Digital disruption continuously changes the way business is being done. Over the last few years, digitization has become more prominent in the logistics industry. The evolution of digital technology such as robotics, smart automation, the Internet of Everything (IoE), big data analysis, additive manufacturing and cloud computing will irreversibly transform logistics, supply chain and freight management operations. Freight management and logistics service providers are now trying to adapt to these trends to survive the disruption.
Since freight management is becoming the mainstay for every industry such as retail, e-commerce, consumer goods, and healthcare, businesses are aligning their strategies with respect to the ongoing and upcoming logistics trends, such as drones, artificial intelligence (AI) and machine learning algorithms that help drive freight management performance to the next level. Another trend that continues to gain prominence is the quest for security and transparency, which is fulfilled by the blockchain technology. The deployment of blockchain technology for freight management within the logistics industry eases storing and sharing of transactional data, alongside improving credibility with foolproof transactions.
Overall, the logistics industry is moving toward simplifying the most cumbersome processes by eliminating mundane and repetitive tasks to create a more effective organization while satisfying their customers’ needs. Truly, now it’s the right time for enterprises to consider using best-in-class freight management solutions for their business. To help CIOs zero in on the right fit freight management solution for their organizations, Logistics Tech Outlook presents the “Top 10 Freight Management Solution Providers - 2018.”