The world of logistics is undergoing some of the most profound transformations in its entire history under our eyes. We are watching old business practices dying out and new ones getting adopted. Since this is a fast-changing topic, it is time to discuss once again the most important logistics trends emerging right now.
The Logistic Packaging team examined several trends and selected those most likely to go mainstream and stay relevant in the near future. These are:
1. Supply Chain Visibility
Transparency and real-time tracking are the two crucial requirements for all stakeholders in the supply chain. These logistics trends result from several factors:
- The need to speed up the supply chain by identifying and removing bottlenecks
- The fight against product tampering and theft
- The customers’ demand for ethical sourcing and product traceability
- Legal requirements in highly-regulated industries (food, pharma, chemicals).
Returnable packages like plastic pallets and large foldable containers play an important role in increasing supply chain visibility. They can be customized with RFID chips, barcodes or QR codes, helping both the sender and the recipient monitor the shipment in transit.
2. Ecommerce Takes Over In-Store Shopping
At the present, online shopping is the primary option for retail customers. They feel that they save time and are more in control of their spending if they use mobile or web apps to do their shopping for every type of product, from electronics to groceries.
Thus, all companies involved in retail logistics, from producers to transporters and retailers, must adapt to the rules of ecommerce:
- Fast order picking
- Same day or next day delivery
- Handling product returns quickly and effectively.
In this new retail model, even the smallest bottleneck can derail the entire supply chain. As professional packaging producers working closely with clients, we know that this translates in financial and reputational loss.
Our mission is to help ecommerce retailers speed up their operations by offering them modern reusable plastic packages that integrate well with automated logistics systems and machines, such as:
- Automated loading/unloading systems
- Conveyor belt
- Robotic arms and other material handling equipment.
3. Digital Transformation
The future is digital in all industries. Both B2C and B2B activities take place online and most business software is hosted in the cloud. Every operation, from evaluating packaging needs to keeping track of loaded containers in transit, is recorded online and available to multiple stakeholders.
Digital literacy becomes a must at every level – from warehouse workers to purchasing and logistics managers.
At Logistic Packaging, we are early adopters of digitization and continue to adopt logistics trends that help us assist clients faster, more efficiently and more reliably.
4. Financial Resilience
Financial resilience is more than a trend – it is a basic requirement for viable businesses in these uncertain economic times. Some of the ways of building a financially resilient supply chain are building trusted long-term relationships with vendors and choosing local suppliers.
Preferred payment conditions and credit facilities among business partners of good standing credit are essential for the success of both companies and overcoming this challenging period.
However, this is possible in a business environment characterized by transparency, trust and open communication. While not necessarily logistics trends, these are the main qualities of resilient business relationships now and in the future.
5. Cybersecurity
We cannot talk about ecommerce and digitalized business operations without adequate protection against increasingly sophisticated cyberattacks. Hackers use AI, distributed ransomware networks and other methods to launch massive attacks.
And supply chains are among their prime targets. If we want to keep goods moving and bring them to customers on time and in good conditions, we must create a joint shield against these malicious actors.
Every stakeholder and participant in the supply chain must be responsible and accountable when it comes to cybersecurity. It takes one weak link to break the chain and allow hackers to infiltrate our business processes and cause incalculable damages.
As a key part of so many supply chains, Logistic Packaging is committed to adopting the most relevant and recent logistics trends. We are the strong link that helps you send your products safely to your clients and end customers. Send us an email to start discussing your packaging application with us!