Digitisation and its futuristic approach is taking the global business landscape by storm and air cargo industry is not an exception. More than being physical, it is a mindset change. The winners will act now by forgoing resistance and embracing technology!
Rewind just six or seven years and you will find the air cargo industry happily transporting cargo believing it has mastered the art, until a wave of technology roiled and disrupted the well set standards.
In due course, the consumer base also became more aware and their rising expectations gave major goals to the industry to not only track and trace but also make the entire supply chain leaner. The air cargo industry, which was defined by its fragmented supply chain, comprising truckers, ground handlers, airlines, forwarders and shippers, was now in need for major structural redesigning.
Disruption was, therefore, here to stay and left a trail of buzzwords like analytics, automation, artificial intelligence (AI), internet of things (IoT), big data, blockchain, cloud and much more. With the structural redesigning of the industry, experts believe that supply chains will soon be replaced by supply networks.
Keeping this backdrop in mind, industry players are taking significant steps towards digitisation in order to streamline and simplify the supply chain right from the origin to the final destination.
Recently ground handler dnata partnered with IBM, Emirates Innovation Lab and flydubai Cargo, to test the use of blockchain to create a new value proposition for cargo service delivery.
This story is from the February 2018 edition of The STAT Trade Times.
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This story is from the February 2018 edition of The STAT Trade Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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