Logistics Service Providers – Prepare for the Imminent – Part 3

In the last blog post, we saw a curtain raiser of the super-disruptive technological innovations that are waiting to transform the logistics landscape. Winning in this transformative environment requires the smart adoption of these technologies. The recent years have seen many start-ups mushroom in the logistics landscape. In addition, the concept of “sharing” has expanded into a potential business model thanks to platform technologies; cloud-based solutions and network-centric innovations. This collaborative approach has shown incredible promise in taking the industry to new heights. However, the journey has many hurdles and the transformation of theory into reality has many practical impediments.

Let’s check out some of the new collaborative business models, their challenges, and possible solutions.

New entrants

The new members of the logistics ecosystem, the start-ups, have a common characteristic. They all have cognitive and intelligent technology as their trump card. Their USP most commonly involves an innovative and unique solution to a common, specific problem the landscape is facing. However, most of the focus of these start-ups have been on the asset-light sections of the network – for example, freight forwarding or last-mile deliveries.

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