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.…

The True Story behind- Customer Focused Supply Chain

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.…

2018 trends in Indian warehousing and logistics

2018 trends in Indian warehosuing would be an exciting year to look for. In the recent study done by the World Bank, India has jumped 19 positions in the Logistics Performance Index (LPI). Now, the country stands at 35 rank, while it stood at the 54th position back in 2014. The greater investment opportunity in…

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…

5 Tips to Reduce your Warehousing Costs

5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. With the myriad of tasks and…

GST_impact_Ontrasport_Industry

Goods and Services Tax impact Transport and logistics (T&L) sector

GST impact Transport and logistics (T&L) sector What to expect The registration, payment and refund processes under GST will be routed through a centralised common portal set up by GSTN. The common portal will act as an interface between the taxpayers, authorities, banks, RBI and accounting authorities.  At the back-end, the portal will be integrated…

HELLO_GST

GST Impact on Logistic Sector in India

GST Impact on Logistic Sector With the introduction of the Goods and Services Tax (GST) from July 1, 2017, inter-state transportation of goods would become more efficient. And among all, the logistics sector, comprising inbound and outbound segments of manufacturing and services supply chains, is likely to get the much-needed boost. Logistics companies in India…

GST – Road to efficient logistics

GST Impact on Logistics Companies

Let’s understand the GST Impact on Logistics Companies: Author: Mr. Venkat Reddy B. – AVP Strategy, Biz Analyst & Audit – NWCC LLP The unified tax regime, that is, GST is coming into effect from 1st July 2017. GST will bring about some significant but welcome changes, especially for logistics sector. NWCC is tuned up to…

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…