Industry experts forecasting that the 3PL company market in India will grow at an annual rate of 8.36% by the end of 2022. Read the complete blog to understand the top three trends that will affect the future of supply chain management in India.
An e-commerce company can't survive without agile and resilient supply chain management. So here we are giving you the 7 most crucial Supply Chain Tips for any Ecommerce Business. Read the complete blog to have a brief understanding about it.
You will find a lot of people who say that ‘logistics’
is the new name for supply chain management. Both the terms are sometimes used
interchangeably. Global logistics & supply chain management is crucial for
worldwide commerce. And, shipping, moving, sending, receiving and tracking goods
is the central part to that success.
With the reach of organizations expanding rapidly and
globalization at its peak, transportation of goods and services from one corner
of the world to another may seem hassle-free. But is it truly hassle-free?
In the current time, cold chain management has become
a progressively complex process. This is because of the increasing demand in the
Food, Medical and pharmaceutical divisions, and their stringent regulatory
Different Kinds of buisness will need the services of
warehouses.Most of these buisness are related to sales,shipment,warehousing and
stocks.A warehouse will play a vital role in these kind of businesses.
Inventory is a valuable and important asset. Being
able to manage it effectively will most likely help you develop the profit
margin of your business. For many businesses, inventory is the single most
expensive investment.they hold.
The opeartions of some warehouses are wasteful,in
terms of time and other resources.Suprisingly in some organizations,few
individuals in leadership positions are well versed in organizing, coordinating
and running operations.
Material handling is the science of movement, handling
and storage of material during transportaion.People can move material by lifting
the items directly or use handcrafts,slings, and other handling accessories.
The greatest challenge to achieving superior inventory
control,and maximizing the return of inventory investment, lies in developing
accurate forecasts.over the years,some companies have been able to stay on the
track with effective demand planning.
Warehouse is an important function of businesses, it
is the center of ay wholesale distribution system. It is a place where the
merchandise initially arrives and is stored, packaged and finally transported to
numerous stores or outlets for sale.
One of the most important things for any business to
hold on to its customer's trust. The demand of customers needs to be met while
utilizing minimal inventory. As such, companies must have just the right amount
of stocks, excessively stocking would require the allocation of more fund in
order to manage the inventory.
From all times, the concept of artificial Intelligence
concerned people from different parts of the world. It had been predicted as a
future technology bu groups of professionals but many percieved the idea as
Tourism is a huge and dynamic industry that is
comprised of a wide variety of service buisnesses that reflect the same dynamics
and priorities that a manufacturer would have for Opeartions Palnning(OP) and
Supply Chain Management(SCM).
inventory optimization is the method and process of
determining the appropriate inventory levels across an ebtire supply chain-has
never been a simple problem,but the emergence of new tool is allowing companies
to get the essential job done faster with higher accuracy and greater impact on
Have you heard of supply chain mamagement best
pratices? These are habits that are known to create success in managing and
selling goods to consumers. There are many different metgods, but some just work
better than others. There are ways that are known for saving buisnesses lots of
time and money.
The importance of effective Supply Chain management in
all businesses cannot be overstated. Increasing consumers demand necessitates
the need for more efficient and flexible supply chain. Hence, the need for
optimization of the end-to-end supply chain management between manufacturers and
Developing an efficient and effective supply chain is
essential to the survival of any business in this highly competitive century.
Selling on a global scale can be lucrative but many small and medium enterprises
(SMEs) lack the resources to thrive in the global competition.
ERP refers to Enterprise Resource Planning. The system
aids manufacturers to effectively and efficiently use assets and provide
customers with the visibility they require. ERP enables manufacturers to offer a
platform that allows an effective response to the changing supply chain.
For a long time, Supply chain management and logistics
relied on human inputs. The modern world has, however, found a new, easy and
relatively highly accurate approach with IoT. The advent of devices such as
sensors and chips, which are constantly connected has brought a new stream of
automation in the industry.
Cold Chain Technologies provides thermal and insulated
packaging options which help keep temperature sensitive item and products safe.
Cold storage management is the best choice in prolonging the useful life of
Preserving temperature sensitive goods and items have
been a necessity for a very long time. The industry dates back to ancient Egypt
and has been improving ever since. Researchers are in constant search for ways
to improve the ease of operations in the industry.
Controlling inventory effectively is an important
aspect of the success of all businesses, especially those that deal with
physical products. This is essential to prevent the damaging, expiration or
obsoleteness of the products.
Warehousing is an important function of a business
that involves physical distribution. An efficient warehouse is critical for
improved customer satisfaction. It helps to ensure quick and accurate delivery
of products to customers.
The business world today is dynamic and competitive,
people's demand is constantly changing to keep up with this dynamic world. This
is why the demand of customers is seen as one of the most crucial aspect of all
The world today is in the middle of an evolution.Over
the past decades,there has been substantial improvements and innovations in how
we handle data Collecting,analyzing and viewing.The world today is in the middle
of an evolution.
At one point on the other, we’ve all has issue with
choosing the right product, trying to understand when the time is right to
launce the product and making a decision on the environment to sell the
products. Unfortunately, we cannot control time.
Irrespective of the type of your business you will
need to keep your products for sometime before they are being sold to the
market. The effectiveness of your product while they are in store is completely
dependent on the quality of your storage facility.
Cold chain storage facilities are spaces used in the
distribution supply chain by which temperature-sensitive items are kept within a
cold temperature range. For example, vaccines, pharmaceuticals, yoghurts, meats,
cheese, pastries, fish, medicines, blood and plasma cannot be exposed to
unstable temperatures while distributing.
Cold chain in the simplest term refers to a
temperature-managed supply chain. An untarnished cold chain is an uninterrupted
collection of storage and distribution processes that maintain a certain range
of temperature. It is mainly utilized to assist in extending and guaranteeing
the shelf life of goods that are shipped and exported to distant places.
Given today’s business environment, it is not an easy
task to keep a lifetime customer, the very survival of business may depend upon
how much of your customers you are able to keep with you. This is essential and
it’s a way for you to make your business operate more efficiently.
Inventories can be in the form of property, goods in
stock or the contents of a building. Keeping them safe is a core concern of
retailers, irrespective of industry and size. Effective control of your
inventory serves tp protect you from external factors that can hinder the supply