Every loud has a silver lining and certainly a setback in many aspects such as the current pandemic is no exception. Digitalization in the time of Covid-19 has certainly accelerated and shown its value in weathering the storm. Certainly these are times of opportunity in the ocean economy and data is as usual the new gold.
Real-time data on the whereabouts of goods in transit has proved useful during the coronavirus pandemic and will speed up the digitalisation of logistics processes across industries, according to a global chemicals producer and logistics executives.
Such data has been key to Germany-based Covestro’s ability to carry out contingency planning and make decisions with make-or-break consequences quickly in unusual circumstances.