Smart logistics refers to the use of advanced technologies, such as artificial intelligence, the Internet of Things (IoT), and data analytics, to optimize and automate logistics processes in transportation and supply chain management. The goal of smart logistics is to improve efficiency, reduce costs, and enhance customer service by providing real-time visibility and control over the movement of goods and resources. Examples of smart logistics applications include automated warehouses, self-driving delivery vehicles, and predictive maintenance for transportation equipment.
The smart logistics market size is expected to grow significantly in the coming years. The smart logistics market size is valued at $8 billion in 2022 and is expected to reach $14 billion by 2025. The increasing adoption of IoT and automation in logistics and transportation, growing demand for real-time tracking and monitoring of goods, and the need for efficient and cost-effective supply chain management are some of the factors driving the growth of the smart logistics market.
Maersk, a leading global shipping company, has been at the forefront of integrating different modes of transportation in their logistics operations. They have been implementing smart logistics solutions in order to optimize and automate their processes across different transportation modes, including ocean, rail, road and air.
One of the key trends in smart logistics is the integration of various transportation modes to create a seamless and efficient supply chain. By integrating different modes of transportation, companies like Maersk can optimize the movement of goods and resources, reducing costs and increasing efficiency.
For example, Maersk uses their digital platform, Maersk Connecting, to provide real-time tracking and monitoring of goods across different transportation modes, enabling customers to have visibility and control over their supply chain. They also use predictive analytics to optimize routes, reduce transit times, and minimize costs. Additionally, Maersk also has been investing in digital solutions to optimize their intermodal logistics, where they use digital solutions to optimize the combination of different modes of transportation, such as ships, trains, and trucks, to move cargo.
All these integral solutions give Maersk an edge to better serve the customers by providing end to end supply chain visibility and efficient logistics services, which is a key trend in the smart logistics market.
