Dr Arunachalam R, CEO, ProConnect Supply Chain Solutions, gives his insights on the transformative phase of 3PLs with the introduction of several reforms and initiatives and the way ahead, as published in Celerity Supply Chain magazine, Sept-Oct 2019 issue.
According to Dr Arunachalam, “we are living in the era where social, political, economic & technological changes are influencing the industry. Regional consolidation of warehouses post GST, introduction of E-way bill reducing the hassles for transportation, technology implementation not only by 3PL players but by customers too, upcoming new-age starts ups, increasing M&As, Blockchain in logistics, are some of the transformations that the industry has witnessed in the recent past. Digitalization, software driven processes, automated machine-driven processes are also a trend now and will help in improving efficiency.”
He further says that, “at ProConnect, we strive to ensure we keep up with the developments in the industry. As I mentioned earlier, software driven process and digitalization help in maintaining efficiency, better visibility and data transparency. E-Way bill has helped in reduction of idle time in the Trucking Industry. Tech enabled solutions, ERP implementation in warehousing & transportation provide one stop solution for the clients. Acquisitions give us the necessary impetus in geo-expansion, tech enablement, penetration into new verticals and drive synergy.”