Breaking down the logistics industry: Trends and Opportunities.

Trends and Opportunities in the Logistics Industry

How often have you had a confused expression on your face after reading technical content on logistics?

Some 5 or 10 years ago, it didn’t involve a lot of the processes we now associate with it. Currently, we have quite a number of complexities in logistics processes. This is because the logistics industry doesn’t operate on a centralized system but a culmination of several different services — a factor that makes the industry a bit intricate.

This industry, which have become indispensable to many businesses today basically thrives on meeting up with trends and exploring opportunities that affords the growth of its human resource.

What patterns do we see and what are some of the things that are most likely to change in the coming years in this industry? How can you key into the trends to better position yourself and your business in 2019 and after?

Here are Some of The Various Components that Form the Logistics Process

Have in mind that here are still a list of others, but these are the really basic ones.

  • Inventory Management
  • Transportation
  • Storage and Materials Handling
  • Packaging
  • Customer Service
  • Information Processing
  • Demand Forecasting
  • Production Planning
  • Purchasing
  • Facility Location
  • etc.

Some Top Trends to Look Out For:

As revealed by TechNavio, some of the top trends in logistics to look out for are:

  • Blockchain technology
  • Digitalization of the Logistics Industry
  • Emergence of 3PL and 5PL
  • Efficient last mile deliveries, integration of drones and smart glasses, adoption of data analytics and big data logistics, logistics automation and IOT.
  • Logistics safety becomes the topmost priority
  • Elastic logistics
  • Implementation of chat bots and collaborative robots.

While these are some of the common trends we see today in the industry and some of which we hope to see in the nearest future, it’s important to take into consideration the various transformations that are set to occur over the next few months and align your business accordingly.

Some Logistics Related Opportunities You Never Thought of:

  1. Register Your Truck

Logistics Companies need trucks; a lot of them! With the Logistics Industry, you have an opportunity to register your truck and make money without taking on the responsibility of its delivery.

We will be glad to have you as a partner. You can register your truck with us today.

2. Sell Your Truck

Many truck owners do not realize how much value they can get out of just being a truck owner!

Here at Kobo360, we also offer service that supports the purchase of trucks from owners. Right on our website you can click to sell your truck to us.

3. Start a Career

Not many people realize this, but the truth is there are lots of career opportunities in the logistics industry. Ever thought of building a career in a fun, fulfilling, engaging and challenging industry? Maybe it’s time for you to look into the field of logistics and supply chain management and find out what’s there for you!

From highly qualified truck drivers to competent logistics coordinators, the opportunity to build a fulfilling career in Logistics and Supply Chain is almost endless.

In summary, the logistics industry is a budding one filled with so many potentials for your business. Having a grasp of what it’s about will help you position your business to leverage the industry’s opportunities.

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