The Problem(s): In the transportation industry, Billions are tied up in disputes for payments every day. For an average invoice, a company has to wait 42 days before receiving payment. Many businesses have millions of dollars tied up in their accounts. In addition, processing and administration costs account for 20%
Gulf Cooperation Council (GCC) have experienced immense growth in the last few decades due to the large gas and oil reserves in the region. The governments in the countries have also played a key role in diversifying the economies through increased spending in other sectors other than oil and gas.
Logistics is an essential aspect of any business, involving the planning, implementation, and control of goods’ movement from one point to another. In Saudi Arabia, logistics can be categorised into three main types: domestic logistics, international logistics, and cross-border logistics. Each type has unique characteristics distinguishing it from the others.
The logistics industry in Saudi Arabia is one of the most important sectors of the country’s economy. It is responsible for the transportation, storage, and distribution of goods and services throughout the country. As such, it plays a vital role in ensuring that businesses and consumers have access to the
One of the main drivers of Saudi Arabia’s economic growth, the logistics sector faces multiple barriers to smooth operations. Overcoming obstacles such as complex legal frameworks, geopolitical dynamics, and infrastructure limitations is essential to maintaining an effective supply chain. This article explores the issues the Saudi Arabian logistics industry is
The survival of any corporation depends on sufficient logistics management in today’s quickly changing business environment. Digital solutions that provide real-time tracking, enhanced transparency, and streamlined operations are replacing traditional logistical methods. The usage of digital logistics platforms is one such development. These platforms use technology to improve communication, facilitate
Digitisation is indeed the future. It is the future that motivates efficiency and productivity. In this article, we have discussed the crux of digital logistics. The article analyses the national transport logistics strategy program and how Saudi Arabia will adapt to this change. It also explores the advantages Suadi will
Blockchain as a technology is the future of modern logistics committing transparency. It can leave positive impacts on the logistics world. It promises security, productivity, and revolution in the method of good transportation worldwide. Introducing blockchain in logistics can create a new trend in the logistics world. This duo can
In the era of global shipping, the responsibility for smooth and quick deliveries of goods is done by logistics. Logistics is the right hand of the supply chain network. Logistics have experienced a transformation after bringing an immediate tracking system into the supply chain. It has increased the productivity and
The world is fully interconnected, which is why businesses are also connected globally with each other. Every business wants to be productive, smooth, and transparent. However, digital logistics is the best way to improve these features. Businesses can easily attain these goals by introducing advanced technology into their companies. This
