For the reputation management pricing industry, they are starting to realize that the latest technology is really starting to impact the logistics industry. When an industry is able to recognize how they are impacting another industry, this can be a good thing so they can either help out the business they are impacting or maybe that business will no longer survive or will simply have to adapt to the new changes. The transportation industry has been experiencing increase profits and growth due to innovative technology.
The demise of offline shopping
There has been a rise in online shopping therefore a large demise in offline shopping and this is what has been primarily leading to the increased profits of transportation companies. Although it is leading to more profits, this means there is an additional pressure on the transportation industry to deliver packages on time. If a company like Fedex for example is working for a large retailer that always promises 1-day delivery to their online customers, then that is what the trucking companies need to do. The problem is what happens if one day or one time an error happens and the trucking company gets fired from the big retailer for messing up some orders by being late. Although with technological advancements, these things rarely happen and there has been a improvement in supply chain efficiency therefore customers are getting their deliveries on time.
Tracking your order
With automation technology, this has ensured smooth picking and packing of goods in the warehouse, which helps the orders get to the customers much quicker than ever before.
With enhanced GPS’, this allows companies to have a wider range of functions and features to be used in areas like geofencing, they are always updating on real-time traffic data, they fuel tax reporting along with are able to track driver’s hours and route optimization. All of these are how technology has impacting the transportation industry allowing them to be more efficient yet also more risky where a 1-day delivery can be too close for comfort.
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