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Accelerated digitalisation is key to buttressing maritime supply chain resilience

August 24 , 2021

Source: DQIndia

The maritime trade industry is a complex behemoth. The industry transports more than 80 percent of global merchandise in terms of volume, and over 70 percent in terms of value. Between the sheer volume of cargo, the number of stakeholders involved, regional bottlenecks and global regulations, there are always a number of moving parts that require constant management and monitoring. This delicate balancing act has been further complicated by a global pandemic, adding pressure to an already stressed supply chain infrastructure. It’s understandable why the backbone of globalization once taken for granted is now getting its time under the spotlight.