Trend set to shake up the space:

If India accepts documentation over a Blockchain platform, it will help eliminate all the unnecessary printing, scanning and emailing, and multiple rounds of back and forth, resulting in improved time and process efficiency.

Exporters still struggle with poor inventory management, lack of container space and transportation, among others. A transition towards smart demand-supply management is expected.

A crucial component of green logistics is the usage of electric vehicles across all legs of the supply chain. We will see the use of electric vehicles increasing, especially in the last-mile operations of firms.

A change is expected in upstream and downstream supply chain network. On upstream procurement, global sourcing will get realigned to new sources and we will also see more thrust on onshore procurement in order to mitigate various geo-political risks. On the downstream, emergence of omni-channel will be on a fast pace. These omni-channel warehouses will be relatively small in size and closer to consumption markets for faster turnaround.