COLLABORATIVE SHIPPING
CONTRACT MANAGEMENT
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The way in which companies organise logistics today is not sustainable . Supply chains are not always the most environmentally friendly and it is impossible for organisations to sustain a balancing act of the best possible speed , flexibility , cost and carbon footprint when it comes to the shipping and delivering of their goods . In an ideal world , organisations would be able to have a sustainable , cost-effective and efficient supply chain for their products – however , this is isn ’ t always feasible using the current available methods for shipping .
However , new technologies such as Big Data analytics and AI can help companies make a positive change , ensuring their supply chains run as efficiently and sustainably as possible . Utilising AI can have a dramatic effect on supply chains , helping organisations to benefit from the fastest , cheapest and most sustainable routes for shipping , and combining these seamlessly .
So , how can firms implement this ? Well , it all focuses around organisations shifting to a sharing economy when it comes to their supply chains . Using AI , data and innovative algorithms can drastically improve the sustainability and efficiency of supply chains by enabling organisations to work together . In fact , there are three very specific areas in which these technologies can applied to create a smart , efficient logistics chain .
COLLABORATIVE SHIPPING
Collaborative shipping , otherwise known as sharing shipping , refers to the shared use of shipping and transport methods between organisations . This is something that
AUGUST 2019