The logistics sector has learnt a lot from the twists and turns of the last few years. From the boom in e-commerce resulting from the pandemic to 2022’s infamous truck driver shortage, many of those in logistics have naturally adapted to the unpredictability of the sector. Here at EC Group, these ups and downs continue to influence our approach to logistics, with one eye learning from the past and the other keenly anticipating the future. So, with 2023 in full swing, we wanted to dip into the top trends to look out for over the coming months.
- Containing costs
It’s no secret that the economy is struggling, and, unfortunately, we don’t see this changing too much over the next year. Within the logistics industry, costs can quickly spiral out of control. That’s why we believe managing risk and containing costs will be one of the biggest trends over the next 12 months.
- Increased emphasis on sustainability and ESG
With activists like Greta Thunberg continuing to turn heads, the emphasis on incorporating greener, more sustainable practices within day-to-day operations continues to gain traction. It’s not just in 2023 that we anticipate sustainability becoming a larger issue within the logistics sector either: over the next few decades, ESG will gather momentum year on year. Consumers are increasingly expecting all service providers to fulfil these responsibilities – that can only be a good thing for the future of the planet.
- Enhanced automation
While some anticipate automation adoption to cool off in 2023, we expect continued investment across the industry. With labour shortages becoming a persistent issue over the last decade for those in the logistics sector, automation is an inevitability. Autonomous vehicles, robotics and other automated warehouse operations will play a huge role in transforming the sector. We’ll have to wait to see which way the sector will swing over the next 12 months, but one thing’s for sure – automation will feature large in the future of logistics.
- The digital revolution
Similar to automation, the continued digitisation of the logistics sector will grow in 2023. Data intelligence, functional AI and the ability to measure supply and demand more effectively are all products of adopting further digital technologies. Enhancing the efficiency of logistics is at the heart of digitisation. In our eyes, the revolution has only just begun.
- Enhanced flexibility
If the COVID-19 pandemic has taught those in the logistics sector anything, it’s that flexibility is necessary in the digital age. A keen focus on streamlining logistics services to adapt to market fluctuations will be a trend we see a lot of throughout 2023. This will include the ability to scale up and down in response to a quickly changing marketplace. Automation and embracing technology will all play a part in these long-term changes.
- The importance of transparency
As with sustainability, consumers are expecting more and more from their providers in terms of openness. Transparency, therefore, is going to be big in 2023. The utilisation of data on a much broader scale will enable the logistics sector to meet consumer expectations in a variety of areas across general customer service and regularly updated order tracking information.
Our decades-deep knowledge of the logistics sector leaves us perfectly placed to not only anticipate future trends but capitalise on them too.
Looking to level up your logistics? You’ve come to the right place. Get in touch with EC Group today to discover more about our services and how we could streamline your processes – we’d love to hear from you.