Be it any business, transportation/logistics play a prominent role in it. From having a fleet of thousand vehicles to a few, from owning the fleet to outsourcing it to another, there are various problems faced by all the fleet businesses but most of them are associated with the expense management.
Logistics is the backbone of the economy, providing the efficient, cost effective flow of goods on which other commercial sectors depend. The logistics industry in India is evolving rapidly and it is the interplay of infrastructure, technology and new types of service providers that will define whether the industry is able to help its customers reduce their logistics costs and provide effective services. Continue reading “Logistics scenario in India”
Supply Chain Management (SCM) is a concept that arises from two crucial ideas. First, the collective effort of all the organizations involved is mirrored in the product that is handed to an end user. Together, all these organizations are called the supply chain. Second, a lot of companies have overlooked the minute details and efforts needed to be perfected to implement a supply chain that was not disjointed and incompetent. Continue reading “Tech Integration in Supply Chain Management”