How to Improve Reverse Logistics in an Era of Free E-Commerce Returns

How to Improve Reverse Logistics in an Era of Free E-Commerce Returns

We are living in the era of e-commerce, which, as it turns out, could be both beneficial and challenging for today’s businesses. With online shopping more popular than ever before, RBC Capital predicts online sales will account for 24% of total sales by 2027. As free online shipping has become the predominant practice for e-commerce businesses and even brick-and-mortar stores with an online presence, consumers have been experiencing increasingly better customer service. Yet, e-commerce businesses are more strapped for resources than ever as they must ensure that all aspects from purchase to return are seamless and smooth.

The Evolution of Delivery Drones in Logistics

delivery drones

Over the past decade, drones have evolved from an underdeveloped pipe dream to being on the cusp of its own mainstream logistics sector. Drones, known more formally as Unmanned Aerial Vehicles (AEVs), are small, autonomous robots that can be controlled either remotely or by following an internal flight path on its own.

Let’s take a quick look at how drones have evolved in recent years. While drones have been used for military purposes for decades, the first US commercial drone permits were issued by the U.S. Federal Aviation Administration back in 2006, allowing drones to be flown for business purposes for the first time ever. Just a few years later in 2010, French startup Parrot released the Parrot AR Drone, the first drone to be controlled by Wi-Fi and smartphones — a huge step for drone development for both consumers and businesses. In 2013, Amazon swooped in with its concept for a drone-based delivery system, although the company is still yet to release details on when it will actually start making large-scale commercial shipments via drone. In 2016, DJI released its Phantom 4 Drone, the first to incorporate machine learning technology to intelligently track objects in place of following a GPS signal or programmed route. This brings us to today’s drone climate, with dozens of new drone startups popping up worldwide in an effort to bring drone delivery to everyday life.

Logistics Startup of the Month: Arviem

Logistics Startup of the Month: Arviem

Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This month, Transmetrics selected Arviem, a full-service provider for real-time cargo tracking and monitoring, as the “Logistics Startup of the Month” for the outstanding contribution to the development of the Supply Chain Visibility.

In order to learn more about the company and what makes Arviem stand out, we have talked with Simona Androvicsova, Chief Marketing Officer at Arviem, about the journey and what is going to define Supply Chain Visibility in the coming years.

Applying Digital Twins in Logistics

Digital Twins in Logistics

Continual advancements in the logistics industry have created new opportunities for disruption, but one of the most intriguing comes in the form of digital twin technology. If you haven’t yet heard about this innovation, there is no doubt it will be spoken about as one of the most popular logistics trends of 2020.

If you’re not already familiar with the concept, let us explain: Traditional computer modeling of parts and machines doesn’t currently take into account the way in which parts wear out and are replaced; how fatigue accumulates within different structures, or how often owners make modifications to adapt to their changing needs. However, the advent of digital twins technology is changing this process drastically: Parts and structures that were once inaccessible by computer models are now able to be included in the digital world, allowing us to engage with the digital model of a physical object or part just like we would with their physical counterparts. This means that any changes made to the physical object are now also reflected in the digital model — something that was never possible in this manner until now. 

Best Logistics Technology News of 2019

Best Logistics Technology News of 2019

Picture Credits: DCSA, Port of Rotterdam, Volvo Trucks, Continental, Nikola Motor Company, Uber Freight, Flexport, Wing, Amazon

At the beginning of the new year, it is always useful to go back and analyze the announcements of the previous year to better understand what is coming ahead. While we have already discussed the logistics and supply chain technology trends for 2020 earlier, looking at the news from 2019 can adjust our vision for the announcements of the current year and demonstrate which companies and sectors we should expect to develop the most over 2020.

Below are the most important and interesting logistics technology announcements which were on our radar during the past year – from the growing importance of investment into the sector to impressive real-life cases of the most innovative technologies in logistics and supply chain.

Here is the list of topics in this article:

Logistics Startups of the Month: 2019 Overview

Logistics Startups

During 2019, Transmetrics Blog has been showcasing many logistics and supply chain startups which are using innovative technologies to improve the industry’s performance. As a part of the Logistics of the Future Series, we’ve highlighted the most remarkable startups disrupting Maritime Shipping, Trucking, AI in Logistics and many more. However, sometimes we wanted to learn more about some of these outstanding solutions. Therefore every month we were interviewing one company which represents a positive example of innovation in logistics and Supply Chain.

In this article, we highlight all the startups featured in the “Logistics Startup of the Month” series to demonstrate their importance for the development of the industry. From AI to Blockchain and from real-time visibility to platooning, here are all the logistics startups that deserve to be in the spotlight:

Transmetrics to Bring Logistics Efficiency with a €1.67 Million EU Grant

Transmetrics Receives 1.67 Million Euro Grant

Brussels/Sofia, 9 December 2019Transmetrics, a leading software provider of predictive optimization solutions for the logistics industry, announced that the company has been awarded a €1.67 million grant by the European Commission in the ultra-competitive European Innovation Council Accelerator programme. This funding will support the development of Transmetrics’ unique AI-driven logistics optimization software. Over 1,800 applications were submitted to this funding round but EC selected to finance only 75 projects that truly represented breakthrough deep-tech innovations with significant societal impact.

Best Logistics Articles of 2019

Best Logistics Articles of 2019

2019 has brought significant advancements for the logistics industry, thanks to actively developing artificial and augmented intelligence, advanced analytics, and automation, among other things. In addition to that, we’ve witnessed a great collaborating force rising in the sector and Digital Container Shipping Association is one of the best examples of that.

Since we’ve always kept our eyes open for the new technologies and innovative logistics trends, we’ve done our best to cover all the above-mentioned topics on Transmetrics Blog in 2019. The following articles proved to be the most engaging in 2019 among our readers.