Emergence of Third Party Logistics in India

  In the last 2 posts it was about the role of 3 PL service providers and their significance this is the concluding part about need of having the 3 PL service providers and how outsourcing can help companies on focussing their core competence. The logistics cost is estimated between 9% and 20% of GDP for any country. The figure is about 14% for India. India’s logistics sector is highly defragmented and the aim is to reduce the logistics cost from the present 14% of GDP to less than 10% by…

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Emergence of Third Party Logistics in India (Contd./-)

In my last article related to emergence of 3 PL Service providers I have focused on the role of 3rd party logistics service providers and why companies need them.Now we will see what is the significance of this market related to distribution and delivery. The Indian Transportation Environment The Indian logistics structure consists of Surface transport, railways, air freight , Multi-modal transport , ports and shipping . Their performance is dependent on the state of infrastructure – roads, railways, ports and airports. Roads & Trucking: The Indian Roadways play an important…

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Emergence of Third Party Logistics in India

Third Party Logistics in India Third Party Logistics as the name suggests is outsourcing the logistics & Supply Chain activities to a different agency/channel/company. Globally as well as in India the earlier trend in the companies was to manage the entire supply chain on their own and through their dedicated resources. But as the time passes on companies have started outsourcing logistics and supply chain function (which is a non-core activity for them) to 3 PL service providers & players and they have started focusing more on the core area…

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Road to eliminate Skill Gap in Supply Chain & Logistics in India.

Eliminating The Skill Gaps in Supply Chain & Logistics.   In the last two part we have seen the overview of skill gaps and areas where it exists. In this concluding part will try to find out not only the ways to eliminate skill gaps but also how to reduce the gap and get desired results by using optimum resources. First step towards eliminating skill gaps is to identify them. For doing this we have to build a list of the specific skills company needs, and compare it with skills…

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Areas Of Skill Gaps

In today’s blog, I would like to share some more scenario in continuation to my previous blog on  Skill Gap in Supply Chain & Logistics . Areas of Skill Gap   In continuation of overview of skill gaps, we have to see that the major segments where the skill gap is really serious and also type and area of skill gaps. Skill issues exist in different domains and area of Supply Chain but the most urgent and immediate requirement is to improve the skill sets rather eliminate the skill gap in the following segments Warehousing Distribution of Products…

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Skill Gap in Supply Chain & Logistics

Overview  In current scenario everyone is thinking and looking forward to develop certain skill set. In other words everybody wants to reduce/eliminate the skill gap in personal and professional life. Healthy economic growth in past few years has been increasingly supported by robust industrial growth. With new mantra of Skill development this has become more important to create a specific skill set.Skill gap in Supply chain and Logistics is significantly high so it becomes more important to develop the skill sets and reduce the skill gap which is missing so far.  …

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5 strategies to keep supply chain intact when disaster strikes

Leona Harrison,  Analyst, Specialty Fuel Services As manufacturers are looking to source quality goods at the cheapest price, supply chains that were once found in a single country are now spread around the world. While managers have learned to address recurrent risks such as low impact incidents, supply delays, and demand fluctuations, they have not thought about designing supply chains that can mitigate or prevent the impact of risks such as political unrest, labor strikes and, natural disasters. Some of these events can have severe repercussions on the operations hence…

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Disrupting your own supply chain

Ranjan Sinha Leading a successful transformation requires the supply chain manager to make a significant personal commitment and sacrifice, and they may ask “why bother?” The answer is simple: the two key responsibilities of any supply chain leader are to leave the business better than you found it and to leave it in more capable hands. The journey to develop, implement, and sustain a supply chain transformation will improve your business and develop your team. Today’s supply chain leaders face a common dilemma. Production shortages, customer back orders, supplier issues, and…

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How Warehouse Operations and Management is Impacted by Automation

  Contribute by: Paul Trudgian (Paul Trudgian Ltd are leading consultants in operational and strategic supply chain planning and they are at the forefront of delivering cost and service performance improvements in logistics operations. Here they discuss the impacts of the rapid development in warehousing operations through automation, artificial intelligence and robotics.) The warehouse really is at the cutting edge of development and implementation of automation, artificial intelligence and robotics. The speed of change that we’ve seen in our warehouses has been lightning fast, and changes are still afoot. No…

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The end of the logistics chain, going the extra mile….

The Logistics and Supply Chain Specialists Gideon Hillman Consulting, offer their insights on the topic of last mile delivery for ecommerce, and what impact it has on the supply chain. The growth of e-commerce and online retail, it seems, surpassed all expectations over the last 15 years. The everyday consumer has quickly become accustomed to the ever-increasing developments in technology, and subsequently, the ability to purchase items online, and receive them, delivered to their doorstep, within a matter of days. The easier it becomes for the consumer to purchase an…

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