Meet Milind Gupta, the Vice President of Supply Chain and Procurement at Open Secret, a fast-growing F&B brand. With over 14 years of experience in the industry, Milind has worked across various facets of logistics, including warehouse management, cross-border logistics, and last-mile delivery optimization. His extensive expertise and hands-on approach have made him a key…
In today’s world businesses have the power and responsibility not just to react to societal demands but to proactively create a positive impact, leading by example and inspiring change in the world around them.
Supplier Relationship Management (SRM) is the systematic supplier assessment and development process to improve capability, performance, and strategic fit with organizational objectives. It entails analyzing supplier capability and potential, identifying…
JIT is a production technique that aims at minimizing inventory by procuring inventory in the production line when they are required. It was first developed and perfected by Toyota…
In the modern logistics ecosystem, managing multiple vendors is a complex task. Each vendor operates with their own unique formats and processes. Collecting and organizing data from multiple vendors can be time-consuming, which often pulls focus away from other critical business activities.
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What is Fulfillment Center?
A fulfillment center is a facility where businesses store their products, process customer orders, and manage shipping. When a customer places an order online, the fulfillment center steps in to pick, pack, and ship the items directly to the buyer.…
Logistics and warehousing are the driving forces behind every economy. The “Evolving Landscape of Warehousing and Logistics in India” report highlights how crucial these sectors are to India’s growth. The rise of e-commerce, technological advancements, and supportive government policies are further boosting these sectors.
Sustainable logistics is getting the attention it deserves today. But one question that often arises is,‘Can sustainable logistics truly support logistics efficiency?’ Let’s find out. The Green Logistics: Logistics in Harmony with nature Report looks into sustainability in logistics and how it impacts efficiency and operations.
The festive season is an exciting time for everyone. But the sudden demand places an extra pressure on logistics teams. They need to efficiently handle shipments, optimize routes, and ensure smooth coordination between hubs, all while maintaining high delivery standards.
India supplies over 20% of the world’s pharmaceutical needs and is often called the ‘Pharmacy of the World.’ Despite this reputation, India’s pharma supply chain lags behind its global counterparts. In fact, the total cost of the Indian pharma supply chain is 15% higher than the global average.
The ideas of Gandhi, which are centered on simplicity, fairness, and self-reliance, offer valuable lessons for creating a sustainable supply chain. By embracing these principles, businesses can become more eco-friendly and resilient…
India has been one of the fastest-growing economies in recent times. However, our supply chain industry—the backbone of any economy—still lags behind. Currently, our supply chain costs range between 14-16%, while global averages stand at 7-9%.
The fragmented structure of India’s supply chain industry often leads it to be viewed as a burden…