Page 8 - ITLN JAN-FEB 2022 for Magzter
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Cover Story
              Indian Logistics























































         water across the globe, ocean freight                                    Meanwhile, he expects the
         bottlenecks due to low inventory levels                                issues of capacity availability, high
         and high consumer demand, workers                                      turnaround times, high freight rates,
         abandoning supply-chain-related jobs                                   diversification of sourcing strategy and
         in record numbers, exploring a shift                                   the acceleration of digitisation and
         to the “just in case” model as the                                     automation to continue in 2022 as well.
         pandemic exposed flaws in “just in                                       According to Nilesh Ghule, co-
         time” inventory systems and scrutiny                                   founder and CEO, TruckBhejo,
         from governments, investors, and                                       efficiency and speed are becoming
         customers on sustainability disclosure                                 critical success factors for the
         and reporting requirements for                                         logistics industry.
         businesses.                                                              “Especially in the last mile, express
           Citing that 2022 will not be                                         delivery is increasingly becoming
         exceptionally different from 2021 for   Large language models          important wherein we are already
         global supply chain, logistics consultant   such as GPT-3 will         eyeing for the drone deliveries to kick in.
         and founder of Aviral Consulting                                       Technology has redefined the pace and
         Vikash Khatri wrote in his recent         become much more             in 2022, the sector is poised to find a
         LinkedIn article that “Darvin theory of   mainstream, and bigger       new top gear,” he said.
         “Survival of Fittest”, which suggested    models will become             An interesting fall out of the
         that “organisms best adjusted to           available for use.          pandemic is the shift in buying
         their environment are successful in   Shantanu S. Bhattacharyya        behaviour of the consumers.
         surviving”, holds true for supply chain           Locus                  “Multiple product categories are
         industry as well.”                                                     added on the e-commerce platforms


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         January - February 2022                                                                         www.itln.in
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