David Armendariz is the general manager of the Information Technology practice group for Lucas Group. He has spent his entire 15-year career with the executive search firm since graduating from the University of Houston with a BBA in Marketing and is based in Houston, Texas.
“There are several variables driving the digital transformation in logistics…”
First the ‘Amazon effect.’ Consumers now have raised expectations in the B2C space and that is now affecting the B2B markets as well. Consumers want low cost, high quality delivery at home and now they won’t accept delays or cancellations, either. Logistics is typically a low tech space, so companies are trying to catch up where they can and they are using several tools to do it. Three of the biggest are IoT, AI and data analytics.
IoT gives logistics companies the opportunity to connect all their devices, equipment and tracking tools to one easy to read, manageable dashboard. They can then integrate all areas of the business on small and now large scales to a fully digitized supply chain. Now that they have gathered the data, AI & analytics will give them the ability to make better decisions based on real data not their gut ‘instinct.’ This is also not only about today, but how they operate long term: affecting business models and go to market strategies, thereby improving the experience of the shipper and carrier.
Article Published By: John Gomez, 6 River Systems, “26 Logistics Professionals Reveal The Biggest Trends In Logistics Technology“