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Industry News & Insights

Is Your Supply Chain Ready for a Carbon-Free Future?

supply chain

As environmental concerns grow, the logistics and supply chain sectors are taking bold steps toward sustainability. Technological advancements are at the core of this transition, enabling companies to reduce carbon emissions and operate more efficiently. With breakthroughs in artificial intelligence, IoT, electrification, and data analytics, a carbon-free future in logistics no longer seems like a …

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Is the Global Supply Chain at Risk?

Global Supply Chain

The global maritime industry has long been the backbone of international trade, facilitating the movement of goods across continents. However, supply chain vulnerabilities at key maritime chokepoints have created significant disruptions in recent years, slowing the growth of container trade worldwide. According to a report from the United Nations Conference on Trade and Development (UNCTAD) …

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Data: The backbone of the modern supply chain

We hear about all kinds of exciting technologies that can unlock amazing new capabilities in the supply chain. Generative Artificial Intelligence (AI), two-dimensional barcodes (2D), and Radio Frequency Identification (RFID), for example, all tantalizingly tease use cases such as: predictive analytics used to right-size ordering and solve on-shelf availability issues; enhanced freshness management that saves countless person hours; precision …

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How Is India Reshaping Global Supply Chains with Its Maritime Makeover?

How Is India Reshaping Global Supply Chains with Its Maritime Makeover?

India’s Global Supply Chains on the Rise India’s global supply chains are undergoing a remarkable transformation, positioning the country as a key player in international trade. The government’s efforts in developing maritime infrastructure are crucial to enhancing trade efficiency and boosting connectivity with major global markets. Boosting India’s Global Supply Chains through Ports To enhance …

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How Can Digitalization Drive Sustainable Supply Chains in the Least Developed Countries?

How Can Digitalization Drive Sustainable Supply Chains in the Least Developed Countries?

Digitalization can significantly enhance sustainability in supply chains, especially in the least developed countries (LDCs). Technologies like artificial intelligence (AI), blockchain, and the Internet of Things (IoT) offer opportunities to improve efficiency, reduce waste, and increase transparency. This digital transformation is crucial for addressing sustainability concerns while promoting economic, social, and environmental benefits. Successful digitalization …

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Industry News and Insights: Grade A Warehousing to Witness 12.5% CAGR Growth Until FY30

The demand for Grade A warehousing in India is set to grow significantly, driven by the retail, e-commerce, and third-party logistics (3PL) sectors. According to a recent analysis by Alvarez & Marsal India, a global professional services firm, this demand is expected to post a compound annual growth rate (CAGR) of 12.5% until FY30, reflecting …

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IndoSpace to Develop Two Major Logistics Parks in Karnataka with ₹580 Crore Investment

IndoSpace, a leading industrial and logistics real estate developer, has announced plans to develop two significant logistics parks in Karnataka with a combined investment of ₹580 crore. This initiative is part of a broader ₹3,000 crore commitment made under a Memorandum of Understanding (MoU) with the Government of Karnataka in 2022. The two new parks, …

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Rapid Multimodal Logistics IPO: Key Details and Insights

Rapid Multimodal Logistics, a Chennai-based logistics services provider, has launched its initial public offering (IPO) on August 22, 2024. The IPO, categorized under the Small and Medium Enterprises (SME) segment, aims to raise ₹8.49 crore through the issue of 1,011,200 equity shares with a face value of ₹10 each. The price band has been set …

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Tech-Enabled Festive Season Logistics: Setting New Standards in Efficiency and Speed

As the festive season approaches, the logistics industry experiences a dramatic surge in demand, challenging businesses to meet heightened expectations for timely and efficient deliveries. To navigate this busy period, several industry leaders are setting new standards in logistics through innovative technologies and streamlined processes. Locus.sh is revolutionizing route optimization with its AI-driven technology, which …

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