- IoT in Logistics is crucial to Digital India, says Hiten Varia, Chairman, Novire Technologies
- Discusses why the usage of emerging technologies in logistics is crucial for the success of the Make-in-India programme and showcases examples of leading companies accruing significant business benefits by implementing its innovative logistics solutions, at its Annual Customers Meet
Leading tech firm Novire Technologies Pvt. Ltd, in association with ‘Autoplant’ and ‘ITBS-Truck ka Load’, today held its day-long annual customer meet Ignite 2017 at Hyatt Regency in Mumbai. The conference witnessed the presence of nearly 200+ key industry leaders, decision makers and IT Heads from leading Indian companies, including Hindustan Coca-Cola Beverages Pvt. Ltd., Ultratech Cement, Jindal Steel & Power, Varuna, Essel Mining (Aditya Birla Group), Flipkart, HDFC Ergo, Jindal Saw, JSW Steel Ltd, Lupin, Reliance Industries Ltd., Philip India, Vadilal Industries Ltd, VRL Logistics, Parag Milk Foods, Box 8, Bharathi Cement, Asian Paints, Writer Corporation, Akzo Nobel, and more.
Based on the theme, ‘Logistic 4.0: Preparing for the New Industrial Revolution,’ the conference debated and discussed how emerging technologies like mobile, cloud computing, Big Data and IoT are transforming logistics and supply chain services worldwide. Industry veterans discussed why a strong logistics sector is a pre-requisite for the success of the Indian Government’s Make-in-India initiative and technology adoption in the sector is at the core for bringing transformation in logistics.
Novire Technologies, a company of Indian origin started by NRIs had initiated the Make-in-India vision in the year 2007 and was rejuvenated & exited with the PM Modi’s vision of ‘Make in India’ initiative. It has adopted the vision as an integral part of its policies and is all set to give a boost to the logistic sector in India, with its intelligent end-to-end solutions. The company has embarked upon the journey and is catering to 200 + customers, which are accruing significant benefits like reduction in cost by 5 -10 %, increase in on-time deliveries by 20%, increase in asset utilization, improvement in customer satisfaction level by deploying smart IT solutions in the logistic sector.
The conference kick-started with an enlightening keynote session by VS Girish, Executive Director, SCM PRO and Hiten Varia, Chairman, Novire Group.
Shedding light on the central theme Logistics 4.0, Varia said, “Manufacturing companies are moving into “Smart factory” models (industry 4.0), which leads to manufacturing and warehouse units that rely more and more on the work done by machines. These machines plug into IoT networks to communicate with each other, and in the process allow us to access all aspects of the manufacturing/logistics chains. Logistics 4.0 is the new paradigm of human-machine interaction in logistics that is being implemented by manufacturers to support their industry 4.0 trends.” He further added that logistics services will need to be able to communicate with the increasing number of automated processes at factories and warehouses to provide an ever increasing seamlessness in the transition of the product/service from the manufactures silos to the customers’ doorstep.
Girish added, “Due to the increasing use of cyber physical systems and IoT networks, big data analysis for human-machine interactions has never been this important. The current scenario of a segmented approach to logistics is ineffective and needs to be realigned with the trends that are currently being followed.”
Technology fuelling business innovation
The conference further witnessed customers sharing their best practices and how they are driving innovation in supply chain with the use of technology. Arun Attri, CIO, Wonder Cement shared how his company achieved in-plant automation and is accruing significant benefits from it.
On similar lines Abhishek Singh, Akzo Nobel elaborated how the company has eliminated bottlenecks and optimized processes by implementing mobile technology in supply chain. “With our earlier manual process, improving on-time delivery, which is a key component of dealer satisfaction, was a challenge. We implemented mobile GPS device across all our warehouses to address the business issue. This has enabled web-based order and vehicle tracking for both sales and logistics teams. Post implementation, email and SMS alerts are sent to dealers regarding material dispatch, which has led to significant rise in dealer satisfaction. Further, vehicle utilization, detention and delivery delays have been substantially minimized,” Singh said.
Some of the early adopters of Logistics 4.0, have relooked at their end to end processes and also adopted Novire-Auto plant’s end to end to plug the gaps in logistics and supply chain. V.V. Benugopal – CEO Panther Transfreight Limited (part of JSPL Group) and Ittaya Sirivasukarn – CEO OF INSEE Digital Company Ltd (Part of Siam City Cement Group, Thailand) had partnered with Novire-Autoplant to implement their E2E Solution.
Additionally, Shidan Murphy, Angoss and Mrugank Parikh, Byte Prophecy discussed how Big Data can be leveraged to enhance business efficiencies and also presented real life use cases illustrating the use of Big data.
Swapnil Bagul the CTO of Writer Safeguard.Pvt.Ltd shared his company’s achievement by implementing IoT solution for their cash vans & ATMs.
