Shared Models and Digital Transformation Driving the Development of the Greater Bay Area’s Logistics Industry
- December 29, 2023
The global logistics industry is undergoing a revolution, fueled by the catalyst of digital transformation and the rising prominence of e-commerce. As the digital age unfolds, the application of automation technology and equipment is reshaping the logistics experience for consumers and driving improvements in global logistics and warehouse operations.
Reitar Logtech group, in partnership with Zhuhai Gree Group and SmartMore Logtech, has introduced an innovative shared model called Warehousing as a Service (WaaS) in the Zhuhai Gree Guangdong-Hong Kong-Macao Comprehensive Bonded Logistics Industry Park project.
The primary objective of this collaboration is to establish a new channel for economic and trade activities across the Hong Kong-Zhuhai-Macao Bridge and create a logistics hub that facilitates cross-border businesses in the Guangdong-Hong Kong-Macao region.
Reitar Logtech group offers asset management services, including Warehouse Management Systems (WMS), automation equipment, and data analysis.
SmartMore Logtech has developed a “LogiBrain” solution, leveraging generative artificial intelligence and digital twin technology to achieve intelligent warehouse and transportation management. The comprehensive logistics solutions encompass predictive analytics, route optimization, inventory management, and transportation scheduling.
These innovative business models (WaaS) and technological applications (LogiBrain) empower the logistics industry to operate more efficiently, reduce costs, and enhance service quality. Not only does this inject a sense of excitement into the logistics field, but it also enriches our online shopping experience. Let us eagerly anticipate the continued transformation of the global logistics industry through these groundbreaking models, making our logistics journey even more seamless and convenient!
Understanding how the innovative business model complement digital transformation: https://bit.ly/3RYZiEx
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- Greater Bay Alliance
Asset partners comprise capital investors and real estate providers with financial resources and physical logistics properties such as warehouses, logistics centers, and distribution centers. Both parties are driven by achieving long-term stable returns and asset appreciation, but they may need more experience in operating logistics assets.
With the increasing demand for online shopping, the logistics industry faces significant challenges and opportunities. To meet the growing needs, logistics operators must invest substantial funds in acquiring new logistics equipment, such as automation, intelligence, and digitization, to enhance operational efficiency and service levels. However, such investments can be a significant burden for many logistics operators.
Logistics technology solution providers such as Lonlink Smart Storage Solution, CoEvolution Technology and logistics facilities partners contribute significantly to the smart logistics ecosystem.
The PLT platform brings together assets and logistics technology (PLT), using assets as the core facilitated by technology. Reitar partners with SmartMore Logtech to utilize innovative logistics technology, "LogiBrains" operating an extensive logistics network.