Novire Tech offers smart IT solutions to logistics sector
Novire Technologies Pvt Ltd is engaged in the business of developing and providing smart IT solutions,that are basically confluence of the 4 major business trends - Mobile Technologies, Cloud Computing, Big Data and Internet of Things, to the logistics industry. Founded in 2004 by Hiten Varia and Suresh Sachdev, Novire has also forayed into international market with its first operations in Thailand. Encouraged by the growing demand for its consistently developing newer technologies, NovireTechnologies has recently floated 2 new separate units – Autoplant, and ITBS - Truck ka Load.
Novire Technologies caters to over 200 customers in various industrial sectors. These companies derive significant benefits like reduction in cost by 5 -10 %, increase in on-time deliveries by 20%, increase in asset utilisation, and improvement in customer satisfaction level by deploying smart IT solutions in the logistic sector.
Novire, in association with ‘Autoplant’ and ‘ITBS-Truck ka Load’, organised in Mumbai recently its annual customer meet titled `Ignite 2017’ and conference With the theme: ‘Logistic 4.0: Preparing for the New Industrial Revolution.’ More than 200 industry leaders, decision makers and IT Heads from leading companies participated. The conference debated and discussed how the 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 industry and how technology adoption is at the core of bringing the necessary transformation in logistics.
The conference kick-started with the keynote session by V S Girish, Executive Director, SCM PRO, and Hiten Varia, Chairman, Novire Group. On the central theme of 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 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.”
Girish said, “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.”
The participating Novire customers in the conference shared their best practices and how they were driving innovation in supply chain with the use of smart IT solutions.
Arun Attri, CIO, Wonder Cement, said his company achieved in-plant automation and is accruing significant benefits from it. Abhishek Singh of Akzo Nobel said his company has eliminated bottlenecks and optimised processes by implementing mobile technology in supply chain.
Some of the early adopters of Logistics 4.0, have relooked at their end- to- end processes and also adopted Novire-Auto plant 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.
Shidan Murphy, Angoss and Mrugank Parikh, Byte Prophecy, discussed how Big Data can be leveraged to enhance business efficiencies and also presented real time cases illustrating the use of Big Data. Swapnil Bagul, CTO of Writer Safeguard Pvt. Ltd, shared his company’s achievement after implementing IoT solution for the cash vans and ATMs.