SMART TECHNOLOGIES IN BUSINESS LOGISTICS: INNOVATIONS AND SOLUTIONS FOR A SMARTER SUPPLY CHAIN

Abstract

Smart technologies are revolutionizing the way companies work and manage logistics and supply chain processes in the fast-evolving business environment today. In this context, the article explains how advanced emerging technologies such as the Internet of Things (IoT), blockchain, and automation transform and disrupt logistics operations. The study explores the role played by these resources in advancing supply chain management through efficiency, sustainability, and greater transparency.

A qualitative research method was followed by analyzing real-world case studies as well as market reports to gain insights into the real application and impact of smart technologies used in logistics. The study learns that IoT promotes real-time monitoring and tracking, blockchain guarantees open and secure exchange of data, and automation adds efficiency to warehousing and deliveries.

However, the high cost involved in deploying IoT, privacy concerns over data handling, and staffing needs are all still significant obstacles. The report identifies strategic investment, employee upskilling, and technology vendor collaboration as critical success factors for successful integration.

The article concludes that, despite the challenges, smart technologies have significant potential to improve logistics performance. They can make supply chains more resilient, agile, and environmentally friendly. The article also offers practical advice for businesses looking to transform their logistics infrastructure and gain a competitive edge in an increasingly digital marketplace.