Jaipriya K S,
Content Writer, siliconindia

In recent times, India has become a giant for supply chain management across the world. Illustrating to this, Indian startups are booming as a forerunners of transforming the supply chain landscape by harnessing all the possible power of technology, automation, and efficient business models in order to eliminate the complexities of supply chain, reduce the costs, and enhance the quality of services. They are being bullish and focused on enhancing the supply chain solutions through emerging innovative solutions and underscoring the major issues in supply chains across diverse sectors.

So here, let’s analyse the new-age supply chain solutions and business models by startups in India across top sectors which are leading to staggering success.

Cosmetics

As we are living in the era where cosmetics and personal care industry is standing at the focal point of consumer demand and innovation. In this bustling landscape, enterprises are grappling with the process of supply chains to meet the evolving consumer demands and expectations. Catering to this, startups in India are leveraging the power of digital integration platforms to simplify the process of supply chains by merging the manufacturers, retailers, traders, distributors and buyers on a single digital interface. The digital integration platforms are improving communication and transparency from the ground level by reducing the delays and unexpected stock-outs.

Through implementing effective inventory management and order processing using these advanced platforms, startups are ensuring the timely refilling of products and better demand estimation. They harness real-time data analytics to examine and monitor the inventory levels and sales rate. This help in cutting down the excess stock and make sure the trending and most in demand products are available for people anytime, anywhere.

“As the supply chain industry moves from being a mere service provider to end-to-end solutions, it has paved the way for technology to play a growing role and makes the future look promising”. - Chitransh Sahai, Director - Corporate Relations, GoComet