How technology aids shipment and logistics sectors

By: Retail CIO Outlook | Friday, April 19, 2019

The latest technological trends are upgrading the shipment and logistics processes. Providing relatively innovative yet straightforward techniques to overcome the day-to-day operational challenges such as parcel inbounds, product delivery errors, customer dissatisfaction, and freight complexities, technology rationalizes the differences between smart digital trade and physical go-to-store shopping. With the advent of advanced online shopping paradigm, the e-commerce industry has been rising to demand. This popularity has made it challenging for the shipment and logistics to carry out their businesses smoothly. As the shipment team addresses hundreds of thousands of orders every day, inbound parcel management seems to be a stumbling block; technology has a solution. Here is our take .

• Using CV technology with remote monitoring capabilities

Computer Vision (CV) helps both, the shipment and logistics departments to gain parcel inbound visibility insights. CV-based remote monitoring systems help in tracking the on-field parcel movements. Visibility helps in detecting and correcting field errors, which further help in minimizing inbound parcel challenges.

• Employing advanced routing protocols

Cognitive computing and predictive analytics help in formulating real-time inbound freight routing system. This routing guide is a result of the application of intelligent routing algorithms, which are capable of reframing alternative paths according to the carrier preferences and supporting arrival time monitoring, and critical B2B inbound accounting strategies.

Check out: Top Logistics Technology Companies

• Optimizing reverse logistics techniques

Reverse logistics mainly encircles parcels returned by the customers. An efficient parcel inbound logistics management features automatic restocking and chaos-free reverse shipping processes which involves collecting the delivered packages from the customers and channelizing these incoming parcels to the logistics team. Real-time reporting techniques help in checking for damages and ensuring quality standards of the inbound packets.

Among various tasks and challenges involved in the shipment and logistics sectors, inbound parcel management seeks supreme importance. With advanced technological solutions, inbound shipment and reverse logistics complexities can be reduced to increase the total revenue gained by the industries.

Check out: Top Logistics Technology Companies in APAC