Logistics

The New Connected World

With the Internet of Things connected at industrial levels, the optimisation of resources, minimisation of routes to be travelled, and reduction of inventories at all levels of the supply chain are just the results of applying successful digital transformation journeys.

Logistics service providers are embracing the changes in all industries as they are closely integrated with many of them. The start and end of any supply chain process requires the involvement of logistics companies.

As logistics service providers, we need to be able to utilise every enhancement on digitalisation while keeping one eye on green policies worldwide. Optimising all the resources we have on hand will bring immediate cost benefits and ensure we are more resilient to future changes.

Supply Chain – The Resilience Issue

The past 3 years have proven that all plans, theories, and preparedness can just evaporate. Before the pandemic hit, “resilient” was not a key term in our vocabulary, but it is now a major part of our work. Whatever you have built as a system or method, it must be able to adapt to sudden changes and should have the capability to respond and change its form to cope with whatever new conditions it has to face.

The key to resilience is readiness. Get ready and stay ready for changes that come thick and fast. As the new world will be digital, it is vitally important to have the digital tools in place, investing in the right ones within a realistic time frame.

Special Topic: Last-Mile

Change in the game, giant start-ups, and blurred industry boundaries.

In logistics, last-mile delivery has always been the most costly, most complicated, and most problematic piece of the puzzle. Several technological solutions have been developed over the past few years and are now in pilot phases.

There are still a number of unanswered questions about how autonomous delivery will work, such as will the infrastructure be solid enough to support it, or will the several security issues be solved?

Then something happened: A global pandemic. Although many industries and a great number of countries have suffered terribly, some industries actually received a boost as a result of the pandemic.

Fast delivery start-ups emerged. That is, of course, if you can still call them start-ups with the billion dollar valuations and abundance of funding they are receiving.

These companies such as DoorDash, Getir, and Gojek are a new breed that carry the typical characteristics of new digital-born companies: hunger for growth, everything managed digitally, ultimate customer experience focus, and now industrial boundaries. The latter is a monster that every industry needs to be aware of. Some of these players have already dived into the financial industry, insurance industry and more. Take a look at our insight on this: The day before your defeat.