Logistics Transformation Spurred by Modern Technology
It’s obvious how much technology has changed our daily lives. These days, most people in the developed world feel a sense of panic if they can’t access their smartphone or the internet. However, it’s not just our everyday tasks that are becoming easier because of technology; it’s also spilling over into the world of logistics. Thanks to advancements like route optimization apps, GPS solutions and electronic tolling, the transportation industry has experienced a revolution in logistics. As a result, firms have been able to note cost savings and improved supply chain efficiency.
The increasing consumer preference toward online shopping has placed tremendous pressure on transporters to make timely deliveries, and consumer expectations about quick deliveries continue to rise. This has spurred the technological advancements that are ultimately saving businesses money. Automation technology has made picking and packing accurate and fast, while tracking technology has enabled customers to keep track of where their purchases are at all times.
More Information, Better Optimization
At the same time, GPS upgrades have added new functions that make operations smoother, including geofencing, fuel tax reporting, route optimization, driver hour tracking and real-time traffic data. In addition, it allows a business to keep track of vehicle maintenance to fix problems before they get out of hand. It can even send notifications when a driver is going too fast or being rough on the brakes.
Fleet managers can use this information to keep fuel consumption down and make safety improvements in addition to monitoring a driver’s conduct, all of which can save money over time. Moreover, insurance companies have started to offer discounts to fleet operators who use this technology.
All of this is only the beginning. As technology continues this rapid advancement, transport logistics will only get better and better. Those who are not already taking advantage of all it has to offer will have trouble keeping up with the competition. The latest technological advancements can help companies reach previously unseen levels of growth while keeping costs down and boosting customer satisfaction.
This blog post was based off of an article from Techoco. View the original here.