FLAIR and Reitar reached the collaboration agreement to promote the Logtech application
- June 16, 2023
FLAIR hosted its first open day on June 15th, which featured a seminar titled “Emerging Technologies Empowering New Industrialization” and a signing ceremony for cooperation agreements with seven leading research institutions and enterprises. (Included Reitar Logtech Group and SmartMore Logtech Group)
The event was attended by more than 100 representatives from the government, industry, academia, and research institutions, including Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry Bureau.
FLAIR aims to leverage its technological strengths, extensive network, and research and development capabilities to support Hong Kong’s ambition of becoming a global hub for innovation and technology.
The partnership between FLAIR and Reitar will facilitate the promotion and development of Logtech in the logistics industry and foster innovation within the sector.
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RBF is increasingly becoming a key driver in the smart logistics sector. This model not only alleviates companies' financial pressures but also fosters innovation and market expansion.
The logistics industry is currently grappling with significant challenges, including business expansion, technology upgrades, and supply chain management. As companies strive to upgrade to smart logistics level, there is an urgent need for substantial financial support. One solution gaining traction is Revenue-Based Financing (RBF), which offers a flexible approach to cash flow management.
At the core of smart logistics development, the strongest driving force is undoubtedly " Capital flow ".
"Smart Logistics" should be about enhancing the stability of the supply chain and achieving smooth operation of the logistics supply chain, with AI as just one component.