Improved technology has also enhanced supply chain productivity, lowering costs and reducing errors. All aspects of the logistics sector benefit from these advancements, including trucking transportation, international transportation (by sea and air), supply chain management, and shipment monitoring. Logistic firms use RFID technology to express the value and combine traditional
Increasing technology innovations are making big waves across industries, and logistics and therefore the supply chain could also be one of the foremost impacted sectors. Notorious for its heavy use of manual processes and enormous amounts of knowledge stored in several ways and in several places, the logistics industry has
Every machine needs repairing, maintenance and constant upkeep for smooth functioning. Dry Docking is that the process followed for the periodic repair and maintenance of ships, boats and watercrafts. Dry docking may be a term used for repairs or when a ship is taken to the service yard. During dry docking, the entire ship is delivered to a land in
Inbound logistics refers to the transportation, the storage and also the receiving of products into a business. It relates to goods procurement for office use or for the assembly unit. In a manufacturing company, the assembly unit purchases raw materials or components from its suppliers for the assembly of other goods. In simple words, inbound logistics is bringing in goods which
The urge for continuous advancements within the logistic industry has opened new doors for disruption. One among the main breakthrough technologies that are making an enormous change in logistics is digital twin. A Supply Chain Digital Twin may be a detailed simulation model of an actual supply chain which uses real-time data and snapshots to forecast supply chain dynamics.