Continuing the Logistics Trends 2023 series, we asked C K Govil, Managing Director, Activair Airfreight India, for his insights on the logistics trends, the milestones the industry achieved in the previous year, incorporation of digitisation in this industry, outlook for the industry in 2023 and what he thinks was the greatest trend in the logistics industry in 2022. Here are the excerpts:
“The Logistics and Supply Chain Industry has evolved significantly post Pandemic. New technologies and computer aided business approach have become more essential. Cloud based systems and integration to save time, save money and benefit from smoother internal processes – allowing logistics business to streamline their workforce, store and transfer information quickly and securely and better control over their finances. Autonomous vehicles / drones for last mile deliveries – they are economical, safer and easier to manage than having a person doing the same work which is time consuming / exhaustive.
The launch of National Logistics Policy by the Hon’ble Prime Minister on 17th September is one of the greatest milestone in the Logistics Industry as this shall bring all the workforce to be better utilised in the National Logistics Policy initiatives to become more organised and streamlined in the days to come giving more opportunities to the masses.
Strengthening resilience in existing supply chain will be one of the key priorities of the business globally in 2023. Building agile methodologies enables with technology driven supply chain to optimise operations and take data driven decision. 2023 shall the year of implementation, where the industry must come together to implement the directives of the NLP effectively to help trade flow seamlessly from India and enable Indian businesses to achieve their full potential
Automation and Robotics solutions shall be more dominant in the warehousing and last mile delivery services. Logistics sector shall be demanding more technology based solutions to save costs and avoid mistakes which cause sudden trouble manually. Global variables – changing consumer demand and on-going economic uncertainty are necessitating changes in the supply chain that requires resilience and flexibility. The pandemic accelerating the shift to digital, the ecosystem is making us to think differently – need to create sophisticated yet intuitive platforms to drive costs down and also deliver goods efficiently and accurately.”