The logistics sector in the Middle East is growing rapidly, with the market expected to reach $66.3 billion by 2026, driven by growth in e-commerce, trade and regional infrastructure development.

SMART Souq, the world's first AI-powered marketplace, combines the power of AI and network effects, to enable logistics companies to optimize operations, improve supply chain visibility, and improve collaboration with partners and customers. Through predictive analytics, real-time data insights, and automation, logistics companies can improve delivery accuracy, streamline inventory management, and reduce operational bottlenecks.

As the logistics sector grows in the Middle East, the need for digital platforms to streamline operations becomes crucial. SMART Souq provides the technology foundation to support this expansion, enabling logistics companies to leverage AI to improve growth, operational efficiency and customer satisfaction.

Key benefits for logistics

AI-powered predictive analytics

The AI engine of SMART Souq examines large data sets to predict demand trends, estimate delivery times, and improve routes for logistics companies to effectively manage resources and address challenges proactively.

Improved supply chain visibility

The AI marketplace utilizes technology to monitor shipments, inventory, and fleet activities in real time, offering full visibility throughout the supply chain, resulting in fewer interruptions and better organization.

Automated workflow management

SMART Souq streamlines essential logistics procedures from handling orders to delivering, monitoring shipments, and handling returns, enabling efficient and accurate operations with decreased manual involvement and operational mistakes.

Optimized resource allocation

AI algorithms help logistics companies optimize vehicle management, warehouse operations and labor allocation, thereby ensuring efficient use of resources, reducing costs and minimizing waste.

Collaboration across the supply chain

SMART Souq Marketplace facilitates smooth cooperation among manufacturers, distributors, retailers, and logistics providers, establishing a unified platform that enhances communication, minimizes obstacles, and boosts overall productivity.

Data-driven decision-making

Businesses can leverage SMART Souq analytics to make informed decisions about inventory levels, optimize delivery routes and schedules, ensuring businesses can adapt quickly and effectively to market fluctuations.

Scalable for growing operations

As the logistics industry grows in the Middle East, SMART Souq’s scalable cloud infrastructure ensures that logistics companies can expand without adding complexity, making it easier to handle larger volumes and new regions.

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GITEX Global 2024