CONTRACT MANAGEMENT
64 heavily reliant on emails , phone calls and Excel spreadsheets to run their logistics procurement processes . It ’ s estimated that currently less than 10 % of the logistics industry uses electronic procurement and just 1 % of worldwide freight volume is purchased digitally .”
Spencer Davern , Director of Air and Ocean at Rhenus Logistics UK , believes the air freight industry is going through a period of modernisation , with digitisation leading the way . “ Many who work in the logistics industry will have experienced the painful hours spent in line at airport sheds during peak times , waiting to collect or deliver cargo shipments ,” explains Davern . “ Thankfully , due to technological advancements and the fast-paced nature in which the logistics industry adapts , this no longer has to be the case . Through the implementation of E-AWB ( electronic Air Waybill ), the logistics industry has seen significant improvements in efficiency . Removing the need for paper documentation has proven instrumental in streamlining the process of handling air cargo shipments . In addition to this , E-AWB enables information to be provided electronically to the airline before delivery , with some forwarders able to
MARCH 2020