Impact of GST on FMCG Sector The most visible impact of GST would be on the warehousing strategy of FMCG companies. The 3 lakh crore Fast Moving Consumer Goods (FMCG) industry in India is one of the major contributor to the state exchequer in excess of Rs 40,000 Crores. GST is the biggest tax reform…
Logistics sectors primary expectation from Budget 2017 is timely implementation of GST and Infrastructure Development in Special Economic Zones. The Budget of 2017 has highlighted infrastructure development as a focus area. This covers highways, rural roads, and railways. These investments, aimed at improving connectivity through a multi-modal network, will not only have a beneficial…
Impact of GST on Indian economy : The introduction of Goods and Service Tax (GST) in India is now on the horizon. The Constitution Amendment Bill to replace existing multiple indirect taxes by uniform GST across India is likely to be taken up for voting in Rajya Sabha during this week. Lok Sabha has already…
Inventory Management Techniques that will save you money Some of the most important techniques of inventory control system are: Setting up of various stock levels. Preparations of inventory budgets. Maintaining perpetual inventory system. Establishing proper purchase procedures. Inventory turnover ratios. Always Better Control (ABC analysis). Setting up of various stock levels: To avoid over-stocking…
Logistics’ per say is the management of resources from the source to the point of consumption. A relatively new concept that is catching businesses’ eye is ‘Reverse Logistics’. It primarily deals with the same parameters but in the opposite flow i.e. from the point of consumption to the source; with the aim to recapture value…
We provide end-to-end logistics solutions for chemical, oil and fertilizer Industry. For the chemical, oil and fertilizer industries, safety and efficiency are the greatest concerns in logistics. With many years of experience in the industry, we offer you industry-specific logistics solutions around the globe that fulfil all requirements. At NWCC group, expert teams work with you…
Warehousing and logistics services : NWCC Group has officially inaugurated its new temperature-controlled warehousing facilities, exclusively designed and built for the storage of X-Ray Films and custome radiology films storage for Fuji films at Chennai on 21 Oct 2016. NWCC has been associated with Fuji Films for over 10 years now and has been managing…
Supply Chain Challenges of today and tomorrow NWCC group is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 500 companies realize substantial bottom-line results in record time. NWCC SCM provides complete supply chain management solution that features a performance monitoring architecture and provides supply chain visibility; demand,…
The Months from August to November are by far the busiest months for the Indian Logistics and transportation sector. The air sector for transportation is quite expensive in the country, hence people and companies prefer to save a penny using the land transportation facilities. In a report submitted by KMPG – Logistics business in India…
What will your future warehouse operation look like? A growing complexity at its most basic, warehousing in India is a simple concept. It’s about storing materials or goods and filling orders from one end of the supply chain to the other. But in the real world of today, tomorrow and especially five years from now,…
