Future of Supply Chain Management

Supply chain and logistics are the backbone of global trade but as the demand is growing the disruptions in the industry is becoming more frequent. Result? Traditional logistics systems are struggling like delays, inefficiencies, and a lack of real-time visibility create bottlenecks that impact businesses and consumers alike.

Here is where emerging technologies like Artificial intelligence (AI), Internet of Things (IoT), Smart sensors, GPS tracking, RFID tags etc are helping businesses to resolve the challenges. Together, these innovations improving efficiency and reshaping supply chains to be faster, smarter, and more resilient. Here blog highlight the top challenges Supply Chain Management Industry is facing and the tech driven startups incubated and supported by MeitY nasscom CoE resolving these challenges.

Top Challenges in Supply Chain Management

Challenges in Supply Chain Management

1. Lack of Real-Time Visibility

Lack of transparency is something supply chain industry faces the different stages of the process. Delays, misplaced shipments, and inventory shortages often go unnoticed until it’s too late.

2. Inefficiencies in Warehouse Management

Currently most of the warehouses rely on manual processes which leading to errors, delays, and inefficiencies in inventory management. Picking, sorting, and restocking can become bottlenecks, slowing down the entire supply chain.

3. Demand Forecasting and Stock Shortages

Inaccurate demand forecasting predications leads to two major nightmares. Overstocking and understocking. Which causes major operation challenge – one leading to tying up capital and the other one causing missed sales opportunities.

4. Security and Fraud Risks

Involvement of multiple stakeholders can sometimes make them vulnerable to fraud, counterfeiting, and data breaches as there is no proper accountability mapping. This results to challenges like lack authenticity of goods, compliance with regulations and frauds.

5. Rising Transportation Costs and Route Inefficiencies

Transportation expenses is something that can affecting overall supply chain profitability and working. The uncertain fuel costs changes, inefficient route planning and unexpected delays are the major challenges the SCM industry faces.

Deep Tech Startups Driving the Future of Supply Chain Managment

The Indian supply chain management ecosystem is undergoing a major shift by addressing the above challenges with cutting edge solutions. Leading this transformation are these brilliant minds that are leveraging deep-tech technology to solve industry bottlenecks, enhance efficiency, and build resilient logistics networks.

Meet these pioneering supply chain management solutions supported by MeitY nasscom CoE to drive innovation and impact:

MeitY nasscom CoE – Supply Chain Startups

Syook

Incubated at MeitY nasscom CoE, Syook is redefining how businesses track and manage their operations with its no-code Real-Time Location System platform.Designed to bring clarity and efficiency to supply chains, Syook’s InSite platform offers a comprehensive, data-driven approach to operations management, ensuring real-time visibility, safety, and compliance.

At its core, Syook’s technology leverages BLE anchor-gateways to capture precise location data and seamlessly stream it to InSite servers. This allows businesses to visualize assets and personnel on a digital map, optimize workflows, and make informed decisions.

Beyond tracking, Syook provides a flexible marketplace for businesses to develop customized IIoT and RTLS solutions, adapting to different industry needs. With an ecosystem of reliable tags, gateways, and sensors, the platform integrates seamlessly into existing operations, helping organizations streamline processes and enhance overall efficiency.

Roadcast

As supply chains grow more complex facing multiple challenges, intelligent and real-time logistics management solution is a need of the hour. Roadcast, a deep-tech startup supported by MeitY nasscom CoE, is addressing this challenge with its AI-powered digital logistics platform, designed for seamless fleet and asset tracking. It integrates EV solutions, fuel monitoring, video telematics, and automation tools to enhance mobility management across industries.

Roadcast technology solution enables businesses to track vehicle and asset locations in real time, which leads to optimized fleet performance, resulting in improved decision-making with data-driven insights. By combining automation and sustainability, Roadcast is helping businesses to scale while reducing inefficiencies and environmental impact.

As the company visions to reshape global logistics they are continuously developing cutting-edge solutions that enhance connectivity, reliability, and operational control. By leveraging AI and automation, it is building a future-ready logistics ecosystem where efficiency meets sustainability.

TechEagle

Logistics is evolving beyond roads and runways, and TechEagle is leading this transformation with high-speed, long-range drone delivery solutions. By integrating hybrid e-VTOL (Vertical Takeoff and Landing) technology, TechEagle enables seamless, efficient, and autonomous transportation of goods across healthcare, e-commerce, defense, maritime, and hyperlocal logistics even in remote and inaccessible regions.

Incubated at MeitY nasscom CoE, TechEagle has developed Vertiplane X3, India’s fastest Made-in-India hybrid e-VTOL drone. With the ability to carry up to 3 kg of payload over 100 km at speeds of 120 km/hr, it ensures rapid and reliable deliveries without requiring runways or extensive infrastructure. Equipped with advanced sensors, dual propulsion redundancy, and an independent parachute system, TechEagle prioritizes safety, security, and efficiency in every flight.

Beyond speed and precision, TechEagle is making drone delivery a cost-effective and scalable alternative to traditional logistics. By pushing the boundaries of innovation and sustainability, it is shaping a future where businesses can transport goods faster, safer, and smarter unlocking new possibilities in supply chain management.

Conclusion

As Indian technology landscape continues to evolve, startups like Syook, Roadcast, and TechEagle will be at the forefront. With the support of MeitY nasscom CoE, these tech-driven startups are pioneering solutions and embracing deep tech solutions that allows businesses to unlock new possibilities and stay ahead in an increasingly competitive landscape.

Leave a Reply

Your email address will not be published. Required fields are marked *

WordPress Themes