4 logistics trends we’re likely to see in 2021 and 2022
The world of logistics is very fast-paced, and if you have experience in this particular industry, you might know that trends come and go. Keep reading to learn more about what new trends to expect in 2021 and 2022.
Today, more and more companies are becoming concerned about their environmental footprint and sustainability. In fact, companies are turning to green logistics in order to reduce their carbon footprint. People, in general, are becoming more conscious about how their actions affect the planet. Over 60% of buyers would be willing to pay a premium for environmentally friendly goods. Due to consumer shifts toward green products and services, more organizations will implement eco-friendly supply chain operations over the next few years. The logistics community is not indifferent to this, and the rise in green logistics solutions is a clear indication of this pattern.
Omni-Channel logistics provide a fantastic opportunity for businesses to track the complete journey of their customers. With the omni-channel, companies have to rethink how they interact with their customers, redesigning their business strategy to include all communication channels. From initial engagement to sales and interaction with a representative, the journey is all defined by a strategy, which encompasses the spirit of modern Omni-channel logistics.
As the name might suggest, elastic logistics provides heightened flexibility and versatility. It is an excellent way to manage scalability both ways and adapt the workflow according to current market demands and supply chain availability. A good example of how elastic logistics can benefit companies is the ability to run supply chains more efficiently and to adjust to changes in demand. Monitoring the vehicle’s location quickly and send documents, invoices, and communicate across platforms is also possible.
Utilization of new technologies
Technology is a substantial driving force across many industries, including logistics.
AI tools are becoming incredibly more sophisticated. This means that we see an increase in robotic automation. Globally, warehouses are becoming increasingly automated. According to the “European Business Review”, by 2025, there will be more than 4 million robots installed in warehouses, with around 50,000 robots being deployed now. Additionally, the use of robots in some warehouses has been shown to reduce labor costs and improve efficiency.
The Internet of Things implementations. The Internet of Things (IoT) is the global network of billions of gadgets that are connected by their internet connections and share data with each other. Currently, logistics trends are largely driven by IoT, which helps to transform a modern warehouse into a coordinated and cohesive system. As IoT usage in warehouses grows, its cost and functionality are expected to decrease.
In addition to that, the blockchain protocol is becoming more widespread for the logistics industry as well, given the fact that it offers easy tracking and accountability.
In conclusion, these are only some of the most likely and exciting trends that might have a strong impact on the logistics industry for many years to come. Time will tell, and these exciting trends might be the start of something genuinely different for logistics.
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