If you want to get 2021 off to a flying start – and let's face it, who doesn't after the year we've had – you'll need to keep up to date with the latest developments in the logistics industry. However, there's so much going on in this fast-moving sector that it can be difficult for busy business owners and warehouse managers to know what to focus on. Here's a quick guide to three of the hottest trends and why you should be embracing them if you want your company to thrive during the Covid recovery.
1) Supply Chain Visibility (SCV)
Whether they're looking for traffic updates, weather reports, or an accurate delivery time for the arrival of goods, businesses and consumers want to be able to access information at the touch of a button. As a result, utilising the latest real-time SCV technology has become a must for decentralised and mobile companies. If you aren't already integrating your processes and obtaining software so that you can access - and provide your clients with - real-time SCV, now is the time to start.
2) Warehouse Robotics
According to one recent report, the global market for warehouse robotics is set to grow at a rate of 27 percent between 2020 and 2025. Many warehouses already utilise robots for order picking, packing, and transporting goods. What's more, the use of robots has enabled many companies to function effectively during the coronavirus pandemic despite social distancing. Growth in the use of autonomous vehicles, wearable tech, and other robotics-related devices is likely to be notable during the next few years. Not only are robots' capabilities developing rapidly, but more and more business owners are realising first-hand how using them can improve productivity and minimise costs.
3) Predictive Analytics
The ability to forecast scenarios is the key to business success, so you may not be surprised to discover that the predictive analytics sector has experienced significant growth in recent years. You can already use predictive analytics programs to forecast demand, manage your warehouse inventory, and enhance your transportation planning process. And on the horizon is digital twin technology, which allows you to make virtual replicas of physical objects so you can simulate more accurate picking and delivery scenarios.
Find Out More
To find out more about how you can use the latest technology to maximise productivity and output in the warehouse, get in touch with one of our consultants today.
Image Source: Unsplash