05/23/2023 | News release | Distributed by Public on 05/23/2023 08:29
The distribution industry has been around for quite a long time and can sometimes be slow to change. For those that may be resistant to change it is best to look at emerging technologies as tools you can use, like a forklift. You wouldn't think of trying to move pallets around a warehouse without using forklifts, yet some in our industry remain skeptical about new technology. Emerging technologies in the distribution industry are transforming the way goods are transported and delivered. These innovations are making distribution processes more efficient, cost-effective, and sustainable.
One of the more interesting emerging technologies in the distribution industry is drones for last-mile delivery. Drones are small aerial vehicles that can deliver packages directly to customers' doors. This technology has the potential to revolutionize the distribution industry by reducing the need for ground-based transportation and enabling faster, more efficient delivery.
Another emerging technology in the distribution industry is robotics and automation. Robotics and automation are being used to improve the efficiency and accuracy of warehouse operations, including the sorting and packaging of goods. Automation can perform the routine and mundane tasks your people would rather not do. The latest generations of warehouse robotics are designed to work collaboratively with people to make operations safer and more efficient. Reductions in movement and touches reduce injuries to your workforce and the risk of product damage. These touches and tasks can extend beyond the warehouse. Customer service, billing, and other routine rules-based tasks using structured data through robotic process automation (RPA) can also be improved. RPA mimics human keystrokes on a computer to perform these everyday tasks more efficiently with far fewer errors. Second, automation reduces the need for additional labor you are already struggling to recruit, hire and retain to continue to scale and grow your business. These technologies can help to reduce labor costs and improve the overall efficiency of the distribution process.
One of the most powerful emerging technologies in the distribution industry is the use of big data, analytics, and artificial intelligence (AI). By collecting and analyzing data on customer behavior, distribution companies can gain insights into the most efficient ways to transport and deliver goods. This information can help them to optimize routes and reduce the time and cost of distribution. Some potential ways in which these technologies can be used include:
In addition, the integration of the Internet of Things (IoT) is playing a vital role in the distribution industry. IoT technology enables distribution companies to monitor the condition and location of their goods in real time, providing them with valuable insights into the distribution process. This information can be used to optimize routes and improve the overall efficiency of the distribution process.
Blockchain is another technology that has the potential to transform the distribution industry in several ways. Here are a few examples of how it might be used:
Also, autonomous vehicles, such as self-driving trucks, can be used for the transportation of goods, reducing the need for human drivers and improving the efficiency of the distribution process.
During a recent conversation with Dirk Beveridge, founder of UnleashWD and Executive Producer of the We Supply America Tour, I asked Dirk, "Why do you think it is important for distributors to embrace and adopt emerging technologies?" Dirk replied, "To stay ahead in today's ever-changing world, it is vital to keep an eye on the evolving needs and wants of your customers. Buying habits are rapidly shifting as new technologies offer a higher level of convenience or personalization. Additionally, keeping up with employee expectations will ensure their satisfaction too; inventing in emerging technology can help create better work environments where everyone feels supported and engaged."
Overall, the distribution industry is undergoing a significant transformation thanks to the adoption of emerging technologies. These innovations are making the distribution process more efficient, cost-effective, and sustainable, as well as helping drive the industry forward. Many of these are made possible by cloud-based technology stacks.