• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Digitalization Key to Reducing Losses in Pakistan's Logistics Sector

Digitalization Key to Reducing Losses in Pakistan’s Logistics Sector

02/21/2025
NUTRITECH NUTRITION: Leading the Fight Against Malnutrition in South Asia

NUTRITECH NUTRITION: Leading the Fight Against Malnutrition in South Asia

06/17/2025
FlavAir StyX from Denmark’s Considaret Clk Group Expands Worldwide with Natural Anti-Addiction Filters

Considaret Clk Group Denmark Nominated for Go Global Awards 2025

06/17/2025
FlavAir StyX from Denmark’s Considaret Clk Group Expands Worldwide with Natural Anti-Addiction Filters

FlavAir StyX from Denmark’s Considaret Clk Group Expands Worldwide with Natural Anti-Addiction Filters

06/17/2025
Trump Signals Unilateral Tariff Rate Plans as Deadline Nears

Trump Signals Unilateral Tariff Rate Plans as Deadline Nears

06/16/2025
EU Sets New Tariffs on Russian, Belarusian Farm and Fertiliser Imports

EU Sets New Tariffs on Russian, Belarusian Farm and Fertiliser Imports

06/16/2025
Trump’s Investment Claims Face Scrutiny Amid Tariff Policy

Trump’s Investment Claims Face Scrutiny Amid Tariff Policy

06/16/2025
Japan PM Ishiba Attends G7, Set for Key U.S. Tariff Talks

Japan PM Ishiba Attends G7, Set for Key U.S. Tariff Talks

06/16/2025
Westports to Benefit from Port Klang Tariff Hike Amid Trade Challenges

Westports to Benefit from Port Klang Tariff Hike Amid Trade Challenges

06/16/2025
US Inflation Rises Slightly in May as Tariffs Influence Prices

US Inflation Rises Slightly in May as Tariffs Influence Prices

06/13/2025
Expanded U.S. Steel Tariffs to Include More Household Appliances

Expanded U.S. Steel Tariffs to Include More Household Appliances

06/13/2025
U.S. Expands 50% Tariffs to Imported Appliances Starting June 23

U.S. Expands 50% Tariffs to Imported Appliances Starting June 23

06/13/2025
Tariffs Raise Concerns Over Canned Food Prices

Tariffs Raise Concerns Over Canned Food Prices

06/13/2025
supplychainreport
Tuesday, June 17, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Digitalization Key to Reducing Losses in Pakistan’s Logistics Sector

by Geraldine S.
02/21/2025
in Logistics & Transportation

The Australian and South Australian Governments have announced a multi-billion-dollar package to support Whyalla Steelworks, aiming to safeguard jobs and ePakistan’s logistics industry faces estimated annual losses of $36 billion due to reliance on offline trade, highlighting the urgent need for digital transformation, according to experts at the Pakistan Logistics & Shipping Summit 2025: Navigating Global Trade Dynamics. The event, organized by the Smart Entrepreneur Society (SES), brought together industry professionals to discuss strategies for modernizing the sector.

Speakers emphasized that real-time digital solutions, including tracking and automated processing, are critical for improving efficiency and competing in global markets. While government agencies have adopted real-time systems, approximately 70% of private sector logistics operations still rely on manual processes, creating inefficiencies in trade and supply chain management.

YOU MAY ALSO LIKE

Rich Freight Services Limited Elevates Global Logistics with Over a Decade of Excellence

Rich Freight Services Ltd Earns Nomination for Go Global Awards 2025

One of the key challenges identified was the imbalance in foreign trade, with only 40% of imported containers returning as exports. Experts stressed that increased digitalization and automation could help streamline cross-border trade, enhance supply chain integration, and improve profitability.

Professor Tahir Mahmood Chaudhry, Executive Director at DHA Suffa University, noted that an integrated supply chain could boost productivity and profitability by up to 70% and 90%, respectively. He pointed to global e-commerce leaders like Amazon and Alibaba as examples of successful digital transformation, urging Pakistan to follow suit with supportive infrastructure and regulatory frameworks.

Asif Pervez, Founder and CEO of Galaxefi Solutions Private Limited, highlighted the role of digital platforms in increasing transparency and reducing inefficiencies. He noted that initiatives like Digital Pakistan, Uraan Pakistan, and Pakistan Single Window (PSW) have streamlined trade-related processes by digitizing over 70 government agencies. However, challenges remain, including slow adoption of digital systems by small and medium-sized enterprises (SMEs) and other stakeholders.

Galaxefi’s newly launched platform aims to enhance trade efficiency through real-time tracking and automated documentation. It is expected to increase Pakistan’s export capacity by up to 0.5 million TEUs by 2026.

Amar Ahmed Mir, Domain Officer at PSW, reinforced the importance of real-time systems in digitizing international trade, stating that PSW continues to support private sector integration. Similarly, 1Link CEO Najeeb Agrawalla stressed the need for Pakistan to accelerate its digital transformation to remain competitive in the global economy.

SES Founder and Chairman Mehtab Hussain Baloch concluded that fostering collaboration among industry stakeholders is essential to overcoming challenges and achieving a fully integrated supply chain.

Explore the newest supply chain news at The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#LogisticsNews #DigitalTransformation #SupplyChainInnovation #PakistanTrade #Automation

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.