Monday, September 5, 2022

How innovation led digitalisation revitalised the air cargo industry?

For years the air cargo logistics industry has remained marred with inefficiencies, paperwork, and opaqueness in the supply chain with several of its important stakeholders working in information silos.



While many systems and processes are still manual, this lack of innovations can be attributed to regulatory oversight, resistance to change, large legacy infrastructures, differing standards, and or lack of capital.

However post the outbreak of the Coronavirus pandemic in March 2020, the grounding of air travel globally, the subsequent momentum in the fortunes of the air cargo industry, the enormous task of vaccine distribution, the spurt in e-commerce, and the recovery of the transportation and logistics industry is what has characterized this period till now.

With the world having witnessed a cascading supply chain crisis, rising fuel and input costs, and an uncertain macroeconomic environment, the air cargo industry withstood both acute constraints in supply and an unprecedented increase in demand. This coupled with disruptive technological advancements has led to a mindset shift among the air cargo industry towards the adoption of technology and digitalisation to narrow the gaps existing in supply chains and service their customers efficiently.

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