Logistics industry key changes in 2019 It’s almost the New Year and that means it’s time for the logistics industry to consider changes that could come in 2019. As businesses and technology continue to evolve so will logistics. This is a great opportunity for the industry to become more efficient and safe. Here are some…
Shifting pattern of supply chain The world of trade and commerce is experiencing an unprecedented level of change, with an exponential rise in the demands of customers. New businesses are popping up at every turn, introducing new technologies and faster schemes to reach out to consumers, captivate them, and increase chances of brand loyalty. This…
Key Trends Changing the Supply Chain Management Today There is not a single business in today’s era that can ensure smooth functioning without the support of supply chain management. It is the only industry which is a synonym of “time is money” because of the handling, loading, transportation happening at razor thin margins. It not…
Started as a niche concept in military, supply chain or factory management has evolved into a core business milieu today. It is not surprising either that e-commerce and IoT are playing a crucial role in shaping the modern logistics management. KPMG in one of its reports stated the value of warehousing industry towering at 56,000…
Find out why adding new technology for technology’s sake is not the answer to solving your supply chain planning. And how integrated digital planning could be. For many organizations, the promise of new technology and digital holds great appeal. However, leveraging technology alone is not sufficient to set you up in the digital journey of…
Effective Spare parts management of parts inventory can bring companies enormous costs savings and, in addition, bring great benefits. Therefore, it definitely pays to look critically at all the inventory processes and see where improvements can be made. Our experience is that many companies underestimate this and do not realize they can achieve great benefits…
Best practices for In-plant Logistics efficiency Industrial companies must eliminate waste in manufacturing to become more efficient and to achieve a reduction in costs. We have seen in many cases where the manufacturing units go into losses if they are not able to eliminate wastage well within time. As a result, many industrial companies implement…
Don’t let a supply chain control your business In the past 25 years, major original-equipment manufacturers around the world have shifted to the Japanese tiered approach to supply chains. They’ve radically reduced the number of suppliers that they directly manage and off-loaded responsibility for supervising the rest, along with the task of building major subsystems,…
GST IMPACT ON VARIOUS SECTORS – A BREAK DOWN GST is all set to be rolled out after 17 years since it was first proposed. The much talked about ‘One nation one tax’ GST has been implemented in the country from midnight on June 30., just enough to make it a strong contender for news…
GST Impact on Logistic Sector With the introduction of the Goods and Services Tax (GST) from July 1, 2017, inter-state transportation of goods would become more efficient. And among all, the logistics sector, comprising inbound and outbound segments of manufacturing and services supply chains, is likely to get the much-needed boost. Logistics companies in India…
