75% of “freight forwarders” see digitization as the main solution to supply chain problems

Ahmed bin Saeed inaugurates the first Global Shipping Summit in Dubai

Ahmed bin Saeed during the opening of the World Shipping Summit.

From the source

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Supreme President of the Emirates Airlines Group and Chairman of the Global Steering Group for the World Logistics Passport Program, inaugurated yesterday the World Cargo Summit, which extends over three days, and brings together the most prominent personalities, experts and officials, to discuss The role of data in enhancing connectivity across global supply chains.

"Global supply chains are facing challenges resulting from geopolitical turmoil, the pandemic, and the dangers of climate change," said Sultan Ahmed bin Sulayem, Chairman and CEO of the "DB World" group.

Bin Sulayem added, "These challenges have already contributed to showing a defect in the infrastructure of supply chains, as these conditions highlighted the importance of cooperation between all concerned parties in the sector, in order to find tools and solutions that would address deficiencies in the entire supply chain, thus enhancing Trade flows along its usual lines.

For his part, CEO of Operations and Technical Services at DB World, Mike Bhaskaran, said, "The uncertainty we are witnessing today makes trade more difficult, as it increases the disruption of links in supply chains."

He added, "It is important for freight forwarders to meet to take the initiative, to mitigate risks in order to build a more resilient future."

A new study issued by DB World, which included a group of global freight forwarders, indicated that about two-thirds of freight forwarders (63% of the study participants) consider that global inflation is the biggest future challenge that will affect global supply chains in the five years. coming.

On the other hand, the supply chain sector shows cautious optimism with anticipation of future changes, as 75% of respondents believe that technology is a major factor in providing solutions to problems facing supply chains.

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