The swirling cauldron of changes brought in by technological innovations makes giant waves in the logistics sector every day. Recent years are evidence of the massive progression seen in the logistics industries in incorporating advanced technologies like AI, augmented intelligence, advanced analytics, or handling the enormous volumes of data generated through machine learning algorithms. The smart integration of AI solutions helps logistics firms in intelligent transportation, route planning, and demand planning of their operations. From last-mile delivery robots and sustainability to warehouse automated picking systems and prediction optimization software, AI is already making a significant difference to the logistics industries. Augmented intelligence, combined with human intelligence and AI processes, adds flexibility and removes repetitive work processes from logistics operations. Precisely, transforming traditional systems with advanced digital technologies has resulted in a considerable reduction in procurement and supply chain costs while boosting the overall revenues.
Predominantly, the use of big data and data analytics allows stakeholders in the logistics paradigm to anticipate busy periods, potential future supply shortages, and thereby, providing them valuable insights to make informed purchase decisions. Besides, the proliferation of third-party logistics (3PL) and fifth-party logistics (5PL) are accelerating the broad-range end-to-end transport and providing e-business links to achieve minimum cost targets, respectively. To that end, the rising integration of drones has optimized reliability and made same-day delivery possible in rural and urban areas.
In order to assist the companies in the logistics realm in shoring up their capabilities, we have compiled this issue of CIO Applications. In this edition, we have listed the top 10 logistics technology solution providers and top 10 logistics technology consulting/service companies to highlight the companies that can help you escalate your chances of success. Equipped with innovative technological capabilities, these enlisted logistics solution providers and consulting/ service companies are transforming the supply chain and logistics landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the logistics sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of CIO Applications helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.
We present to you CIO Applications’ “Top 10 Logistics Technology Consulting/Service Companies-2020.”