Page 20 - ITLN March - April 2022 issue
P. 20
Interview
Amitabh
Singh
Where’s my box?!
How tech is providing
visibility into global
supply chains
Automation and cutting edge tech innovations powered by AI have found their firm footing in
supply chains, with firms opting for tech interventions and solutions to optimise clients’ needs.
As delivery time windows compress the world over, one such vertical that witnesses high
demand and AI-powered automation is supply chain visibility.
To explore this issue further, Manjula Nair interviewed Amitabh Singh, CEO, customised
logistics solutions (CLS), at Stellar Value Chain Solutions – a five-year-old B2B company set
up with an investment of Rs 1,000 crores. The company now boasts a pan-India presence,
catering mainly to the e-commerce segment. So, how vital are supply chain visibility
interventions? Excerpts.
What is the biggest challenge India players to enter the fray. Currently, indirect costs like inventory, inefficient
currently faces when it comes to logistics costs in India are at around setups, inefficient network, and damaged
logistics? 14% of the GDP, while logistics costs in pilferage. These are poorly hurt areas
Essentially, the country’s logistics developed countries are approximately and take the overall cost to 14%.
landscape has always been traditionally 7-8%. So, it is quite apparent where
fragmented. While there are go-downs India is getting hurt badly. If you look Currently, there’s a massive reliance
and transporters scattered everywhere, at the direct cost, we are almost at par on tech interventions for supply chain
there is a requirement for organised with the developed countries. We lack visibility. What was it like before
A Stellar Logistics Solutions warehouse located in Uran, near Mumbai
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March - April 2022 www.itln.in