Logistics is not trucks and trailers anymore, it’s the computer aided complex algorithms that rule the supply chain these days. The basics say there are two kinds of supply chains, the efficient supply chain system and the responsive supply chain system. Moreover, the competitive strategy of the firm determines the nature of the supply chain the firm adapts. Let’s make ourselves clear by citing two examples:
This decade where the supply chain systems have undergone a transformation with the help of technology is really an interesting subject of study. This ultimate concept which will soon be a part of the existing supply chain will create a new degree of responsiveness for firms. The major question here is like quality, responsiveness also comes with price and will the customers ready to pay the super-premium prices?? Will this concept be feasible for every location and how will amazon overcome the loopholes and possibilities of secure delivery? Nevertheless, necessity is the mother of invention and this applaudable transformation of the supply chains do have the potential to act as a competitive advantage and increasing revenues of the firms substantially. In the Indian context this transformation will happen not immediately but definitely.