Technology is transforming the logistics sector, but smart software investments can help companies keep up with the rapid pace of change, according to a report from communications software provider Front, released September 18.
Front's 2019 Logistics Tech Trends Report surveyed more than 400 IT, operations, and customer service leaders in the transportation and logistics industry to discover why companies say technology is critical for scaling their business, how the landscape of logistics technology is changing, and to uncover the software investments with the highest potential for return-on-investment (ROI).
The study found that 56% of companies spend more than $100,000 on software every year, and that most logistics and transportation companies are using technology to transform their business and "digitize" the supply chain:
Among the technologies most likely to yield the highest ROI, the study identified the following:
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