Just yesterday we were talking about some of the new technologies coming thick and fast to the road transport industry, but we shouldn’t forget the big supply chain changes that are starting to happen.
Things like Uber Freight and drone deliveries are the cutting edge of the logistics industry and now a new report says disrupters like these are only going to grow, particularly in 2018.
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The report ‘Urban Logistics Opportunities—Last-Mile Innovation’ (available here) says the Logistics market is undergoing a major shift, with innovative solutions transforming the way goods and parcels are delivered.
The industry is witnessing an influx of tech-savvy start-up firms that are introducing new, unique, value-added services, which are disrupting the overall supply chain ecosystem.
The report also says the rise of start-up firms within the logistics industry for city deliveries parallels the growth of emerging technologies, such as cloud computing, crowd sourcing platforms and connected devices which are transforming the way deliveries are expected to be transported in the immediate future.
This change has forced service providers to deliver more customized solutions that address larger concerns within the industry.
Research suggests that two-fifths of the overall logistics cost is being spent on the last mile. This has resulted in logistics and transportation firms looking at technology and new business models as means to address the growing issue of the last mile.
With end consumers becoming more demanding, user experience and instant deliveries are taking greater precedence and are becoming critical factors, according to the study.
This means that same-day and last-mile deliveries will be key differentiators, as service providers will be obliged to provide more customized solutions to address such concerns.
But the tech is nothing to be afraid of, the report highlighting opportunities for business and individuals, particularly in the courier, express, and parcel market.
Innovative new business models such as click and collect, locker boxes, on-demand deliveries, and micro distribution are providing flexible options to end consumers which will allow them to collect deliveries at their convenience.
Stay up to date with all the latest road transport and logistics news at heavyvehicles.com.au through 2018.