innovation

Logistics and supply chain businesses are slowly getting transformed due to new technology solutions. Innovations in this industry are offering multiple challenges that are remodeling all crucial concepts of business. Let’s take a look at some of the most innovative tactics you can use for your logistics company nowadays.

Tracking your vehicle

Vehicle tracking is one of the most significant advantages that modern solutions provide to logistics companies. Through GPS vehicle tracking software solutions and applications, you will get those real-time inspections which are vital for several reasons. First of all, you will always know if your driver and vehicle are safe on the road. If any issue happens, you will be able to contact your drivers and inform them about problems and how to react. On top of that, you can monitor fuel usage or vehicle speed at any time during the day. The benefits of these software solutions are multiple. Your company will improve its productivity and efficiency and reach its full potential in the near future.

Fastest route

With the help of modern management software, you will be provided real-time data on traffic consistently. Therefore, your vehicles will be able to reach their destination as fast as possible. Choosing the fastest route will save your business both time and money since you will be more efficient and productive. Although misinformation is always possible, using modern software solutions will minimize those mistakes and risks. Nowadays, drivers are still losing a lot of time in traffic due to wrong guidelines or their own mistakes. The implementation of modern tech solutions will help with those issues massively.

3D printing

3D printing used to be an expensive process since it required a lot of preparation and investment. Nowadays, this technology is far more advanced and also affordable and accessible to many business owners. Logistics companies can gain massive benefits, as well as many other industries. For instance, 3D printing has an immense potential to transform the supply chain process. It can rebalance the trade-off between transportation costs, inventory, and (low-cost) labor forces. Many companies used to outsource their production to Asia to save money. Because of 3D printing, they will have the “nearshoring” option to back their output to high-wage countries.

Blockchain

Blockchain is one of the most innovative and best tactics you can add to your logistics process. It is a permanent digital record of transactions. The crucial point is that those transactions are stored on a decentralized network of computers. Hence, the benefits are multiple – paperless transactions, which save a lot of costs, but also data verification, asset tracking, and accountability.

Customer service

One of the most crucial parts of every business, including the logistics ones, is customer service. Tech solutions will improve this area of business as much as the others that we mentioned. Since you will get precise, real-time information about every order, you will be able to inform your customers when they can expect their delivery to arrive. However, there will always be some unexpected situations. For instance, your driver might be forced to choose a longer route because of congested traffic. Thanks to software, you can instantly inform customers about the delay, which will further create the highly necessary trust.

Geo-fencing

Geo-fencing is one of the most excellent modern tools which improve the logistics process and make it a lot easier. It is suitable for almost every business, small, medium, or large. And it works pretty simply – you, or your logistics managers, will always be able to see if some shipment or package is not on the right track (path) anymore. It will require only a few people to monitor all those large numbers of deliveries. Even the supplier needs only one device to manage all the supply chains. Revolutionary, isn’t it? There is one more significant advantage of geofencing – it can prevent overcrowding. When it is necessary, it can redirect vehicles to other (longer) directions to avoid unnecessary crowding. For example, it would be wise to avoid school zones or quiet parts of the city.

All these modern tech tactics can massively improve the logistics business. They provide much more efficiency, as well as sustainability for companies. Efficient management is crucial for success, and shifting to these methods and tactics is highly recommended for every logistics company.