Versuchen GOLD - Frei

Logistics at the Crossroads: Embracing Digital Transformation for a Resilient Future

Daily FT

|

August 15, 2025

On this National Logistics Day, we pause to recognize an industry that silently yet powerfully keeps the world movinglogistics. From delivering essentials during crises to connecting global economies, the logistics and freight forwarding sector is the unsung hero behind modern life. But as we look around in 2025, it’s clear that the industry is not merely evolving—it’s undergoing a complete transformation.

- By SUJAN MALAWANA

Logistics at the Crossroads: Embracing Digital Transformation for a Resilient Future

We are standing at a defining moment. The past few years have brought unprecedented challenges: global supply chain disruptions due to COVID-19, the Suez Canal blockage, the Russia-Ukraine conflict, Red Sea tensions, fuel price volatility, and shifting geopolitical alliances. These events tested the endurance and agility of logistics providers worldwide. But perhaps more importantly, they also served as a wake-up call. It’s no longer enough to be reactive. The future of logistics lies in being proactive—and that means embracing digital transformation as the backbone of resilience.

Why Digital Transformation Matters More Than Ever

Digital tools are no longer “nice to have”—they’re the difference between staying competitive and becoming obsolete. Automation, Al-driven analytics, Internet of Things (IoT), blockchain, and cloud-based platforms are revolutionizing the way goods are moved, tracked, and managed.

Imagine a world where a freight forwarder in Colombo can track a shipment in real time from Shanghai to Rotterdam, using predictive analytics to preempt port congestion and blockchain to ensure secure documentation. That world is not five years away— it’s happening now.

Smart warehousing with robotics, digital freight marketplaces, dynamic route planning, and contactless customs clearance are becoming standard practices in advanced logistics environments. These aren’t just tools for efficiency; they are enablers of speed, transparency, cost-effectiveness, and sustainability.

Challenges for Developing Economies Like Sri Lanka

Daily FT

Diese Geschichte stammt aus der August 15, 2025-Ausgabe von Daily FT.

Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.

Sie sind bereits Abonnent?

WEITERE GESCHICHTEN VON Daily FT

Daily FT

Daily FT

How we are being misled by fiscal illusion in Sri Lanka

PRESENTLY, Sri Lanka is on a recovery journey from the deepest economic downturn in its history. The unhealthy fiscal policies of successive Governments have already been recognised as one of the major causes of this poor performance. Fiscal policy encompasses various decisions related to the national budget. Therefore, it is crucial to closely monitor budgetary behaviour and related decisions to ensure the economy moves in the right direction.

time to read

3 mins

September 02, 2025

Daily FT

Hayleys Agriculture launches OMNIX Digital System to transform farmer engagement and modernise agriculture practices

HJS Condiments Ltd., Sri Lanka’s largest processed fruits and vegetables exporter and a member of the Hayleys Group, has launched the OMNIX Digital System, a groundbreaking platform that modernises farmer engagement, streamlines operations, and strengthens traceability across the agricultural value chain.

time to read

2 mins

September 02, 2025

Daily FT

Sun Match Director Gowri Rajan honoured as Sri Lankan Iconic Woman 2025

SRI Lanka's foremost respected media channel Broadcasting Corporation (SLBC), at its centenary celebration, honoured Sun Match Company Executive Director Gowri Rajan with the title of Sri Lankan Iconic Woman 2025 at BMICH. The Chief Guest was Minister of Labour Anil Jayantha Fernando.

time to read

1 min

September 02, 2025

Daily FT

Daily FT

LYNEAR: Redefining wealth management through independence and discipline

IN complex and often unpredictable capital markets, wealth preservation and capital accumulation demand rigour, discipline, and a principled approach anchored in long-term strategy, robust governance, and above all, independence.

time to read

4 mins

September 02, 2025

Daily FT

Daily FT

Where's the papaverine? NMRA has flatlined on vital heart medicine

IN early April of 2025, this author in an article published in the Daily FT asked the National Medicines Regulatory Authority (NMRA) to quit playing games with our hearts (https://www.ft.lk/opinion/NMRA-should-quit-playing-games-with-our-hearts/14-775045), but it seems to be continuing to cause heartache.

time to read

4 mins

September 02, 2025

Daily FT

Daily FT

Sri Lanka's automobile market: Subliminal economic bubble?

From showrooms to sinking debt; is Sri Lanka repeating a global mistake?

time to read

6 mins

September 02, 2025

Daily FT

Daily FT

Committee appointed to improve food safety in Parliament

THE Parliament Secretariat yesterday said that the House Committee, chaired by Speaker Dr. Jagath Wickramaratne, has decided to appoint a special committee to present proposals to enhance the safety of food and beverages in Parliament.

time to read

1 mins

September 02, 2025

Daily FT

Mercantile Investments signs MoU with Toyota Lanka to drive hassle-free vehicle ownership

MERCANTILE Investments has announced its new strategic partnership with Toyota Lanka. This collaboration marks an important milestone in Mercantile Investments' commitment to providing accessible, seamless, and customer-centric financial solutions.

time to read

1 min

September 02, 2025

Daily FT

Ranil expresses gratitude following release from remand

FORMER President Ranil Wickremesinghe yesterday extended his gratitude to all those who supported him from the time of his arrest, marking his first public statement since being taken into custody.

time to read

1 min

September 02, 2025

Daily FT

AMW cracks down on counterfeit Yamaha spare parts in Eastern Province

ASSOCIATED Motorways Ltd., (AMW), the sole distributor for Yamaha in Sri Lanka, has recently intensified its efforts to combat the growing circulation of counterfeit spare parts for Yamaha motorcycles.

time to read

1 mins

September 02, 2025

Listen

Translate

Share

-
+

Change font size