Budget 2016 – 17 Impact on logistics Industry

Budget 2016 – 17 Impact on logistics Industry: Emphasis on tax compliance GST rollout INDIRECT TAXES The most anticipated budget of the government is finally here. The Finance Minister, Mr Arun Jaitley presented the budget in an unconventional format, laying emphasis on the key projects of the Government and the various challenges it faces in…

Warehouse the most important links of your supply chain

Warehouse the most important links of your supply chain. It’s crucial to optimize warehouse management operations in order to compete with other businesses. Key performance indicators (KPIs) give you a means to measure how well you are doing and make the right adjustments. They allow you to set benchmarks and improve your business practices. The…

Improve your manufacturing supply chain management

Supply chain and manufacturing: Focus on three “Vs” to improve manufacturing supply chain management Visibility, variability and velocity. Focusing on these three factors is key to increasing the effectiveness of any company’s supply chain. Unfortunately, many aerospace and defence manufacturers may not realize they have a problem in these areas if they don’t have the…

GST: Impact on the Logistics Industry

GST: Impact on the Logistics Industry The goods and services tax (GST) is being talked about as the single most powerful tax reform that India will see. The objective is to end the regime of multiple taxes on goods and services and bring them under one rate. The system will change from the current production-based…