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Technology

What are the latest technologies that are transforming the logistics industry?

Answers 1

Being a massive market worth $4 trillion worldwide, the logistics industry is affecting a range of business sectors from manufacturing, e-commerce and fashion. The following are the technologies that are transforming the industry to meet the demands of the internet age. • Automation uses data-driven software to enhance the operational efficiency of machines, offers variety of solutions for the logistics industry such as advancing package labelling and streamlining warehouse sorting systems. • Wearable technology such as smart glasses that not only improves efficiency and speed but helps in reducing human error in warehouse picking process. • Cloud computing technology has provided with flexibility and efficiency in logistics industry by digitizing the operations of global shipping and increasing the transparency. • Drones and self-driving vehicles have the potential to have an immediate impact by easing the delivery of products both to rural locations and densely populated urban areas. Logic companies have adopted Autonomous forklifts and driverless plant trucks early in controllable environments such as storerooms and shipping yards. • Robotics can perform multiple operations at the same time making their applications in the logistics industry virtually endless.


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