In the world of Logistics, new trends have emerged whilst others have evolved. These can be with respect to technology or business in general, but have the potential to create long-lasting impact in the industry. But the question remains, ‘How long would we have to wait for these trends to become a tradition in the current market?’ Well, for now, let’s take a look at the trends that come into the fray within the next 5 years.
Social & Business Trends
- Anticipatory Logistics: It is a system made of information which anticipates the requirement of customers’ needs that the suppliers can provide adequate service production to meet their needs.
- On-demand Delivery: This concept utilises the power of flexible courier workforce to enable customers to have their purchase delivered whenever and wherever they need it.
- Omni-channel Logistics: It provides logistics networks tailored to the needs of each single channel.
- Shareconomy Logistics: Logistics providers can share their existing resources to become more cost and time efficient, as the shift from ownership to asset sharing has become a trend in recent years.
- Smart Energy Logistics: This includes the adoption of electric mobility solutions in logistics, along with innovative energy harvesting, storage and distribution concepts.
- De-stressing the Supply Chain: Basically, this can be done by tactically ‘slowing down’ transportation such that it balances the supply chain, cuts storage costs and even reduces carbon footprint.
- Fair & Responsible Logistics: It is the intersection between the need to remain competitive and the need to increase sustainability, like improving the welfare of society and the environment.
- Convenience Logistics: With an increasing demand of 24/7 availability and convenience in online shopping, this concept would provoke a high demand for new delivery solutions.
- Multipurpose Networks: It refers to the utilisation of existing networks and infrastructure for transportation of goods, which can be enabled to by innovations in transportation, packaging and real-time supply chain monitoring.
- Internet of Things: It revolves around increased machine-to-machine communication, and is built on cloud computing and networks of data-gathering sensors.
- Robotics & Animation: It can enable new levels of productivity with zero-defect logistics processes.
- Cloud Logistics: It can enable an all new ‘Logistics as a Service (LaaS)’ based business models where logistics providers can use modular cloud services on demand using a pay-per-use approach.
- Big Data: Working on big data offers huge opportunity in areas such as communication, process execution, and minimising health and safety risks in supply chain.
- Augmented Reality: By adding virtual layers of information onto a heads-up display, it can enable workers by providing the right information at the right time and place.
- Low-cost Sensor Technology: With access to low-cost sensors, logistics is likely to increase its use, which can create smart infrastructures for monitoring, inspecting and volume scanning in supply chain.
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