Top 5 Logistics Technology Trends for 2023
According to Gartner, logistics and supply chain leaders should prepare for disruptions. The willingness adopting to tech tools is therefore key.
The Top 5 Logistics Technology Trends for 2023 comprise:
1️⃣ Autonomous Last Mile Delivery
2️⃣ Autonomous Trucks
3️⃣ Time Slot Management
4️⃣ Transportation Management System Innovation
5️⃣ Automated Warehouse
Autonomous Last Mile Delivery
One of the most difficult and expensive aspects in logistics are the last mile and home delivery.
According to McKinsey Survey 2018: the share of last mile costs is at around 80 percent.
Electric bikes and navigation software are more favored now. Both drones and autonomous delivery bots from companies like Starship Technologies are still in test mode and have not yet become established.
As they become more common, use cases continue to pile up, the use of this technology gets closer to being the normal.
Responding to driver shortage which continues to grow every year, autonomous trucks do not replace human drivers – similar to autonomous robots within the warehouse. They collaborate with drivers to make work easier.
The practice of platooning seems to be a space where the reality of autonomous trucks, could make the first impact: the lead truck is equipped with technology augmentation while a follower truck operates in tandem through a fully autonomous system. The vehicles move in a group or platoon with the trucks driven by smart technology and communicating with one another. Each of the trucks still has a driver onboard for safety and for taking over when exiting the freeway. This allows the follower driver to log off and rest while the truck is in motion. The tandem allow drivers to drive twice as far while ensuring they don’t exceed hours of service regulations.
Time Slot Management
Optimizing internal processes has the following positive effects:
—Increased handling capacity, and
—Reduced delays, loading and unloading times.
Time Slot Management does not only shorten waiting times for the drivers, but also improves production planning.
Transportation Management System Innovation
Due to rising freight costs, companies are increasingly using TMS to reduce these rising costs. The savings can be attributed to simulations and network design, load consolidation and selection of lower-cost modes, and optimization of routes with multiple stops.
A key reason for TMS growth is that technology has steadily improved in recent years. Three innovations in particular play a major role: artificial intelligence, real-time visibility and IoT.
As an efficiency lever.
—Robots automatically assembling and packing orders.
—People continuing to deliver goods.
How we can help
Do you face the same challenges?
Send me a direct message (DM) to discuss the options.
Source: Forbes, December 2021