| |MAY 20205Logistics is an industry segment that is in some way or other contributing to all other industry domains. Supply chain plays an important role in manufacturing as well as in delivery. Be it the movement raw material for production or the delivery of the finished product, logistics is involved everywhere. In recent years, we have seen rapid advancement of the logistics industry in areas like artificial intelligence, blockchain, advanced analytics, and automation, to name a few. These technologies have evolved faster than ever while startups with even newer solutions and innovations continue mushrooming. Research shows that artificial intelligence (AI) is better at predicting outcomes and making projections than unaided human cognition. Many businesses have started implementing AI in their logistics operations to improve speed, enhance supply chain productivity and curb operating costs. In the coming years, AI is expected to continue redefining the world of logistics with innovative offerings such as machine learning algorithms, advanced geocoding abilities, route optimization, demand prediction, warehouse automation and more. Another boon to the sector has been the emergence of blockchain technology that has enabled logistics companies to foolproof digital contracts. Use of this technology allows the different stakeholders of the logistics industry such as manufacturers, suppliers, customers, auditors, warehouse managers, and others to create a transparent and efficient system for recording transactions, tracking assets, and managing all documents involved in the logistics process. What is more, solid procurement practices and stronger relationships with suppliers are being considered a priority in the supply chain process, allowing the procurement department to utilize the business data on suppliers to enhance supply chain decisions. To bring this special issue to fruition, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising Industrial Logistics Companies in India who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies stand out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.firstname.lastname@example.orgThe Lifeblood of Economy Vol 1 · Issue 6 · May 12, 2020 Publisher Alok ChaturvediManaging Editor Nandini MukherjeeEditorSudhakar Singh Editorial Team Janifha Evangeline Teja Boncheruvu Hrikamal Roy Monica Pallavi J Art & Graphics Ashok Kumar Manjunath GM Sales & MarketingVirupakshi PattarSales & MarketingIndranil Chakrabortysales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2020 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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