by Fr8war | Feb 28, 2020 | Finance Budget 2020 Logistics
INTRODUCTION Our Finance Minister Nirmala Sitharaman presented Union Budget 2020 on February 1, 2020. One of the highlights of Budget 2020 was ‘National Logistics Policy’, that was primarily announced to clarify the roles of Central, State & Key...
by Fr8war | Jan 16, 2020 | Logistics
INTRODUCTION According to Global E-commerce Statistics, 4% to 6% of retail purchases result in getting returned from the end customer. This costs about $40 Billion/Day to the e-commerce industry. Independent market research has found that 85% of customers won’t come...
by Fr8war | Dec 12, 2019 | Artificial Intelligence, ML in Logistics
HOW MACHINE LEARNING IS DISRUPTING LOGISTICS AND TRANSPORTATION SECTOR “Artificial Intelligence is the new electricity of the modern world” -Andrew NG Today, we are creating 2.5 quintillion of data every day in the form of texts, videos, images, and...
by Fr8war | Nov 13, 2019 | Blog
There is no doubt that the Logistics sector plays a vital in any country’s infrastructure development. NO smooth goods flow means NO steady economy. There are mainly three modes for freight operations: Air, Water, and Roadways. However, we cannot neglect the...
by Fr8war | Oct 10, 2019 | Uncategorized
There’s no denying that the internet has turned the planet into a unified marketplace. Logistics is the backbone of the whole E-commerce sector. When E-commerce was taking its shape initially, slow delivery services were frustrating for both customers and retailers....
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