LOGISTICS EXCELLENCE DELIVERED
Someone has rightly said, “Time is Money”. And anything that saves our time is incredibly valuable. Every day there are emails, news, or an update about how technology can make our lives easier. I think it’s all about convenience and productivity. From the Swiggys, Zomato, and Big Basket to Gpay and Paytm; they are all here to do the time-consuming ancillaries that can be outsourced so that we have more time. Increased transparency and visibility through tech-driven systems have reformed the way we live or as is the new term for this – ‘The New Normal”.
There is no doubt that it is set to reform the Logistics sector. In more developed nations, we can see tech-driven companies creating market space where we would have never imagined, or maybe we have spoken about it in a “what if” discussion. When it comes to technology, you either stay up to date with it or not be in business at all. You either embrace it & live with it or not live at all.
We are partnered with Elixia Tech Solutions for our Comprehensive tech support. Let’s take a look at what I think are the most tried and tested technological improvements that the Road Transport Industry is now adopting(including us).
GPS:
The most popular and now compulsory tech improvement we have seen in the last few years in India is not just about a Global Positioning system; there is much more to it than meets the eye. One of the most crucial features is geo-fencing, which involves accurately mapping the route and promptly alerting and monitoring any deviations. It ensures that products safely reach the right place at the right time in the most cost-effective way, which is essential in today’s competitive business landscape. Many transporters with GPS installed are not using many such features, as there is a lack of education and awareness.
Sensors for Driver Performance and Vehicle Performance:
Driver performance is crucial for maximizing resource profitability. Driving a vehicle directly impacts fuel consumption, vehicle wear and tear, and service costs.While some leading OE manufacturers now offer this feature, its adoption in the transport industry remains limited. The importance of data collection and analysis is growing, empowering modern transporters to make informed and sustainable decisions. Previously, vehicle performance relied solely on the driver’s word, but advancements in sensor technology have automated and improved this process. This not only aids vehicle purchasing decisions but also facilitates efficient servicing and reduces downtime.
Safety Locks and Sensors:
Safety first! Our world boasts one of the busiest and largest road networks, yet highway patrolling falls short. It’s crucial for us to prioritize our safety. Electronic locks, door sensors, and safety cameras have carved a niche, not only for homes, offices, and warehouses but also for trucks. The intriguing recent development in this area is electronic locks featuring unique electronic keys and OTPs.
ERP:
This is one of the first solutions adopted by the logistics industry for the automation of backend operations and the facilitation of seamless communication within the organization. It provides an integrated and continuously updated view of core business processes and tracks business resources (cash, raw materials, etc.) and commitments (purchase orders, payroll, etc.). By facilitating information flow and data management cross-business functions/departments play a major role in ensuring efficient supply chain management and synchronizing supply with demand to bolster the capabilities of the logistics domain.
Technology-Driven Aggregators:
The magic words to get every transporter’s attention – Fleet optimization! Most tech investments focus on fully addressing fleet optimization pain points, including the efficient utilization of return loads. Collaboration is key to success with aggregators. Always remember that companies drive the success of aggregators, rather than the other way around, as observed in numerous industries. The crucial factor to bear in mind is that aggregators thrive due to their reliance on businesses. The best way ahead would be to coexist rather than compete.
In the current global volatility, as logistics professionals, we must unite to ensure the continuous functioning of the economy. Technology is bridging gaps and our country holds a central position in this whirlpool of growth, opportunities, and new business prospects. Let us embrace positive disruptions and anticipate limitless growth ahead. With Innovative Tech Solutions, supported by widespread internet and smartphone adoption, we are equipped to effectively address daily operational challenges both now and in the future.
~ Tanvi Naik, Director – Reema Transport P. Ltd
