacturing process. The logistics will begin to migrate side to side with research and innovation, using robots to transfer goods across distribution centers been in and out of vehicles.
Inclination towards energy-efficient vehicles
We may be seeing a rise in more energy-efficient cars in the green space. In municipal distribution vehicles, for instance, hybrid trucks and oil and gas vehicles are used. Numerous clients also order the recycling of product packaging. We anticipate this trend to expand and predict that sustainability projects and technologies will remain a focus for both consumers and organizations.
Internet of Things (IoT0) will be seen widely
IoT technologies can increase visibility in manufacturing, inventory control, and proactive maintenance in retail stores and warehouse outlets. By combining the technology with key enterprise applications such as business intelligence software, logistics software, several organizations would also utilize IoT’s strength. These software solutions would allow the data collected by IoT products to be processed, enabling businesses to develop data-driven choices on logistics strategies.
Elastic logistics is not the future, but now
As per current business demands, elastic logistics enable the distribution network to quickly extend or compress. Advances in artificial intelligence empower logistics companies with limited disturbances to adapt as required.
Elastic logistics offers consistency in the supply chain with multiple factors, namely shipping schedules, transporter space, use of containers, and optimization of routes.
Augmented Reality and Virtual Reality would rise more
There are also numerous opportunities for Augmented Reality (AR) and Virtual Reality (VR) to improve the productivity of existing logistics software and technology . AR computers, say, allow employees to more easily undergo multi-tasking. These instruments may also be used by businesses to improve product marketing activities by forecasting future applications of products in a practical environment.
2020 proved that the logistics industry needs to be far more flexible, budget-friendly and client-centric. Businesses will also be required to conform to the new standard in order to best represent logistics as a whole in the post-pandemic phase. As for 2021, our team of extensive researchers has both high and low anticipations, but with slight adjustments, you might save your business a great deal!