Ongoing Logistics Trends in 2019
The year 2018 witnessed a market that made reiterated upon the fact that consumer the king. Focusing on amplifying customer satisfaction and reducing the product transmission cycle implied that organizations invest dearly in making their supply chains more efficient and transparent.
However, with the pressure of not passing down the extra logistics costs among the end-consumer, companies also tried to curtail on the logistics costs involved along with it. With organizations having such purposeful choices, here are the logistics trends to expect in 2019:
Increase In Supply Chain Visibility
Supply chain visibility is the adoption of tracking and supervising mechanisms to boost clarity and advocate rectitude throughout the supply chain as a whole. The movement towards an increase in supply chain visibility stems from the need to alleviate clashing corporate interests as well as a rise in consumer demand for greater transparency.
Modern AI-based solutions provide actual-time tracking of fleet and workforce from the first mile to long haul till the last mile. It allows businesses to evaluate the entire supply chain operations using heat maps, trend lines and planned vs. actual SLA comparisons.
Historical Data-Based Planning Will Shorten Delivery Cycles
It’s common for logistic companies to hold a pile of data. Those who decipher this potential gold mine gains critical insights into their operations, which in turn helps in increasing efficiency and cutting down on logistics costs.
After considering numerous real-life constraints and existing historical data like traffic, shipment volume, shipment type, vehicle type, stop durations, delivery etc, and logistics companies devise automated delivery routes.
With last-mile deliveries becoming the differentiating factor, logistics companies in 2019 are focusing more and more on automated optimal routes that minimize human dependency and increase efficiency in the supply chain.
Omnichannel Supply Chains Will Become Standard
2019 will witness more supply chains to pursue omnichannel strategies, eradicating inconsistencies and inequivalent systems and creating a cohesive, shopping experience for consumers. In the tracking of removing unnecessary components from the supply chain and shortening the product delivery cycle, more and more retailers will savor up their omnichannel game.
As e-commerce companies continue to grow, in 2019 retailers will feel the pressure and shift to omnichannel medium from their traditional distribution models.
The Emergence Of Elastic Logistics
Elastic logistics is an advanced concept in the logistics environment. It refers to the ability to expand and wither logistics capabilities to adjust with the demands of any given situation within a logistics operation.
Flexible cloud-based solutions for supply chain integration and visibility help e-commerce logistics companies adjust to market fluctuations. Elastic logistics helps companies to deliver on time while keeping their costs low– despite the rise in demand.
Moving from B2B to B2B2C
With the growth of e-commerce, consumers have been used to being continuously informed about the movement of goods, even with the possibility of changing the destination while the product is in transit.
These experiences –magnified by the incursion of new, young talent into businesses – lead to new requirements also in B2B logistics operations. B2B2C is the hottest new business model trend IN 2019, where transparency, flexibility, sustainability, and efficiency go hand in hand. E-Commerce logistics company in Singapore have adopted all the new trends of 2019 and is heading towards providing the perfect customer service while keeping their costs at bay.
When identifying key trends in logistics in 2019, one truth is profusely clear: digital is in full swing.
As advances in transportation and logistics technologies continue to evolve, inventive supply chain leaders grasp these options and move their operations to the cloud, in open logistics networks. Doing so, e-commerce logistics companies in Singapore meet and exceed the expectations of their customers and improve their position in the marketplace as well