SPEEDCARGO’S DIGITAL TRANSFORMATION IN AIR CARGO INDUSTRY

Abstract

Air cargo business is complex and this paper seeks to explain why the operation of this industry is critical. As the leading digital provider of air cargo solutions, Speedcargo has recently embarked on a transformation process of these processes by leveraging on data. This paper aims at assessing the impact of Speedcargo on improving the air cargo through digital transformation. It demonstrates that the organization applies technologies such as artificial intelligence, machine learning, computer vision to manage products easily, increase capacity and productivity, etc. Performing a detailed case study analysis, this analysis highlights the practical benefits of Speedcargo’s digital solutions, including decreased levels of processing times, increased accuracy of cargo measurements, upgrades in load planning, and increased revenues. From a managerial perspective, the implementation of such technologies is essential for the companies who want to remain relevant in the constantly changing air cargo market. Through these advanced technologies, managers not only simplify processes, but also through the use of data, cut costs, increase the level of service, and efficiently allocate resources. Failure to adopt these solutions may entail a number of costs and lost opportunities in an intensifying data driven business world. In addition, the report synthesizes a larger snapshot of how digital transformation across Speedcargo creates value for the air cargo industry and demonstrates the underlying role of data in informing and reshaping conventional practices for a newer, intelligent, and innovative industry model.