Impact of GST on FMCG Sector

Impact of GST on FMCG Sector

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…

Budget 2017

Budget 2017: India’s logistics sector expects timely implementation of GST

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…

logistics-banner

Impact of GST on Indian economy

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

Inventory Management Techniques that will Save You Money

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…

GST Impact India India

GST IMPACT ON SUPPLY CHAIN MANAGEMENT

GST is presumed to be the next big-bang financial reform in the Indian context. It will be a boon to various industries. It is a good time for the players to restructuring their ideas with an opportunity to increase profitability which were previously unavailable. They can proactively invest to make their supply chain leaner and…

reverse-logistics-map

Reverse logistics can achieve supply chain sustainability by following 7 easy steps.

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…

chemical-industry

On the move for the chemical, oil and fertilizer industries

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…

scm-3

Supply Chain Challenges of today and tomorrow.

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,…

indian-auto-industry

The Burgeoning Indian Auto Industry-A study

The Burgeoning Indian Auto Industry-A study Introduction The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country’s Gross Domestic Product (GDP). The Two Wheelers segment with 81 per cent market share is the leader of the Indian Automobile market owing to a growing…

Facility managment

The Report Titled “ India Facility Management Market Forecast to 2020” as per market conversant.

The Report Titled “ India Facility Management Market Forecast to 2020” as per market conversant.   The report provides detailed overview on the facility management market and anticipated growth in future depending upon changing industry dynamics in coming years. Key topics are covered in the report are; Comparative analysis of facility market in India. Market…