How is technology bringing efficiencies in the logistics industry?
Technology is revamping the entire logistics chain; it is reducing manpower, cost, and time, and increasing work efficiencies. Unlike the manual process, where one had to depend on information provided by the driver, one can now immediately locate the cargo and know its destination arrival time by using GPS.
Since most manufacturing companies follow the concept of ‘just-in-time’ inventory, work cannot stop at factories if raw materials are not supplied on time. GPS technology now gives the latest update on the cargo and pinpoints its exact location, while in the warehouse, software helps determine the space available for stocking.
This is a premium article available exclusively for our subscribers.
If you are already a subscriber, please Login
If not, subscribe now and get access to well researched articles & reports on infrastructure construction, equipment & machinery, innovations & technology, project reports, case studies, and more. All this by simply paying just ₹200/- for a month of complete portal access, or a discounted rate of ₹1000/- for a full year of access.
