The Supply Chain of New Era – 2030 It’s all about staying relevant in a changing business environment—naturally, logistics and supply chain operations are evolving to meet the trend. The old is giving way to the new; it’s time to check out the top trends shaping the future of supply chain and warehousing. Digital technologies…
Retail & Distribution Key challenges of today’s retail sector The outlook for today’s retailers and wholesale distributors remains challenging. Many retailers find themselves confronted by unpredictable consumer spending and increasing competition. Wholesale distributors are leveraging emerging technologies and developing an integrated supply chain strategy in an effort to attain operational excellence and market differentiation. Key issues…
What is Customer-Focused Supply Chain? The core target of every Business today is to handle and hold increasing number of customers by focusing on its supply chain. And at the same time to be successful in the market. To adapt to ever-changing business dynamics the business has to stabilize Customer-Focused or Outside-In supply chain model.…
3PL services pan India The term 3PL stands for 3rd party logistics. It is a procedure that represents the freelancing of supply chain features and logistics features to a third-party provider. When one engages in a product manufacturing business, the procedure for shipping logistics becomes vital. There are many organizations that have connections with contract…
Popular eCommerce Order Fulfillment: Building an ecommerce business is no easy task. Between product development, marketing, and customer service, ecommerce business owners have a lot on their to-do lists. It can be tempting to choose any old order fulfilment strategy simply to get it done. Order fulfilment can seem like an afterthought, after all.…
THIRD PARTY LOGISTICS SERVICES The importance of logistics and supply chain management is increasing in manufacturing companies as they are sourcing, producing and distributing across the world and hence managing their supply chain is getting very complex. However, outsourcing logistics activities such as transportation, warehousing, inplant material handling and other value-added services to experienced third-party…
Why the ‘Shareconomy’ Is the Future of Logistics March 9th 2018 I NWCC Operations Team The idea of a global shared economy—which has given rise to businesses such as Uber, Lyft, and Airbnb that share resources among user bases—is projected by PwC to generate revenue of at least $335 billion by 2025. An increasingly popular…
FMCG Sector is focusing on Haryana, Assam to be new warehousing hubs For FMCG and consumer durables because of consolidation and tax benefits Warehousing cost to fall 25-50% after GST Warehousing cost for consumer durables has reduced to almost halve, and has fallen by 25-30% for fast-moving consumer goods (FMCG) after the implementation of the…
European Commission launches the EU Blockchain Observatory and Forum The EU Blockchain Observatory and Forum will play an active role in helping Europe to seize new opportunities offered by blockchain, build expertise and show leadership in the field. The European Commission has launched the EU Blockchain Observatory and Forum with the support of the European…
The 2018 Union Budget was presented by the Finance Minister Arun Jaitley, on 1 Feb 2018. This is the first budget after the introduction of prominent reforms in the Indian economy, such as the Goods and Services Tax implementation, mega PSU bank recapitalisation, and dynamic fuel pricing. The key features of the Union Budget 2018…
