Planning for the Future of Logistics

Tuesday, March 5, 2019

Technology, innovation: you listen to these words often and in different contexts. But what do they really mean for your supply chain and your business? The reality is that, if things are not progressing in the supply chain so that they leave space for innovation, it is time to plan a change of improvement towards the future.

The standardized processes of the industry have been established based on outdated systems. This leaves many companies trapped between the inherited processes and the growing need for real-time information. Every day there is more information, new processes, and everything evolves much faster than the capacity of general adoption in the logistics industry.

From automated electronic ordering, real-time truck tracking and automated delivery notification, the technology is there, but companies’ adoption of these options is still far behind. Companies around the world are overcoming obstacles created by inherited processes, manual processes, lack of visibility and lack of collaboration, if you want to be in the logistics business in the future, a strategic path to implement new technologies is essential.

Understanding current technology and technological trends that will interrupt and change the way logistics are carried out today, will allow you to pivot in a realistic way to plan for the future. From applications and robots to artificial intelligence and autonomous vehicles, technology continues to advance at a rapid pace. And good or bad, technology will replace a good part of the human element that moves the industry today, eliminating the risk of errors and wasted dollars.

The way in which companies plan changes in the market, future technological developments and the use of currently available technology is the key to developing the right strategy for their supply chain. Technology brings agility. Within a few years, the logistics industry will look very different from what it seems today; it is likely to adapt and use high-level algorithms, big data and previous versions of intelligent programs such as artificial intelligence (AI) and machine learning.

Preparing for a future that depends more on technology should remain a priority for companies around the world. Not planning this will be a critical mistake for players in the logistics industry. And in general in all industries that seek to remain afloat in the market. Knowing where the load is at all times is becoming a reality. For example, the Amazon Prime effect, with the ability to track and know exactly where the items are, has become a normal expectation for customers. This is the future of the logistics industry.

DICEX seeks to inform and be at the forefront in technology and innovation and always provide an optimal service to customers and suppliers, however as mentioned is not always easy because of the speed of change that technology brings today. Therefore anticipation is what makes you spearhead and that this is not a reason to lose market share.

We know the importance of the subject and therefore we have a consulting business unit with which we can provide solutions to different processes and different areas of the company ensuring an efficient operation that leads the current innovation in the industry.