VIDHAN '20

Team Name - Analytics to Jaan hai

Aditya Ajitsariya
Diksharth Harsh
Shubham Mundra
 Analysis of number of trailers required for new project

Buy Option
About company
Cost of changing tyres 396,000
• An end to end integrated logistics providers Kms till change of tyres 60,000
• Use Multimodal logistics services i.e., transfer of Cost of one trailer 2,800,000
goods from rail to road and vice versa Life of trailer (years) 7
• Company operates with both company owned and Monthly EMI 60,000
Assumptions
rented trailers Duration of Loan 5 Years
• Interest Rate on Loan – 10.5%
• Recently started operating in one of ICDs with EMI (By PMT) 59,492
• Tenure of Loan – 5 Years
following monthly demand of trailers Cost per Km
• Salvage value of truck is Zero
Tyre change 6.60
• Per year cost of truck is ₹4,00,000
Diesel 43.00
Days in Month No. of Trailers Required • Total interest cost paid over 5 years Driver and helper salary 8.00
Day 1 - Day 10 50 has been equally divided over the Driver allowance 4.00
Day 11 - Day 20 110 life of asset (i.e.7 years) Permit/insurance/road tax 3.00
Day 21- Day 31 130 • All trucks are occupied for Maintenance 2.00
concerned period Overheads 3.00
Misc. 5.00
Methodology Used Results Financing 9.34
No of Trailers to be purchased: 115 Cost per km 83.94
Profits Maximization was done by optimizing number
of trailers rented and purchased by using a Linear No of Trailers to be rented: Revenue per Km 105.00
Programming method 4 during Day 11 to Day 20 Profit Per km 21.06
 Driverless Vehicles – Challenges and Recommendations
Safety
Automobiles won’t necessarily be able to Cost
make judgment calls about choosing Overcoming Challenges
High research and
between swerving and hitting a child in the
development cost must
road versus hitting an empty cardboard box
be incurred for self-
that’s blocking the lane
driving cars
Training of AI and ML systems
to match human capabilities
Legal Issues
Cyber Security
If the vehicles are involved in Making specialized 3D maps with
As vehicles get smarter accidents, who will be held features such as length of a
and more connected, responsible for it, the crosswalk, height of a traffic light, &
the privacy or control manufacturer or the owner? the curve of a turn.
is at risk as there are Automobile manufacturers can
more ways to get into more or less expect Focusing ML activities on the driving
them and disrupt what continuous lawsuits cultures of individual geographies
they're doing
Exploring ways that can minimize
potential fatalities to prevent security
breaches and protect the privacy of
Communication Weather individuals
Inter-communication between vehicles Car sensors don't work as well in fog or rain or Introducing vehicles in fair weather
would be difficult in terms of transmitting snow. Heavy rainfall interferes with sensors, and then moving to challenging
information in areas of poor reception, and snow on the ground makes it hard for locations enabling learning from
between inter-brand vehicles and the vehicles to read lines on the road. experience
amount of information to be shared
 Turnaround Time
• Once business receives order following functions are
carried in backend
• Inventory Management Components of TAT
• Order Fulfilment
• Prepare Shipping
• To reduce TAT company has to work on all these aspects
Receive
Customer End Place Order Track Order
Dock activities at one of Inland Container Depots (ICDs) Order

• Area has to be sufficient to stage and spot

carriers
• Dock levellers and locks for carrier
Receiving unloading
Activities • Staging area to palettize or containerize
goods
• Information systems for allowable of report
generation
Receive Inventory Order Prepare Order
Order Management Fulfilment Shipping Delivered
• The accumulation and packing of the order
• The order has to be staged and checked
• Reconciliation of shipping release and
Shipping customer order
Activities • The carrier should be spotted and secured Business End
at dock
• Loading of carrier
• Dispatching of carrier
 How to reduce the TAT?

Inventory Management Efficient transport

• Company should have Warehouse Management system (WMS) to Intelligent transportation system
accurately track inventory in all stages of the fulfilment process • It involves assignment, routing and scheduling of vehicles by tighter
Steps that can be taken: integration of telecommunications and information technology
• System can deliver real time data like
 Travel Time
 Travel speed
 Delay
 Change in route
• Collaborative ITS can help in optimizing the travel time by sharing
data gathered from truck to whole fleet
Look at Introducing Optimize Use of
Review your
current more store smart
current set Functional Requirements for implementation of ITS
accuracy of flexibility to arrangemen picking
up
inventory workforce ts solutions

Data
Data source Data
Governance
management preparation
and security

• Automation can deliver improvement to picking times and Temporary Data driven Predictive
performance Data storage action Analytics
• Smart picking solutions like ASRS system can be employed
• Use of IoT based tools such as RFID’s to track consignments
 Annexure

Detailed Calculation Microsoft Excel

Worksheet