Supply chain logistics have been crucial for economies around the world. Many governments have prioritised making logistics more efficient with technological innovations.
One such technology that provides intervention in complex supply chain systems is location technology. Planning and implementing more and more geospatial components such as location analytics which compliments business intelligence will only grow logistics and supply chain while making it smoother.
With trains, trucks and freight, a lot of potential lies within the logistical movements and their combination with technology.
At the GeoSmart 2022 conference, a session was held on the topic of End-to-End (E2E) Supply Chain Planning and Visibility. Moderated by Nadine Alameh, CEO, Open Geospatial Consortium; the speaker chair included Keyur Doshi, Deputy General Manager, Vadilal Industries Limited; Anita Barik, Deputy Chief Vigilance Office, South Central Railways; Suyash Singh, Co-founder & CEO, GalaxEye Space.
Talking about mapping, Anita Barik, Deputy Chief Vigilance Office, South Central Railways said, “In the PM Gatishakti National Masterplan, it has been emphasised that all the physical assets and infrastructure that have been created by both centre, states and governing other bodies is to be mapped and they have to be synchronized along with the existing infrastructure. Layers of GIS-based maps are being used for that and almost all the government agencies today have a unit setup in their headquarters.”
Capturing a good deal monetary wise to catalyse the adoption of technology in practical applications of logistics has been a challenge for years now, and it needs a dedicated investor.
Discussing the issues of funding, risks, and barriers in End-to-End logistics, Suyash Singh, Co-founder & CEO, GalaxEye Space said, “The question is who really brings money to the table to adopt this (location intelligence) technology? Unless there is someone who adopts the technology for some money and cost until then I think end-to-end visibility still remains a topic and not really becomes a reality.”
