The use of artificial intelligence in the logistics industry is widespread. However, if companies remain stuck in their ways and solely focus on accumulating AI technologies, their competitiveness will inevitably decline. “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.

The Diversities of Smart Logistics:
In a broad sense, “Smart Logistics” refers to leveraging emerging technologies like artificial intelligence, big data, and the Internet of Things in logistics management and operations. The goal is to improve the automation, digitization, and intelligence of the logistics system, thereby achieving high efficiency, transparency, and sustainability.

In practical logistics supply chain applications, “Smart Logistics” is not limited to AI or machinery. It emphasizes solving the real needs of logistics operations, ensuring stable supply chain performance, and boosting efficiency. This means logistics operators need to select appropriate solutions based on their operating environment, not just rely on the latest technologies. They also need to achieve industry integration and standardization to succeed in “Smart Logistics” and enhance their competitiveness.

Standardization is Key for Smart Logistics Development:
To develop smart logistics, the industry first needs “standardization.” Reitar Logtech builds a “Smart logistics ecosystem” by integrating various stakeholders and promoting the closed-loop integration of capital, technology, and application scenarios. Establishing standards is crucial to guide the industry’s development, making logistics operations and processes more transparent and standardized – the foundation for stable growth.

The Benefits of Standardization:
i) Promotes information sharing and collaboration among logistics participants (operators, users, suppliers, etc.).
ii) Reduces logistics costs and improves overall supply chain efficiency.
iii) Provides a basis for regulators to formulate industry rules, supporting healthy development.
iv) Enhances the brand influence and competitiveness of logistics companies.

Integrating the Smart Logistics Industry Chain:
In addition to standardization, the smart logistics industry chain must be integrated, requiring the seamless connection of people flow, logistics flow, and capital flow. Only by thoroughly linking these three major processes can the comprehensive optimization of the intelligent logistics system be achieved.

Reitar is actively promoting intelligent logistics standardization and advocating the integration of people, goods, and capital flows. This involves integrating logistics resources, including financial services, technology, and operational methods, to drive the coordinated development of logistics, enhance transparency, and competitiveness, defining a new intelligent logistics landscape.

People Flow: The stakeholders in the logistics industry, such as operators, users, and asset owners.
Goods Flow: The circulation of goods and the management of supply chain operations, information transmission, and delivery monitoring.

Capital Flow: The flow of funds in logistics operations and supply chain transactions, including internal and external fund flows of logistics companies.

Driving smart logistics standardization and industry integration will not only help coordinate the entire logistics networks, but also improve transparency and competitiveness for the industry, laying a solid foundation for future development. Going forward, intelligent logistics will require not only smart technologies, but also the close collaboration of practitioners, policymakers, and researchers to establish industry standards. Only through joint efforts can a more efficient, flexible, and sustainable intelligent logistics ecosystem be built.

Stay tuned for the next installment, where we’ll explore the “most promising segments” in the “New Generation Smart Logistics Ecosystem” theme.