Empowering Your Business With Digitalization
Technology is gradually playing an increasingly important role in the transformation of businesses and driving their growth. For example, take the logistics industry, where customers are not physically close to their goods when it starts to move through the supply chain. They have to rely on different sources for updates throughout the journey. Instead, if they are given access to analyzed data that is seamless, timely and integrated, it would help them feel more in control of their supply chain management.
As logistics providers, we need to give our customers this visibility so they can act quickly and intelligently when faced with situations such as delays or changes to destination or demand. In essence, we need to empower our customers by providing them the power to make decisions based on accurate data to derive their desired outcomes. Digitalization can democratize the supply chain.
Blockchain is a potential gamechanger for the industry where, besides moving goods, the supply chain is also moving an incredible amount of data and information. This unfortunately often leaves an enormous paper trail that can get extremely complicated in a fragmented supply chain. A platform that can connect the entire ecosystem and allow the exchange of documents, information and data freely and seamlessly will not only reduce costs but also decrease lead times in the supply chain.
Digital transformation of the supply chain is inevitable. Technology will play an ever-growing role in operation planning, demand planning, demand sensing and network design, through which the capabilities of the supply chain will be greatly enhanced. To access more information and my insights on the impact of digital transformation on your business, click the link below:
Head of Logistics & SCM, MEA Region, at DP World
2 年Thank for sharing Vikash. Insightful details…..Cargo journey rarely begins and end at port. When logistics services integrate , with global network a super digital platform with visibility is must for customer to go for new opportunity with service provider.
Vice President - West at Unique Logistics International
2 年Well articulated. Hopefully Blockchain will not be abused as has been the case with many other technological systems in the past & present. Effective implementation of technology under secure environment....can go long way in making supply chain management ease lives globally.
Sales Director - Regional Enterprise AMEA, DEI Leader
2 年Vikash Agarwal - very well articulated view. Blockchain can be a game changer for distributed ledger requirements and this particular use case from Maersk is very interesting. This will simplify the documentation requirements and inturn improve the supply chain agility. All the best!