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You are here: Home » Business and Employment » Here are Some of the Top Trends that are Shaping the Shipping Industry

Here are Some of the Top Trends that are Shaping the Shipping Industry

March 3, 2020 1:23 pm

The shipping industry really is undergoing one of the most diverse and even far-reaching modifications in history. Shipping is no longer confined to a single country, it’s worldwide and this demands a huge level of transparency and quality. If you are interested in finding out how the shipping industry has changed then take a look below.

Customers are Demanding Accuracy

The shipping industry is seeing a huge rebound in multiple sectors. This includes the supply chain and the logistics industry as well. A lot of this is being driven by the customer’s need for better accuracy and quality. It’s not all about improving the customer experience though, there’s now much more of a move towards digitalisation and this is driving customer satisfaction overall. Better management of shipping means that less capital is being caught up in assets. Innovative solutions are also being released in AI and blockchain too, which will enhance customer experiences even more. An increase in shipping would also warrant an increase in the amount of containers that are purchased every year, from companies such as https://www.sjonescontainers.co.uk/container-sales/.

Source: Pexels (CC0 License)

Cloud-Based Infrastructure

The shift to cloud computing is nothing new at all, but it is becoming a must for those who work in the shipping industry. Every segment of the maritime industry is going to be moving data to the cloud and this includes port operators, shippers and end-service businesses. There is also going to be a huge range of data that can be deciphered and streamlined to make certain tasks even more efficient. The cloud-based infrastructure is going to offer several key benefits, and this includes the ability to provide a much better level of after-sales management and location-dependent access to a huge range of information.

Data will Improve Forecasting

One key hotspot in the shipping industry is being able to forecast the availability of a product and the overall accessibility of it. Being able to really predict needs is going to drive even more transparency across the chain in general. One of the main reasons for this is because the segments can be linked much more efficiently. There’s an increasing number of companies who work in the shipping industry and they are putting way more effort into forecasting so that they can reduce costs and so they can make sure that the supply chain is where it needs to be without having to oversupply.

Connected Chains will be More Flexible

By linking almost every aspect of the maritime and shipping industry, there’s going to be an improved level of communication. People, logistics systems, product management and more are all going to link together, plus, companies will now be able to offer a fully secured service by just getting a cheap courier insurance. When they are synced, this will create a desire and an end result. This links the IOT and big data together. Supply chains can easily transform this data and any other information into an improved level of product movement.

All in all, it would certainly seem like the maritime and shipping industry is changing and it’s certainly exciting to see how little changes can have such a huge impact in general.

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Author: Admin Charlie Founding member of MoonProject.co.uk

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