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How IoT And Airline Alliances Will Transform The Cargo Industry
Indian Transport & Logistics News
|January-February 2018
The latest trends in technology are driving air cargo industry to make changes rapidly like never before. From Internet of Things (IoT) to Artificial Intelligence (AI), the air cargo supply chain is getting smarter with digital technologies. Venkatesh Pazhyanur forecasts the technology trends that will define air cargo in the future.
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The rise of information technology and the advent of digitisation have disrupted all businesses across the world. The cargo industry is no exception to this. Customers, regardless of the business they are dealing with, expect brands to be up to date with regard to the technology that they use. With this backdrop in mind, warehouses will embrace digital transformation and airlines and global distributors will revisit their strategies for revenue optimisation. It would be safe to forecast that in the coming years, these changes will materialise, forever transforming the way the cargo industry operates. Here are some examples of how disruptive technology will drive change in the industry.
Smart warehouses will become a reality
The last few years have witnessed a drastic change of global product flows with regard tomarkets, freight size and transportation lead times. A major factor responsible for this is the proliferation of e-commerce. For instance, instead of one master shipment of 100 packages to a distribution center, 100 individual shipments of one package each will need to be shipped directly to customers. Furthermore, these shipments are not limited to local markets; customers in a much larger geographical area are being served in this new age.
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