What are the importance of cold chain in logistics?
Why is the cold chain important? The cold chain ensures that perishable products are safe and of high quality at the point of consumption. Failing to keep product at the correct temperatures can result in textural degradation, discoloring, bruising, and microbial growth.
Why is technology important in logistics?
Improved technology has also increased productivity in the supply chain, minimizing costs and errors. These advances benefit all areas of the logistics industry: trucking transportation, international transportation (ocean and air), supply chain management, and shipment tracking.
What are the costs associated with logistics?
overall logistics costs into three key components: transportation costs, inventory carrying costs, and administration costs. Total transportation costs include costs for both primary and secondary transportation. Primary transportation is the movement of finished goods from plants and vendors to warehouses.
Can you use technology to improve logistics?
From last-mile delivery robots and sustainability solutions, to warehouse automated picking systems and predictive optimization software, AI is already making a huge difference in logistics. Shippers, carriers, suppliers, and consumers can all expect to benefit from these logistics technology trends continuing in 2021.
How technology is shaping the future of supply chain?
Right now, there is a greater push for making warehouses “smarter.” This includes using IoT and RFID for better transmission of data and avoiding any blindspots. Through geotagging and GPS, shipments can be tracked at all times. Moreover, the digitization of important documents makes the process faster and more secure.
What are the major trends in logistics?
8 Major Logistics Trends Shaping Logistics Management in 2022
- RFID.
- Omnichannel Shipping.
- The Big Promise of Big Data.
- Embedded Integration Technology.
- Globalization and Compliance.
- Integrated 3PL Services.
- Re-Optimized Service Lines.
- Embracing Modern Integration Technology.