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Increasing technology innovations are making big waves across industries, and logistics and the supply chain may be one of the most impacted sectors. Notorious for its heavy use of manual processes and large amounts of data stored in different ways and in different places. The logistics industry has perhaps the most to gain from implementing new digital tools & technologies and following the most innovative Supply Chain and Logistics technology trends.
Recent years have seen massive advancement for the logistics industry in areas like Artificial and Augmented intelligence, Digital Twins, advanced analytics, Autonomous Vehicles, Warehouse Robotics to name just a few. Although, the inclusion of autonomous AI technology will support the risk of predicted economic recession. The risk addresses that logistics companies will need to be alert and prepared for 2021. For example, carriers are already working hard to meet the global IMO’s protocol (International Maritime Organization – United Nations) 0.5% Sulphur cap, which went into effect on January 1, 2020. Thus, more resilient and sustainable technology approaches will harness Transportation & Logistics sector and their eco-system in coming years