News / DHL and Huawei plan to give supply chain management a hi-tech facelift

Markus Voss (left) and Yan Lida (right)

Deutsche Post-DHL has signed a memorandum of understanding (MoU) with Chinese hi-tech manufacturer Huawei to develop Internet of Things (IoT) supply chain solutions.

DHL claims IoT could create $1.8 trillion in efficiency savings for the global logistics industry within the next eight years.

Chief operating officer of DHL Supply Chain Markus Voss said he expected spending on connected logistics to more than double between now and 2020.

“Many logistics providers, including DHL, have already begun to explore IoT applications – everything from enhanced asset tracking ...