Supply-Chain Tech: Implications on the Logistics Industry

Sparkasse Bank Malta employs over 750 staff worldwide and is one of the largest retail banks in the former Yugoslav countries, having established a presence in Bosnia and Herzegovina, Croatia, Serbia, Slovenia, Macedonia, Montenegro and Kosovo.

Logistics and Supply-Chain

Supply-chain technology is not just about logistics. In the banking and capital markets world, there are different perspectives in terms of the interest of the financial institutions.

Sparkasse Bank Malta employs over 750 staff worldwide and is one of the largest retail banks in the former Yugoslav countries, having established a presence in Bosnia and Herzegovina, Croatia, Serbia, Slovenia, Macedonia, Montenegro and Kosovo.

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How has this changed over time?

Online commerce has been a game-changer in how we shop, and, while consumers now have greater choice and increased convenience, the prices are rarely any different from previous shopping trips. Delivery from online retailers has also improved markedly, with companies now delivering to even the remotest areas of the country.

Companies are doing more with less

Sparkasse Bank Malta: The complexity of our lives, along with a growing global population, demand faster delivery options and more efficient logistics. The technological aspects of these processes, such as 3D printing, robotics, autonomous vehicles and predictive analytics, are now advancing at an unprecedented rate. Companies have become more reliant on their logistics and supply-chain.

Technology for automating supply chains

You can be sure that the market for autonomous vehicles is huge, with many business sectors anticipating its arrival. Machine learning and artificial intelligence are just some of the underlying technologies that will underpin self-driving vehicles.

The State of the Industry

“A lot of speculation is driving it and a lot of it isn’t grounded in a strong sense of the real opportunities,” says Zeuthen, sitting in the boardroom of Sparkasse’s head office in the International Financial Services Centre (IFSC) in Malta’s capital city, Valletta. “We invest in a single idea that is not purely based on market-cap, but is fundamentally compelling. And if we think it’s fundamentally compelling, we spend the entire time debating whether this really is the right place for us to be.