AIR cargo must model itself on the US$1
AIR cargo must model itself on the US$1.7 trillion global defence sector, if it is to thrive in the modern age, says OMX Founder and 'Dragon' Nicole Verkindt, reported the American Journal of Transportation. Strong collaboration and visibility, as well as the embracing of digitisation, are all concepts the military has long learned to master, and air freight could easily apply many of those lessons due to the similar nature between the two industries, she said ahead of TIACA's Air Cargo Forum this October in Toronto.
Ms Verkindt, who appears on the Canadian series 'Next Gen Den Dragons', was speaking ahead of her taking part in a panel exploring digital transformation, at TIACA's 2018 Air Cargo Forum October 16-18.
'The defence and air freight sectors have a lot in common - both have huge supply chains that span the globe, both contain an increasing number of moving parts, tiers, and suppliers, and both are established industries that are still in the process of transitioning to digital solutions,' she said.
'As supply chains become increasingly globalised and fragmented, there are more moving parts, which means more chance for error. It can be difficult to align an organisation, let alone an entire supply chain, but it's not impossible and the benefits are overwhelming.'
Since founding OMX, a procurement network and supply chain platform, Ms Verkindt has worked closely with the defence sector and now works with some 160,000 companies, which also span the energy, infrastructure, aerospace, and air freight industries.
