Development Trends of Smart Logistics in 2024

In 2024, the assessment of China's economic trend is that the world economy will slow down and the Chinese economy will hit the bottom. Some organizations predict that China's GDP growth rate will be around 4.3% -4.5% in 2024, slightly higher than the previous three years.

Faced with the complex and severe external environment, as well as the increasing efforts of the United States to decouple and break the chain from China, and the follow-up of countries such as Europe and America, the investment in the manufacturing industry is expected to increase by 8.2% in 2024, 2.2 percentage points higher than the expected growth rate in 2023. In terms of industrial structure adjustment, it will accelerate and promote investment in the manufacturing industry. As one of the advanced manufacturing industries, the intelligent logistics equipment industry, We will also benefit from this process.

The intelligent logistics system is a necessary path for the development and transformation of China's logistics industry, and the logistics industry is also in an important strategic development stage of slowing down growth, improving efficiency, adjusting demand, and transforming power. Implementing intelligent logistics transformation is an effective way. By 2024, more logistics companies will accelerate their layout of intelligent logistics through logistics technology industry funds, group research and development investments, and other means.

The development of China's smart logistics industry has gone through three stages, namely mechanization, automation, and intelligence. At present, the industry is in the stage of intelligence, manifested by the large-scale application of production logistics systems taking Industry 4.0 as an opportunity. Technologies such as robots, drones, and "goods to people" have emerged one after another, and various traditional and emerging technologies have begun to integrate.

The infrastructure construction supporting smart logistics, such as 5G, Beidou, artificial intelligence Internet of Things, big data, and cloud computing, has experienced rapid development. Smart logistics also faces a favorable technological environment, with new technologies and equipment such as drones and robots playing an important supporting role in the entire intelligent logistics system.

In 2024, our market will enter the era of digital technology revolution, aiming to build an open ecosystem based on sharing, improve efficiency and enhance the network effect of digital technology through the use of digital technology, and smart logistics is doing this.

Smart logistics, through digital transformation, provides services to various industries dominated by manufacturing. Therefore, it has changed the original growth model, changed the old scale, low-cost productivity model, and shifted towards a new productivity model centered on innovation.

From an industry perspective, it is necessary to promote the integration of the intelligent logistics industry chain, optimize the structure of the industry, and reform the operation and management methods of the logistics industry.

The penetration of intelligent logistics into the industry is moving from single to comprehensive, from simple to complex. It can be seen that from 2018 to 2022, the transformation of intelligent logistics has mainly focused on local experiments or experiments, with more emphasis on simple technology application and process optimization.

By 2023, the smart logistics industry chain has undergone strategic planning and layout, and the depth and breadth of its transformation have significantly improved. It is no longer just a link or department, but has fully integrated into every field of the entire logistics industry, including transportation, warehousing, distribution, customer service, etc. By 2024, this trend will continue and even faster.

In this situation, the development of smart logistics must have a long-term vision and consider the development plan of enterprises from a ten-year perspective. The risks of high-speed growth and rapid fission are significant. So, in 2024, we cannot blindly follow the trend, nor can we hesitate to miss strategic opportunities. Logistics intelligence is an inevitable trend, but we still need to walk a long and arduous road.

Chuji Logistics will deeply promote the transformation of its own business model. In order to maintain growth against the trend, it is necessary to explore a strategic perspective of new markets, starting from entering overseas or expanding into new markets. However, neither is achieved overnight and requires longer time and patience, as well as strategic determination to quietly cultivate.

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