How the Logistics Industry is Undergoing a Complete Transformation Due to Technological Revolution?

Considered to be the world’s oldest industry, the logistics industry is currently undergoing some never-before changes due to the technological revolution. Over the years, the devisal of new tools and technologies has given a complete facelift to this industry. Gone are the days when the national or international shipment tracking used to be a Herculean task, involving a lot of manual labor to offer only some makeshift results.

More Safe, Efficient, and Productive

Today, each aspect associated with the logistic industry is experiencing complete automation backed by high-speed internet, IoT, cloud-based solutions, and internet-enabled devices. The new-age solutions for international shipment tracking and evaluating container delivery time have eased not only import and export business operations but also increased the overall safety, efficiency, and productivity. 

Augmented Reality

Augmented reality (AR) has proved to be a boon for the global logistics industry. With the implementation of Augmented Reality (AR) in the logistics operations, shippers can:

●       Do better cargo planning with complete optimization

●       Take better care of the inspection and maintenance-related issues

●       Establish improved connectivity among the national and global teams

●       Easily enlighten people who are alien to the logistics industry. 

RFID Technology 

Facing squeezed margins and ever-rising costs, the shipping companies always keep looking for effective and efficient ways to improve their operations and supply chain management. Today, in a globalized business environment, robust inventory and transportation management can go a long way in ensuring better margins and reducing operational costs. RFID-based national and international shipment tracking solutions help shipping companies uniquely tag each of their containers for real-time tracking. These intelligent RFID chips are embedded into the vessels at the time of loading enabling them to accurately pinpoint the real-time locations of their containers.

Report Generation

Industry experts are of the view that businesses that are comprehensively analyzed from time to time have more chances of success. Using modern national and international shipment tracking solutions, the shippers can have easier and quicker access to:

●       Detailed analytics reports generated by the system 

●       Benchmarks in the supply chain

●       Performance benchmarking reports

●       Detailed analyses of the dwell time of Ports, CFSs, ICDs, and container delivery time

●       Operational inefficiencies and issues related to compliances

●       Congestion analysis reports

●       Road/rail congestion and congestion nearby Ports, CFSs and ICDs. 

With details related to all the business areas at hand, the shippers can do the needful accordingly by taking well-informed decisions. Apart from it, “end-to-end” visibility and proactive alerts enable shippers to manage and improve the supply chains better. 

Concluding Remarks 

Be it national and international shipment tracking or evaluating container delivery time, the new-age container tracking has completely transformed the global logistics industry. In India, Logistics Databank System (LDB) has proved to be a game-changer in the logistics industry. The system integrates the information from different agencies and provides detailed near real-time visibility of EXIM container movement through a single dashboard. NICDC Logistics Data Services-NLDS recently extended its services to Nepal and Bangladesh after the consent of the Land Port Authority of India (LPAI) to install the RFID readers at Integrated Check Posts (ICPs) at India-Nepal and India-Bangladesh border.