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.…

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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…

Why the ‘Shareconomy’ Is the Future of Logistics

Why the ‘Shareconomy’ Is the Future of Logistics March 9th 2018 I NWCC Operations Team The idea of a global shared economy—which has given rise to businesses such as Uber, Lyft, and Airbnb that share resources among user bases—is projected by PwC to generate revenue of at least $335 billion by 2025. An increasingly popular…

FMCG Sector is focusing on Haryana, Assam to be new warehousing hubs

FMCG Sector is focusing on Haryana, Assam to be new warehousing hubs For FMCG and consumer durables because of consolidation and tax benefits Warehousing cost to fall 25-50% after GST Warehousing cost for consumer durables has reduced to almost halve, and has fallen by 25-30% for fast-moving consumer goods (FMCG) after the implementation of the…

Warehousing demand picks up in North East, especially in Guwahati and NESA region

Northeast India shares 98% of its border with Bhutan, Bangladesh, China, and Myanmar, is seen as an important international trade corridor and commerce opportunities with these neighbouring countries. Tourist numbers to the region have been dramatically increasing in recent years. Northeast India is the eastern-most region of India connected to East India via a narrow…

Blockchain technologies receive a shot in the arm:

European Commission launches the EU Blockchain Observatory and Forum The EU Blockchain Observatory and Forum will play an active role in helping Europe to seize new opportunities offered by blockchain, build expertise and show leadership in the field. The European Commission has launched the EU Blockchain Observatory and Forum with the support of the European…

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…

GST revenue figured touches Rs 90,000 Crore in September

Latest news on GST : GST revenue figured touches whooping Rs 9K Crore in September.  The total revenue of GST paid under different heads (upto 25th September, 2017) is Rs. 90,669 crore. This was stated in an official release from the finance ministry. The total CGST revenue is Rs. 14,402 crore, SGST revenue is Rs. 21,067…