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BTJ 5/17 - Dumb, dark, and disconnected. Addressing waste efficiency in the supply chain with technology

Publication date: 2017-10-31

Tags: highlights

BTJ 5/17 - Dumb, dark, and disconnected. Addressing waste efficiency in the supply chain with technology

The punchy title is a quote from ORBCOMM's Michael Dempsey, who during the latest TOC Europe characterised the container shipping industry as one that lacks strong visibility of its assets and cargo.

This is a result of its, as well as ports', incapability to gather and process data efficiently, which in turn leads to massive waste, estimated by McKinsey & Company at around USD 17 billion.

While carriers are escalating their supply battle, hoping to resolve their hurdles with more of the same, a "strategy" defied by some as folly, maybe it's the right moment to take a U-turn and reinvent one’s processes in the digital spirit of the modern times. It's never too late… Until it is.

Dumb, dark, and disconnected, by Przemysław Myszka

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BTJ 5/17 - Dumb, dark, and disconnected

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