Smart Technology As logistics undergoes a digital transformation, we look at some key technologies that are creating value and optimising operations Published on: Global supply chains are the backbone of international commerce, ensuring goods and services flow efficiently across borders. However, they are riddled with inefficiencies, from logistical bottlenecks and lack of visibility to outdated processes and unpredictable disruptions. With the rise of digital transformation, many wonder: Can technology provide the solutions needed to optimize global supply chains? Key Inefficiencies in Global Supply Chains Lack of Transparency and Visibility – Many companies struggle to track shipments in real-time, leading to delays and mismanagement. Inefficient Inventory Management – Overstocking or understocking due to inaccurate demand forecasting causes financial losses. Logistics and Transportation Delays – Inefficient routing, outdated infrastructure, and geopolitical factors slow down shipments. Manual and Paper-Based Processes – Many businesses still rely on paperwork, causing inefficiencies and errors. Hellmann Launches Robotics Automated Storage Solutions in Dubai 5. Supply Chain Disruptions – Events like natural disasters, pandemics, and trade restrictions create unpredictable delays. How Technology is Addressing These Challenges Artificial Intelligence and Machine Learning AI-powered predictive analytics help businesses forecast demand more accurately, reducing waste and optimizing inventory levels. Machine […]
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