Technology and strategies drive risk management in the transportation and supply chain

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Technology and strategies drive risk management in the transportation and supply chain

At a time of unprecedented digital transformation in the transportation industry, risk management in the supply chain is a cornerstone for maintaining optimal and sustainable operations, especially in countries like Mexico where cargo is at a high risk. According to a global study on supply chain risk management, disruptions have increased by 40% in the past three years, warning of the need for effective strategies.

Renowned experts in the industry like Enrique Schleske D Sanofi, Carlos Ramos La Comer et al Rafael Aguirre Kehne + Nagelin acknowledges the urgency of reducing risks and strengthening resilience throughout the supply chain. Silesia Warns that technology adaptation is key Ramos Highlights the importance of identifying critical areas and developing effective solutions.

RFID technology is emerging as a game-changer in the automotive industry, providing complete visibility across the supply chain. According to Zebra’s Automotive Ecosystem study, 73% of business leaders consider it important to integrate more digital technologies. This evolution towards digitization becomes imperative in the context of increasing demand for transparency and efficiency.

From warehouse to last mile

HCLTech, a world-renowned technology company, opens a state-of-the-art cyber security center in Guadalajara, Mexico. Pablo Gallegos, VP for HCLTech in Mexico. Supported by Universal Managed Detection and Response (UMTR), the facility focuses on proactively detecting and mitigating cyber risks, integrating the digital security posture both domestically and globally.

Cyber ​​security

Wialon, a leading fleet management, telematics and IoT platform, recently revealed the top 10 GPS hardware manufacturers for 2023. For the fifth year in a row, Teltonika Telematics topped the rankings, highlighting its Teltonika FMB920 device as the most popular device of the year. With more than 132,000 connection events, it reaffirms its position as the undisputed leader in GPS tracking devices worldwide.

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Starting with Teltonika Telematics, NAVTELECOM, Queclink Wireless Solutions, Shenzhen Jimi IoT Co., Ruptela, Suntech International, GLONASSsoft, Sensata INSIGHTS, FleetGuide and ERM Electronic Systems LTD, these all make a significant contribution to any supply chain.

Urgency in risk management

All of these technologies are interacting in the security of many countries, such as Mexico, where a 6.7% increase in crimes against carriers by 2022 highlights the urgency of risk management. The supply chain visibility and risk management solution overhaul underscores the importance of prevention and adoption of advanced technology to reduce opportunities for attack.

Technology and efficient fleet management

George De Laura, General Director of Fleet & Mobility at Edenred, identifies three keys to intelligent fleet management. Highlighting the role of technology in reducing carbon footprint and promoting sustainable practices. Likewise, it emphasizes financial efficiency through digital solutions and improved safety through digitalization of fleet management.

The technological revolution is not just a trend, but a pressing need in the world of transportation and supply chain. Adaptability and adoption of innovative technologies are essential to ensure continuity of operations in an environment marked by uncertainty in countries such as Mexico. The future of supply chain and transportation is written in binary code and lies in the hands of visionary companies and leaders.

Antonio Vargas H

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