Page 18 - TLND2021_24Sept
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 The industry digital guide acts as a roadmap that will provide support to SMEs on their digitalisation journey across three stages: 1) getting the digital economy ready, 2) growing in the digital economy, and 3) leaping ahead.
Stage 1:
Getting the Digital Economy Ready
The first stage identifies ready-to-go digital solutions to help SMEs in the logistics industry to streamline their business processes and boost efficiency. Integrated solutions will help digitalise business operations while optimising existing resources.
Logistics solutions include:
• Integration of freight management
Tools that will digitise the data from freight forwarding operations related to shipments made by air, water, or land for import and export. This will enable companies to handle an increased number of transactions and help them to respond to changes in business by reuse of data related to shipment and trade.
• Integration and optimisation of fleet
Solutionsthatenablethetrackingoffleetin real-time, to help in monitoring and optimal allocation of fleet.
• Management of driver behaviour
The use of video recordings and sensors for recording data of driving patterns to improve safety while driving, resulting in fewer accidents and reducing insurance costs.
• Optimisation of routes
Tools that are able to analyse toll charges, conditions of traffic, load capacity of vehicles and use these insights to direct
transport vehicles to the best possible routes. The benefits of this include reduction of operating overheads and optimum use of assets due to decreased distance traveled and lesser time between stops.
• Management of warehouse and inventory
Tools that will enable the tracking of stock levels, locations and movement, and the availability of warehouse space in real- time. This will ensure optimum use of space, resources and assets, and prevent losses arising due to wastage created by product expiry or excessive stocking.
Stage 2:
Growing in the Digital Economy
The second stage provides more advanced digital solutions that companies could leverage to digitally connect with business partners within the industry’s ecosystem, to improve business collaborations and allow for more comprehensive service offerings through resource and demand aggregation.
The service offerings include:
• B2Be-payment
The use of e-payment for transactions which will help to avoid unnecessary time and resources spent on activities related to cash and cheque transactions. This will enable quick updates of all financial dealings and ensure better flow of cash due to speedy settlements.
• Integrity management of supply chain
The use of sensors to check and gather information on the environment while goods are being moved, to aid in the transportation of goods that are perishable or dangerous.
• Federated lockers network integration
The utilisation of open access Federated Lockers network to meet the increasing needs of e-commerce. This will help to avoid traffic congestion during peak hours and optimise the use of resources.
• Digital economy platforms
* In-mall distribution channels that utilise the in-mall distribution services for goods and/or products, to maximise the last mile delivery to malls. This will help companies to be more productive with decreased turnaround time for trucks undertaking deliveries into malls.
* Resource aggregation platforms that can help in the collection and sharing of resources such as workforce, fleet, or cargo space.
* B2B Trade facilitation platforms that will enable the electronic flowing of data among trade partners and their related agencies during international import/ export shipments and declarations. The improved flow of data and trade processes will help businesses to be more efficient, resulting in less reliance on the workforce and fewer mistakes during data entry.
Stage 3:
Leaping Ahead
The third stage outlines digital solutions that maximise a company’s resource value with advanced automation technologies. This involves harnessing information from aggregated data and making more well-informed business decisions.
Advanced automation technologies include:
• Automated warehouse operations
The utilisation of robotics, sensors and Automated Storage and Retrieval Systems

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