New Technologies in the Logistics and Transportation Industry 1. June 2017 admin Logistics (0) Transportation and logistics industry play a vital role in supply chain management system. New technologies arrive at a regular phase for enhancing the user experience. Transportation sector demands new technologies to simplify the work load and improve efficiency. Here, we have provided the list of new technologies in logistics and transportation industry.Automatic Drones:Artificial intelligence has a major role to play in future. Automatic drones would provide effective functionalities for the logistics and transportation industry.Drones are designed in such a way to reduce the work load in logistics sector. Automatic drones are used to,1. Deliver goods to the consumers2. Track inventories3. Internal warehouse delivery4. Cut the risks of accidents5. Access the areas under surveillance radarCloud based logistics software:Manage your logistics business easily with cloud based logistics software. A cloud-based supply chain management solution is essential for the rapid growth of logistics business. It helps in achieving various goals. Whether you need to reduce the capital expenses or increase efficiency, cloud-based logistics software can do it. Make use of powerful logistics software technology to stay in trend and handle multiple systems from a single point.Big data implementation:Big data splits the complex processes into simple segments. It is an effective analysis procedure where you can plan the regular business operations and customer details separately. This technology has an important role to play in the logistics industry.-> Forecast the demand and supply status of your transportation business-> Advanced marketing intelligence-> Efficient management of load pickup and delivery-> Know about your customer sentiments, performance, etc-> Analyse new business models and target marketsDevelop a smart phone app for your business:Mobile communication gets high importance in the fast-running world. According to a recent statistical data, smart phone users will dominate the entire internet market. Create a clear path for growth by developing a smart phone app. Mobile app is technologically advanced in nature. It provides numerous features and benefits to your logistics business.Digital supply chain – IOT:The Internet of Things (IOT) connects machines to the internet. IOT helps to monitor logistics equipment, remotely control devices and receive alerts related to repair / maintenance. It is an advanced technology which helps in various platforms of supply chain management.3d printing:3D printing is the process of making a physical object from three-dimensional digital models. It plays a vital role in manufacturing and supply chain management. You can create very complex items and structures. 3D printing eliminates the need for high volume production and employee head counts. It provides new opportunities in the SCM industry.Social supply chain:Social media platforms such as Facebook, Twitter, LinkedIn, YouTube and many other channels act as the perfect solution to enhance external communication and collaboration. In the logistics industry, social media channels help companies to connect with trading partners by providing excellent interface. If you are a logistics service provider then focus your strategies on building a good website and interactive mobile application. Advertise / brand your business to millions of people through online social networking websites. Get the potential customers, build positive relationship and encourage them to rate and review your service through social media channels.Electronic data interchange (EDI):Electronic Data Interchange (EDI) is the electronic interchange of data from a source to destination. In logistics industry, EDI helps to connect with SME (small to medium enterprise) suppliers and fulfill business requirements. Benefits of EDI technology in logistics1. Less manual intervention2. Fast business delivery3. More automation in business4. Connection with global customersEco-friendly logistics management:In logistics industry, the most-challenging task is fuel management. Inappropriate fuel consumption and energy management leads to unwanted expenditure of resources. How to implement eco-friendliness in logistics management? Here are the few steps involved in this process.1. Check out for alternative fuels2. Conduct regular examination on energy consumption3. Utilize the power of solar energyConclusion:By implementing new technologies in logistics business, you can expect high profits and return on investment.