Last Mile Logistics
More consumers want faster, free delivery options from shippers. While new technologies, like drone delivery, big data analytics and the Internet of things (IoT) push the boundaries of traditional last mile delivery logistics, growing complexity continues to puzzle shippers.
In addition, up to 30 percent of consumers are willing to pay premium prices on shipping for same-day and instant delivery, reports McKinsey & Company. However, growing demand for an omnichannel shopping experience, reflecting a seamless integration across multiple shopping channels, will require shippers rethink traditional last mile delivery logistics and understand how to address its complex pain points.
Omnichannel Takes the Supply Chain To The Next level
How technology in logistics grew throughout 2016 is not limited to the technology that delivers products or enables better, faster picking processes. Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions.
Many of these advancements were expected to bring substantial investment into supply chains, and they did just that.