Transport & Logistics
News are reinventing the wheel with Digital Supply Network ( DNS ) that unites the physical flow of information as well as exposing the talents and simplifying the financial models .
In line with its efforts to keep up with the developing technology trends , Globe Express Services ( GES ) has deployed CargoWise One - an integrated and comprehensive supply chain logistics management solution by WiseTech Global - across its 57 offices worldwide . CargoWise One has many interesting features that are not limited to : - Company ’ s operating costs optimization - Achieving functional excellence in Enterprise Logistics Management - Supply Chain integration and collaboration - Increasing its market share and power
The shift into digital systems has fuelled GES ’ growth by extending its capabilities to deliver personalized and customer-focused logistics solutions on top of its cost optimization benefits .
The Logistics sector in UAE has played a vital role in sustaining the country ’ s economic growth by contributing 14 % to its profit in 2015 , i . e . USD 29.8 billion in favour of the country ’ s gross domestic product ( GDP ). In a recent performed survey , it has been shown that the digital transformation of supply chain was either ‘ important or very important ’ to 75 % of the respondents . Nearly 94 % believe that in the next five years , companies will be able to receive more real-time data and updates across the entire supply chain .
Based on these optimistic points of view , the logistics sector will enter a new era over the next decade where the forces of technology and operational constraints will fundamentally change the rules of the game .
Mustapha Kawam , President and CEO of Globe Express Services , said : “ Companies are striving to go beyond the minimum service specifications by having a competitive edge over others with the increase of competition and complexity within the logistics sector . Having said that , the implementation of such advanced technologies becomes very essential to the business as it increases the visibility and improves accountability . The latter will assist the businesses in innovating and restructuring their supply chain for achieving optimized levels of production . In the supply chain management where cross-company processes , collaborations , and data sharing are vital , a cloud-based technology becomes a major value driver .”
The rising movement of social media , mobile communication , online analytics , and cloud computing services have stimulated businesses to adopt advanced digital supply networks . The supply chain ’ s system visibility now provides real-time awareness for the various business processes . Through data analytics , raw information is transformed into actionable insights while the cloud provides universal accessibility . Logistics professionals are expecting to see a huge positive impact on their revenues and savings in few years from now .
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