Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    IT Services

    Marine Tech

    Networking

    PropTech

    Remote Work

    Robotics

    Scheduling Software

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Construction

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Collaboration

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Contract Management

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Product Management

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • Logistics
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Logistics
    Editor's Pick (1 - 4 of 8)
    left
    Finding the Right Balance

    Alison Dack, Vice President, Information Technology And Chief Information Officer, Asia Pacific, Fedex Express

    Disruptive Logistics is the New Norm

    Howard Kwong, Chief Technology Officer, Delivery Republic

    Key to Successful e-Commerce Logistics: Innovation

    Ramesh Narayanaswamy, CIO, SingPost

    SDN: the Phoenix or a Dodo?

    Mark Baker, CIO, JAS Worldwide Management

    Incorporating EDI To Better Address The Customers And Vendors

    Ron Olster, Chief Information Officer, Econocaribe Consolidators.

    5 Steps Every CIO Should be Taking Toward the Cloud

    Lee Congdon, CIO, Red Hat

    A New Approach to Logistics and Transportation through the Reverse Supply Chain

    Leo Casusol, CIO, Liquidity Services

    Global Supply Chain Management System for Better Visibility

    Anthony DeCanti, Chief Information Officer & SVP, UniGroup

    right

    Five Logistics Trends to Look Forward to in 2018

    By Dhruvil Sanghvi, CEO, LogiNext

    Tweet
    content-image

    Dhruvil Sanghvi, CEO, LogiNext

    Abstract

    The year 2017 has been exceedingly good in terms of logistics innovation. We saw logistics management take center stage in many high-profile shopping extravaganzas such as Singles’ Day, Black Friday, Big Billion, etc. We saw last mile delivery being used as the key input in all omnichannel strategies. We also saw localization in distribution strategies centered around making last mile delivery more effective. We saw the transport industry open up to ‘freight-as-a-service’ where full-truck load shipments were optimized for route, time, and capacity, giving the service providers (and the companies availing the service) effective economies of scale. We also saw machine learning being, not just talked about, but also implemented successfully in logistics and field workforce planning.

    These trends would be the greatest influencers in 2018 for logistics and field workforce management.

    Omnichannel Integration to Spike with Smart Stores

    Smart stores will be coming up in a big way in 2018. Multiple stores under a brand would be interconnected among themselves and interlinked with the website. Consider the situation where you are ordering a printer online. The brand promises to deliver it in a day. Behind the scenes, the model would be checked along the available inventory in the stores. If the nearest store (Store A) doesn’t have the item, the order would be sourced from the next-nearest store (Store B). The order would be processed at Store A, bought in from Store B (on the same day of order placement), and then added to the delivery schedule on the next day for Store A.

    Alternatively, the order can be processed at Store B and added to their delivery schedule depending on the distance between that store and the destination. In this situation, the route taken would be optimized to include this new delivery while maintaining the ETAs of all other deliveries scheduled at Store B.

    Either way, the customer would receive the order on-time as promised. The technology behind enabling the omnichannel strategies for retail and e-commerce is executed in three steps:

    • schedule planning and order allocation

    • delivery route optimization and real-time tracking

    • electronic proof of delivery and feedback capture

    Companies would use cloud-based optimization to better manage their omnichannel strategies. LogiNext is currently enabling the omnichannel integrations for companies such as Al-Futtaim and Landmark in the middle east. These companies would then join the global omnichannel bandwagon with other stalwarts such as Walmart, Amazon, Alibaba, JDA, Lazada, etc. The year 2018 would see many more companies turn omnichannel using cloud-based last mile delivery optimization as a leveler.

    Growth of the New Last Mile Infrastructure

    There is an uptrend in last mile delivery management which deals with localization of distribution. The idea is to leverage pre-existing last mile distribution infrastructures and optimizing them through technology. The recent Singles’ Day saw the State Post Bureau partner with Alibaba to ensure same day deliveries. It has proven time and again that effective last mile deliveries push e-commerce and retail sales. With omnichannel strategies spreading, last mile delivery management is the key factor which would shape the new marketplace.

    The upcoming logistics trends would be either influenced or centered on technology, especially cloud-based technology

    New last mile infrastructure is about doing more with less. Our resources in terms of vehicles and delivery personnel are limited and would not scale as fast as the demand grows. Cloud-based optimization is the load-balancing platform which would help logistics and supply chain companies satisfy the fluctuations in demand through better planning and scheduling of orders and parcels.

    Many retail and e-commerce companies are vertically integrating with logistics partners to streamline their last mile deliveries. Late in the year, Target acquired Shipt for the same reason. Shipt is a fresh-food delivery aggregator which has more than 21,000 drivers optimized for on-demand deliveries. Shipt will boost Target’s same-day delivery capabilities. Target had previously acquired Grand Junction for the same reason. Localized ground-level intelligence would show more such acquisitions and consolidations soon.

    Orders Returns to be a Necessity Feature

    Parcel returns were a luxury not a few years back, but 2018 would see returns become a necessary feature for all retail and e-commerce companies. Returns add the assurance of post-sales service and make it easier for customers to fulfill their buying decision. While returns become a necessary feature, the feasibility of reverse logistics would have to be simultaneously improved. Promising quick and east returns is one thing, executing them on the ground is another.

    Here again, cloud-based optimization would be the driving force. Dynamic schedule planning can allocate pick-up requests to the delivery personnel nearest to the return’s origin point. The delivery person can pick-up the returned parcel directly from the home of the customer and drop it back at the hub. These reverse logistics processes can function in parallel to the last mile delivery schedules. The balancing between both schedules would be done through dynamic route optimization where an algorithm suggests the ideal sequence and pick-ups and deliveries to be done to ensure maximum efficiency.

    In a nutshell, reverse logistics market is going to get a huge uplift through the growth in returns.

    Growth of Freight-as-a-Service Markets

    Freight management industry is an upswing across the world. However, due to resource constraints such as shortage of skilled drivers, or road-infrastructure bottlenecks, the freight management industry would adopt more technology-backed optimization in the near future.

    A key segment that would see more growth is the Freight-as-a-Service (FaaS). Aggregated shipments give these companies the economies of scale which can be passed back to the clients in terms of competitive freight rates. Specialized FaaS companies would be better equipped to localized and skilled drivers leading to more efficient freight movement.

    This is not to say that companies would not prefer to use their own fleets for their shipments. They would just be more comfortable than before regarding partnering with FaaS companies.

    Logistics Application of Machine Learning

    As we have seen in some of the above points, the upcoming trends would be either influenced or centered on technology, especially cloud-based technology. With internet penetration increasing across all major countries, manufactures, logistics partners, retailers, and customers are all much better connected than before. This interlinking of communication and visibility of operations is best orchestrated through cloud-based optimization technology.

    When you look into this technology you would find the most beneficial applications of machine learning. Machine learning has been talked about for years, but right now we are at the juncture of realizing its potential. The year 2018 would see more and more applications of machine learning.

    For each of the above-mentioned cases, machine learning backed algorithms could make the processes much more optimized. For FaaS providers, machine learning would streamline their delivery points to maximize their carrying capacity while complying with all service level agreements with their clients. For the returns market, machine learning would optimize the address locating mechanism to ensure that the delivery personnel doesn’t waste time in locating new pick-up points. Within the new last mile infrastructure and the omnichannel shift for companies, the applications of machine learning are more profound. Machine learning would power the smart stores and the connected last mile infrastructure to enable faster deliveries and better customer interactions.

    The future holds bright for logistics, and next year would embrace more than we ever did before. The tech adoption rates would sour, and customer-centered logistics and supply chain movement would become a priority for many companies. It’s time to realize this future, now.

    tag

    Machine Learning

    inventory

    Workforce Management

    Weekly Brief

    loading

    Featured Vendor

    • Quincus: Improving User Experience through Complete Visibility
      Quincus: Improving User Experience through Complete Visibility
    Top 10 Logistics Technology Solutions Companies - 2019
    ON THE DECK

    Content Management System 2020

    Top Vendors

    Contactless Payments 2020

    Top Vendors

    Admired Tech 2020

    Top Vendors

    Corporate Finance 2020

    Top Vendors

    AI 2020

    Top Vendors

    Travel and Hospitality 2020

    Top Vendors

    Startup 2020

    Top Vendors

    Networking 2020

    Top Vendors

    FinTech 2020

    Top Vendors

    CRM 2020

    Top Vendors

    Scheduling Software 2020

    Top Vendors

    Education 2020

    Top Vendors

    Business Intelligence 2020

    Top Vendors

    PropTech 2020

    Top Vendors

    Salesforce 2020

    Top Vendors

    Big Data 2020

    Top Vendors

    Simulation 2020

    Top Vendors

    Product Management 2020

    Top Vendors

    Legal 2020

    Top Vendors

    Remote Work 2020

    Top Vendors

    Cryptocurrency 2020

    Top Vendors

    CEM 2020

    Top Vendors

    Insurance 2020

    Top Vendors

    Data Center 2020

    Top Vendors

    Banking 2020

    Top Vendors

    RegTech 2020

    Top Vendors

    Wireless 2020

    Top Vendors

    Procurement 2020

    Top Vendors

    Cognitive 2020

    Top Vendors

    Drone 2020

    Top Vendors

    HR Technology 2020

    Top Vendors

    HPC 2020

    Top Vendors

    Pharma and Life Science 2020

    Top Vendors

    SAP 2020

    Top Vendors

    Food and Beverages 2020

    Top Vendors

    Cloud 2020

    Top Vendors

    Blockchain 2020

    Top Vendors

    Cloud 2020

    Top Vendors

    Logistics 2020

    Top Vendors

    Augmented Reality 2020

    Top Vendors

    Contact Center 2020

    Top Vendors

    Oracle 2020

    Top Vendors

    Cyber Security 2020

    Top Vendors

    E-Commerce 2020

    Top Vendors

    Compliance 2020

    Top Vendors

    Enterprise Architecture 2020

    Top Vendors

    Digital Transformation 2020

    Top Vendors

    Manufacturing 2020

    Top Vendors

    Agile 2020

    Top Vendors

    CISCO 2020

    Top Vendors

    Field Service 2020

    Top Vendors

    Contact Center 2020

    Top Vendors

    IoT 2020

    Top Vendors

    Microsoft 2020

    Top Vendors

    Retail 2020

    Top Vendors

    Aviation 2020

    Top Vendors

    Healthcare 2020

    Top Vendors

    IT Service Management 2020

    Top Vendors

    Top Vendors

    Big Data 2019

    Top Vendors

    Digital Signage 2019

    Top Vendors

    Sales Tech 2019

    Top Vendors

    Startup 2019

    Top Vendors

    Salesforce 2019

    Top Vendors

    AI 2019

    Top Vendors

    Google 2019

    Top Vendors

    Smart City 2019

    Top Vendors

    FinTech 2019

    Top Vendors

    Admired Tech 2019

    Top Vendors

    Big Data 2019

    Top Vendors

    IT Services 2019

    Top Vendors

    Business Intelligence 2019

    Top Vendors

    Education 2019

    Top Vendors

    Project Management 2019

    Top Vendors

    Enterprise Asset Management 2019

    Top Vendors

    CRM 2019

    Top Vendors

    Data Center 2019

    Top Vendors

    PropTech 2019

    Top Vendors

    Capital Market 2019

    Top Vendors

    Travel and Hospitality 2019

    Top Vendors

    Legal 2019

    Top Vendors

    IT Infrastructure 2019

    Top Vendors

    Plastic Tech 2019

    Top Vendors

    Facility Management 2019

    Top Vendors

    Fleet Management 2019

    Top Vendors

    CEM 2019

    Top Vendors

    Sensor Tech 2019

    Top Vendors

    RegTech 2019

    Top Vendors

    Marine Tech 2019

    Top Vendors

    Collaboration 2019

    Top Vendors

    Software Testing 2019

    Top Vendors

    Facility Management 2019

    Top Vendors

    Automotive 2019

    Top Vendors

    Food and Beverages 2019

    Top Vendors

    Insurance 2019

    Top Vendors

    HPC 2019

    Top Vendors

    Wireless 2019

    Top Vendors

    Simulation 2019

    Top Vendors

    Corporate Finance 2019

    Top Vendors

    Drone 2019

    Top Vendors

    AI Healthcare 2019

    Top Vendors

    SAP 2019

    Top Vendors

    Procurement 2019

    Top Vendors

    Cyber Security 2019

    Top Vendors

    IBM 2019

    Top Vendors

    Construction 2019

    Top Vendors

    Logistics 2019

    Top Vendors

    Managed Services 2019

    Top Vendors

    Manufacturing 2019

    Top Vendors

    Media and Entertainment 2019

    Top Vendors

    Cloud 2019

    Top Vendors

    Banking 2019

    Top Vendors

    Agile 2019

    Top Vendors

    IT Service Management 2019

    Top Vendors

    Retail 2019

    Top Vendors

    HR Technology 2019

    Top Vendors

    Oracle 2019

    Top Vendors

    Cognitive 2019

    Top Vendors

    Compliance 2019

    Top Vendors

    Contact Center 2019

    Top Vendors

    Healthcare 2019

    Top Vendors

    Gov and Public 2019

    Top Vendors

    Microsoft 2019

    Top Vendors

    Pharma and Life Science 2019

    Top Vendors

    DevOps 2019

    Top Vendors

    E-Commerce 2019

    Top Vendors

    Blockchain 2019

    Top Vendors

    IoT 2019

    Top Vendors

    Metals and Mining 2019

    Top Vendors

    Gamification 2019

    Top Vendors

    Field Service 2019

    Top Vendors

    Augmented Reality 2019

    Top Vendors

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Pinpointing Weak Links in an Enterprise Security Chain: Helping Companies Battle Data and Content Security Challenges

    Pinpointing Weak Links in an Enterprise Security Chain: Helping Companies Battle Data and Content Security Challenges

    Hiro Imamura, SVP and GM, Business Imaging Solutions Group, Canon U.S.A. [NYSE:CAJ]
    Evolving Customer Relationship Management: Move Fast or Die Trying

    Evolving Customer Relationship Management: Move Fast or Die Trying

    Ed Ariel, Vice President of Service Operations, ezCater
    Importance of Customer Relationship Management Implementation

    Importance of Customer Relationship Management Implementation

    Drew Fredrick, Vice President, Home Building Technology, Clayton Homes
    How enterprise tech startups and corporates can collaborate for innovation

    How enterprise tech startups and corporates can collaborate for innovation

    Paul Santos, Managing Partner, Wavemaker Partners
    How an Initiative for Standardization and Modularization Leads to Cost Reduction, Increased Efficiency-and Better Teamwork

    How an Initiative for Standardization and Modularization Leads to Cost Reduction, Increased Efficiency-and Better Teamwork

    Faruk Bilgin, Global Director Manufacturing Engineering of Webasto Group
    Empowering the Retail Paradigm

    Empowering the Retail Paradigm

    Jason Williams, VP of Engineering, DICK’S Sporting Goods
    Fortifying the Retail Pardigm Amidst Uncertainities

    Fortifying the Retail Pardigm Amidst Uncertainities

    Vlad Yakubson, Head of Retail, yd.
    Journey from Intelligent Automation (IA) to Artificial Intelligence (AI)

    Journey from Intelligent Automation (IA) to Artificial Intelligence (AI)

    Sanjay Choubey, VP-IT, Briggs & Stratton
    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://logistics.apacciooutlook.com/cxoinsights/five-logistics-trends-to-look-forward-to-in-2018-nwid-4784.html