Technologies

Fluctuations in raw material prices, new laws, supply chain disruptions – the external conditions for purchasing and procurement are challenging. Companies must continuously find a good balance between costs, quality, sustainability and rapid responses to market changes. Predictive Analytics offers an advanced solution for making precise prognoses and responding effectively to these challenges. In this blog article, we explain how this works and what opportunities it opens up for strategic risk management.

Digitization has significantly transformed many industries in recent years – not least the freight forwarding sector. Cloud-based platforms in particular are becoming increasingly important in the logistics industry, which is characterized by tight timeframes and complex supply chain activities. Cloud technology enables freight forwarders and other service providers to operate more efficiently by improving communication along the supply chain and thus optimizing processes. So how are operational activities improved through the use of cloud-based systems? And what effect do they have on collaboration across companies and national borders?

Advancing digitization has profoundly changed the logistics industry by opening up new opportunities for greater transparency and efficiency: Modern technologies enable seamless networking and data integration along the entire supply chain. This allows companies to optimize their operational processes and react quickly to dynamic market conditions. As a virtual representation of physical supply chain processes, the AI-based digital twin is also playing an increasingly important role in the management of complex supply chains. We discuss how a digital twin works, what advantages the approach offers and how it can be implemented in practice.

The use of blockchain technology in procurement is transforming the way companies handle transactions, orders and the verification of product authenticity. Thanks to its decentralized network, which ensures transparency and security, blockchain technology makes a decisive contribution to optimizing procurement processes. In our blog article, we look at the many possible applications of this advanced technology and discuss how it can increase the efficiency and reliability of supply chains.

The complexity of international trade and the associated logistical challenges are constantly increasing. Cross-border movements of goods are the backbone of our global economy. However, their efficiency and security depend crucially on the ability to track and control shipments accurately. The use of IoT, advanced tracking systems and data analytics is becoming increasingly important to optimize these processes. In this blog article, we explain how providing real-time data and visibility improves the control and monitoring of global supply chains, thus enabling companies to respond proactively to change and strengthen their competitiveness.

New legal regulations, geopolitical tensions, digitalization – companies with global supply chains are exposed to multifactorial events. In order to avoid disruptions or failures along the supply chain, they are well advised to proactively develop strategies that enable them to adapt quickly to changing conditions. The study "Supply Chain Plans 2024" conducted by Software Advice explores how specific approaches to strengthening resilience could work. We have summarized the most important results for you.

The adoption of the European Green Deal marks a turning point in the shaping of our economic future. Through new standards for sustainability, green logistics and environmentally friendly business, Europe is to become the first climate-neutral continent by 2050 and decouple its growth from the use of resources. As part of this transformation strategy, existing laws are constantly being adapted or redrafted – with serious implications for global supply chains. We explain what companies can expect and what role digitalization will play in this context.

In cross-border logistics, the ability to transport goods cost-efficiently, quickly and sustainably from origin to destination is crucial. With intermodal transport management that strategically links modes of transportation such as rail, water, air and road, companies can meet complex supply chain requirements. By combining the respective advantages, an intelligent transport system is created that harmonizes ecological and economic efficiency. In our latest article on the blog, we discuss the advantages of intermodal transport management and explain which technologies support the seamless integration of different modes of transportation.

In order to meet the ever-changing requirements of international goods movements, companies must constantly improve and develop their logistics and transportation strategies. Real-time monitoring and integrative aspects are becoming increasingly important in the context, as digital solutions are essential for managing physical goods. The trend towards Smart Logistics is likely to gain further momentum in the coming years: According to recent studies many companies are planning to maintain or increase their investments in the digitalization of logistics by 2026. In our latest article on the blog, we discuss how companies are benefiting from the use of digital technologies such as transportation management, collaborative platforms and artificial intelligence.