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2019-11-22 Browse: 2192
4 min read
It feels nice to wake up with a steaming cup of Colombian coffee or start the day with a healthy mango from India, before cycling off to work. These are just two simple examples of how logistics impacts our lives and gives us a wide variety of choices every day.
In fact, the Netherlands was ranked as the most logistically connected country in the world according to the DHL Global Connectedness Index (GCI) 2018.
Not only that, it also has long been a primary gateway between Europe and the rest of the world.
But its position is threatened by the explosive speed of tech development.
1. Global competition
2. Tech, born to automate
3. Headache for logistics
4. Ticket to salvation
The flows of goods flourish worldwide. Forecasts by Statista show that Dutch transportation and logistics (T&L) industry is to report a 2% year-on-year growth in 2019, while the global market would reach compound annual growth rate (CAGR) of around 7% by 2022.
The rising demand and technological complexity lead to pressing challenges for providing efficiency in T&L services.
Source: PwC report
However, some companies are still reluctant to follow technology trends and often persist to do tasks manually, with spreadsheets unrolling like an endless carpet.
In fact, German digital association Bitkom in a recent survey found that 4 out of 5 companies, operating in transportation of goods, see digitization as the most prominent challenge in T&L industry.
As the technological pressure increases, companies must find solutions for becoming more efficient. Or dwindle away trying.
“We can trust machines to take care of the routine tasks and focus on the big picture, while saving the rarest of resources—Time.”
Jacky Lu, Founder at TaurusSoft B.V.
Tech, born to automate
A way out can be found close at hand. To tackle the ever-growing pressure, companies can (and should) invest more time and resources in developing technological competencies. One of these is known as robotic process automation or RPA.
In general, automation is achieved through the application of specific software. for example logistics software, which mimics repetitive actions done by humans, and ensures less human intervention and time-to-deliver.
According to another report by PwC, the benefits of automation include lower costs and improved efficiency.
Getting rid of the frustrating errors and excess time consumption is already a huge success.
Infographic produced, using information from Forbes Technology Council article
Want to know more about robotic process automation in logistics? Click here to get a free whitepaper!
Headache for logistics
While Excel is one of the most widely used software solutions in logistics for data storage and processing, it is not exactly the most efficient one.
The same could be said about manually handling documents of all types.
Whether you are dealing with incoming logistics documentation like notifications of arrival (NoA), reading and printing orders or keeping a warehouse in check, these activities gradually take up a significant amount of your time, which could be directed towards more strategic tasks.
Ticket to salvation
The solution hides in the binary: 1s and 0s. Robotic process automation, as well as other tech and software can help to ease that everyday bustle, opening opportunities for increased operational efficiency, scaling up a business and reaping profits.
But is it the only and final way?
We don't think so, as new innovations are rolling off the silicon conveyor belt non-stop.