The logistics industry, rightly considered as the backbone of global trade, has undergone a significant transformation over the past few decades. This evolution has been largely driven by advancements in technology, reshaping the way goods are transported, tracked, and managed across the supply chain.  In this blog, we will explore the profound impact of technology on logistics management and how it is revolutionizing the industry. The Traditional Landscape: Challenges and In

Drones have become a rapidly emerging technology in multiple industries, including the supply chain, causing significant disruption in recent years. According to a report by Grand View Research, the global drone logistics and transportation market size is expected to reach USD 11.20 billion by 2027, growing at a CAGR of 21.5% from 2020 to 2027.  The use of drones is becoming more prevalent in the logistics industry, and Fortune Business Insights predicts that the commercial d

The Indian MSME sector is huge; one of India’s top news publishing platforms reports that MSMEs have generated 120 million jobs. Today, almost 1/3rd of India’s GDP is generated from MSMEs, with the Government of India focusing on bringing that figure to 50% through the Ministry of MSME (MoMSME). Correspondingly, India’s logistics sector is expected to reach around $380 billion by 2025, a sharp increase from the approximately $100 billion market size in 2020.  Under such prom

The global supply chain industry has been going through a rapid transformation over the past few years. With this transformation, supply chain partnerships are also gaining momentum as companies look for ways to manage risks, reduce costs, and improve efficiency. These partnerships involve two or more companies working together to achieve a common goal to improve supply chain visibility, enhance sustainability, and increase flexibility. How are collaborations shaping the futu

Supply chains are highly interconnected and often involve multiple third-party vendors and suppliers, which increases the risk of cyber-attacks. Any weak link in the supply chain can put the entire operation at risk, and businesses must proactively identify and address these vulnerabilities. One of the main risks associated with supply chain operations is the use of outdated or insecure technology . For example, many supply chain partners may still be using older versions of

Quantum computing is a relatively new technology, but has the potential to revolutionize many industries, including supply chain management. With the ability to perform complex calculations at incredible speeds, quantum computers could help businesses optimize their supply chain operations, reduce costs, and improve efficiency. In this article, we'll take a closer look at the potential of quantum computing in supply chain management. What is Quantum Computing? Quantum computi

The past few years have brought unprecedented challenges to global supply chains. The COVID-19 pandemic disrupted trade flows, causing massive backlogs at ports and delays in delivery times. Political tensions between major trading partners have led to tariffs and trade barriers, while natural disasters such as the Suez Canal blockage and the Texas winter storm have highlighted the vulnerability of global supply chains to unexpected events. Against this backdrop, the need for

In logistics and supply chain management, cool techs like Virtual Warehousing and Augmented Reality (AR) are changing the game. This is all thanks to the need for quick and precise delivery in the age of global trade and online shopping. According to a MarketsandMarkets report, the AR market is set to blow up from $4.21 billion in 2020 to $18.8 billion by 2025, with a 34.8% compound annual growth rate (CAGR). This growth is pushing logistics and supply chain management compan