Logistics Industry and Supply Chain Solutions: The new metamorphosis

Started as a niche concept in military, supply chain or factory management has evolved into a core business milieu today. It is not surprising either that e-commerce and IoT are playing a crucial role in shaping the modern logistics management. KPMG in one of its reports stated the value of warehousing industry towering at 56,000…

5 Ways to upgrade your supply chain planning

Find out why adding new technology for technology’s sake is not the answer to solving your supply chain planning. And how integrated digital planning could be. For many organizations, the promise of new technology and digital holds great appeal. However, leveraging technology alone is not sufficient to set you up in the digital journey of…

Logistics Strategy in Manufacturing and Distribution

When you’re developing a logistics strategy for your manufacturing or distribution company, it’s not a simple matter of picking a shipper and being done with it. Logistics may seem like a small component of your business, but in reality, it’s second only to product quality in terms of the impact it has on your customer.…

FUTURE SUPPLY CHAIN & WAREHOUSING

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…

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The importance of logistics and supply chain management

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…

What union Budget 2018-19 has for you?

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…

Effective spare parts management and services are crucial for optimization, success

Effective Spare parts management of parts inventory can bring companies enormous costs savings and, in addition, bring great benefits. Therefore, it definitely pays to look critically at all the inventory processes and see where improvements can be made. Our experience is that many companies underestimate this and do not realize they can achieve great benefits…

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BEST PRACTICES FOR IN-PLANT LOGISTICS EFFICIENCY

Best practices for In-plant Logistics efficiency Industrial companies must eliminate waste in manufacturing to become more efficient and to achieve a reduction in costs. We have seen in many cases where the manufacturing units go into losses if they are not able to eliminate wastage well within time. As a result, many industrial companies implement…

GST-Implimentation

GST IMPACT ON VARIOUS SECTORS

GST IMPACT ON VARIOUS SECTORS – A BREAK DOWN GST is all set to be rolled out after 17 years since it was first proposed. The much talked about ‘One nation one tax’ GST has been implemented in the country from midnight on June 30., just enough to make it a strong contender for news…

Supply chain

What is the future of logistics and supply chain in India?

Future of logistics and supply chain in India. Since the liberalization of the Indian Economy in the early 90s, India has been pegged to become a global power. Since then, significant developments in technology, talent development, and infrastructure have meant that India has grown into a world leader in multiple fields. Supply Chain was not…