Top Logistics Trends of 2023
Supply chains were hugely disrupted after the pandemic. The need to evolve and react to changes has led to several developments in logistics market trends.
This article will look at some of the emerging technologies and what to expect from 2023 logistics trends.
Increased Transparency with Blockchain
Modern technologies like blockchain are making the supply chain more visible to customers and logistics managers. Blockchain provides products with a digital barcode which means that every item is traceable throughout the supply chain. It can help to build trust in both the supply chain and the company that customers order from. It is also incredibly easy to recall and track down problematic products and resolve supply chain issues. Greater visibility with blockchain can make individuals within a supply chain more accountable and efficient.
Enhanced Smart Technology
Smart technology within logistics refers to the use of Artificial Intelligence (AI) to automate daily tasks. This includes mapping out routes and matching shipping to freight services. AI helps provide real-time updates that increase efficiency and safety for logistics firms. Smart technology is one of the rising logistics market trends we expect to see more of in 2023. Saving time in the supply chain is also an efficient way of saving money at a time of rising fuel costs.
Better Fuel Efficiencies
The cost of fuel prices has necessitated better fuel efficiency. Recording fuel data and mileage can help understand how drivers use their fuel. Smart technology is also able to help with better route planning and journey tracking. In 2023, current trends in logistics indicate that drivers might be subject to an anti-idling policy. This means that drivers will be required to turn off their engines when they stop.
Sustainable Supply Chains
The world is definitely calling out for more sustainable supply chains in 2023. Transportation and logistics industry trends are leaning more towards greener vehicles and cleaner forms of energy usage.
Examples of sustainability in the supply chain include:
- Recyclable packaging for goods
- Using recovered plastics across the supply chain
- Better water management in the supply chain
- Only working with suppliers, haulage firms or manufacturers that are sustainable
- Making your routes shorter and more efficient
Sustainable supply chains use recyclable materials and follow strict sustainability partners. The more efficient the freight routes, the less fuel is used and expended on the road.
Portman Logistics already implement many sustainable ways of working, such as utilising satellite tracking in our logistics management. We use this in order to manage our vehicle in real-time and, therefore, in a more effective way. Speaking of vehicles, we also use Euro 6 trucks which comply with the London low emissions zone and monitor CO2 emissions, so we can make efficient adjustments where necessary.
Logistics Technology Trends
The increased pressures on the supply chain have led to a growth in AI route planning and more transparent supply chain management with blockchain. It has necessitated better fuel efficiency, and the use of sustainable supply chains to protect the impact on the planet.
Portman Logistics is committed to keeping on top of logistics industry trends, so we can remain efficient and up to date. Contact us today to work with a logistics company that will give you all the best 2023 logistics trends.