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Autonomous Trucking and its Impact on Supply Chain Operations in 2020

Intelligent Process Automation, IPA, Supply Chain Operations

Driver

Everyone is aware of cutting-edge autonomous trucking technology and the way it is evolving in the conventional freight forwarding industry. The possibility of autonomous trucking has become a part of a huge debate about technology and the future of trucker’s jobs. Recently, this subject has managed to reach the 2020 presidential campaign in America.

The rapid introduction of autonomous trucking is expected to primarily take place in trucks before cars, because of their popularity on the highways and the repeatable and reliable routes. Autonomous trucks will be beneficial in terms of road safety, reduced carbon emissions and logistics cost.

List of Benefits of Autonomous Trucking

Cost-saving shipping

Human intervention will completely diminish as autonomous trucking will eliminate labor cost, over-night driving, long trips, and human error, thereby reducing overall expenditure. Companies also incur expenses on employee health insurance, seasonal bonuses, weekly offs, and accidental liabilities. Autonomous trucking will provide backing to the logistics industry by offering 24/7 service, which will eradicate drivers’ need such as halting and taking breaks for short refreshments. It has the potential to make smarter route decisions, helping supply chain associates to choose shorter and cost-effective routes, and can also be configured to maintain driving speed to deliver on time.

Substitute for trained drivers

Companies continuously strive to save money by optimizing the routes and reducing break time of drivers. However, autonomous trucking can quickly fix the shortcomings of the drivers and enabling skilled staff to monitor and control the trucks from a remote location. Autonomous trucking technology is way to fill the gap of shortage of drivers drivers, by eventually leading to a reduced number of drivers required on the road.

Squad-based trucking

Autonomous trucking technology is transforming the supply chain sector by maximizing resource utilization, minimizing delays in shipping, and by shipping high volumes in single convoys. All this results in enhanced operational efficiency and agility compared to the conventional approach to meet customer requirements.

To optimize the use of operating capital, the supply chain sector can be transformed into autonomous trucking technology since autonomous trucking can accommodate high volumes in single convoys and minimize unintended cost and additional labor cost.