Industry 4 technology adoption in logistics management for efficient last mile delivery

Abstract

The digital transformation of value-generating processes in the production, manufacturing, commercial, and service sectors is called Industry 4.0 (I4.0). quotI4.0quot refers to the integration of cyber-physical systems (CPS), the Internet of things (IoT), Big data analytics, cloud computing, machine learning, artificial intelligence (AI), etc. for the development of smart factories. Digital solutions can potentially improve supply chain visibility, reduce costs, streamline operations, increase efficiency, and facilitate better decision-making based on realtime data analysis and monitoring in the logistics industry. The logistics sector is expanding significantly across global economies, which is driving the demand for full digitalization in the I4.0 age. LMD management is decisive for the success of a digital business and the satisfaction of consumers. It reduces the incidence of shipping-related issues and speeds up the delivery process. I4.0. technology (I4.0.T) shows an influence on every business, and the logistics sector is no exception. I4.0 will assist industrial engineers in developing novel supply chains and logistics centers. The present development in the logistics sector indicates a need for I4.0.T to improve customer service, cost-effectiveness, and technology advancement. This research focuses on the I4.0 drivers for logistics management and the essential elements driving the next industrial revolution. newlineThis research work aims to reconnoiter the set of I4.0.T used in logistics management and how these technologies affect last-mile delivery.The goal of the study is to investigate and evaluate how I4.0 technology has affected Logistics Management with regard to last mile delivery operations. It also works about to understand the role of each factor contributing technologically for creative solutions with regard to LMD.