WRAPPED AND DELIVERED

TECHNOLOGY ADOPTION AND COLLABORATIVE EFFORTS WRAP A PUNCH TO WIN FOR LOGISTICS IN INDIA

- MAT KHAN

JUST FOR THAT BRIEF PERIOD IMMEDIATELY following the pandemic; when logistic industry found itself not only overwhelmed by the disruptions but was left wide eyed at the rapid adoption of technologies by enterprises all around; the movers have taken to brisk reassessment of their business eco-system and are scouting and acquiring transformational technologies like never before.

It had to.

With Supply Chain and Logisitics (SCM) looking at a spend of about 14% of GDP on the industry, it is only natural it wouldn’t like to be caught bringing the tail of the country’s transformation stride.

Lalit Das, Founder and CEO, 3SC Solutions, puts it succinctly when he says, “The dangers of being very slow and cumbersome in a fast-paced and ever-evolving world has been recognised because business as usual is no more an option.”

Heads of supply chain and operations across industry verticals are grabbing the opportunity to rewrite the way they source and distribute products to meet what one PWC report flagged as disruptive customer demand of faster, flexible and extremely lowcost deliveries of goods. A hard self-critical look at the industry and its challenges, quick realisation among the people-who-matter of the need for collaborative efforts and eager adoption of technologies to meet the challenges are framing the way forward for the logistic enterprises in their business continuity plan.

TECHNOLOGIES - BUILDING EFFICIENCY