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…

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…

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…

Green_logistics

Why Logistics companies are Going Green

Why Logistics companies are Going Green Logistics companies around the world are waking up to the green movement. The current progress of green technology is proving to be a major disruptor in every industry, not least of all logistics, because practically every industry involves using logistics companies at some point. As one of the top…

GST – Road to efficient logistics

GST – Road to efficient logistics

by Ravi Kaul I April 20 I Road to efficient logistics India sets a benchmark in providing the low-cost services by and large in every field. Still, India has higher logistics cost due to various factors and challenges faced by the industry. Our country is vast and complex, and a complex tax structure has governed…

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…