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Category: Blog
Blog
Why Geocoding matters and the tech behind it
Jun 18, 2020
Team Locus Vittal Sirigiri, one of the top data scientists in Locus, has had quite the professional journey—investment banker, cofounder of a food business, self-taught coder, he’s worn many hats. Vittal’s will to keep expanding his horizons and love for all things numbers made him take up data science and he’s not looked back since. […]
3PL
Software as a Service (SaaS) in the Global Recession of 2020
Apr 21, 2020
Will SaaS reshape the future of logistics and supply chain management in the days to come? Despite strict lockdown policies implemented by governments around the world, and the persevering efforts of millions of healthcare workers, Coronavirus is spreading fast and disrupting daily lives enormously. The pandemic has hit the world economy hard and analysts worldwide […]
Blog
Single’s Day and Available for Shopping
Nov 8, 2019
When we think of events that cause a sharp spike in e-commerce revenues, occasions like Cyber Monday and Black Friday come to our mind. An often overlooked event that creates a massive boom for e-commerce companies in China and SE Asia is Single’s day. Showcasing the pride of being single, in 2018, the festival grossed […]
Blog
No Deal Brexit: A Nightmare for European Logistics?
Oct 14, 2019
Brexit has been a sensational controversy for a long time now but long-delayed for several reasons. However, D-Day is approaching soon. The much-awaited divorce between the UK and the EU is scheduled to take place at 23:00 GMT on the 31st of October, making the Halloween of 2019 even more eventful. Brexit marks the scheduled […]
3PL
What if the Oil Slipped?
Oct 4, 2019
The potential aftermath of Saudi Arabia attacks on world logistics. On Saturday, September 14, 2019, Saudi Arabia faced drone attacks at two major oil production facilities – Abqaiq and Khurais, run by state-owned Saudi Aramco. The attack crippled the world’s largest crude oil processing plant cutting down output by 5.7 million barrels per day (BPD), […]
Blog
Only The Paranoid Survive
May 13, 2019
The message from Andrew Grove, founder of Intel, has been my watchword for Locus. Locus was never meant to be a good company, not even a great one. Locus was intended to be perfect, which means that in this drive for perfection, we often forget to rejoice our achievements. Today as we secure 22M USD […]
Blog
On-Time and In-Full Delivery: Why Balancing Both is Important for You
Jun 25, 2018
On-Time and In-Full Deliveries are the benchmarks of an optimal supply chain. With logistics costs rising, increasing Full Truck Loads (trucks which are almost completely filled) has always been an area of emphasis for logistics managers, often to the point of compromising on the other half — On-Time. Being there on-time is as important as delivering to […]
Blog
Bringing Banking to the Customer’s Doorstep with ‘Locus for BFSI’
Jul 18, 2017
Expectations are a moving target, thereby creating the need for institutions to regularly track and understand how they are Performing Against Customer Expectations (PACE). The PACE index for the banking sector does this on an annual basis, in a global study spanning 8,000 customers and 500 small businesses. The 2016 survey revealed that Indian banks were near the bottom of the global […]
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