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The logistics sector plays a crucial role in the Indian economy, representing 14.4% of the GDP. Intending to become a USD 5 trillion economy by 2025, India is working to improve its ranking on the Logistics Performance Index and reduce logistics costs from 14% to 8% of GDP within the next five years to become more competitive globally. The Indian government is already implementing various initiatives such as PM Gati Shakti, National Logistics Policy 2022, National Logistics

The growth and proliferation of digital technologies has led to a new paradigm in business known as digital transformation. The rise of the technologies like the cloud computing, artificial intelligence (AI), machine learning, and big data analytics have pushed the trend for digital transformation. Digital transformation has become an essential element for companies looking to compete in today’s market environment. It is a process that transforms an organization by improving

3D printing, or additive manufacturing (AM), has emerged as one of the most disruptive innovations to impact the logistics industry and the global supply chain. This latest technology projects to have a far-reaching impact on global supply chains and operations. Far from being the technology of the future, some claim that technology can help supply chain companies significantly reduce costs, overcome geopolitical risks/tariffs, improve customer service, reduce their carbon f

The year 2022 stood apart in geographic growth and new market reach, underlining Softlink Global's constant mission to reach technology global logistics service providers. It's been a notable year for Softlink Global with more customers being on board, the innovation and updating in products, expansion of strategic partner network and the opening of new offices in Dubai and Pune, India, and market expansion in the UAE, Philippines, Mozambique, Jamaica, and India. The effects

According to a report published in the ValuatesReports under the Transportation& Logistics category, the global logistics market was valued at USD 7,641.20 billion in 2017 and expects to reach USD 12,975.64 billion by 2027. Although the projection seems like a lucrative industry, many freight and logistics companies miss a significant portion of profits for various reasons, including inefficient practices, manual data entry, use of technology in silos, and cyber-attacks whi

The worldwide exposure of cross-border trade has increased the role of customs brokers to facilitate clearing the complex paperwork and documentation required for shipment with customs. Due to the complexity of handling various trade duties and fees, most importers and exporters engage in the service of customs brokers to manage some or all of the followings. Customs valuation Tariff classification Automated customs clearance through government-initiated programs Internationa

How does it feel when the Amazon parcel isn’t delivered in a day? How does it feel if the Zomato order you’ve been waiting for is delayed? How does it feel if the gift you sent to your loved ones reaches after their birthday? Of course, it isn’t a good feeling, right? Back in time all the processes, from manufacturing to delivery to dispatch, everything was done manually. This not only made the entire process tedious and cumbersome but also led to unexpected delays, human er