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Start enquiryBosch and U.S.-based cloud provider Amazon Web Services (AWS) aim to improve efficiency and sustainability in the transportation and logistics industry. Their plan is to offer logistics companies and freight forwarders across the globe quick and easy access to digital services through a platform powered by AWS.
Executive Director, Bosch Limited, and Executive Sponsor of logistics platform business at Bosch
“The transportation and logistics industry is the backbone of the global economy. In the years ahead, it will have to shoulder continuously increasing transport volumes for goods and commodities while simultaneously reducing its carbon footprint. In collaboration with AWS, we want to help the logistics industry with this. We aim to ring in the future of the industry and drive forward its digitalization,” says Sandeep Nelamangala, Executive Director, Bosch Limited, and Executive Sponsor of logistics platform business at Bosch.
“Developing hyperconnected transportation functions is one of the most complex technical challenges of our time. That’s why we are working with a market pioneer such as Bosch to master these unique challenges,” said Kathrin Renz, Vice President, Business Development and Industries, AWS. “The digital marketplace will enable logistics customers to quickly transform their business into a fully digital end-to-end value chain. Customers will benefit from the tools, frameworks, and modules we offer for digitalization, in addition to improving the sustainability of their transportation processes.”
The transportation and logistics industry has been booming for years. During the Covid 19 pandemic, online orders and parcel deliveries saw another sharp increase, giving the industry a further boost. By 2030, global goods transport will grow more than 40 percent, and by 2050 this figure is even expected to exceed 145 percent. This growth is hitting a market that is highly fragmented globally – as well as struggling with various areas of inefficiency.
A few facts will illustrate this: More than 95 percent of the companies operating in this industry worldwide are SMEs. Approximately nine out of ten companies operate with fewer than five vehicles. Moreover, according to the goods transport statistics of Germany’s Federal Ministry for Digital and Transport (available in German only), more than 150 million trips are empty runs, which adds up to more than 6.5 billion empty kilometers annually, or more than 160,000 unnecessary journeys around the earth.
With its logistics platform, Bosch aims to provide a key solution for many of the challenges facing the transportation and logistics industry. The advantage of this platform is that it will create an entire ecosystem and a software environment in which freight carriers and forwarders can select, book, and execute different providers’ services to meet their specific needs.
The platform also allows for easy integration of applications that are already relevant to the market, for instance, in transportation management systems. Thanks to shared usage of data that is available through the telematics systems in commercial vehicles, for example from fleet management, it is also possible to link and allow interplay between different services from different areas. This makes it easier to leverage synergies.
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