Table of Contents What is procurement of raw materials? What are the 7 steps of the procurement process? Five strategies for raw material procurement Seven common procurement principles How is procurement of raw materials managed How to adopt a quality management...
One of the major challenges in procurement is inadequate needs analysis. Not having clarity on your production requirements like who needs the goods or services, when you need them and how to source them within timelines is often a major setback for businesses. This...
The pandemic and subsequent lockdowns impacted the supply chain sector with huge uncertainties, instabilities and risks. While industries worldwide are still battling with supply chain disruptions, most businesses are fast making foundational changes to their logistic...
Shortage of working capital is one of the common problems for the MSME sector. As a business owner, you can always take an MSME loan to support your financial needs, including loans for business expansion, purchase of machinery, pay rent or lease property, or any...
Many think that logistics activities are limited to transportation of goods. However, the scope of any logistics company is way beyond transportation. In fact, transportation (by air, water, and road) is only one of the main logistics activities. There are several...
Table of Contents Understanding the Major Logistics Models in India PTL vs. Other Logistics Models Top Benefits of PTL Logistics for Indian MSMEs How to Choose the Right Logistics Model for Your Business PTL Challenges & Solutions The Future of PTL in India...
A robust logistics management system is imperative for every business to make it big. A crucial component of logistics is a door-to-door delivery service. Customers today demand a smooth and timely delivery of their products at competitive prices. Therefore, while...
Table of Contents Elements of 3PL Benefits of 3PL for Manufacturing Sector Benefits of 3PL for Construction and Building Materials Sector Benefits of 3PL for Retail and E-commerce Sector Benefits of 3PL for Agriculture and Food Processing Sector Benefits of 3PL for...
Table of Contents How reverse logistics works? steps involved in reverse logistics Reverse supply chain vs reverse logistics Examples of different types of reverse logistics benefits of reverse logistics reduce reverse logistics cost Key points in reverse logistics...
Table of Contents Connection of logistics and supply chain How logistics and supply chain management are similar Differences between logistics and supply chain Difference between physical distribution logistics and supply chain Difference between logistics and...
Table of Contents Challenges faced by logistic industry in india Major players in logistics industry Key trends in logistics industry Future of the logistics industry Choosing the right logistics partner The contribution of logistics in India’s GDP is about...
Table of Contents What are 3PL Services? Differences Between 3PL and 4PL Four Types of 3PL Services Technology in 3PL and Benefits for MSMEs Cost and Pricing Models of 3PL in India Sector-specific and Regional 3PL Needs Government 3PL Initiatives Case Study Conclusion...
