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Showing posts from February, 2020

Effects of Big Data in Logistics

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Effects of Big Data in Logistics Big data is revolutionizing many fields of business, and logistics industry is one of them. The complex and dynamic nature of logistics, along with the reliance on many moving parts that can create bottlenecks at any point in the supply chain, this makes logistics a perfect case for big data. In logistics industry big data can be used to optimize routing, streamline factory functions, and to give transparency to the entire supply chain, for the benefit of both logistics and shipping companies. Third party logistics companies and shipping companies both agree that improved data-driven decision making is much needed to the future success of supply chain activities and processes. The global logistics industry involves an series of recipients like shippers (manufacturers, retailers, distributors) who make/sell the products that need to be stored or moved; logistics service providers (third-party logistics providers (3PLs), 4PLs, freight forwarders,

Cold Chain Logistics

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Cold Chain Logistics Have you ever imagined how fruits from other countries reach your house still staying fresh or those emergency drug is made available to critical patients at various hospitals across the globe or remote destinations without compromising their quality or contents? Ice creams which we all love during a hot summer day or just to cool things down are manufactured at mega factories outside the city, they travel through that scorching heat across many miles yet they reach our supermarkets just as they left the factory and not end up becoming ice cream shake. They are many other examples that we can look at that needs a meticulous logistics planning ensuring our daily dose of milk to chocolates maintain their form or doesn’t get spoiled during the whole supply chain or logistics process they are subjected to. All these highly perishable products/ commodities need a different kind of logistics which involves temperature control or they need to be carried across

Blockchain Technology

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Blockchain Technology In today’s digital world everyone from a school going kid to homemakers to professionals across the globe have access to the internet, a smartphone or computer which is making digital security the biggest threat. Whenever a person is on the internet, there is always this thought in mind asking “is someone watching over my shoulder” and this is the threat everyone has while using the internet. This vulnerability is experienced every time one uses the internet either through a smartphone or computer/ laptop because today banking has been made so simple that I don’t need to be in front of a computer or laptop to carry out any banking transactions; It can simply be done using my phone. The question is how secure are these banking transactions that I make using my phone? To overcome this threat faced by the digital world and the internet, a group of people known by the pseudonym, Satoshi Nakamoto developed Blockchain originally for the d

Logistic academy in Kerala-Logistical Industry

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Logistic academy in Kerala-Logistical Industry Technology Changing the Logistical Industry In today’s world technology plays a major role in everyday life, from wearable devices, robotic machines, drones to cloud computing, hence it is important that one must stay abreast and updated with all the latest that technology can offer that not only simplifies our lives, but also makes us deliver better performance and even stay healthy. Even in the world of logistics, technology has started playing a significant role in transforming how things are done to cater to the new age that completely depends and thrives on technology. Logistics sector is becoming more and more popular in recent times as people have discovered that every business runs on logistical background, which not only gets things done quicker than normal, but also in a much more efficient way that increases profitability and save a whole lot of time spent on unnecessary activates. There are more ne