Nishith Rastogi, CEO, Locus
“Logistics industry had an exciting journey in the year 2018. From passing the e-way bill, rolling out GST, granting ‘infrastructure’ status to the logistics sector and passing the drone regulations 1.0; India indeed focussed on the logistics industry this year.
2019 will be the year of Artificial Intelligence in the logistics sector. AI is already helping businesses in cost-effectiveness, operational efficiencies, hassle-free procedures and efficient last mile deliveries for better end-user experience. With business demands rising, and companies expanding their horizons, expect supply chain problems to become too humongous and unpredictable to be comprehended by the human mind. Companies that use AI for their decision-making process will lead the logistics sector in 2019.
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