Top Signs Your Logistics Technology Isn’t Meeting Your Business Needs
Logistics industry is critical for the economic growth of countries as it connects multiple elements of the economy and consists of warehousing, transportation and other supply chain solutions ranging from the suppliers to the end customers. The logistics industry is expected to grow sustainably across the globe in the next few years. For example, the logistics market of Australia was valued at USD 81.28 billion in 2021, and it is forecasted to reach USD 114.32 billion by 2027.
Recent years have seen a great advancement in the logistics industry in the areas like augmented and artificial intelligence, automation, analytics, and supply chain integration, to just name a few. These technologies are evolving faster than ever while startups with even advanced solutions and innovations continue to emerge at a rapid rate. However, attached to these innovations are the new standards and expectations, forcing the logistics companies to either adapt or fall behind.
Source: https://www.ramco.com/blog/log....istics/top-signs-you
