Digitalization improves port operations & shipping services, speeding up trade and lowering costs
Delighted to share details of two recent reports by our Advisory Council Member, UNCTAD, looking at how – and what must be done to ensure operators in developing countries benefit from these trends. Currently, 95,402 ships carry goods around the globe.
The more the data behind transport operations are digitized, the more efficient shipping – and thus trade – will be. It will be easier for carriers, seaports and intermodal transport providers to integrate their processes with the shippers’ own globalized supply chains, providing better visibility of shipments at any given time.
This is facilitated by artificial intelligence, which can help analyze the growing volume of data from automatic identification systems, global positioning systems and tracking devices for cargo and containers. The data can be securely stored on the blockchain, making them tamper-proof and trackable. The challenge is to ensure developing countries benefit from the trends, not only through access to the technologies but also as business service providers.
Read a report by UNCTAD and RISE Research Institutes of Sweden: http://bit.ly/2SkIAzl
And an UNCTAD policy brief: http://bit.ly/2MTsWeU
HAVE YOU REGISTERED? This years theme for GTDW China Trade Development Forum; 'Digitalization, Standardization & Interoperability' join UNCTAD and leading trade organisations, government trade, customs & tax agencies as well as MNC's across customs & compliance, brand protection, IPR, Supply Chain & Logistics at the only global multimodal programme dedicated to Making international trade safe, efficient & secure.
View Programme English: http://bit.ly/2ShbYXj
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View Website: www.kwglobaltrade.com
GTDW China Trade Development Week Forum, 16-18 June, Shanghai Pudong, China
全球贸易发展周-中国论坛 | 2020年6月16日至18日 | 中国上海