IIC Journal of Innovation 13th Edition | Page 23

Creating the Internet of Logistics • • • Impact on business model to some extent; will bring new benefits and services Better customer service Increased quality of events Improved planning capacities (going beyond pulling needed info) Reduced risk of errors (unique IDs) Less paperwork Document sharing (TC, export controls) • • • • • • • • Visibility, transparency, efficiency, profitability Risk analysis Compliance verification and embargo fulfilment Security and boarder management process Trade facilitation Faster and easier VAT & Duty collection Pre-declaration and clearance Supported single window lead by WCO • • Harmonization between governmental bodies Consolidated statistics availability to Eurostat (and national) Dispatch to right authorities depending on goods Targeted regulations based on commodity type Police authorities’ ability to scan for “risks/threats” and profiling Medical authorities’ compliance, animal decease Communication on new regulations Environmental and dangerous goods reporting Easier connection to single window in other regions Risk mitigation and evaluation • • • • Customer benefits Authority benefits • • • • • • • • Carrier benefits • • • • • • • • • Resource and capacity planning Waiting/idle time and yield Visibility and control of volumes (including track & trace) Resource and capacity planning for optimization Improved planning capacities (beyond pulling needed info) Energy and cost spent on sales, not back office work Increased fill rates by consolidating cargo Single interface & eliminating paper New business model (sell directly to SME) - 19 - March 2020