THE INTERNET OF LOGISTICS? WHAT IS THAT?

Ericsson is changing the playing field for all kinds of retailing and delivery management. This is how it works.

Who Offers the Best Delivery Service Today?

That would be the e-commerce giants, meaning companies such as Amazon and Alibaba.

Why?
Amazon can, for example, offer PRIME members in-home deliveries within an hour after they have told its voice-controlled speaker what they want. Amazon understood early on that it has to be financially powerful in order to push development in delivery management further. Only by owning the whole delivery chain can you become the best of the best. Those are the rules of the game today. The digital logistics infrastructure is fragmented. Yes, all carriers, freight-forwarders, and suppliers are connected to the Internet, but they are not connected to each other.

Is Ericsson Doing Something About This?
Yes. Ericsson has created a global standard for logistics called the Internet of Logistics that anyone can create features and services for. Consequently, Ericsson now offers a network for shipping packages in the same way they have provided networks for mobile phones. In this way, they open up the logistics industry to everyone. To make all of this understandable and manageable, Ericsson has enlisted the help of LogTrade. One of the reasons for turning to LogTrade is our system for delivery management, which has long been ready for the kind of large data capacity that Ericsson's new logistics infrastructure enables.

Thanks to the Internet of Logistics, it is now possible to develop a concept such as The Point.

So What Does This Mean for You as an Online Retailer or Supplier?
It means that you can design your delivery chain based on your own needs—without having to own the whole delivery chain. LogTrade’s system for delivery management gives you access to the new logistics standard, which in turn gives you full insight into and control over all of the carriers and locations (warehouses, for example) you choose to use to create smooth deliveries.

Interesting. What Else Can You Do?
The Internet of Logistics makes it possible to develop entirely new business models and delivery solutions. One example of this is The Point. Another is The Smart Pallet, which you can read more about here. We will be presenting more solutions soon. What possibilities can you think of?

Read more: Logistics for People