Top things to look out for in 2016
18 January 2016
What to watch out for this year in logistics
2016 looks like it will be an exciting year in the world of logistics and we realise that it can be difficult to keep your finger on the pulse with what's happening and what's coming up - so we've taken a look at the hottest topics and captured them here.
Our research predicts that the following areas will create a lot of interest this year, but are all of them going to have an impact on you?
Internet of things
One article we found estimated that the number of web-connected devices will reach 25 billion by 2020, all of which is predicted to have a huge impact on the design of supply chains and day-to-day operations. Logistics is a industry on the move and those who manage it are no different. More so than ever, real time information at the tip of your fingers is a must-have, not a nice-to-have.
The definition of IoT is the network of physical objects, devices, vehicles and other items embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data.
A lot was written about drones in 2015 and this is likely to continue in 2016. A long way from mass use and still seen as a nice piece of PR, there are one or two names leading the way with drone integration and testing.
There are many different and clever ways in which drones could potentially be utilised, but when it comes to using them as a core channel for deliveries, we are still very much in the experimental stage.
This links into real-time demand management, forecasting and customer driven logistics to provide information that can be reviewed to determine where improvements can be made i.e. optimising routes and accessing the information online if stored on a cloud based platform.
There may also be a trend towards sharing downstream data analysis with customers, which will become more valuable as technology adapts and becomes more sophisticated.
The trick here is knowing exactly what information you and your customers need and how best to use it.
Decentralised Omni Channel Fulfilment
Our investigations suggest that the growth of e-commerce has created an incentive to have smaller and more numerous distribution centres nearer to city centres.
Whilst this might work for some of the big players in retail, it isn't necessarily going to be part of the right solution for every business. And as anybody who has looked can tell you, warehouses aren't in abundance so you have to know the market well.
The Transatlantic Trade & Investment Partnership is a trade and investment agreement, which the European Union (EU) is negotiating with the United States - the UK's biggest export market.
This is certainly a topic which could have a direct impact on your business. Our Head of Client Operations, Tim Deniz has shared the latest on TTIP in one of our blogs. Click here to read more.
We'll keep you up to date with the latest developments in logistics, but if you would like to discuss how these or other changes may impact your business then do get in touch.
Our team are happy to help or suggest ways to manage, minimise or make the most of changes in logistics within your industry.
If you'd like to talk us about your plans for 2016, you can call us on 01795 413 602 or fill in our quick form and we'll call you.