Table of Contents What is an Inland Container Depot (ICD) Functions of Inland Container Depot How does an ICD work Advantages of Inland Container Depots Difference between Container Freight Station and Inland Container Depot An Inland Container Depot, also known as an...
Table of Contents What is PM Gati Shakti Key objectives Pillars How will it be implemented Frequently asked questions PM Gati Shakti Yojana is a National Master Plan for multi-modal connectivity in the country. Gati Shakti, a digital platform, aims at bringing 16...
Table of Contents What is a shipping bill Shipping bill forms How to generate shipping bill offline How to generate the bill online Documents required Shipping bill is mandated by the Shipping Bill and Bill of Export (Forms) Regulations, 2019. This document must be...
Table of Contents What is demand forecasting in logistics Importance and objectives Types of demand forecasting Methods of demand forecasting Steps in demand forecasting Why use demand forecasting in logistics Since the pandemic, logistics businesses have evolved...
Table of Contents What is fuel surcharge How is the surcharge calculated How fuel surcharge affects shipping rate Fuel surcharge rates in India Fuel surcharge waiver Find fuel surcharges of logistics firms All logistics companies charge a fuel surcharge for all...
Table of Contents What is the inventory turnover ratio Formula to calculate How to calculate What does it indicate How to improve Do you know what the inventory turnover ratio is? You could be missing out on important insights about your business. This article...
Table of Contents What is the lead time Why is it important to calculate How to calculate Lead time vs cycle time How to improve You may have heard the term lead time often. Have wondered what it and is how it affects your business? This article throws light on what...
Table of Contents Logistics cost analysis meaning Cost per unit in logistics analysis Calculating cost per unit with formula Cost per unit example Key things to remember Beginning with logistics cost analysis Logistics cost is a recurring element for every business....
Table of Contents What is dropshipping business? How does dropshipping work? Advantages of dropshipping Disadvantages of dropshipping How to start? Have you ever heard of dropshipping business model? Do you know what exactly it is? Is it a new business model? This...
Table of Contents Palletised shipping meaning Pallet freight shipping process Advantages and disadvantages Is pallet shipping right for you FAQs Pallets and palletising are commonly used terms in shipping. Considering rising eCommerce demand and transportation costs,...
Table of Contents What is cross-docking Types of cross-docking How does cross-docking work Advantages of cross-docking If you are looking to deliver goods faster to your customers, cross-docking can turn out to be an efficient method of logistics for your...
Table of Contents Research the export/import market Pick a product and country Make a business plan Officially establish the company Chart a logistics strategy Importation is the activity of bringing a good or service to a country while exporting is selling products...
Table of Contents Economic Order Quantity meaning EOQ formula EOQ example Importance for SMEs Role of EOQ EOQ Limitations FAQs If you are a business owner, there are times when you place orders based on current sales. At other times, you forecast demand and place...
