In the logistics industry, the major concern always remains to determine the current and past location of freight, whether it was damaged in transit, as well as reporting their arrival and departure time. As the supply chain continues to expand, they become more and more complex. ‘N’ number of companies are involved in this process. Maintaining such complex data using traditional systems might slow down communication and consume a lot of time in tracking goods. This results in delay, inaccurate supply chains, errors, increased cost, security issues, and etc. Lack of traceability has become an industry-wide problem due to disjoint data systems and outdated paper processes.
Tag Archives: tracking consignments
Implement a Blockchain Powered Organization for your Port Logistics
In this digitally ever growing world, the port logistics and supply chains require a secure system that provides improved efficiency. The major issues faced in the logistics field include lack of security, sharing of data, document approval, and the inefficient handling of goods and containers throughout the supply chain. It also includes the ineffective