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…

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…

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…