5 Technologies to Change the Way 3PL Service Providers Conduct Business

5 Technologies to Change the Way 3PL Service Providers Conduct Business

Posted on September 8, 2016

Technology is shaping the way we conduct business and recent innovations in the field of technology are offering better services for every industry vertical. With the introduction of technology, it has become possible to deliver better services in shorter time spans and with more accuracy.

Logistics industry, which has always been an indispensable part of international trade and business is also being driven by such emerging technology. People have always looked for better ways to move the goods faster, more economically and in greater bulk, and latest technological innovations have been facilitating these. Here are the top 5 technologies which are changing the way 3PL service providers conduct business.

  1. 3D Printing is Shortening the Supply Chain

    While the concept of 3D printing is almost 3-4 decades old, but, its recent adoption by logistics industry will shorten the supply chain as well as increase revenue opportunities for the industry. By enabling the manufacturers to print on demand, it will shorten the supply chain and will eliminate the need to stock large quantities of finished products in the company warehouses. Also, logistics providers by offering 3D printing services at the point of delivery can also use it as an additional source of generating revenue.

  2. Increased Transit Visibility with IoT (Internet of Things)

    IoT, with its network of connected devices is anticipated to enhance the visibility in the overall transit process. Visibility is amongst the biggest problems for goods that are in transit, and by using technologies such as cloud-based GPS and IoT, this problem can be resolved to a greater extent. IoT leverages the RFID (Radio Frequency Identification) chips to interact with each other and provide information about the location, temperature, pressure, humidity and identification in reference to goods being transited.

  3. Increased Speed of Delivery with Drones

    Drones, which were until now only used in defense operations, would soon be leveraged by the logistics providers to enhance the speed of delivery of goods. Drones can reach any location much faster and deliver goods to even the remotest parts in an extremely fast way. This will not only enhance the delivery speed and accuracy, but will also help with logistics providers to save significant amount of money.

  4. Augmented Reality is Improving the Handling of Goods

    Augmented Reality, known for providing a realistic and an enhanced view of the real world with the help of computer generated sensory inputs is going to improve the way the goods are handled during transit. AR not only gives an enhanced view of the surroundings, but also makes you aware of the environmental elements around you such as temperature, humidity etc. Thus, using this information one can plan better handling of goods to ensure that they do not get damaged in any way.

  5. Driverless Vehicles are Going to Considerably Reduce the Cost of Transportation

    While the use of this technology is still in the trial phase, but once ready for practical applications, the driverless vehicles will prove as the boon for the logistics industry. The abilities to navigate with no human intervention and to sense the environment will make these futuristic delivery vehicles an excellent way to deliver goods faster, flawlessly and at considerably lower cost.

Flatworld Solutions proffers a comprehensive array of the best logistics services to its clients seeking reliability and technology driven services. By leveraging the advanced technologies, Flatworld Solutions ensure faster deliveries, accurate tracking and cost-efficient services. Feel free to contact us if you a looking for an efficacious provider of logistics services. You can share your queries or logistics requirements in the form of comment in the below given box and our executives will reach you with apt solutions.

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