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Speaking to TechGraph, Vishal Totla Co-Founder & COO of Shipyaari said, “There is much to do in the logistic space and very little has been scratched.”
Read the complete interview here:
TechGraph: Could you give us a sense of how far Shipyaari has come since its existence?
Vishal Totla: Shipyaari is a logistics aggregator that was founded in 2013 to provide shipping and logistics solutions to e-commerce companies in India. Since its inception, Shipyaari has grown to become one of the leading logistics platforms in India, with a network of more than 28,000 pin codes and over 25000 registered shippers. Shipyaari has grown profitably since its inception at a CAGR of 60% year on year.
TechGraph: How exactly does the technology work at Shipyaari?
Vishal Totla: Shipyaari uses a variety of technologies to optimize its logistics operations, including machine learning algorithms, automation, and data analytics. The Shipyaari platform connects multiple carriers to their shippers and enables them to deliver services seamlessly.
The platform helps e-commerce companies with shipping, tracking, and managing their logistics operations. The technology enables Shipyaari to provide real-time tracking, and accurate delivery estimates, and optimize the shipping process to reduce costs.
TechGraph: With Machine learning adoption in the supply chain and logistics sector speeding up, how is Shipyaari capitalizing on the same?
Vishal Totla: Shipyaari has been quick to adopt machine learning and other advanced technologies in its logistics operations. The platform uses machine learning algorithms to optimize shipping routes, reduce delivery times, and minimize costs.
Additionally, Shipyaari leverages data analytics to identify trends, patterns, and anomalies in its logistics operations, enabling it to continuously improve its services, and also shares the same analytics with its shippers to help them make informed decisions about their businesses and operations.
TechGraph: How is Shipyaari leveraging technology to enhance the distributor’s experience?
Vishal Totla: We provide real-time tracking, advanced analytics, and automated processes. Distributors can access the platform to track shipments, receive notifications, and manage logistics operations.
Additionally, the platform provides distributors with detailed reports and analytics, enabling them to make data-driven decisions.
TechGraph: Do you think tech-powered logistics players can address the logistics gap in India?
Vishal Totla: Yes, tech-powered logistics players have the potential to address the logistics gap in India by providing innovative solutions that improve efficiency, reduce costs, and optimize logistics operations. The adoption of advanced technologies, such as machine learning and data analytics, can help logistics players in India streamline their processes and deliver better services to end customers.
TechGraph: How do you see technologies namely AI and cloud technology relevant across the supply chain and logistics sector? What does the future look like?
Vishal Totla: AI and cloud technologies are becoming increasingly relevant across the supply chain and logistics sector, as they enable logistics players to automate processes, optimize operations, and deliver better services. In the future, we can expect to see even broader adoption of these technologies, as logistics players seek to improve their competitiveness and meet the growing demands of customers.
Additionally, we can expect to see the emergence of new technologies, such as blockchain and the Internet of Things, which will further revolutionize the logistics industry. There is much to do in this space and very little has been scratched. India’s logistics being most unorganized give tech companies a chance to do lots of experiments and create new experiences, examples could be the dark store-led quick commerce and hyperlocal deliveries.