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Industry News & Insights

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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Warehousing Demand Shifts Across Major Indian Cities: A Mid-Year Review

The retail industry is experiencing a significant transformation as cloud computing emerges as a key driver of efficiency, customer satisfaction, and competitive edge. Traditional supply chain models, characterized by manual processes, are giving way to cloud-based solutions that streamline operations and integrate data from various sources. Core Benefits of Cloud Computing in Retail: Enhanced Agility …

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Cloud Computing Revolutionizes Modern Retail Supply Chain Management

The retail industry is experiencing a significant transformation as cloud computing emerges as a key driver of efficiency, customer satisfaction, and competitive edge. Traditional supply chain models, characterized by manual processes, are giving way to cloud-based solutions that streamline operations and integrate data from various sources. Core Benefits of Cloud Computing in Retail: Enhanced Agility …

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