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.
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.
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…
The Indian warehousing industry has seen remarkable growth since 2020, reaching a market value of INR 676 billion and is expected to grow at a CAGR of 9.1% between 2021 and 2026. Warehousing plays a crucial role in the logistics value chain, ensuring proper storage, sorting, and dissemination of goods.
Electric trucks are transforming urban logistics by offering a sustainable, cost-effective alternative to diesel-powered trucks. Powered by rechargeable batteries, they produce zero emissions, have fewer mechanical components, and lower maintenance costs. While the initial cost is higher due to batteries, electric trucks offer long-term savings through reduced fuel and maintenance expenses. Governments also provide incentives…
Monsoons can be particularly challenging, especially for transport companies that play a vital role in keeping the nation running by ensuring the safe and timely delivery of required goods. There are essential precautions that should be followed by every company to keep goods secure during the monsoon: 1. Thorough Vehicle Inspections Before any journey,…
In the rapidly evolving world of global trade, supply chains have become the backbone of economic success, enabling countries to move goods efficiently across borders and continents. Each country faces its own set of challenges and opportunities, leading them to develop unique strategies that cater to their specific needs and strengths. By examining different…