IITLS-2017

News from India Integrated Transport & Logistics Summit- IITLS-2017

News from India Integrated Transport & Logistics Summit- IITLS-2017 : NWCC recently participated in the India Integrated Transport & Logistics Summit 2017. IITLS took place at the plush lawns adjoining Rajpath, behind Vigyan Bhawan, New Delhi. The 3-day Summit wich started on 3rd May 2017 was attended by around 3000 delegates from India and abroad,…

GST Tax implimentation

GST impact on Warehousing

GST impact on Warehousing in India In India, there has been no uniform and easy to implement taxation policy in place across various supply chains. Consequently, the distribution as well as warehousing strategies are tax oriented which restricts effective utilization of available resources. As we have seen, companies build warehouses in each state to evade…

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…

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…