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5 Logistic Innovations & Supply Chain Trends in 2021

5 Logistic Innovations & Supply Chain Trends in 2021

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Supply Chain Trends 2021

The future is always uncertain, but it may be more so than ever. A worldwide epidemic has reignited the supply-chain industry’s importance while simultaneously striking at its foundations and establishing new objectives and outlooks for years to come. 

Here are the trends to anticipate in 2021:

1. Last-Mile Delivery

The last mile is a crucial part of any supply chain. In the near future, it may also be among the most difficult to master. Delivering small batches or single units could become a logistical headache as more people shop online and delivery methods try to keep up. Companies that want to succeed must invest in a handful of options—or even all of them—to ensure they can meet end-customers’ needs and preferences.

2. Warehouse Management Systems

Machine learning has been a buzzword for years, but its potential applications in the warehouse may end up being among the most practical and valuable. Warehouse management systems (WMS), or software that helps to automate tasks and output reports, will use machine learning to better anticipate what products to store where, how frequently certain areas are used and other metrics. And, that will eventually help in enhancing this crucial step of the whole supply chain.

3. Introduction of Commercial Drones

In 2021, most businesses are adopting commercial drones for deliveries. Governments around the world will begin to set guidelines and regulations regarding how drones can be used in order to establish a clear route forward for the industry. Once the guidelines are evolved, these drones will  be used in a wide range of applications for government and commercial use, such as product pickup and deliveries.

4. Blockchain Usage

Blockchain will become much more common in supply chains. The technology is already seeing increased interest from manufacturers who see its potential to streamline business processes and transactions while ensuring accuracy and transparency throughout their respective systems. Blockchain has the power to help supply chains run more efficiently as a whole.

5. Continued Digitization of Supply Chains

In 2021, even those delivery and logistics businesses that have been slow to incorporate digital tools will adopt the ones they have been neglecting. There’s simply no way around it: digitization is here to stay, and logistics organizations will need to evolve with the times.

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