Page 21 - ITLN March - April 2022 issue

automation entered the space?
Most companies were operating on
Microsoft Excel-based tracking. When Currently, logistics
dealing with a warehouse of around 2 costs in India are at
lakh square feet, one must understand
that it is perfect for small businesses around 14% of the GDP,
and warehouses. Everything, including while logistics costs in
the inventory, can be done on Excel.
However, the moment you start scaling developed countries are
up, Stock Keeping Units (SKU), which approximately 7-8%. So,
keep track of stocks and packages
internally, jump exponentially. For it is quite apparent where
e-commerce companies, earlier what India is getting hurt badly.
would happen is after receiving orders;
packages would be shipped by the next If you look at the direct
day. Now, the game has changed. When cost, we are almost at
you’re dealing with a high volumes of
throughput each month, you need a par with the developed
robust system in place. Clients place countries. We lack indirect
an order, and it’s shipped from a
warehouse in about 20-25 minutes. costs like inventory,
Therefore, finding the item, picking it inefficient setups,
up, packing it and shipping it everything
has to be done within 20 minutes. inefficient network,
Thousands of orders are being received and damaged
daily, and so everything can only be
managed through a proper Warehouse pilferage. These
Management System (WMS). are poorly hurt

How important are such visibility areas and take
solutions to the supply chain? the overall
Visibility solutions are the critical
component of a thriving supply chain. cost to 14%
All clients look for end-to-end visibility
today. If a consigner is booking a

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www.itln.in March - April 2022