Digital evolution in air freight industry gaining momentum in COVID-19 phase

Digital evolution in air freight industry gaining momentum in COVID-19 phase:
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26 May 2020:Calling the COVID-19 phase as the digital evolution phase in aviation industry Ashok Rajan, SVP & Head of Cargo & Logistics, IBS Software said, “The digital evolution across the air freight industry is gaining significant momentum and at IBS Software we are convinced that over the next few years it will transform the way we do business. Digitalization in the sales and quotation function facilitated through digital sales channels will bring in greater transparency, improve responsiveness, and bring better value to the end customer. We are delighted to partner with innovative providers such as WebCargo to make such capabilities easily accessible to our airline customers.”

WebCargo is used on a daily basis for air freight quoting by 18,000 monthly users log-in across 1,900 forwarders who collectively run nearly a million air searches every month.

Manel Galindo, CEO of WebCargo, said, “35% of all global imports by value arrive by air, yet the vast majority of airlines don’t have automated prices today. WebCargo has been transmitting air cargo rates globally for over a decade, giving us access to the largest network of airline rates in the world. Partnering with industry innovators like IBS Software is part of our comprehensive strategy to digitize the entire air cargo value chain and make air cargo better and quicker.”

This move will help airlines digitize faster by removing the barrier of expensive and cumbersome internal procedures, and would greatly facilitate faster and more efficient movement of supply chains at a time when the world is grappling with the killer coronavirus.

In today’s world affected by COVID-19 faster business with digitized cores are important for a robust supply chain. Real time distribution and pricing will only help the airlines meet the demand.

Therefore, third party integrations like this are what will help the air cargo industry leapfrog its digitization efforts and thrive in today’s volatile world.