Freight & Logistics Family Dinner

Thursday, May 15, 2024 6:30pm ET
Cathedrale, 112 E 11th St, New York, NY

OMERS Ventures’ vertical software team hosted hosted a dinner to bring together emerging leaders, investors and experienced builders working in freight & logistics. What was immediately apparent was how, as a vertical, it's an incredibly varied and complex industry – ripe for both innovation and disruption.

Freight & logistics is one of the areas we identified as being a huge opportunity for innovation fueled by advancements in AI, and that was one of the top-of-mind topics of discussion around the table yesterday. Some of our other key takeaways:

The supply chain industry is full of inefficient workflows that cause specialized workers to waste their time on low-value tasks. ML improvements mean we can constantly be identifying new opportunities to win back the time of those workers and deploy it correctly

Freight and logistics is itself a highly differentiated vertical within the larger – but equally specialized – world of supply chain management. Solutions built for one don't necessarily work for the other

Visibility across supply chains and logistics flows still has major issues with information lag, imperfect data capture, poor analytics and a lack of predictive analytics

Thanks again to everyone who joined us – already looking forward to the next one! If you're building solutions to any of the above, or to any other pressing problems in freight and logistics, we'd love to chat so please reach out!