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 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 [...]
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 [...]
