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Cover Story
Indian Logistics
Especially in the last
mile, express delivery is
increasingly becoming
important wherein we
are already eyeing for
the drone deliveries to
kick in.
Nilesh Ghule
TruckBhejo
to strengthen supply chain resilience
and optimize last-mile logistics.
“Supply chain brands have faced
some typical challenges this year
such as port congestions, sourcing
difficulties, changing customer buying
behaviours, and inaccurate demand
forecasting. Moving forward, while
supply chain resilience and green
logistics continue to be vital for supply
chains, brands will also invest a lot in
supply chain automation and use tech
to plan and manage last-mile fulfilment
more cost-efficiently," he added.
The chief data scientist of Locus, transportation sector. Even though He opines that logistics
Shantanu S. Bhattacharyya has noted there was no standstill disruption, marketplaces have been hugely
some of the interesting developments in there has been a lot of pressure successful in developed markets, and
the technology side of logistics. from the markets to streamline and it is now time that the Indian trucking
"Going forward large language optimize the supply chains. industry also undergoes a similar
models (machine learning algorithms Going forward, for Karan Shaha, CEO transformation.
that can recognize, predict, and & co-founder of Vahak, it is amply clear “The government has already
generate human languages based on that there is no ‘business as usual’ accelerated infrastructure
very large text-based data sets) such return in the transportation sector. development, and with the National
as GPT-3 (Generative Pre-trained “Technology has come to the fore Logistics Policy, the aim is to bring
Transformer 3) will become much like never before in this segment. down the cost of logistics in India.
more mainstream, and bigger models AI, IoT, GPS, data analytics and Currently, transportation costs are
will become available for use. AI in automation technologies are approximately 14 percent and the
blockchain, particularly Decentralized facilitating seamless single- target is to bring the costs down to
Finance (DeFi) will become more window integration of end-to-end single digits and make the Indian
common," he said. logistics operations, and in 2022, logistics sector compete with the best
In 2021, there have been plenty we will see further adoption of such in the world. It is quite a promising
of changes witnessed by the Indian technologies,” he said. situation for industry stakeholders
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