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 smartphone app for your business:
Mobile communication gets a high importance in the fast-running world. According to recent statistical data, smartphone users will dominate the entire internet market. Create a clear path for growth by developing a smartphone app. The 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 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 logistics
1. Less manual intervention
2. Fast business delivery
3. More automation in business
4. 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 fuels
2. Conduct regular examination on energy consumption
3. Utilize the power of solar energyConclusion:
By implementing new technologies in the logistics business, you can expect high profits and return on investment.