Air Freight and Logistics is confronting immense change, and like all industries, this brings risks and opportunities. New technologies, new markets, and new customer expectations.
Four areas of DISRUPTION that NEEDS to be CONSIDERED are:
- Customer expectations, wherein individuals and businesses expect to get goods faster. This can be achieved by making maximum and intelligent use of technology, analytics and the internet.
- New Business models and new entrants to the industry, who are exploiting digital technology or sharing models like Uber-style approaches and last-mile delivery.
- Redefined Collaboration and the Physical Internet, wherein the idea is that physical objects can be moved around more effectively if they use standards and common channels. Here, IT applications and networks will need to work together.
- Tech Breakthroughs, wherein digital fitness will be key to success. There is no other industry where so many industry experts ascribe a high importance to data and analytics in the next five years than transportation and logistics.