How Does Technology Impact Logistics and Shipping?
Technology has revolutionized logistics and shipping by introducing automation, real-time tracking, and data analytics. Key technological advancements include:
GPS Tracking: Enables real-time monitoring of shipments, providing accurate delivery estimates and enhancing security. Warehouse Management Systems (WMS): Automates inventory management, order processing, and warehouse operations. Blockchain: Ensures transparency and security in the supply chain by providing an immutable record of transactions. Artificial Intelligence (AI): Optimizes route planning, demand forecasting, and inventory management.