AI Agents in Real-Time Logistics Management
8 minutes read
Why are we talking about AI agents all of a sudden? Well, let’s start from the very problem statements. Unfortunately, there’s no doubt that logistics companies today are facing extensive challenges like: Over 60% of companies report struggling to maintain real-time visibility across their supply chains. As a result, it is creating a ripple effect
How Conversational AI Can Streamline Logistics and Supply Chain Management?
11 minutes read
We all know how the logistics and supply chain industry operates at a rapid pace. However, the evolving expectations of customers continuously reshape business requirements, making it difficult to keep pace. Accordingly, businesses must deal with intricate networks of suppliers, transportation, warehouse systems, and last-mile deliveries while meeting customer expectations. So, in order to tackle
Digital Twin Technology In Logistics
12 minutes read
Did you hear the new buzzword in town? Well, here it is – Digital Twin Technology. It is one of the most cutting-edge technologies which is even being considered a huge breakthrough for the logistics industry. However, what is digital twin technology? As the name suggests, these are digital replicas of physical objects or systems.
Role of Mobile App for Logistics Industry
8 minutes read
In today’s interconnected world, the logistics industry stands as the spine for the global economy. It plays a pivotal role in ensuring that goods and materials move efficiently across vast and intricate supply chains. As of 2023, the global logistics market continues to expand, with a projected worth of over $5 trillion. Now, in this
Solution For Lost Packages In The Logistics Industry
11 minutes read
Every year, millions of packages make their way around the world, from sprawling warehouses to the consumers. However, not every package completes its journey. In fact, a report by the National Consumer League says approximately 1.7 million packages have been reported as lost every quarter. It’s a logistical nightmare that costs the industry an estimated
Logistics Industry Can Make India A $26 Trillion Economy
11 minutes read
India’s logistics industry has shown great progress, moving up six spots in the World Bank’s Logistics Performance Index (LPI). I am sure you were aware of that! This advancement can be attributed to several factors, including advancements in technology, data-oriented decision-making, and the implementation of enhanced policies. One of India’s long-term objectives is to reach
National Logistics Policy 2023: Impact On India
7 minutes read
The logistics sector plays a pivotal role in a country’s economic growth, and India is no exception. With the National Logistics Policy (2023), India is not only striving to streamline operations but also emphasizing technology-driven solutions. It will enhance the economy by improving connectivity and facilitating seamless movement of goods in both domestic and international
Fleet Management Software – Cost Cutting Tool For Logistics Companies
6 minutes read
In today’s world, digital transformation is a top priority for logistics and supply chain professionals. According to a survey by Gartner, 61% of them consider digital transformation a top priority. The COVID-19 pandemic has accelerated digitization and businesses are re-evaluating their operations to remain competitive. Well, fret not, because I’ve got just the thing to
Tech Trends in the Logistics Industry for 2023
8 minutes read
From AI to automation– the rise of technology is creating a new era of innovation and progress. No matter what industry you are in, technology is a game-changer that cannot be ignored. So, Hello and welcome to an ultimate blog on tech trends in the Logistics Industry for 2023. Today, let’s talk about the most
Are Your Demand Planning Accuracy Strategies Failing? Let’s Fix It!
9 minutes read
Suppose, a company loses 15% of its annual revenue — Not because the demand of its product isn’t there, but due to constant stockouts and overstocking. Now, its not just a balance sheet issue; Rather, its about significant missed opportunities, and wasted resources. Therefore, having a strategic advantage for demand planning accuracy is indispensable. Besides,
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