If there are two things that have changed the logistics industry completely over the past two decades, they are the internet and containers. The demand for air and sea freight has seen a sudden spike over the past few years. The credit goes to the growing demand for eCommerce businesses. With more and more people switching to online shopping channels (especially after the COVID pandemic), the demand for air and ocean cargo has skyrocketed.
We have seen enormous growth in eCommerce sales recently. That’s not only because of the pandemic, but people are relying on online shopping more now than ever. There is no denying that the global pandemic has brought one of the biggest transformations in how the global trades were executed. The current supply chain is disrupted because of the growing concern of the COVID pandemic and the strict restrictions in the countries. It has become more convenient for people to place an order for their products from the comfort of their homes and have them delivered to their doorsteps.
Eight Trends That Will Shape the Future of Logistics
This leads us to an important question “what will the future of logistics look like”? It is already growing by leaps and bounds. The experts and the logistics sector, especially, are expecting a continuous demand for air and sea freight in the coming years. This demand is expected to grow, customers find these global eCommerce shipping services quite reliable. We have seen many innovations in the logistics sector recently, especially during the pandemic. One way to identify the future of any industry is by analyzing the current trends in that sector. And when it comes to logistics, the eight trends that can transform the way goods are transported between nations are:
- Digitization: It is now possible to track the deliveries and monitor how long until the product will be delivered to the target destination. Further innovations are expected in logistics, as digitization has become an integral part of this industry.
- 3D Printing: Research on how 3D printing will change the future of logistics is still going on, but from what we can see, 3D printing is all set to shape the future of manufacturing. Faster production, precise product manufacturing, lesser risk of errors, and innovation potential are a few specialties of 3D printing.
- Autonomous Driving: One of the biggest changes in the logistics industry will be brought by autonomous driving. It will change the way the product is delivered.
- Robotics: The industrial demand for robots is expected to grow by 25% in the next few years. The fact that these man-made machines have the power to perform human tasks more efficiently has made them the most useful tools for all operations. It’s only a matter of time before they become part of the logistics industry.
- Sustainability: Customers and the government are focusing more on sustainable products, as the increase in the level of pollution due to emission has become the biggest concern of people. Now, the goal is to create sustainable transportation strategies to reduce the carbon footprint and lower greenhouse gasses.
- Servitization: Germany became the first country to promote the hybrid model where customers not only buy the products but the services associated with this product. This new shopping pattern will transform the customer-business model in the future. It will also have a big impact on the logistics sector.
- Information Society: the volume of data produced and stored every day is growing at a rapid pace. This raw data will be used by the logistics sector to develop better transportation plans so that customers can get their deliveries as quickly and safely as possible. The purpose of storing this data is to identify logistics patterns.
- Diversification: Diversification in small and large companies has become another big trend that will affect the logistics industry in the future. With heterogeneous workforces, things are getting pretty difficult for the management teams. The next biggest challenge for the logistics industry is to master this diversity.
These were the eight trends that have affected nearly every industry. They are also expected to have a big impact on the logistics sector in the coming years.