A Roadmap to Logistics Success in 2023.

The COVID-19 epidemic, which decreased output levels, and more recently the conflict in Ukraine both contributed to the disruption of the global supply chain.

Because of the scale of manufacturing on a worldwide basis, even minor changes in the sourcing of manufactured goods and raw materials can result in an increase in both the cost and the time it takes for commodities to travel from one location to another.

You must manage delays and disturbances in the transportation and make use of the best logistics technologies if you want to be among the 2023 logistics winners. The following advice can help you succeed in 2023:

1. Cross-Cooperation and Transparency Using Digital Technologies

Logistics and transportation companies frequently operate on both a local and international level. This means that in order to avoid operational delays and unforeseen expenditures, various manufacturers and distributors will need to coordinate their logistics.

Companies don't typically rely on intercompany cooperation. On the other hand, collaboration with additional manufacturers, distributors, or logistics service providers, for example in manufacturing, transportation, and inventory management, may bring major competitive benefits.

Inventory information, sales data, transportation and production data, and other information can be shared and monitored by the interested parties using digital technologies with the use of efficient logistics technology and cooperation between all parties. On the basis of the data, greater collaborations based on openness and trust may be created, helping businesses gain a competitive edge in their industry.

2. Using hybrid vehicles instead

It's important to have the correct kind of car. Depending on how you use logistics technology, it may frequently seem like automated guided vehicles (AGVs) are the ideal choice given the rising cost of gasoline and the increased cost of hired manpower. However, there are some circumstances in which you would prefer autonomous vehicles to human drivers.

Having a fleet of hybrid vehicles is the ideal compromise between these two. A real-time transport control system, one of the numerous capabilities offered by hybrid cars, enables you to use your fleet's capacity and resources to the fullest. These vehicles save time and money from a logistics technology standpoint.

3. Automation of logistics technology

The rise in digitalization and automation is what has caused the most significant change in logistics technology as a result of the epidemic. The degree of adaptation has to do with digitization, which many people don't seem to comprehend. Businesses with agility can quickly alter their supply chain in response to both unforeseen circumstances and anticipated expectations.

For instance, the use of AI technology in logistics operations can improve route planning and enable continuous tracking of deliveries and routes. As a result, the routes can be quickly optimised in the event of an unanticipated delay on a particular road or increased traffic in a particular location.

You may improve your routes and deliveries for quicker and more precise transportation by using AI technologies like Norma LIVE, a Route Optimization Software with a focus on delivery route planning, and a Delivery Management Software with a focus on delivery route execution.

Conclusion

Transparency and the capacity to consistently monitor data are the two key pillars of logistics technology in 2023. Cross-company collaboration and optimization tactics are key for businesses that wish to gain a competitive edge in both their manufacturing and transportation processes.

Automation is essential because it will provide them more agility to deal with unforeseen disruptions. This is why organisations will require high levels of both digital technologies and AI tools to succeed in the logistics technology game in 2023.

Download this white paper to learn more about tips for last-mile delivery options you can use to scale your business.