How Technology is Changing the Future of Logistics (2024)

Logistics & Technology

The evolution of technology is pushing the boundaries and changing how the world does business. Today, we’re accustomed to everything being online and right at our fingertips for immediate access. Through Amazon, the pioneer of fast-paced delivery service, it’s possible to receive a package less than an hour after ordering, depending on where you live. Improved technology has also increased productivity in the supply chain, minimizing costs and errors. These advances benefit all areas of the logistics industry: trucking transportation, international transportation (ocean and air), supply chain management, and shipment tracking. Here are five major technological advances that are changing the future of the logistics industry.

Shipment Tracking Systems

Previously, customers booked shipments, received an estimated delivery date, and then were left in the dark unless they decided to make a phone call. Today, internet and software advances allow customers access to shipping and tracking systems 24/7. Not only does this enhance the user experience, but it saves time and money for the company as well.

Shapiro offers Shapiro 360°, a shipment tracking system tailored for our customers that allows them to monitor and manage their shipments. It features shipment notifications and messages, customizable reporting, and customer accounts with information specific to the cargo destined to them. You can’t complain when technology is allowing us to do everything from the comfort of our couches.

Better yet, we are making further enhancements by incorporating CargoWise automation within our platform. This frees us to set sail to our future, propelling our resolve to showcase the talent of our remarkable crew, focus fully on our customer, and chart and deliver their technological dreams!

Learn more about Shapiro 360 or contact us for more information.

Internet of Things (IoT) and Radio Frequency Identification (RFID)

Did you think years ago that you would be able to turn on your ceiling fan from your smartphone? Today, many devices are made with built-in Wi-Fi capabilities and sensors, from cell phones and ceiling fans to cars. The easy access to Wi-Fi and the internet connects everyone to everything, which is why it’s called Internet of Things. IoT is opening up many opportunities for the supply chain, such as reducing costs and delays by avoiding risks. Sensors are built into cabs, cargo ships, trains, etc., and connect to an alarm system or dispatcher that is monitoring and tracking. These sensors process and transmit the information to the crew who then gains insight into hidden risks and knowledge. Although IoT isn’t an entirely new technology, it continues to impact the future of logistics, allowing for a more accurate in-transit visibility and delivery of goods.

RFID technology, which has also been in use for a few years, is a popular labor-saving way companies can track their inventory. A tag or sensor is placed on the product and radio waves are sent out. The data is then received and processed by the company. Similar to RFID tags are barcodes, but the superior speed of information delivery and data processing of RFIDs is more appealing to businesses and the way technology is moving. Today, many companies are using RFID tags in their distribution warehouses to monitor containers. Other industries are already using RFID tags, such as the apparel industry and major theme parks.

Autonomous Trucks and Drones

A world where a computer drives you from Point A to Point B or you receive a package from a flying unmanned aerial vehicle sounds like something out of a movie, but that is where we’re headed. Autonomous cars are already a reality with trucks not too far behind. Embark and Uber have already made long hauls using autonomous trucks, with Tesla releasing a truck this year. While it wasn’t completely driverless, with a driver in the passenger seat to monitor the computer, it is a huge step in this breakthrough technology and has the potential to increase efficiency in the delivery process.

Amazon has announced the future of packages being delivered right to doorstep by drones, called Amazon Prime Air. Drones deliveries are still a few years out due to regulatory measures and associated costs, but the thought of not having to sit around during a four-hour time span waiting for a package is pretty appealing.

Enhanced GPS Accuracy

Long gone are the days when you printed out directions from the computer before you left the house. Now almost everyone uses GPS, whether built-in on their vehicles or on their cellphones. The accuracy of these devices has drastically increased throughout the years, not only helping frustrated, lost drivers but also improving the supply chain. The advanced accuracy of GPS allows for increased productivity and satisfied customers, by tracking trucks’ locations and improving hauls through access to updated traffic data.

Social Media

Who doesn’t check some sort of social media platform every day? The power of social media is optimizing the logistics industry and operations as a whole. These platforms are becoming the easiest and most efficient way for companies to communicate with customers, conveying urgent information, industry news, and customer responses quickly. According to Hootsuite, 59% of Americans who have a social media account agree that customer service via social media has made it easier to get questions and concerns resolved. Here at Shapiro, we use multiple platforms to get news and updates to our customers: LinkedIn, Facebook, andTwitter.

To remain competitive and enhance efficiency, keeping up with the latest technology is a must. The logistics industry is benefiting immensely from the latest technology and will continue to grow as more advances are made. The breakthroughs in technology will continue to push the boundaries for years to come.

How Technology is Changing the Future of Logistics (2024)

FAQs

How is technology changing the future of logistics? ›

Logistics & Technology

Improved technology has also increased productivity in the supply chain, minimizing costs and errors. These advances benefit all areas of the logistics industry: trucking transportation, international transportation (ocean and air), supply chain management, and shipment tracking.

How technology will change supply chain in the future? ›

By incorporating a combination of technology in supply chain management and logistics like AI, predictive analytics, and machine learning, companies are able to automate their warehouse operations, better their delivery times, manage inventory proactively, optimize the sourcing relationships, and build new experiences ...

How can technology be used to improve logistics in supply chain management? ›

One of the primary ways technology improves supply chain efficiency is through real-time, actionable data. With the help of sensors, RFID tags, and other tracking technologies, companies can now collect real-time data on their inventory, transportation, and other aspects of their supply chain.

What is the role of technology in logistics? ›

Communication and Collaboration– Technology facilitates improved communication channels between stakeholders in the supply chain such as suppliers, carriers, customs departments and customers alike. It fosters collaboration among them for operations.

How is tech changing the future? ›

Robotics and machine learning have improved productivity and enhanced the overall economy of developed nations. Countries that have invested in innovation have seen tremendous growth in overall economic performance. In the future, it may be possible that society will not need as many workers as seen today.

What is the future of logistics? ›

By 2030, sustainability will be at the core of logistics operations. Zero-emission delivery vehicles, powered by electricity or alternative fuels, will become the norm. Companies will adopt circular supply chain practices, emphasizing recycling, reuse, and reducing waste.

How can new technology lead to a change in supply? ›

Technology leads to an increase in the efficiency of the production process which results in the shifting of the supply curve to the right. With decreasing cost of production more and more customers will be demanding the product. Also read: Price Elasticity of Supply.

What are the three most important technologies in supply chain currently? ›

7 Best Supply Chain Technology Trends & Innovations
  • Internet of Things.
  • Artificial Intelligence.
  • Augmented Data Intelligence.
  • Warehouse Automation.
  • Robotics.
  • Last-Mile Delivery.
  • Utilization of Supply Chain Management Software.

How does technology benefit the supply chain? ›

Enhanced collaboration across supply chain stakeholders. Reduced cost for maintenance, repair, and operations of supply chain equipment. Reduced shipping and delivery times. Improved inventory turnover and inventory costs.

What is the biggest influence technology has had over logistics? ›

Technology has transformed the logistics industry over the years, revolutionizing the way goods are transported, stored, and managed. Automation has streamlined various processes such as sorting, packaging, loading, and unloading.

How does technology help logistics to integrate their functions for the organization's success? ›

The use of IoT devices such as sensors, trackers, and RFID tags allows real-time monitoring and tracking of goods, vehicles, and warehouses. This technology enhances supply chain visibility, improves inventory management, and optimizes route planning and last-mile delivery.

How can technology improve supply chain risk management? ›

The integration of technology into supply chain risk management processes offers immense potential for businesses to enhance efficiency, reduce costs, and drive innovation. From asset visibility to predictive analytics, the possibilities for improvement are vast and varied.

How technology is changing the future of logistics? ›

As technology continues to evolve, it is clear that the future of logistics is bright. With improved efficiency, reduced costs, and enhanced customer experience, businesses can expect to see a significant boost in their supply chain operations.

What are the digital technologies used in logistics? ›

Key messages: Digital technologies are widely employed to support freight management, goods monitoring, transport and last-mile delivery. Technologies being used include automated vehicles, robotics, connected sensors, database technologies and analysis tools.

What are the benefits of digitalization in logistics? ›

The benefits of supply chain digitalisation
  • Reduce costs. ...
  • Increase productivity. ...
  • Improve decision-making. ...
  • Improve collaboration between the various stakeholders. ...
  • Contribute to the CSR strategy. ...
  • The information system and data. ...
  • Team training. ...
  • Change management.
Oct 17, 2023

What are the current technology trends in logistics? ›

The latest technology in supply chain and logistics encompasses innovations such as automation systems, IoT networks for real-time supply chain visibility, cloud-based logistics platforms, AI-driven optimization software, digital twins for equipment monitoring and warehouse simulation, blockchain for freight tracking ...

How technology is revolutionizing the logistics sector? ›

By facilitating quicker order fulfilment, improving inventory control, and reducing errors, these technologies eventually raise production levels. Real-Time Tracking: Logistics are being revolutionized by the Internet of Things (IoT), which gives supply chain operations real-time visibility.

How digital technologies affect logistics? ›

It includes IoT, colossal data tests, AI ML, RPA, and cloud computing. It helps to upgrade production network works and improve visibility. This further develops products and conveys unrivaled client encounters. So, let's go through the following to learn more about digital transformation of logistics.

What is the digital transformation of the logistics industry? ›

Digital transformation enables logistics companies to modernize outdated systems, deliver automated operational processes, and provide better customer experiences. In some ways, the logistics sector is digitally advanced compared to other industries.

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