Everyone has supply chain data, but not everyone has the right type of data or the right quality of data, for the purpose they want. In an increasingly digitized world, the data availability and quality, are somewhat improving, but the complexity to extract the right set of data has increased.
In a previously unheard move, more and more companies are answering the supply chain crisis by building up their own logistics capabilities which might fuel the need for modern supply chain software products.
Every month we interview a European Supply Chain Management startup to shed some light on its business, provide a platform for visibility and overall support the European Supply Chain Management startup ecosystem. This time we interviewed Svilen Rangelov, CEO and co-founder of DRONAMICS, headquartered in London, UK. DRONAMICS is to democratize airfreight and lower the cost of shipping everywhere. To achieve this, they are developing a new type of cargo airplane – small, unmanned and extremely fuel efficient.
The exchange of goods is growing worldwide in the course of globalisation and the logistics industry is an important reason for Europe-wide prosperity. Trade and transport routes are reliably mastered and therefore also stand for global economic networking. However, logistics and transport not only cause prosperity, but also CO2. With a share of 23 percent of global CO2 emissions, the transport and logistics sector bears a special responsibility in the fight against climate change (IPCC, Working Group III Report, May 2007).
The spread of the Covid-19 pandemic has caused an external shock to the global economy and interrupted the supply chain in nearly every industry. The pandemic is a power boost for digitalization of supply chain management tools and accelerates trends that were already forming the future of a market. Supply chains are the backbone of the global economy, which so…