Transportation & Logistics IT Solutions

The world is changing, and advanced technologies are dramatically disrupting the supply chain ecosystem. The Internet of things has radicalized how machines interact with people and one another. Sensor-driven technologies and advanced analytics hold promise in restoring the balance between workload and production. The supply chain is standing on the cusp of innovation and augmented reality (AR) is becoming more applicable to today’s supply chain needs. Most of the organizations have been adopting digitalization to participate in and add value to the network. Seamless system integrations are vital to establishing real-time integrated logistics and predictive networks. The future belongs to the organizations competing— and winning—based on the capabilities they can connect across their supply networks. With time, supply chain processes must augment and change with a massive injection of new technologies, robotics, artificial intelligence, big data approach, and contemporarily become more...

The aftereffects of the coronavirus epidemic are becoming more and more evident with every passing day. The supply chain industry is one of the worst affected sectors. We present you with the specifics of how big the impact is. Expected GDP drop  Chinese is one of the biggest production hubs in the world. China’s sheer prowess in the manufacturing and supply chain can be estimated from the fact that the Asian nation alone contributed 39% in the global GDP of 2019. Impact on Global Supply Chain  Recently in an interview with FreightWaves, economist  Paul Bingham, director of transportation consulting at IHS Markit  talked about the ongoing and potential effects of the virus that is slowly traveling around the globe. On being asked about the state of supply chain managers in the region and the impact of the shutdown, Paul says,  “What’s happening is that the gap you managed against is now extended. If these factories don’t restart or if they...