How are new technologies changing the landscape of the Indian Logistics industry?
Technology intervention has been the point of discussion since the pandemic in the Logistics industry worldwide. While in some regions or Airports/Ports, the intervention is holistic, involving all stakeholders, in some, it is limited to a specific terminal or stakeholder. Either way, the landscape is gradually transforming. Leading this mantle is the UPLIFT initiative by Kale Logistics Solutions and ACAAI, enabling seamless business synergies for stakeholders. Here is how technologies are transforming the landscape.
Last mile delivery
Logistics firms are finding it hard to stay in line with the quick delivery scheme they promise to the customers. The intervention of AI here will ensure all deliveries are fast-tracked and delivered on time, as promised. Moreover, this will forecast demand and tell all stakeholders about freight movement. Initiatives like UPLIFT are leveraging the power of AI and building relevant solutions to simplify operations.
Tracking Movement with IoT
Visibility is a major issue pertaining to Logistics and is too specific to air cargo. After a point of time, freight movement inside the Airport is unknown to any stakeholders. This could lead to cargo loss, so industry experts believe the Internet of Things (IoT) could make cargo talk by leveraging platforms like UPLIFT.
Automated warehousing
Right from data collection to inventory management, warehousing operations involve a lot of manual operations. Most importantly, they require an eye for detail. In turn, this could lead to delays in tasks. Several e-commerce players worldwide are already leveraging AI's power by using AI-powered robots. Order delivery is on time and less than the stipulated time. Similarly, air cargo stakeholders also leverage the potential of artificial intelligence in Logistics with innovative digital technologies to see cargo movement in the warehouse. Also, long staying and unclaimed cargo can be taken note of with automated warehousing.