This Year’s Hottest Trends in Global Logistics

Supply chain management (SCM) investments are the name of the game this year, with more firms than ever before starting to recognize their value. SCM can give firms that all-important competitive edge, as evidenced by top toy manufacturer Lego naming an SCM guru as its new Chief Executive Officer.

SCM manages the relationships between each of the entities that form a chain, such as the flow of materials, information, decision-making and financial transactions. Here is a look at some of the biggest trends within this branch of logistics to pay attention to this year.

Augmented Reality

Augmented reality is already generating a lot of buzz in logistics, particularly when it comes to tasks like packing, ground handling and warehousing. Smart glasses enable workers to have product information literally right in front of their eyes. Such glasses can assist with navigation, scan bar codes, and simply make the manual handling of products a bit more fun and less prone to errors.

Drones and Autonomous Vehicles

One area that is still on the rise is that of drones and autonomous vehicles. Many last-mile delivery firms are already testing drones, and we can expect a widespread rollout of this technology in the near future. Meanwhile, unmanned vehicles have already taken center stage in many warehouses and factories, where robots in one form or another have been a part of operations for many years. This is the type of technology that can really help the industry grow in leaps and bounds.

Internet of Things

Several IoT use cases are already being evaluated for use in the logistics industry, and some of these are expected to bring an incredible amount of value to operations. One good example of this is Amazon Go.

It is important for companies to stay on top of the latest trends so they can meet customer demand and future-proof their business.

This blog post was based off of an article from Youredi. View the original here.

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