Options for success in a digital logistics industry
A series of short-term and long-term recommendations to help enterprises thrive in a digital logistics industry.
We have drawn up a number of concrete investments in digital capabilities that will form the building blocks of a successful digital logistics business. We have divided these between shorter-term ‘no regret’ capabilities, which a logistics firm needs to remain competitive, and bold plays, which are longer-term investments that may revolutionize a company’s strategy.
We raise three key questions for logistics industry leaders and stakeholders to consider and address:
- Should the larger industry players continue to invest in scaling their existing closed platforms or should they be adding new business models such as crowdsourced platforms and analytics as a service?”
- How can logistics stakeholders incentivize faster implementation of shared warehouse and transportation capacity to reap significant societal and customer benefits?
- Logistics contributes 13% of all emissions globally. In light of the COP21 Agreement in Paris, how can industry stakeholders quickly agree on developing safe and trustworthy approaches to more environmentally friendly technologies such as autonomous trucks and drones?
Logistics is one of six industries (along with automotive, consumer, electricity, healthcare and media) that have been the focus of the World Economic Forum’s Digital Transformation of Industries (DTI) 2016 project. An overview of the DTI program can be found here.
Our in-depth findings about the digital transformation of the logistics industry are available in a white paper, which can be downloaded here.
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