The Role of IoT in Shaping the Future of Supply Chain 23rd edition | Page 63

Negotiation Automation Platform
2.1.2 LOGISTICS
Figure 2-2 : Contributions of NAP in the manufacturing industry .
In the logistics industry , the essential operation involves procuring transportation means and capacity from carriers and selling transportation services to customers . It is necessary to coordinate trading conditions with counterparties during this procurement and sales process . Additionally , the logistics field faces daily issues , such as sudden requests or cancellations , truck delays , and inefficient cargo distribution . In these situations , coordination with counterparties is also required .
58 August 2023