Technology, technology, technology. Every other industry talks about the implementation of tech into its processes. But, for certain industries, some technologies are relatively more practical. As various technologies have changed the way humans live, do business, and leverage their efforts, one industry has gradually woken up to the significance of certain innovative techniques and technologies. That industry, is Logistics.
As cash-flow is increasing in markets around the globe, manufacturing processes are rapidly scaling up. Now, whether for the actual manufacturing process itself or for getting the finished goods in the hands of the consumers or client businesses; logistics technology is evolving behind the curtains.
However, the technology in use is dependent on the type of logistics requirements of the company. Hence, there can be a lot of issues if, say, the business is massive in size with constantly changing financial dynamics while the logistics processes do not adapt to the dynamically changing requirements.
So, which domains of technology are or will be driving logistics in this new era? Here are our top picks:
- Big Data
The movement of goods and the management of numerous SKUs (Stock-Keeping Units) require efficient handling of the associated data during the logistics process. This is something that can be (and is already being) made much simpler by involving the use of serious data crunching and data analytics prowess.
Automation is basically the setup of processes in such a way that certain triggers set off stages of the process automatically without the need for human intervention. Essentially, all automation processes must be monitored by capable logistics technology solutions to aid efficiency.
- AIDC/RFID (Automatic Identification and Data Capture)
These 2 technologies are yet to reach the level of utility and implementation that can realize their full potential. But, if the current situation is anything to go by; in the coming years, we can see an expanded usage of Radio Frequency Identification and Automatic Identification & Data Capture in gateway passage of cargo, loading/unloading checks, and identification of details of the goods that move into a warehouse.
Internet of Things refers to the network that allows various digital and/or electronic devices to connect amongst themselves and thus allow for easy data transfer. The Internet of Things is expected to drive the next wave of innovations in numerous industries worldwide with the rise in prominence of Web 3.0. This will drive innovations for the equipment that are used within the logistics industry, and create a web of equipment connected amongst themselves via the Internet for independent handling of various stages of a logistics process.
- GPS-related Refinements & Innovations
GPS, an acronym for Global Positioning System, can help in getting rid of some of the biggest pain points of the logistics industry. But, it’s not just about GPS, which, in its core form, has been in utilization for over a decade. Various positioning mechanisms have evolved and improved and have taken GPS functionality to the next level and have helped transform logistics technology. Recent improvements have made it evolve as an efficiency booster and has made the technology exactly what it was supposed to be: our eyes in the skies. Thus, in transportation logistics, tracking of freight and/or truck movement is easier than ever and much more practical than it was ever before.
For example, several GPS-dependent trigger-and-action modules can be integrated to assist in the enhancement of automation of processes.
The above are just some of the technologies that have fast emerged as the stepping stones to efficiency in logistics. However, there are problems in the logistics sector that hamper the traction of these technological implementations in countries like India.
Here at Quikhop, we are trying to fix exactly that and work on the ground level to help drivers and transporters adopt new technologies while understanding how it will alter efficiency levels for the good.