The quick commerce (Q-Comm) sector in India is expanding to include new range of products as well as spreading to new geographies at a rapid pace. Fueled by the customer demand for variety as well as safe and quick delivery of products, one of the key asks remains on-time delivery along with product freshness and integrity. With increasing on-demand sales of perishable products such as fresh & ready to eat food, pharmaceuticals, dairy products and even wearables, high value consumer electronics and certain home appliances, cold chain logistics has started playing an increasingly significant role for the Q-Comm sector.
With increased consumer demand, Q-Comm market is expected to grow at a 12% CAGR1 by 2025. Technological advancements such as ambient temperature & humidity control, real-time temperature tracking, multi-temperature refrigerated trucks and automated systems, guarantee product integrity, minimize wastage and increase efficiency, thereby driving the growth and sustainability of this sector.
This edition of TCI’s in-house magazine Enroute, titled "Chilled to Perfection: Cold Chains Shaping the Quick Commerce Success", delves into the crucial role played by cold chain logistics in Q-Comm.
In it we are delighted to introduce 4 practical case studies which explore the strategic alignment of cold chain logistics with the fast-growing Q-Comm industry. Spanning the Dairy, Chocolates, QSR & pharmaceutical industries, these case studies highlight how in specific cases, companies are accruing benefits such as –
- Upto 95% delivery accuracy
- Upto 5% inventory accuracy
- Upto 95% reduction in distributor returns
- Upto 70% reduction in waste & pilferages
- Upto 30% cost savings
- Efficient order fulfillment for 5000+ SKUs
and more.
Despite its growth and expansion, efficient cold chain logistics remains a niche playfield as it is affected by high operational costs and long list of regulatory compliances, making it an expertise driven branch of logistics. Now, technologies such as IoT, predictive analytics and blockchain are overcoming such challenges, enhancing efficiency and security. Read about all this & more in our Cover Story section.
Also explore our corporate updates for quick highlights on TCI’s recent achievements, recognitions & insights from leaders on key trends as well as new solutions to meet global trade demands.
We hope you will find this edition of Enroute informative and thought-provoking.
FAQs
- How does real-time temperature monitoring prevent cold chain disruptions?
Real-time temperature monitoring ensures immediate adjustments to prevent spoilage, maintaining the integrity of temperature-sensitive products during transport. - How does predictive analytics improve cold chain efficiency?
Predictive analytics allows businesses to anticipate potential issues, reducing waste and optimizing delivery schedules for better efficiency. - What role does IoT play in enhancing cold chain logistics?
IoT sensors monitor temperature and environmental conditions in real-time, improving cold chain visibility and reducing spoilage by 20%. - Why is blockchain essential for cold chain traceability?
Blockchain offers transparent and tamper-proof records of product conditions, enhancing accountability and trust across the supply chain. - How is cold chain logistics addressing environmental concerns?
Innovations such as electric refrigerated trucks and energy-efficient cooling systems are helping reduce the environmental footprint of cold chain logistics by 30%.
References
- https://www.thebusinessresearchcompany.com/report/cold-chain-global-market-report
- https://www.fortunebusinessinsights.com/cold-chain-logistics-market-106305
- https://www.precedenceresearch.com/perishable-goods-transportation-market
- https://www.pristinemarketinsights.com/cold-chain-logistics-market-report
- https://archerpoint.com/addressing-challenges-in-cold-chain-logistics-with-technology/