The SPSCT18 conference in Rotterdam has heard the industry's top executives give their view on the most pressing issues and trends affecting the supply chain.
Day one saw Wolfgand Lehmacher, Head of Supply Chain and Transport Industries at the World Economic Forum (WEF), talk about the importance of sharing data and collaboration.
Lehmacher urged the industry to work harder, and that it needs, first of all, to understand why it is sharing data and how this can benefit shipping companies and ports.
How best to utilise the data it generates is one of the big questions the industry has to ask itself, and the search for an answer has inspired a number of initiaitives and collaborations, such as HVCC's agreement with Kotug Smit Towage, which PTI reported on October 2.
Another is smart technology, especially blockchain and automation, both of which are becoming pivotal links in the the global supply chain. An ABI Research study on September 13 predicted that the intternet-of-things (IoT) will track 500 million assets by 2023,
This is just one example of the excitement around smart technologies and potential. Day one of SPSCT18 heard Henrik Hvid Jensen, Strategic Advisor on Digital Ecosystem Optimisation, TrustWorks, ask the question 'What is Blockchain?' and then go over the technolgies essentials and its potential implicatiosn for the wider supply chain.
Another paper from Transparency Market Research, which PTI reported on October 3, suggested the automated guided vehicle (AGV) market could be worth as much as US$2.3 billion by 2024, an exmple of the technology's potential for linking the supply chain and improving efficiencies.
SPSCT18 has seen Guentar Schmidmeir, Vice-President, Kalmar, talk about automation's potential. In his keynote speech, Schmidmeir delves into the speculation and gives automation's potential a throrough examination, in particular whether it is something smaller operators and supply chain companies can utilse.
For more updates on how these subjects are moving the industry towards greater integration, follow the conversation on Twitter @PortTechnology #SPSC18!