Big Data & Tech-Enabled Logistics

Driven by exponential demands, especially with the rise of e-commerce and digitally empowered consumers, the need for efficient and cost-effective supply chain management is becoming even more vital. New age logistics is thus turning to big data and analytics to handle the huge scale of operations and build a transparent and automated system.Modern logistics is a complicated process with critical aspects catering to global consumers through efficient and cost-effective supply chain management, facilitating timely last mile delivery and customer satisfaction. Technological advances in data and with devices such as GPS, RFID tags, sensors and scanners have warranted a shift in the logistics business model, helping to fuse multiple data sources and assisting in complex calculations to provide real-time or near real-time insights for timely decision making.