2018 has been a year with lots of transformation and development in the industry, and the same trends have been seen in the year 2019 as well. A remarkable use in technology has led to an expansion and growth in others sectors too. Reason for increased use in logistics With the evolving technology the logistics industry has drastically improved its operations and has been evolving and assisting other businesses grow. The major effect of the expansion has affected the ecommerce sectors. Key trends which help in transforming logistics There are various factors which contribute in the development of the logistic department of a company there is a contribution from various sources. Let us see which new trends lead to the transformation in logistics. 1. Blockchain: With the gained popularity in recent years Blockchain has been revolutionizing the world of transportation and logistics, making companies more efficient and profitable! From dispute resolution to administrative efficiency and order tracking, blockchain has the answer to the problems that have been plaguing the transportation industry for decades. Blockchain-enabled platforms allow easy coordination of documents on a shared distributed ledger, making physical paperwork largely unnecessary. 2. Chatbots: From the logistics point of view, there are two ways chatbots benefit the business: - Customer-facing operations, such as delivery booking, shipment tracking, delivery-related inquiries. - Supply chain operations, such as warehousing, fleet management, navigation. 3. Express deliveries: Lightning fast deliveries are a requirement now. People want a superfast delivery service. But faster deliveries affect logistics network as well. Industries that demand greater logistics: With the growing economy and expansion of companies around the world, the demand for more carriers and logistics has increased drastically and this calls for better capabilities that should be achieved with the growing number of demands. Let’s look at the industries where the logistics capabilities will expand throughout 2019. 1. Ecommerce sector: With the growing urbanization, and increased use of warehouse space the e-commerce sector has been flourishing each day. With the increase in demand of ecommerce sector the volume of warehouses is also expanding, and the warehouses are gradually moving nearer to the cities to make it closer to the customers. Hence the changes are leading to the changes in the logistics as well. 2. Delivery services: With the increase in requirements, delivery capabilities have also been increased. These have expanded to an extent where online shopping is clubbed with pick up orders, shipping packages to a secure storage locker, shipping to workplaces, and shipping to residences. 2019 is predicted to be the year where customer delivery will play a major role in increasing logistics services. 3. Usage of more data and technology: With these many delivery options retailers must increase the use of latest technology like using cameras to monitor trucks, automated processes, and technological methods of maintaining the deliveries. Use of latest technology will help in increase in logistical advancements keeping accurate data on records. 4. Healthcare services: Introduction of blockchain in healthcare industry plays a crucial part in upgradation of healthcare and pharma organizations. This will be a big step in increasing the logistics. The technology can be used to monitor the supply chains. 5. Automation and Artificial Intelligence: Artificial Intelligence and workflow automation has been paying a major role in efficient management of work and services, and this assists in a decrease the delays in the logistic services. By using artificial intelligence and workflow automation techniques seamless transition of data, order details, work assignments and invoicing processes are simplified and become hassle free, thereby helping in increasing the profits and better logistics. For more information regarding Logistics Management Software visit our website: Sonartechnologies.com
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