As post-pandemic demand for goods increases, global supply chains have come under immense pressure to ensure that products are transported to customers when and where they are needed.
In order to keep up with demand, many of those within the transport and logistics sector are harnessing the numerous technological solutions available to help them adapt and modernise.
Here we outline just some of the technologies keeping transport and logistics up to speed.
- Automated processing
Automation is being adopted by many suppliers, primarily within distribution centres.
Thanks to advances in robotics and artificial intelligence, tasks that previously required manual completion – such as sourcing and packing or updating order status – can now be automated.
This comes with several benefits including reduced labour costs, improved speed and accuracy and minimised potential for error.
- Digital twins
An innovative technology currently being employed within the logistics sector is the digital twin. This solution provides a detailed simulation model of the supply chain which relies on real-time data to forecast supply chain dynamics.
Utilising a digital twin allows businesses to make decisions in real-time, monitor risks, and plan future operations – improving overall flexibility and efficiency.
A blockchain is a distributed database shared within a computer network that stores information electronically in digital format.
Within supply chains blockchain can help participants record price, date, location, quality, certification, and other relevant information – increasing traceability, improving visibility and lowering the cost of delivery.
An additional benefit is that as all processes of blockchain technology are performed online, users of this technology can access data from anywhere.
- Electric Vehicles
Electric Vehicles (EVs) are becoming more and more popular, and thanks to sustainability targets they are set to become the standard from 2030.
Many transport and logistics companies are making the switch to EVs not only to reduce emissions within the sector but as a method to cut costs, in terms of both fuel and maintenance.
As electric vehicle technology continues to develop, the potential for wider use throughout supply chains will grow to include ships, lorries, vans and cars.
At b4b we are working with partners such as Fujitsu UK & Ireland to help modernise the transport and logistics sector via the smart border solution Atamai Freight. Find out more about Atamai Freight here: www.digitaltraderservices.com/atamai-freight