Disrupting The Logistics Industry: A Breakdown Of Startup Driven Innovation
Disruptive innovation has reached a multitude of industries with the majority adapting fast to a changing environment. As the logistics industry is experiencing strong inflection points, such as high inefficiency – for example, a staggering 50% of transporters travel without cargo post-delivery – it is not surprising that this industry is being forced to innovate rapidly and develop solutions. The major component driving this innovation process is digital transformation, which accounts for €1.42 trillion in investments that are to be allocated to logistics by 2025.
French startup Scallog operates in this innovation area to optimize order fulfillment. Utilizing automated guided vehicles to lift up to 600kg and carry storage shelves at a speed of one meter per second dramatically improves warehouse efficiency.