A 3rd Party Logistics Company handles its supply chain operations and logistics on its customers. Third-party logistics companies offer receiving, storing, packing, and shipping services. Some 3PL companies also provide Value-added services. Kitting and assembly, postponement packaging, and inventory management [...]
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 [...]
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 [...]
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 [...]
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 [...]
Explore the future of logistics at the intersection of speed and environmental concerns. Discover the innovative solutions reshaping the industry for sustainability and efficiency. Introduction In a world where time is of the essence and environmental sustainability is paramount, the [...]
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 [...]
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