ERP Trends in Logistics Industry in 2023

The logistics industry benefits greatly from utilizing ERP, a powerful tool that uses advanced system intelligence to automate processes and manage frequent changes, cost fluctuations etc.

Given the real-time handling of vast amounts of data involved in managing freight, supply chain, warehousing, transportation, maintenance, and storage, the industry requires a high level of competency and capability.

Here are a few emerging trends worth looking at in logistics industry:

1. Cloud-based ERP: Cloud-based ERP systems are becoming increasingly popular in the logistics industry due to the need for real-time data access and collaboration. From what we observe on the market, there is a big demand for customised Cloud solutions, and we, as a company, always try to create tailored solutions that fir company’s needs the most.
2. Mobile ERP: The ability to access ERP systems on mobile devices can improve communication, collaboration, and decision-making across the logistics enterprise.
   

   One of our clients has recently started using tablets with their ERP system and it showed a steady overall increase in productivity across the company.

3. Predictive Analytics: ERP systems with predictive analytics capabilities can help logistics companies to anticipate demand, optimize inventory, and reduce costs.

4. Internet of Things (IoT) Integration: The integration of IoT with ERP systems can help logistics companies to track shipments in real-time, optimize delivery routes, and improve fleet management.

5. Blockchain: The use of blockchain technology in ERP systems can help logistics companies to improve supply chain visibility, reduce fraud, and increase efficiency.

6. Artificial Intelligence and Machine Learning: The use of AI and machine learning algorithms in ERP systems can help logistics companies to optimize their operations, predict demand, and forecast maintenance needs.
7. Enhanced Customer Service: ERP systems with enhanced customer service capabilities can help logistics companies to improve customer satisfaction by providing real-time updates and personalized service.

Recently we adapted modern trends and cloud dynamics implementation for our international client Audio-Technica, and did a big international D365 rollout for them, you can see all the details in our Case Study

In the logistics industry, ERP can help manage the transportation, storage, and distribution of goods, track inventory, and monitor supply chain processes. It can also automate processes such as order processing, shipment tracking, and billing, allowing for real-time visibility and control over operations. By using ERP, logistics companies can reduce errors, increase productivity, and make more informed decisions based on accurate and up-to-date data.

In addition to that, ERP systems enable logistics companies to respond quickly to changes in the industry, such as shifting demand, pricing fluctuations, or supply chain disruptions. They also provide a platform for collaboration between different departments, vendors, and customers, facilitating communication and improving overall efficiency.

All in all, ERP is an essential tool for logistics companies to stay competitive, improve operations, and deliver high-quality services to their customers.