Corporate Blog

How Generative AI will Transform Supply Chain Industry

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If your supply chain isn't ready for GenAI, you've got a problem The genius of the Internet is that it's unbreakable. If an unforeseen event closes one route, data packets quickly find another. That hasn't been possible for logistics, until now. Just as TCP/IP revolutionized digital communications, making the Internet possible, GenAI will transform physical supply chains. It will enable logistics providers to optimize real-world processes, predicting demand more accurately, automating labor-intensive tasks and improving overall efficiency. It will provide the intelligence and agility required ...

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Uncovering hidden revenue leaks in ocean cargo

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Revenue leakage is a major problem in ocean cargo. From the moment a sale is made to an empty container being released for stuffing and its final delivery, there are multiple touchpoints where revenue and profitability are at risk. With forecasted container shipping revenues at US$327 billion for 2023 and revenue leakage estimated at 1-5% of EBITA by EY, the impact is significant. Uncovering these hidden leaks is essential to protect ocean cargo's bottom line and sustainability. But the financial upside isn't all that's at stake. Lost revenue ultimately affects container shipping's competitive...

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Three considerations for choosing the right payment orchestration platform for your travel business

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In today's fast-paced digital world, selecting the right payment orchestration platform is a critical decision for business operations and success. Finding a flexible platform that aligns with specific business needs and that can handle fluctuating transaction volumes and diverse payment methods is paramount. So, let´s explore three key considerations that businesses should prioritize when choosing a payment orchestration platform.  1. Global reach and payment diversity In an interconnected world, businesses are no longer confined by geographic boundaries. For companies eyeing global expa...

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The biggest advance in the hotel industry in the last ten years is surprising and unexpected

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From time to time, groundbreaking innovation arrives in surprising and unexpected ways. For example, in the 1950s, when we started sending rockets into space, we took for granted that the rocket went up into the sky on a one-way trip. On December 21, 2015, something fundamentally changed: Stage 1 of the SpaceX Falcon 9 rocket completed its descent and landed at Cape Canaveral Station. When that booster landed, vertically and intact, that event fundamentally disrupted the space industry with unprecedented economics, efficiency, and profitability. When Aaron Shepherd and his founding team at APS...

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How AI is revolutionizing operations and offshore logistics in the oil and gas industry

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With its ability to learn and deliver real-time analytics, AI's impact on offshore logistics in the oil and gas industry is immense. Companies operating in this space are leveraging AI to optimize supply chains and minimize downtime by ensuring resources are allocated productively. The data-driven insights and automation capabilities AI provides enable stakeholders with the information and tools they need to enhance decision-making, improve safety, increase efficiency, and reduce emissions. AI´s transformative power on offshore logistics can´t be overstated, including: Automated supply chain m...

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