Digital Innovation in Maritime Supply Chains: Experiences from Northwestern Europe
Peer Reviewed
Date issued
Apr 2018
Subject
Innovation;
Technology Adoption;
Supply Chain;
Trade Facilitation;
Digital Transformation;
Maritime Transport;
Digital Technology
JEL code
G20 - Financial Institutions and Services: General;
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages;
G28 - Government Policy and Regulation;
L16 - Industrial Organization and Macroeconomics: Industrial Structure and Structural Change • Industrial Price Indices;
L25 - Firm Performance: Size, Diversification, and Scope
Category
Discussion Papers
This study examines 15 cases in Northwestern Europe where digital innovations have been developed to improve connectivity, visibility, and, therefore, performance in maritime supply chains. The solutions focus on smoothing cargo, document, or financial flow throughout supply chains. Given the importance of seaborne trade for countries in Latin America and the Caribbean, the efficient management of maritime supply chains becomes critical for such countries. To this purpose, this paper identifies best practices and lessons learned from analyzing the selected cases. We expect this paper to increase awareness of the relevance and need to strengthen the adoption of digital technologies for improved supply chain performance in the region’s public and private sectors.
