Category: Supply Chain
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11 Advantages of Logistics Management for Business Growth
Logistics management is the key aspect in driving business growth because it embraces a variety of functions including from handling, managing and storing goods or products to finally delivering them to end consumers. The department of Logistics management is not only limited to material handling but it also gains highlights due to its ability to…
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Which are the Top Freight Forwarding Companies in India?
Freight forwarder companies are an intermediary step between the client and the various modes of transportation being used to transport goods. Freight forwarders do not move the goods themselves, but they help to coordinate the logistics of the process by dealing with international import and export. Freight forwarder company helps to overcome most of the…
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Logistics Operations & Their Importance For Streamlined Business Operations
Logistics is an important part of supply chain management. It is essentially the process that begins well before the product is ready. Logistics operation starts right from the procurement of the raw material and continues till the finished products reach the end-user. It undergoes a series of processes in between. It includes raw material processing…
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Logistics Challenges: The Advantages and Disadvantages of the Logistics Sector
Logistics is an exhaustive process that ensures the safe and secure delivery of the product to the customer. It is considered one of the most complicated and valuable vocations for companies as it helps generate revenue by meeting the demand of customers. We know manufacturing is the initial step in the supply chain system and…
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FTL vs LTL: Key Differences and How To Understand Which Model To Select
You’ve probably heard of the acronyms LTL and FTL when discussing shipping options. But what do they represent? What’s more, how do they differ from one another? Shipping is now an essential part of almost all businesses. There is a decent probability that you will need to send things in some capacity, whether you are…
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How Many Port Companies Are There in India?
India’s extended coastline offers enough portions of land extending into a water body and favors the building of distinct types of seaports and handling cargo traffic. It is one of the biggest peninsulas across the globe and around 95 percent of its trading is serviced by 13 major ports (12 Government-owned and one private) and…
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What Do Business Management and Supply Chain Management Have in Common?
Just like other sectors, the shipping industry also needs business management for managing processes smoothly. Freight shipping companies could hardly survive without management, given that today they are facing many challenges while doing business in the global market, and management is key to duly adapting to their business environment. The success of container shipping companies,…
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Traditional Vs. Digital Freight Forwarders: How They Are Different?
Digital freight forwarding is the new rage adopted by many freight forwarding companies and people involved in international trade. The use of digital technologies such as freight forwarding ERP software for coordinating and controlling the transportation of products help optimize the processes and add value to customers. For a long time, freight forwarders adopted the…
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Top 5 Logistic Business Ideas in 2022
Looking for a business idea in the logistics industry in 2022 could turn out as the best career move for you. The Global Supply Chain Management market size is expected to grow from USD 28.9 billion in 2022 to USD 45.2 billion in the next 5 years. Logistics being the backbone of supply chain management,…