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 [...]
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 [...]
