Evolving customer expectations and an increase in logistics challenges is driving the need for supply chain leaders to offer more innovative and robust logistics solutions.
Dubai - United Arab Emirates: 20th November 2024: Supply chains will not survive unless they meet the changing demands of the customer. That was the message from the global trade and logistics giant DP World, which believes that the new-world demands coming from consumers and retailers is driving change amongst cargo owners, which is forcing them to look at more creative options for transporting goods.
The call came during the company’s annual Global Freight Summit, which saw 10,000 logistics professionals discuss concrete actionable solutions to the major challenges affecting global trade. During the Summit businesses were urged to innovate, offer a ’hyper-personalised’ approach to customer demands and partner with firms who can deliver those solutions to build resilience at a time of global uncertainty.
Leaders also underlined the importance of technology in building supply chain resilience to navigate the road ahead. By 2030, the market for AI in supply chains is expected to reach $41.23 billion, driven by the need for improved efficiency and the ability to manage complex logistics operations. Experts highlighted the role of AI to drive positive change, enabling time reductions, cost savings and reducing risks across the whole operation.
A host of renowned thought leaders from various sectors addressed the audience, including the 12th President of the World Bank Group, Jim Yong Kim, celebrated US data scientist Rumman Chowdhury, Chief Executive Offer of Capital A, Tony Fernandes, Co-founder of Wikipedia, Jimmy Wales, as well as leaders from the supply chain, including representation from DHL, Maersk and Hapag-Lloyd.
The expanded third edition of the Global Freight Summit 2024 took place from 18th - 20th November and was attended by industry leaders from more than 155 countries
Follow DP World on:
X (Twitter): https://twitter.com/DP_World
LinkedIn: https://www.linkedin.com/company/dp-world
About DP World
Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.
With a dedicated, diverse and professional team of more than 115,000 employees from 160 nationalities, spanning 78 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.
We’re rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.
What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.
WE MAKE TRADE FLOW
TO CHANGE WHAT'S POSSIBLE FOR EVERYONE.
B-roll and other materials including images will also be made available on Red Robots MediaGRAB: https://mediagrab.press/presskit/DP%20World
Broadcasters Contact: malcolm@redrobot.org
THIS IS A VIDEO NEWS RELEASE - RED ROBOT LTD ACCEPT NO EDITORIAL RESPONSIBILITY FOR THE ENTIRE CONTENT OR INFORMATION RELATING TO THIS VIDEO NEWS B-ROLL, INCLUDING ALL CLAIMS, NAMES, DATES, SCRIPTS, ADVISORIES AND COPYRIGHTS.
THE END USER ACKNOWLEDGES THAT IN CONTINUING TO VIEW THIS CONTENT THE END USER ACCEPTS THAT RED ROBOT LTD EXPRESSLY EXCLUDES ALL LIABILITY FOR AND SHALL HAVE NO LIABILITY FOR THE CONTENT INCLUDING BUT NOT LIMITED TO THE FOLLOWING:
THIS IS A VIDEO NEWS RELEASE - RED ROBOT LTD ACCEPT NO EDITORIAL RESPONSIBILITY FOR THE ENTIRE CONTENT OR INFORMATION RELATING TO THIS VIDEO NEWS B-ROLL, INCLUDING ALL CLAIMS, NAMES, DATES, SCRIPTS, ADVISORIES AND COPYRIGHTS.
THE END USER ACKNOWLEDGES THAT IN CONTINUING TO VIEW THIS CONTENT THE END USER ACCEPTS THAT RED ROBOT LTD EXPRESSLY EXCLUDES ALL LIABILITY FOR AND SHALL HAVE NO LIABILITY FOR THE CONTENT INCLUDING BUT NOT LIMITED TO THE FOLLOWING:
* EDITORIAL CONTENT
* ACCURACY OF REPORTING
* ANY BREACH OF INTELLECTUAL PROPERTY RIGHTS
* TECHNICAL QUALITY
* ANY POST DISTRIBUTION MANIPULATION OF THE CONTENT
* ANY PRESENT OR FUTURE USE OF THE CONTENT FOR ANY PURPOSES NOT INTENDED BY THE DISTRIBUTOR
Speaker interviews and GVs:
1. H.E. Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World
2. Jim Yong Kim, 12th President of the World Bank
3. Rumman Chowdhury, US Science Envoy, and Co-founder, Humane Intelligence
4. Victor Ponta, Former Prime Minister, Republic of Romania
5. H.E Mrs Rosalia Arteaga Serrano, Former President of Republic of Ecuador
6. H.H Prince Michael von Liechtenstein, Founder and Chairman, Geopolitical Intelligence Services
7. Parag Khanna, Leading Global Strategy Advisor and Bestselling Author
8. Lars Jensen, CEO and Partner, Vespucci Maritime
9. Michael Bhaskaran, Group COO, Digital Technology, DP World
20 November 2024
