The road to tech overhaul of the supply chain is one marked with several changes over the coming years. But, 2017 is going to be a milestone year in the march towards complete tech integration. Right from the cost issues to inefficiency in the processes, there are numerous gaps within the system that need to be filled in order for the sector to realize its potential efficiency.
The logistics industry has been going through a slump over the past couple of months owing to the cash crunch brought along by demonetization. When it all began, the nation was awestruck by the haste with which the government went ahead with the decision. While this was seen as a great move against black money hoarders, the cash crunch afterward also brought along quite a few issues within the sector.
Supply Chain Management is one of the essential functional areas that is part of every manufacturing-distribution process. Supply Chain Management, in its all-encompassing form, includes every aspect of goods handling post the manufacturing process. Enhancing the supply chain management process has direct positive impact on the logistics process as well.
The movement of freight is an ongoing process that most businesses have to deal with on a daily basis in India. Right from small businesses to large corporations, logistics processes play a significant role in the overall efficiencies. The segment of logistics marketplaces is based off on the concept of collaborative structures that rely on matching availability with the requirement.
Mobile apps are the new rage these days. But, how exactly are they going to change the future of an industry as complicated and inefficient as logistics? Let us consider.