Page 22 - ITLN May-June 2024 for Magzter

Focus
Logistics
Startups

vehicles (EVs) without the burden of
ownership. This model offers benefits
such as flexibility, cost savings, access
to the latest technology, reduced
maintenance hassles, and contributes
to sustainable mobility. Zypp Electric
is an Indian startup that focuses on
providing eco-friendly last-mile delivery
solutions through EVaaS.
While this is generally true, a quality
delivery experience can be a revenue
driver. Most shippers struggle to
maintain a balance between cost and
quality, and thus, outsourcing is not
the only solution if they want to gain a
competitive advantage. For carriers,
last-mile delivery is the heart of
their operation. Many are focused on
reducing last-mile delivery costs and
enhancing customer experiences.
As technology and connectivity
improve, shippers are beginning to
outsource delivery networks with more
choices than ever before. Competition
is heating up, making it more critical
to be technology-driven to improve as they are mainly from tier II cities or
efficiencies. villages where tech adoption is already
By giving up control of the fleet and low. However, technology adoption
outsourcing parts of or sometimes can completely transform the logistics
the whole of their network, last-mile industry, mainly through AI, to predict
leaders are achieving cost efficiencies cost-saving routes and potentially save
and aiming for more speed, flexibility, trillions of dollars globally.
and scalability.
In 2019, Trucknetic began changing Technology as a game changer
the process of booking trucks to The logistics sector is experiencing
transport goods across the country. disruption driven by technology,
"The idea is very simple. It is to make mainly through startups' innovative
trucking as simple as booking a cab in use of AI, IoT, and machine learning.
real-time through platforms like Ola These technologies enhance visibility
and Uber," said Arham Partap Jain, across the supply chain, optimise
Founder of Trucknetic. By digitising logistics operations, and reduce costs.
Discussing the level of technology procurement processes Gupta emphasised the importance
adoption, the founder of Trucknetic and optimising of technological advancements in
mentioned, "In India, tech adoption in leveraging big data to assess strategy
tier two cities and beyond is relatively supply chains, we're and improve services. Fleet operators
low. Despite the widespread availability driving significant are empowered to deploy their fleet
of 4G, the impending arrival of 5G, and advancements in how effectively, maximising order count and
the high number of smartphones in the businesses manage earnings for delivery partners.
country, the adoption and adaptability their supply chain Zypp, as a full-stack platform,
of technology is not as great, except operations. integrates technology and fleet
perhaps in the case of social media." management, providing dedicated
During the conversation, Trucknetic's Sachin Jain dashboards for operations and business
founder highlighted the challenge of ProcMart partners, as well as a dedicated app
tech adoption in the logistics industry. for delivery partners to track fleet and
Tech adoption is low among drivers, earnings. This approach results in
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