GST and Logistics sector
GST and Logistics sector The implementation of the (GST) goods and services tax ushered in much-needed modify in India’s largely unorganized logistics and transport sector, and helped speed up movement of trucks, according to industry executives. The switch to GST tax led to at least 20% reduce in turnaround time of trucks after border check […]
The Challenges of Supplychain Management
The major challenges of the supply chain management includes the transforming of the importance of supply chains from supplier to customer. Actually supply chains have been developed from factory outwards so that the company’s business model may be continued without major change. The management tries to ensure that the production process is most efficiently run […]
Shipping Industry
Shipping industry pays an important role in the economy of a country. The shipping industry supports transportation of national and international cargoes. Globalisation has helped the shipping industry to acquire new dimensions in terms of demand and infrastructural development. There is always a tough competition and hence rapid transformations are brought about. The handling of […]
Logistics and Technological Innovations
Logistics industry has not been a strong competitor, and has not been able to achieve the deserved attention. There is a lot of scope in this sector, but we are still unable to make the maximum utilization of resources. At the same time we do see a great demand and awareness of the sector in […]
Physical distribution and logistics
The area of business management that is responsible for the movement of raw materials and finished products and development of movement system is called physical distribution. The study and practice of physical distribution and logistics emerged later. The major functions of physical distribution include customer service, order processing, inventory control, transportation and logistics and packaging. […]
Top 11 Warehouse Operations Best Practices
With the adoption of good warehousing practices, we can improve warehouse operations. Warehouse management if done right can reduce costs, improve customer satisfaction and increase warehouse operational efficiency. The top 11 warehouse management best practices to improve operations are: Warehouse Picking Best Practices 1. Using standardized containers to store materials simplify order fulfilment, makes it […]
