As Peter Drucker, famously said, “The purpose of any business is to create a customer.” As the focus from Supplier is shifting to Buyer, the Businesses today are realising that that in order to be successful in the market place, they need to strengthen the Customer-Focussed or Outside-In supply chain model. Outside-In supply chain cannot […]
Indian Logistics Industry is said to be 13% of GDP. One can hear this figure in almost every intellectual discussion related to Logistics and infrastructure. Many are even unaware of where this figure comes from, this gets actively cited at various industry discussions, conferences and white papers and is interpreted differently by various ‘experts’. Poor […]
Outsourcing of logistics function within firms is a business dynamics of growing importance all over the world. A growing awareness that competitive advantage comes from the delivery process as much as from the products has been instrumental in upgrading logistics from its traditional backroom function to a strategic boardroom function. Outsourcing is a practice that […]
Supply Chain plays an important role in any business and Integrated -> Seamless ->Adaptive Supply Chain is the way forward. It’s good that the Integrated Supply chain is catching the fancy of the emerging economies, though many years after Michael Porter introduced the value chain analysis concept in his 1985 book ‘The Competitive Advantage’ where […]
This quiz is based on a customer query which our team witnessed recently during a customer meeting. The customer was planning to import some shipments from China to India. The plan was to import these shipments and then store the material in India in order to reduce the ‘time to market’, so that as and […]
How would the logistics of future look as the Environment assumes larger importance and speed will be imperative to be lost?
Climate change and its consequences will have a far-reaching effect on logistics. As one of the largest producer of CO2 emissions, the industry would find itself in a precarious situation as the expectation of Governments, […]
Unique combinations and usages of resources results in innovation. Interactions provide platforms for exchange of ideas on available permutations and combinations of resources. In a conference attended recently, I came across an interesting discussion in terms of a specific query from the head honcho of a global IT &Telecom company. They were looking at starting […]
The excitement got killed when a colleague made fun of the new opening posted by HR: Manager – Spares, the post read. My friend and colleague said – “Any Manager that is SPARE will be chosen for this role.” There went the desire to apply for the role. Who on earth would want to stick […]
Free Trade Warehousing Zone – Genesis, Concept, Objectives and envisaged benefits for trade in India
A free trade zone (FTZ) or export processing zone (EPZ), also called foreign-trade zone, formerly free port is an area within a country in which goods may be landed, handled, manufactured or reconfigured, and re-exported without the intervention of the customs authorities. Only when the goods are moved to consumers within the country in which […]
Transportation has always been a backbone of logistics and supply chain management. The word “Logistics” actually appeared in article as early as 1898 “The French have a third process, which they call logistics, the art of moving and quartering troops”. Transportation in military setting is then the foundation of modern logistics and supply chain management.