Supply chain managers and corporate governance boards of large transnational shipping companies would be hard-pressed to identify just one nightmare scenario that keeps them up late into the night.
HERE Technologies, a global leader in location platform services, and Hanhaa, an internet-of-things innovator, have come together to solve the problem of supply chain visibility in the extremely fast growing and challenging supply chain markets that span the entire globe.
CallumHERE Technologies and Hanhaa announce strategic partnership
Bottom-line up front: The below article discusses, but summarizes here on behalf of the time-constrained supply chain manager, why it is important for all types of logistics companies, be they more traditional, steeped in tech, or a hybrid of either approach, to embrace the shift toward long-term research and development (R&D) initiatives funded largely by industrial super complexes, regional technology campuses, start-up incubators, innovation hubs, cluster initiatives, and, not to be forgotten, huge government contractors.
CallumWhat an increase in public R&D spending could mean for the logistics sector
In the world of logistics, boundaries are routinely being pushed to their breaking point, and beyond, every single day.
What was once considered impractical, unrealistic, impossible, or unprofitable now no longer seems to so in a world increasingly driven by commerce and controlled by pocket-sized tech intended to drive the connection economy forward at breakneck speed.