Logistics is the key to a successful business as it enables any firm to serve the end product to customers. Modern logistics software management has been phenomenal for worldwide fleet movements and cross-continent deliveries. Especially the current situation of COVID-19 is pushing innovations in logistics to a higher level.
Take an example of the popular Pfizer vaccine for COVID-19, which needs to be maintained at lower temperatures. Now, suppose you want to deliver ses of this vaccine into a hot and humid country like India. In that case, the temperature monitoring all along the delivery route becomes paramount, and that is where modern logistics technologies can come in handy.
The global digital logistics market will grow at a compound annual growth rate of 21.7% between 2020-25. The revenue of the market is set to rise to $46.5 billion by 2025. With the pandemic, the logistics industry is under enormous pressure to deliver daily essentials and healthcare products in virus contracted parts of the world.
With the enhanced logistics software solutions, fleet monitoring, seamless communications, revenue management, and supply chain management become efficient and flexible.
So, let’s check out the innovative trends in the logistics industry that will dominate 2021 and beyond.