Cargo Talk Feb2021 (2) - Flipbook - Page 32
INDUSTRY OPINION
Automate to minimise
risk and build resilience
A positive outcome of the COVID-19 pandemic for the logistics and supply chain industry has been that the sector has gained
its long-due importance in the country. While it was earlier seen as a mere support service, it is now being considered a
significant sector.
discovers how supply chain leaders can minimise risk and maximise opportunities.
Kalpana Lohumi
Kushal Nahata
CEO & Co-founder, FarEye
ear 2021 will be a defining
year for the supply chain and
logistics industry. Industries across retail,
manufacturing, food chains, grocery
businesses, post and parcel companies,
and pharmaceutical firms will ensure
greater focus on supply chain resilience
and last-mile operations. Some trends
that emerged in 2020, like contactless
deliveries, curb-side pick-ups, ensuring
supply chain resilience, and bringing
inventory closer to customers, will
continue to influence the way businesses
define their logistics goals and drive
customer service. But, others that will
be equally significant are direct-toconsumer deliveries, autonomous supply
y
32 CARGOTALK
FEBRUARY - 2021
Embracing digital tools that enable real-time dynamic
routing, scale deliveries, boost driver productivity and
reduce delivery turnaround time will be the smart way
forward to build robust logistics operations
chain and logistics, loop optimisation,
environmental sustainability and
order consolidation.
In order to minimise risks and build
resilient logistics operations, delivery
stakeholders would need to increase
focus on predictive intelligence,
automation, real-time transportation
visibility, and customer experience.
Embracing digital tools that enable realtime dynamic routing, scale deliveries,
boost driver productivity and reduce
delivery turnaround time will be the
smart way forward to build robust
logistics operations. Machine learning
and predictive intelligence can be of
immense help when it comes to ensuring
scaling delivery operations. Leveraging
these
disruptive
technologies,
businesses can quickly and intelligently
outsource delivery to the nearest thirdparty delivery providers to ensure rapid
scale. It can also optimise delivery routes
depending on the number of orders
placed from a particular location.
www.cargotalk.in
