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
Esta historia es de la edición September 2021 de Manufacturing Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 2021 de Manufacturing Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Precision Revolution
Exploring the fusion of Machine Learning and CAD/CAM Technologies, Shriyal Sethumadhavan delves into the transformative impact of AI integration in manufacturing.
Empowering MSMEs
In conversation with Amit Mande, Chief Revenue Officer, U GRO Capital
Fornnax unveils SR-200 HD recycling innovation
Fornnax Technology continues to expand its portfolio of high capacity lines and debuted an upgraded variant of primary shredder.
Transforming manufacturing and product development
India's manufacturing sector, currently contributing 17% to the GDP, is expected to be one of the key drivers of growth for the country.
Transforming E-commerce: How LLMs are changing visual content
LLMs reshape e-commerce with captivating visuals, balancing benefits and drawbacks of authentic content in the digital retail arena
An intelligent move
Dive deep into the future of manufacturing as we explore the transformative power of intelligent technologies revolutionising the industry.
Meeting India's data centre cooling demands
Schneider Electric inaugurates state-of-the-art cooling factory in Bengaluru
The gender matters of manufacturing
Does the manufacturing industry suffer from a gender gap?
Navigating India's manufacturing landscape
Jibak Dasgupta, Director General and CEO, Indian Machine Tool Manufacturers' Association's view on the influx of investments and the manufacturing landscape
A decade of 'Make in India': The foundation for building a manufacturing powerhouse
As India experiences profound economic growth, it has emerged as the second most sought-after manufacturing destination in the world, contributing 13.9%1 to the economy.