Question.2509 - This week you will identify and discuss 2-3 emerging concepts within the transportation and logistics field. You will have to conduct online research to determine what emerging concepts have surfaced over the past 1-2 years. Discuss in detail to include a definition or explanation of the emerging concept, the importance it plays in the TLM field (currently), a forecast of where you see this heading in the future, and its potential future impact within the TLM field. Provide sources to support your thoughts, insights, ideas, and statements. Complete this Discussion by giving an update on your project. What topics or essential elements will you include in your project? Why?
Answer Below:
Emerging Concept in Transportation and Logistics field Nowadays, technology integration in the process of management brings strong and big evolution in smart transportation and logistics that constitute a fundamental pillar for industries. One such emerging concept is Blockchain Technology that allows immutable, transparent, secure, and decentralized storage of data. Blockchain will be a type of distribution system that will contain all the transactions from the starting in the form of blocks. In transportation too for deliveries, blockchain can be used for connecting delivery drones. In the transportation and logistic field, blockchain will reduce the paperwork, increase sustainability, reduce waste, reduce fraud, bring efficiency, and detect problems fastly (Issaoui et al., 2019). Another such potential emerging concept, especially after a pandemic, is the Drones application in the transportation and logistic field. It will also be useful in a crisis like droughts, floods, and other such disasters or humanitarian crises. In pandemic too for the delivery of medical-related things, this emerin technology is effective. The application of drones ave several advantages like fast deliveries, reducing traffic and emissions, delivering goods at places difficult to access, a 24/7 operating system, controls inventories within warehouses itself, and others (Tadi? et al., 2021). Artificial intelligence technology now surpasses the brain computing of humans. The application of artificial intelligence in the logistic industry reduces the cost of labor and also brings logistic efficiency. This can be used in a way like using cloud computing for changing transportation environment, using an algorithm of the short path to reduce the time of transportation especially for perishable food, and other multiple uses Artificial intelligence have in transportation and logistic field. AI helps in logistics route optimization tat reduce shipping costs thus generate profit for logistics enterprises (Bai, 2021). Thus following explained some emerin concepts in the transportation and logistics field that will bring efficiency and are mostly related to technology usage. References Issaoui, Y., Khiat, A., Bahnasse, A. and Ouajji, H., 2019. Smart logistics: Study of the application of blockchain technology. Procedia Computer Science, 160, pp.266-271. Tadi?, S., Kova?, M. and ?okorilo, O., 2021. The Application of Drones in City Logistics Concepts. Promet-Traffic&Transportation, 33(3), pp.451-462. Bai, H., 2021, May. Design of New Logistics Control Chain Based on Artificial Intelligence. In Journal of Physics: Conference Series (Vol. 1915, No. 2, p. 022055). IOP Publishing.More Articles From Humanities
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