Naturally,
significant focus is been given to making supply chain resilient and
avoid the domino effect of disruption across the supply chain. Companies are
increasingly focusing on improving the bottom line by making the supply chain
efficient by deploying various optimization models.
When
it comes to logistics, gone are the days where logistics and transportation are
seen as a cost center. Rather it is meant to gain a significant strategic advantage
over the competition.
Top
trends in Logistics
- Talking about trends, X2C will dominate the last mile. Consumers demand higher transparency and control over the delivery process. They have gotten used to hyper-personalization and this is expected to fuel significant innovations in SKU portfolio based on direct consumer feedback. In the coming days, logistics is going to become more consumer-centric.
- Self-Reliance is becoming a new business mantra. Organizations are working on mechanisms to locally procure, produce, and distribute. Technologies like additive manufacturing are becoming mainstream. This has the potential to change the landscape of last mile deliveries.
- The world is fast moving towards contactless deliveries. Warehouse processes around picking, packing, and loading are getting automated. We will see drone-based deliveries becoming more prevalent in developed nations.
- Supply chain disruptions are pushing organizations to collaborate better with their suppliers and partners at strategic levels in joint exercises like planning, improving the accuracy of the forecast, etc. Fundamentally these organizations have realized that being DIGITALLY FIT is need of the hour and it can give them a strategic advantage.
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