August - 2023 19logisticstechoutlook.comlimited accountability and a led to a very disjointed network. My team performed a strategic supply chain assessment project, quickly building a logistics strategy and implementation plan that solved the manufacturer's issues with short- and long-term obtainable solutions. The project unlocked $2M+ savings within the first year, with the potential for $17M+ more savings over a five-year period.What are some of the technological trends which excite you for the future of the Logistic Industry?Technology is skyrocketing in the logistics industry as organizations learn how they can leverage it to optimize their operations. There are a few trends in particular that I am looking forward to.· Artificial intelligence technology and advanced data analytics. This technology will help organizations with predictability and agility when responding to the ever-changing industry demands.· Sustainable solutions ­ I expect there to be an increase in the use of technology for improving performance, tracking and visibility of sustainability metrics and more.· Digital freight matching ­ This technology improves capacity utilization and shipper transportation efficiencies and lowers freight spend.· Evolution of transportation management systems (TMS). TMS will continue to evolve to support the above functionality.· Automation and robotics ­ Automation improves warehouse management efficiency in keeping up with high demand products and improved freight fulfillment to consumers. Technology is skyrocketing in the logistics industry as organizations learn how they can leverage it to optimize their operations
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