Transforming Logistics infrastructure by building technology-based products and services.
The increased focus and investment by the government on Logistics industry have led to significant improvements in the sector whilst several challenges continue to persist. Lack of transparency and coordination among stakeholders, such as transporters, fleet owners, consignors and consignees, and the high costs of transportation are some of the major impediments that are still witnessed by the sector. These bottlenecks impact efficiency.
Vara’s solution in the areas of RFiD and IoT have not only improved the operational efficiencies and cargo safety, but have also helped reduce the cost of transport by increasing the speed of freight movement. Vara has also developed a solution on Blockchain platform to increase visibility and coordination among stakeholders in the supply chain.