Logistics Technology Trends for the Supply Chain in 2022

Technology impacts almost every aspect of our lives, and the supply chain is no exception. For example, logistics technology is advancing to meet the ever-increasing demand during the pandemic. Companies that deploy innovative technology will stay ahead of the curve—a trend that will continue throughout 2022. Here’s what to look out for this year.

Blockchain promotes accountability

Blockchain technology has potential for many industry verticals. For the shipping industry, blockchain’s shared digital ledger provides an opportunity for the entire process of an order to be tracked in real-time with increased transparency.

It also promotes greater accountability for carriers and suppliers because it can easily track and prove where a mistake or mishap might have occurred with a damaged or missing shipment. Tracking more precisely will give shippers the ability to access and organize this data. It will be instrumental in resolving loss and damage claims.

Automation cuts costs

We can expect to see the introduction of more autonomous robots and robotic software in warehouses as the digitization of distributions centers continues. Several factors are driving this industrial push for automation this year. Suppliers are looking to:

  • Cut costs
  • Manage higher volumes
  • Reduce human contact during a pandemic

While the level of automation depends on the size of distribution centers and volume across the board, we can expect the implementation of pick-to-light applications in manufacturing and shipping. With pick-to-light apps, operators scan barcodes that trigger an LED lighting system to improve order fulfillment performance. As a result, workers will spend less time picking orders and experience fewer errors reading paper pick lists.

AI and IoT analyzes data

Artificial intelligence has been driving the conversation around logistics for many years now, so it’s no surprise this trend will continue in 2022. AI systems can manage large amounts of data and analyze that data for demand forecasting and other predictive purposes.

Likewise, the Internet of Things (IoT) offers more data that promotes risk management, forecasting, and a transparent supply chain. IoT provides a system that allows for data transfer over a network without human or computer interaction. Much like blockchain and AI, it’s becoming ubiquitous in many aspects of life, including logistics, offering more information, more transparency, and more digitized processes.

TMS incorporates technology

These emerging technologies are best managed via a real-time integration platform within a universally compatible and easy-to-access digital ecosystem. That means building a comprehensive transportation management system (TMS) for many suppliers in 2022.

Also, technological tools and large quantities of data require organization. A solid TMS creates a one-stop-shop for all the applications needed to mitigate risks, automate processes, and manage carrier relationships. A TMS can also track deliveries, further promoting the transparency of blockchain, AI, and IoT technologies.

CTSI-Global’s HoneyBee TMS™ works with content providers such as Strategic Technology Partners, Google, and BI Analytics to provide applications made available through the platform and then fully integrated in real-time. From there, predictive analytics are applied to strategic demand forecasting.

A TMS like Honeybee allows for the integration of all modes of transportation so that shippers can know where all of their shipments are, globally, at any given time. Combining AI, mapping technologies, broker markets, and currency converters, Honeybee supports a more transparent process and all of the new technologies that come with it.

Contact CTSI-Global today to talk about how you can upgrade your technology systems this year.