Table of Contents Vendor Managed Inventory meaning Benefits of VMI VMI examples How VMI works VMI process Pros and Cons Logistics and VMI When you think of the retail and eCommerce giants in business, selling n number of diverse products online, you could be asking –...
Table of contents: GST on goods transport Exempted goods RCM on transportation GST rate on passenger transportation Frequently asked questions Whether good transport or passengers, both attract GST at different rates. Therefore, it is important to learn about the...
Table of Contents Definition Direct distribution channel strategy Examples of direct distribution Indirect distribution channel strategy Examples of indirect distribution How to determine In the business of manufacturing, only setting up a manufacturing process is not...
Table of Contents What are inferior goods? Examples Types of goods Inferior goods vs normal goods Inferior goods vs giffen goods When you read the term ‘inferior goods’ some might think that this refers to the quality of goods. On the contrary, this is an economic...
Table of Contents What is logistics technology? Emerging tech in logistics AI automation in logistics Blockchain in SCM Cloud logistics Logistics and IoT Digital twins in logistics Future of digital logistics tech You want to track the status of a shipment, you enter...
Table of Contents What is rail transport? Benefits of rail transport Disadvantages of rail transport Goods transport on rail vs road Finding a freight train for your products How is rail transport helping MSMEs Rail transport is a popular choice for many businesses to...
Table of Contents What is a national permit How to apply for a national permit National permit fees National permit fees online payment Eligibility criteria Documents required Commercial vehicles carrying goods across India will need a national permit to cross state...
Table of Contents Types of transit insurance How to buy a transit insurance policy online? How to claim transit insurance coverage? Transit insurance or inland transit insurance is an insurance policy taken to cover damages to the goods in transit. This insurance...
Table of Contents What is wholesale Types of wholesale businesses What is retail Types of retail businesses Wholesale vs retail: Differences Wholesale vs retail: Which is more profitable If you are starting a small business and battling with the idea of whether to...
Table of Contents Overview History How to track containers How to contact When one thinks of logistics solutions, shipping or waterways is one of the important modes of transport. According to UNCTAD, over 80% of international trade by volume is done through...
Table of Contents Transport subsidy scheme explained Eligibility for the scheme Applying to the transport subsidy scheme The transport subsidy scheme was a scheme introduced to promote industrialisation in remote, hilly and inaccessible areas. As the name suggests,...
Table of Contents What is CFS in shipping? How does CFS work? Functions of CFS in shipping Benefits and features CFS shipping charges CFS vs CY Why is CFS necessary? CFS is an abbreviation used in the logistics industry while shipping goods from one destination to the...
Table of Contents What is multi-modal logistics park Key functions Benefits List of planned MMLP Need for MMLP Highlights of MMLP The Indian logistics industry is facing multiple challenges including a lack of infrastructure, higher operational costs, and so on. The...
