Digital logistics: Making a green impact.
The world is changing. Booming commercialization and climate change are proving to be significant effects of the rapid urbanization that this century is witnessing. Increasing demands, faster service, and staying ahead of the corporate race is notably impacting the future sustainability of our world.
Let’s take a closer look at logistics: the industry that connects the whole globe. But with successful supply-chain journeys come by-products that can hamper co-existence considerably. As demand grows, shipments grow, and as goods are increasingly delivered across the world, logistics is proving to be one of the largest contributors to greenhouse gas emissions due to land transport, aviation, and marine transport.
So how do we catalyze a sustainable tomorrow while augmenting the logistics and supply chain industry and boosting national development?
The answer is Digital Transformation.
When innovative digital solutions are applied to traditional logistics processes, we witness comprehensive enhancements across the complete value chain. Going digital means improved connectivity, real-time information, cost-effective management, access to accurate data, complete transparency, and heightened visibility, which results in autonomous control, unfragmented ecosystems, and elevated responsiveness to dynamic market conditions.
The power of information.
Adopting digital transformation in the logistics realm also means leveraging big data, which lets businesses collect, process, and analyze information in a way to empower better decision-making, aid in preventive measures, improve operational efficiency and optimize the use of resources. Be it real-time data or strengthened decision making, be it improved operational efficacy or better utilization of resources- each benefit directly or indirectly equates to lesser delays, decreased wastage, reduced empty miles, and thus can lead to a substantial reduction in hazardous environmental impact. As per a study conducted by Accenture, it is predicted that digital transformation of the logistics sector could reduce greenhouse emissions by approximately 3.6 billion in the next five years.
It has begun.
Digital gurus of the trucking logistics vertical are bringing forth latest technologies that are eliminating brokers and other intermediaries, optimizing routes, and providing live-tracking, in turn, reducing the environmental impact of the land transport sector. While, simultaneously, the Internet of Things (IoT) and Industry 4.0 are revolutionizing the complete logistics ecosystem by garnering the power of collaboration between diverse suppliers and stakeholders, which induces better supply to demand match, thus maximizing utilization and minimizing wastage. Artificial intelligence and advanced data analytics empower maritime logistics with the advantage of accurate information that enables optimization of vessel speed and routes to reduce port waiting times, resulting in lesser Co2 emissions.
The key is within reach.
Digital transformation has become increasingly crucial; it’s no more just for business progress- it is for a bright future for humankind. A progressive tomorrow needs to be a sustainable one, and thankfully sustainability merged with intelligent digital solutions is causing a fundamental evolution in processes and operations across the logistics industry. While the traditional logistics industry is slowly metamorphizing into a smart united ecosystem, it is clear that movement towards a green logistics world has begun.
As technologies evolve with new learnings, it is also essential for businesses to pinpoint which solutions best suit their goals and objectives to avoid detrimental practices and aid in decreasing their carbon footprints.
Change starts with us, and the time to change is now. Business can prosper, and so can Mother Earth. It’s time to go digital; ask us how.