Page 20 - 20 Booming Logistics Companies in India 2021

i:Track
20 BOOMING LOGISTICS COMPANIES IN INDIA

REDEFINING SUPPLY CHAIN LOGISTICS WITH IOT ENABLED NEXT-
GEN SOLUTIONS

Corporate Review | Sugam Sharma

he Supply Chain sector is under the
radar as it faces mounting expecta-
tions around efficiency and perfor-
mance than ever before- from fast-
paced, last-mile deliveries with real-
time information to minimal chances
of glitches and tailor-made solutions.
TThe traditional business models and
old approaches fall flat to channelize the demands
and that’s why the urgency to integrate advanced
technology in the industry is whistling. And there is
no other industry where so many industry experts
recommend the high importance of incorporating
leading technology/technologies than logistics and
supply chain management sector.

We can’t blink over the fact that the role of tech-
nology in the supply chain arena has evolved
drastically over the years. Yet, Digital, stills seems
to be a challenge for the sector which has been on
the cusp of tech-revolution since the last decade
as complex processes and conventional IT structure
still hampers the overall growth of the country’s vital
industry. In a nutshell, the potential is huge, but the
industry has, so far, been slow to harvest it.
Sensing the need to engage technology, the supply
chain sector captured the attention of young minds
to dominate the space by implementing modern
technologies to focus on process innovation. While
the majority of companies were still pursuing
operations in ‘usual ways’, a new crop of companies
was harnessing the power of digital technologies to
build new, digitized and customer-centric business
models to address the needs more efficiently and
effectively. One such game-changer at the fore-
front of this shift was i:Track, a frontrunner that
pushed the boundaries by implementing a futuristic Zubair Chopra | Chief Vision Officer
approach.

22| Thecorporatereview.com | India | Vol. 2 | Issue 5 | May 2021