The logistics sector is one of the most prominent players in the development of Indian economy. Today, Indian Logistic sector stands at an estimated worth of $194 Billion and is expected to witness an increment of $21 Billion in the next 2 years. Well, a huge credit can be given to GST (Goods & Services…
Indian Logistics Industry: Solution to the Challenges
Challenges beget innovation and change. The same holds true for the logistics industry. There has been a significant amount of technology adoption alongside a changing regulatory environment, improved infrastructure, and the resultant elimination of intermediaries. The clear-cut tax structure with the implementation of GST has decreased, if not complete removed, inefficiencies, and delays in the…
How an International Freight Forwarder can help Your Business
If you happen to own an international business, you must have been acquainted to those irksome hassles, and headaches regarding shipping of your outbound consignments. After all, establishing reliable vendors, loyal business clients and trustworthy payment gateways, you should worry about what happens to your products when they are exported to your international client. Proper…
3 Hidden Shipping Costs and How to Avoid Them
A lot of people have a perception about shipping, it being the most strenuous task in a supply chain, demanding the management to be a notch more meticulous than they are required to be for other verticals, and to your surprise even our thoughts ponder on the same note. Shipping demands a lot more attention,…
Third-Party Logistics & Your Lean Warehouse PART 2
In order to better understand this article, we would suggest you have a look at PART-1. If you are already versed, continue reading. People, the Most Important Asset Third party logistics provider tends to fabricate an atmosphere in which people are at the focal point. If the ground staff does not comprehend the problems, or…
Third-Party Logistics & Your Lean Warehouse PART 1
Keeping in line with the general business practices, company’s instead of keeping its warehouse operations in-house, outsource it to a third-party logistics provider (3PL). We have come across instances where a shipper demanded more from a third-party logistics than it would from itself. This practice is specifically true as far as continuous improvement is concerned….