With the major improvements in technological trends and increased accessibility to the internet, anything is possible. The internet is the conduit for innovation, providing the landscape for simplified life and work. With more information and connectivity available than ever before, we can confidently say that we are approaching a new season of productivity, fueled primarily by artificial intelligence (AI).
The term “AI” is everywhere, permeating virtually every industry and accelerating progress. The demand for AI expertise is rising as well, and the trajectory for emerging tech is lightning fast and hyper-relevant. In other words: change is coming, has come and it is truly transforming our lives.
AI represents the best of human-machine interaction, and it’s something we interact with every day. Whether you are using an online dating application, shopping online, using Google, or engaging in other forms of business, AI is working behind the scenes to make your experience better. The most frequently asked questions since the spread of this innovation are how much can be improved and to what extent can the impact be measured.
We Need Logical Logistics
One thing that hasn’t left the headlines for the last two years is the ways in which supply chain bottlenecks have affected every industry worldwide. This is a prevalent and urgent issue, and one that demands high-tech solutions.
A company at the forefront of solving the logistics equation is LogiNext. Logistics operations- be it last mile deliveries or B2B fulfillment or long haul movement- are immensely complicated, and the transportation industry is notoriously old school. However, with the eyes of the world on the movement of everything from microchips to online orders, leaders in supply chain management have been actively pursuing change.
An Industry in Flux
Between 2009 and 2010, major disruptions were happening across the globe. When Web 3 was still a germ of an idea, smartphones and IoT were becoming mainstream. This widespread adoption, and cloud connectivity, accelerated growth in transportation and logistics significantly. Amazon crossed the $1 billion threshold. Google Maps led a mapping revolution with its consumer-friendly satellite tech. eComm picked up and the world started taking Ubers. At the intersection of all of these trends, improved technology for logistics became a global imperative.
What Change Looks Like
Over the last decade, the call for transportation and logistics tech has reached a fever pitch. And what leaders in supply chain and transportation are calling for is upgraded logistics systems to implement real time operations visibility. Delivery driver management, digitizing and automating order management and improving last mile efficiency.
LogiNext founder Dhruvil Sanghvi is well aware of the challenges in front of the sector, as well as what it will take to shape the future. His goal has been to bring in a new age SaaS platform to automate the world of logistics. The company launched in India, shifted base to New York, and now has over 200 enterprise clients in more than 50 countries. 2015 they had a seed round of angel investors; 2016 they had Series A and raised $10 million; 2020 they had Series B and raised $39.5 million. People in power believe in what Sanghvi and his team is doing, and with good reason.
Founder Dhruvil Sanghvi
Sanghvi explains, “Companies don’t have visibility over their parcel movement: LogiNext’s delivery automation platform enables companies to digitally transform their supply chain and gain visibility over parcel movement. This is enabled via web and mobile applications for dispatchers and delivery drivers.” He realizes that businesses of all sizes have two priorities: efficiency and cost. Using tech for things like advanced route optimization, LogiNext is steadily knocking down challenges in this sector, opening the path for growth.
This is the solution the transportation and logistics sector has been waiting for. What’s more, it is white labeled, which makes it virtually limitless in scalability and configurability, enabling companies to own their own processes while still leveraging third-party technology. It not only provides simple, streamlined communication of ETAs and other customer-facing data, it gives a bird’s eye view of an entire logistics operation. This data is one of the many value points of using AI technology, and the insights it can yield are immeasurable.
Real Time Solutions for Real World Problems
The physical conveyance of goods from one place to another seems simple, but it is not. And if the delays since 2020 have taught us anything, it’s that the complex web of operational challenges that comprise the global supply chain deserve immediate and effective fixes. Companies like LogiNext are solving some of the world’s most real problems, ensuring that leaders in this space have maximal visibility not just over what gets from point A to point B, but how and when. This step up represents a new age of development for the world of transportation, logistics and supply chain. Companies that adopt now will have a long-term advantage in a horizon of endless possibilities.
Want to read more interesting stories like this? Then check out our previous article on how Dr. Morin is disrupting Plastic Surgery!