All the Industries across the world have been facing supply chain disruptions and many problems over the past two years due to the corona pandemic and the logistics industry is one of the industries that has gone through huge disruption. But this sector is currently recovering its processes to normal mode and identifying different ways to eliminate risk, reduce errors, improve flexibility, tackle labour shortages, etc. to maintain profit margins, productivity, efficiency, and gain a competitive advantage as well demand-supply market trends. The global transportation industry is predicted to grow at a CAGR (Compound annual growth rate) of 3.4% ($7.8 trillion) in 2027.
So today in this post, we will briefly describe to you the major trends in the transport industry and an idea of what’s coming this year.
Use Logistics Management ERP Software
The most useful trends for the transport industry are to use ERP software because it helps to manage the transport business properly and also helps in increasing productivity and profitability. If you use ERP software to manage logistics projects then your business grows immediately.
ERP software manages your fleets from different locations, consignments, vehicles, and drivers. Additionally, integrated system, with automated email/SMS notifications, WhatsApp integration, e-way bill, GSTIN, tracking vehicle location during transportation, and much more in one central database or a single dashboard and you can access all these functions with one click.
Supply chain Visibility
In recent years, the e-commerce industry has grown exponentially and giants like Amazon, Flipkart, Reliance, etc. have ensured that customers get their required essentials at the home directly with their phones. With this trend supply chain provides complete transparency in the supply chain. Such a high level of real-time visibility and access to data from all other integrated systems is a huge advantage for a transportation company. This will allow transportation managers to identify and act quickly and effectively at any given opportunity to resolve issues on ongoing delivery.
Real-time shipment tracking
Vehicle tracking is a good idea for transport companies but vehicle or shipment tracking is always challenging in the logistics industry. But now this trend is very useful for this industry. With the help of advanced Logistics Management ERP Software or system, you can track your vehicles with real-time tracking facilities and allows the management team to enable a GPS tracking system on the ongoing shipment process and take necessary action in case of any variation. It helps businesses to eliminate risk, reduce errors, improve flexibility, and unnecessary time, and improve the efficiency of work.
Without logistics, no sector of activity can develop normally. So, this trend is very important for logistics businesses, today we got to know the 2022 trends. If you like our post then share it with your friends.