80% of Supply Chain Innovation Will be Powered by Smart Logistics by 2030.

Smart Logistics

Logistics companies will need to enhance their strategies for operating in various emerging markets by implementing smart logistics. According to the reports, the automation integration in transport and logistics would lead to efficiency gains. The current reports say that encompassing technologies such as AI, IoT, and robotics are changing and revolutionizing the supply chain operations.

According to the recent study by PwC it states that the emerging countries have long-term target markets that can lead the multinational logistics operators. There are many multinational companies that have entered the domestic logistics market and are emerging in the market by 2030. The supply networks of the world are changing.

They will have to understand the regulations of the government and how each market affects them, be it the establishment of free trade zones, changing customs procedures, or the new sustainability procedures. As the demand changes, the emerging markets develop.

There are various ways to mitigate the challenges for transport and smart logistics, such as :

• Use of the control towers for better visibility, view of metrics that are connected, and events across the supply chain.
• One way to reduce the cost is to balance the mode of transport; the companies should increase the efficiency by utilising the vehicles and productivity through effective loading and routing.
• The government has now introduced smart logistics efficiency enhancement programs (LEEP), which help to improve logistics efficiency and build 35 multimodal logistics parks.
• Discarding the old vehicles with poor performance will improve the fuel economy.
• Having an efficient modal mix will help to bring down the costs and improve the efficiency of transport and smart logistics.