Jeff Pan, former CPO of Teleport, highlighted inefficiencies in the air cargo industry, noting that airlines often leave 85% of their cargo space unused. This underutilization presents a significant opportunity for improvement, as exemplified by AirAsia’s revenue growth from $20 million to $200 million through advanced cargo solutions. Emphasizing the shift towards modern technologies, he pointed out the importance of breaking free from vendor lock-in, which hinders innovation. With the integration of AI, IoT, and predictive analytics, the industry can enhance operational efficiency and better navigate disruptions in a rapidly evolving logistics landscape.
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