During 2024, more efficient logistics will be shaped
In the field of logistics and transportation, cost optimization and efficient supplier management practices become even more important for the success of companies.
Innovation in 2024 will lead the way to more efficient logistics, highlighting the latest trends and technologies that are transforming operations, reducing costs and improving efficiency in product delivery.
In this sense, Expense Reduction Analysts, ERA, a consulting firm specialized in cost optimization and supplier management, highlights five trends or innovations that will be necessary to achieve more efficient logistics this year.
Data monitoring and analysis: technologies to track and analyze data related to transportation and logistics allow you to identify patterns, anticipate problems and make informed decisions to optimize routes, reduce delivery times and, ultimately, reduce operating costs.
Emerging technologies: Fleet management has undergone a revolution thanks to technologies such as the Internet of Things (IoT), advanced sensors and real-time tracking systems. These advancements enable full visibility into vehicle locations, charging status, and driver performance.
Constant communication: Good logistics requires collaboration between different actors in the supply chain, including suppliers, manufacturers, shippers and retailers. Digital platforms and collaborative management systems facilitate communication and coordination between these agents.
Strategic Supplier Management: Companies are adopting advanced practices to identify strategic partners, continually evaluate performance, and negotiate mutually beneficial deals.
Sustainability: Incorporating electric vehicles, planning routes to minimize emissions and reducing unnecessary packaging are just a few examples of how companies are integrating sustainability into their logistics operations, while reducing long-term costs.