Cargo Talk Feb2021 (2) - Flipbook - Page 34
INDUSTRY OPINION
Krishna Khandelwal
Mradul K
Chief Business Officer, Locus
VP, Global Sales and Strategy
LogiNext
he COVID-19 pandemic has pushed
supply chain leaders to rethink
their strategies. Supply chains in 2021
will become more reactive than predictive.
With growing dynamism in demand,
there isn’t another way out, and supply
chains have to be agile in order to cater
to the changing needs. We also believe
that companies will be more open to
technology solutions and be more willing
to experiment on their network design
overall, given the emergence of new
fulfilment models and increasing market
expectations. More importantly, green
logistics will become a mainstay. Right
from environmental-friendly packaging to
the use of electric vehicles, companies will
do their best to combat the environmental
impact of logistics.
t
Companies can no
longer work with the
age-old pen & paper
method. Leaders need to
use the power of Big Data
and Artificial Intelligence
to revolutionise the
supply chain
To minimise risk and maximise opportunity,
one has to spark a digital transformation
in their organisation. Businesses need to
integrate data analytics and supply chains
to provide much better traceability and predictability. Companies can no longer work
with the age-old pen & paper method. Leaders need to use the power of Big Data and
Artificial Intelligence to revolutionise the supply chain.
34 CARGOTALK
FEBRUARY - 2021
he pandemic has definitely
accelerated logistics automation,
and we are going to see a lot of
innovations in supply chain visibility and
tracking, and driver safety and compliance
trends. Year 2021 will also be the year
where we focus on delivering solutions
that improve the customer experience,
and increased visibility on that front.
Additionally, a key focus area will also
be that of total consolidation, which is a
strategic imperative where leaders need
to rethink their entire delivery operations
with the simple goal of – do more (and
make more) with less.
t
Knowing where
equipment or material is,
what are the exact ETAs,
where exactly the drivers
are, ensuring driver safety
and maintaining SLAs,
sustainability - all this is
possible if one invests
in technology
If there’s one thing that 2020 taught
supply chain leaders, it is the importance
of visibility and track-ability of supply
chains along with a seamless customer
experience. Knowing where equipment or
material is, what are the exact ETAs, where
exactly the drivers are, ensuring driver
safety and maintaining SLAs, sustainability
- all this is possible if one invests in technology and plans out a seamless supply chain
keeping the next decade and possible disruptions in mind.
www.cargotalk.in
