Several innovations are coming to the logistics industry in the coming years. These innovations include autonomous vehicles, digital twins, and contactless services.
Autonomous vehicles
Several logistics companies are testing self-driving technologies. The goal is to increase efficiency and reduce labour costs. This could partly offset the shortage of truck drivers.
In the United States, self-driving trucks are being tested in a variety of areas. Most tests are in the Sun Belt, where weather and regulatory conditions are ideal. The companies are working to overcome safety and liability concerns.
Autonomous vehicles can speed up the delivery process. They also eliminate the need for breaks. The trucks can also travel longer distances in a given amount of time. Ultimately, they can be used to reduce fuel costs.
Autonomous trucking companies have been receiving private investment. Investors believe that self-driving trucks will take off. Companies hope that robo-trucks will become the next generation of long-haul tours.
Currently, the market for self-driving trucks is estimated at 2.3 million units. However, experts expect the number of autonomous vehicles to steadily increase. In the next decade, experts predict a mix of semi-autonomous and fully automated vehicles.
One of the biggest challenges in the development of autonomous vehicles is the perception software. Ultimately, the software must be able to handle the huge amount of data collected by the vehicle. This means that the automaker will need to create a tool chain that is continuously integrated and can handle large data sets.
As companies begin testing autonomous vehicles, the regulatory landscape is likely to change. This requires automakers to address liability and harmonization issues. In addition, they will need to anticipate the changes in insurance coverage.
In the United States, autonomous last-mile delivery companies such as Starship Technologies and Nuro are already working. These companies are exploring a pay-as-you-use model. This model requires a commercial license.
Blockchain technology
Despite being a relatively new technology, blockchain has already become a staple in the supply chain community. Blockchain can improve traceability, reduce paperwork, and help make the logistics process more efficient. It can also help fight cyber fraud.
A few companies have already jumped on the bandwagon, such as Walmart Canada and Walmart USA. Walmart has tested using blockchain technology to track the origin of its pork. The technology also has the potential to improve food safety.
A study by Walmart found that implementing blockchain technology in its food supply chain could reduce food waste by 15%. Walmart used the technology to verify the origin of pork in China, the United States, and Brazil. In addition, the technology was used to help plan routes for its fleet. It can also help detect mislabeling of illegal goods.
Another study found that blockchain helped to reduce the costs associated with cross-border transactions. It also helped to streamline the payment process. The study found that the process took less than ten minutes, compared to two days previously. This reduction has helped to ease the burden on supply chain organizations.
The technology also has the potential to increase green supply chain transparency. It has the potential to increase the speed of green product development, and help to ensure products are certified by authorities.
Moreover, it also has the potential to increase the security of Internet of Things (IoT) systems. IoT sensors can transmit data to the system, and the data can be analyzed to help with planning and routing.
Blockchain has been proven to be useful in several other industries, including financial and manufacturing. It has the potential to streamline the entire supply chain, which could reduce the cost of importing and manufacturing goods.
Digital twins
During the last few years, digital twins have been gaining prominence in logistics operations. The use of these systems helps in achieving error-free business operations and facilitates communication between different departments.
These systems are based on the use of artificial intelligence, machine learning, and simulations. They also allow for the integration of data from various sources. In addition, they facilitate optimization throughout the product life cycle. Digital twins also ensure the safety of storage systems and warehouses. They can also be used to improve the design of products and systems.
As the cost of digital technologies decreases, more companies will implement digital twins. This technology is particularly valuable in areas where seismic risk is high. It can also be used to simulate hypothetical future scenarios and help determine the best docking location for a container.
These systems can also be used to monitor environmental conditions, assess the viability of warehouses, and even predict peak demand. They also allow for the optimization of the design and construction of warehouses.
Many buildings with complex processes have digital twins. Using this technology, production managers can optimize the design and production processes while also achieving time and cost savings.
These systems can also be used to increase traceability of products. They are also useful in assisting companies with the application of the HACCP concept. They can also provide useful data for avoiding delays in imports.
A digital twin is a virtual replica of an actual object. It can be an organization, a machine, or a process. It contains data about the physical object as well as its components, environment, and operations.
The data can be fed in real time to create a comprehensive view of the product and the facility. The most advanced digital twins also monitor irregularities in the process and evaluate options for remedy.
Mobile applications
Using mobile applications in logistics can be a very efficient way to ensure smooth operations. These apps can also help you improve your customer service.
These apps can be used to monitor the inventory levels in your warehouses. They can also provide you with real-time information about the status of your deliveries. This can help you ensure that your customers are happy and that your company is operating within budget.
Logistics apps can also be used to optimise routes and dispatches. This will help your company get a higher ROI. It will also help you save time, energy and money. You will also be able to keep track of the status of your drivers and assets.
Mobile apps in logistics are growing in popularity. As technology continues to develop, you will see more and more functions in these apps. You will also find that customised apps are becoming more useful. These apps can help you check inventory, schedule transportation, and report complaints.
Using mobile applications in logistics can help you save time and money. They can also improve customer service. These apps are also the easiest way to get a last-mile delivery. You can also track shipments and order cargo.
These applications can also be used to provide a mobile version of your fixed software system. They are also known as Software-as-a-Service (SaaS). They allow you to subscribe to a package of features. They are hosted by the provider of your service. You can pay for a subscription or use it as a stand-alone service.
These apps also make it easier to store important files. You can also eliminate printing, sign documents and send invoices instantly. These apps are also great for all levels of management.
Contactless services
Despite the impact of COVID-19, there are many positive trends for the recovery of the supply chain and logistics industry. One of the most promising trends is innovation. Companies are investing in innovative campaigns and strategies to provide better customer service and product offerings.
The industry has begun to automate many of its processes, with the use of advanced technologies. Contactless logistics services are one example of the ways companies are using technology to improve their operations. These services are particularly relevant to companies operating in the logistics industry today, given the current pandemic.
In the months following the outbreak of COVID-19, many organizations were forced to reassess their delivery strategies. These changes carried most companies through the worst of the impact.
The single most important impact of the pandemic was the forced adoption of automation. Many governments and organizations implemented traditional strategies, while many others implemented IT-based countermeasures.
This led to an increase in the use of contactless technologies in the distribution industry. These technologies include radio frequency identification (RFID), smart cards, and touchless check-in and check-out.
The new contactless delivery standard released by the Consumer Brands Association (CBA) provides an operational standard for contactless freight pickup and delivery. This standard will increase the safety of consumers and the efficiency of supply chain professionals. Moreover, it is expected to improve productivity and boost bottom-line profits.
The study identifies the factors that affect the adoption of contactless technologies in the logistics and supply chain industry. These factors are organisational, technical, and environmental. The study also identifies how organizations are using these technologies to build better products and services.
One of the most innovative trends is the use of robotics for order picking and packaging. Logistics platforms are also deploying technologies to understand the preferences of consumers.
