Kai Timmermann says the FMC’s “relatively standardized narrow dataset will solve a large portion of operational issues” in global shipping.
Supply chain digitization strategies impact shippers, carriers, 3PLs and consumers. Christian Piller, vice president of value engineering at project44, and Dolly Wagner-Wilkins, chief technology officer at Worldwide Express, discuss the benefits and challenges that digitization strategies bring.
While EDI is a standardized way of data transfer, API provides flexibility and allows companies to customize and call the data sets that they want whenever they want.
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Hapag-Lloyd believes that data standardization would help various stakeholders to collaborate together and improve the supply chain efficiency in the maritime industry.
Tiger Spider, a Australian transport engineering consultancy believes blockchain and data standardization would be integral to creating an efficient and profitable freight transportation system.
For widespread data openness and implementation, it is essential to develop data standards that are mindful of the collective interests of all the stakeholders in the freight industry.
