Locus Aims To Be A Market Leader In The Healthcare Services Domain

Locus, a machine learning start-up, is helping companies across sectors automate their intra-city scheduled and on-demand delivery, thereby ushering a new paradigm in logistics solutions. Nishith Rastogi, Co-Founder and CEO, Locus, talks about the differentiators that his company offers, the challenges it seeks to address and changing trends in pharma logistics.

- Lakshmipriya Nair

As a logistics solutions company, how are you different from your counterparts? What are the three major differentiators that you have brought to the table?

Locus is a highly intelligent platform that focusses on decision making. We are not just a software developer but a squad with an ability of solving complicated operational challenges on ground. It is the first automatic dispatch engine to work on the ground and scale as per the industry's wants.

Our routing technology is easily adaptable to several verticals and use cases, right from moving people to packages. From cement to FMCG and the pharma industry where time is of essence, our platform can easily be scaled for cross industry disruption.

Locus’ planning engine concocts highly optimised routing while it envisages constraints like time, volume, etc., taking into account several variables, including real-time gridlock conditions.

What are the most pressing challenges that you seek to overcome in the logistics arena through your solutions?

Let’s categorise these challenges to decipher them better. Productivity vs time is a major challenge that needs to be addressed in logistics. The key current issue is under utilisation of space and resources. Dependency on human resources makes the entire operation sub-optimal. Inefficient logistics leads to increase in overhead and resource costs, which is an alarming sign. The product margins get squeezed and this can make organisations noncompetitive in the market.