The Covid pandemic upset global logistics in a fascinating, provocative way. Logistics and supply chain executives have found that, beginning with the disarray of Covid, customers needed more and more data on where their shipments were, along with real-time information on deliveries so they could plan more efficiently, reported Bloomberg.
Global C-suite management took note, leading to innovation in logistics, where – from inventory management to manufacturing to transport to a grocery store shelf – everything is automated and tracked. It is not a craze – private financiers and venture capitalists have been investing $9 billion a quarter into logistics technology companies since late 2020.
The future of logistics is in software, artificial intelligence and automation. More than 60 innovative, high tech logistics firms have been founded in the past 18 months. This is real. Make certain your logistics are in synch with the 21st century.