How technology is affecting the state of logistics in India

by Ankita Sehgal Freelance Blogger, Lives in New Delhi

In laymen language, logistics management is integration and coordination of supply chains. Since logistics industry involves mass management of goods and resources, it is often prone to errors at most times. Though, things have drastically changed with the advent of technological advancements in supply chain management.

In a matter of almost a decade, technology has overhauled the entire scenario of logistics management. Be it the enhancement in logistics parks in India, supply chain competitiveness or increased efficiency in managing assets, things have never been so sorted in logistics ever before.

In order to create strategic opportunities for themselves, supply chain managers are very much keen on applying these innovative technologies on supply chains. However, the success of all these endeavors highly depends upon the availability of proper infrastructure, selection of right technological tools, and management policies as well. Here is how technological boom is affecting supply chains all over the world.

Big Data analytics

The word “Big data analytics” has been buzzing around for most logistics and field force management companies for quite some time. Collecting and analyzing gigabytes of data on daily basis is definitely a tedious task but with the rapidly evolving information architectures, management of supply chains can be easily simplified by using big data analytics tools.

Optimization of delivery routes

Logistics and field force managers have finally come to terms with the fact that door to door delivery can be improved by optimizing routes from the first mile to last mile. Logistics and supply chain companies in India are finally taking a break from age old traditional methods and taking leverage of latest technologies like real time fleet tracking, delay analysis, Geo-coding, and route mapping to save time and money.

Movement Monitoring

Supply chain managers are in much comfortable position than ever before as they have solutions to track and monitor their package movements. As logistics companies are encouraging the use of digitized methods like optimal time of arrival, delay mapping, and real time tracking, the operational efficiency has finally shoot up substantially.

Advent of crowd sourced logistics

There are several benefits that consumers and industries are enjoying after the dramatic rise in e-commerce sector but it has also increased the level of complications in logistics and field management services. The only way to handle such humongous rise in consumer demand is by accessing technological tools. Tools like big data analytics, Geo-fencing, and real-time tracking has helped the logistics managers to keep things under control. It has helped them handle first mile, line haul, and hub to hub management with much more precision.