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Logistics operations present a challenge for leaders, as they have to optimize costs while maintaining high levels of service and performance. In today's global economy, logistical expenses can make up to 4-5% of a manufacturing or retail firm's total costs, and the increasing complexity of the global supply chain and rising transportation costs only adds to the pressure on margins... Readmore
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The covid-19 pandemic inflicted severe disruptions on the global supply chain that badly affected the logistics industry. From rising uncertainty and massive plant shutdowns to sudden demand changes, logistic companies had to struggle a lot during this contagious pandemic. As the logistics industry now enters the post-pandemic era, businesses are facing new challenges like economic recession, labor shortages, and demand for sustainable deliveries. Besides, geopolitical problems, rising costs of warehousing and fuels, and cybersecurity risks can make it difficult to manage global logistics and supply chain operations effectively. Hence, logistic companies are considering different technology options to prepare for the New Year and succeed amid a challenging business landscape. Given below are the top 5 technology trends that are likely to transform the logistics industry in 2023 and beyond. Let’s explore! .. Readmore
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The entire world is moving towards Industry 4.0, raising the expectations of customers to a whole new level. They expect to be served immediately and like to have their say in the manufacturing of goods as per their personalized needs. Customer centricity, therefore, has become the key factor in the success or failure of businesses worldwide. Fulfilling customer expectations is only possible when industries adopt the smart manufacturing and transportation revolution and integrate technology deeply into their value chain... Readmore
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The entire world is moving towards Industry 4.0, raising the expectations of customers to a whole new level. They expect to be served immediately and like to have their say in the manufacturing of goods as per their personalized needs. Customer centricity, therefore, has become the key factor in the success or failure of businesses worldwide. Fulfilling customer expectations is only possible when industries adopt the smart manufacturing and transportation revolution and integrate technology deeply into their value chain. The question is not if we are ready for adopting it, but the new question is why haven’t we already?.. Readmore
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Industry 4.0 started as a German government’s initiative to digitize the manufacturing processes and uplift their manufacturing industries. The world started adopting it, moving towards digitization and automation of processes, real-time data, and increasing operational efficiencies... Readmore
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If you manage a trucking company or if you are a pick-up owner or into logistics business and you’ve utilized the traditional time tested mode of operation for a long time, you would have noticed just how unreliable this method can be. Lean business periods are often characterized by emails not replied by customers, empty back hauls, and bleak business forecasts. You may have had to deal with these issues and more in time past but technology is changing the industry just as it has changed just about everything in our world... Readmore