Will warehouses be taken over robots? How GST impacted businesses in India?
The logistics and transport trends in India and the world are
To accomplish higher profitability and efficiencies organizations should AUTOMATE a portion of their supply chain processes. Warehousing, for example, has a tremendous potential to profit by automation. With Amazon utilizing its Robotics division to help with picking orders, restocking and shelving, there’s a great deal of buzz about robots replacing workers. Our interpretation of that is applied autonomy, and different types of mechanization will rise as an extremely appealing alternative. Be that as it may, they will work together with representatives as opposed to supplant them.
We expect to see stricter EU-UK border controls, which may affect road haulage. The good news is that with increased domestic activity within the UK, shipping is likely to get a boost.
2016 was a year of rampant mergers and acquisitions, especially in the global shipping industry. It will be more of CONSOLIDATION of these large players.
Trade and logistics went through an adjustment period in the aftermath of the DEMONETISATION drive in India. As the supply of cash improves, exports and imports are expected to improve and drive up GDP numbers.
E-COMMERCE has been changing the rules of coordination and transportation previously and will continue steamrolling, with Amazon driving the way, be it with apply mechanical technology driven stockroom activities or setting up new sending courses. Conventional coordinations suppliers should keep pace
FREIGHT volumes in shipping will continue to be high, despite rates going up. Global air freight tonnage is expected to show an upward trend, buoyed by the growth showed in 2016. Truckload volumes are also expected to go up.
The Goods and Services Tax (GST) will have long-term implications on the logistics and infrastructure set-up of the nation. It won’t just make transportation more effective yet will likewise introduce a time of very highly organised logistics and transportation in India.
HIGHWAY construction will strengthen road infrastructure in the country.
Businesses will prefer to engage INTEGRATED SERVICE PROVIDERS to manage end-to-end logistics and transport, and to bring in better control, visibility and efficiencies.
JOINT VENTURES may help providers to find synergies in their operations and see opportunities in unexplored markets.
When consolidation happens, the global transport and logistics industry will be about a few large providers and their success will depend on their KNOWLEDGE of the local markets they operate in.
LCL and FCL rates might go up due to reduced global vessel capacities. Also, the complexities of the business environment will make it imperative to bring in world-class innovations to help their clients shipping cargo across international borders.
As the world goes mobile, providers will look at integrating the MOBILE applications to provide smarter solutions to their clients in transport and logistics.
Large and established logistics will need to contend with disruptors like Uber.
PORTS, all over the world are undergoing a massive transformation. Plans to develop around 40 ports in India to boost transport and logistics.
There will an increased QUEST on hiring the right kind of talent as the industry braces up for the adoption of high-end technology and regulatory compliance.
In India, the rollout of GST will change industry dynamics.
SUPPLY CHAIN DEMANDS will be focused on ensuring on-time last-mile deliveries to keep pace with the rise of disruptors and unconventional business models.
VOLATILITY, Uncertainty, Complexity and Ambiguity (VUCA) will not leave the world anytime soon. The logistics and transportation industry will need to contend with volatility in demand and uncertainties in the economy.
India will soon see the emergence of WAREHOUSING HUBS as a result of the implementation of GST. Some of the cities are Bhubaneshwar, Coimbatore, Goa, Guwahati, Jaipur, Nagpur, Ranchi, Vijayawada and so forth.
Financial YIELDS for the overall logistics and transportation courses in kerala industry is expected to be good. For Indian operators, it may turn out to be a great year, after the implementation of the GST.
The ZEITGEIST of the logistics and transportation industry makes it the right time to make investments in advanced technologies, automation, equipment, and hiring.
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