Freight and logistics managers and team members need to track and monitor several trends to ensure they are keeping up with the latest tools and resources available. Using a transportation management system (TMS) and freight management remains one of the most critical trends that managers and shippers can monitor in the new year. But don’t take our word for it. Consider this. According to Supply Chain 24/7, “Leading transportation management trends are simple. They range from more technology in freight management through a shift toward outsourcing-preferred management methodologies. As the freight market continues to change throughout the coming year, shippers need to implement the technologies and processes that promote efficiency, productivity, and savings.” When it comes to logistics management within the industry, there are several significant trends to watch. Here are five of the most important things to watch for and what to do about them.
1. More Substantial Automation and AI Systems Are Going to be Essential
Automation has been influential in many industries for over a decade and has even been seen with freight management. The sustained success within supply chains and their ability to adapt to customer needs are directly related to how easily companies embrace automation and artificial intelligence technology. Automation and analytics in the supply chain industry make it easier for networks to remain effective, consistent, profitable, and successful. And the application of artificial intelligence (AI), whether through chatbots or additional virtual applications, will be core to success.