As Peter Drucker, famously said, “The purpose of any business is to create a customer.” As the focus from Suppliers is shifting to Buyers, the Businesses today are realizing that in order to be successful in the marketplace, they need [...]
Indian Logistics Industry is said to be 13% of GDP. One can hear this figure in almost every intellectual discussion related to Logistics and infrastructure. Many are even unaware of where this figure comes from, this gets actively cited at various [...]
Outsourcing of logistics functions within firms is a business dynamic of growing importance all over the world. A growing awareness that competitive advantage comes from the delivery process as much as from the products has been instrumental in upgrading logistics [...]
Supply Chain plays an important role in any business and Integrated -> Seamless ->Adaptive Supply Chain is the way forward. It’s good that the Integrated Supply chain is catching the fancy of the emerging economies, though many years after Michael [...]
This quiz is based on a customer query that our team witnessed recently during a customer meeting. The customer was planning to import some shipments from China to India. The plan was to import these shipments and then store the [...]
How would the logistics of future look as the Environment assumes larger importance and speed will be imperative to be lost? Climate change and its consequences will have a far-reaching effect on logistics. As one of the largest producer of [...]
Unique combinations and usages of resources results in innovation. Interactions provide platforms for exchange of ideas on available permutations and combinations of resources. In a conference attended recently, I came across an interesting discussion in terms of a specific query [...]
The excitement got killed when a colleague made fun of the new opening posted by HR: Manager – Spares, the post read. My friend and colleague said – “Any Manager that is SPARE will be chosen for this role.” There [...]
A Free Trade Warehousing Zone (FTWZ) or export processing zone (EPZ), also called a foreign-trade zone, formerly a free port is an area within a country in which goods may be landed, handled, manufactured, or reconfigured, and re-exported without the [...]
Throughout history, the intertwining relationship between transportation and logistics has continuously shaped the way goods are moved and managed. As logistics evolved from its military origins, it began to transcend sectors and find applications in various industries. In the academic [...]
