The supply chain is undergoing an unprecedented change on many fronts like policy, technology, verticalisation of services, and many more, where identifying the opportunity remains important.
With intervention of technology and changing dynamics of domestic and global trade, it has become necessary to identify the evolution taking place in container supply network, thus finding clue to the future of the sector. The Session-II of the Containers India 2017 was focused on the essential aspect, ‘Future of Container Supply Chains.’ Moderator of the session Umesh Grover, Secretary General, CFSAI, said some of the major factors that will affect the container supply chain are advancement in technology like drones being used to deliver cargo; Data and information remain crucial to the supply chain; smaller operators would face difficult time with price negotiation as M&A among bigger companies lead to marketing consolidation; and warehousing sector empowered by GST.
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Impact Of Covid-19 On Shipping And Logistics
Industry stalwarts discuss threadbare the prevailing logistics and supply chain scenario and issues in clearing cargo during the COVID-19 lockdown
Digital Platforms Defy Lockdown
Digital trading modules such as eNAM are enabling farmers to move their produce from farm to market even during the lockdown
GARMENT TRADE TRAMPLED
As retailers face a shutdown in US and Europe, the cascading affect has caused mass cancellation of orders in Bangladesh
TRADE RESUMES WITH CHINA
While India has allowed uninterrupted movement of imports into Nepal even during lockdown, China is reopening its borders as it emerges from the pandemic
LESS HUMAN INTENSIVE, MORE DATA DRIVEN
AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai
SHAKEN AND STIRRED
The COVID-19 pandemic has partially paralysed the logistics and supply chain, but the industry is still deterred to ensure supply of essentials continues
TRADE STUCK, ECONOMY SLOWS DOWN
Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown
LENDING INTELLIGENCE TO SUPPLY CHAIN
If youâre shipping millions of dollarsâ worth of pharmaceuticals, high-end electronics, expensive seafood, or precious metals, what would you be willing to pay for the ability to âaskâ your shipment where it is right now and whether itâs ok? What would you pay for a freight smart enough to raise an alarm before it spoils? Artificial Intelligence enables that and much moreâŠ
CONTAINER LINES SIGNAL âSOS'
As the per-unit cost of operations increases many lines are forced to blank sailings which has hit their bottom line real hard. The Government and Terminal Operators therefore need to actively consider reduction in Vessel Related Costs
IMO 2020 And The Covid-19 Curse
The COVID-19 outbreak has shaken and stirred the already volatile bunker market. While the refiners adjust their capacities and shipping lines choose their path to compliance, the market dynamics are yet to reach an equilibrium
