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What is SIMS for Steel Imports? A Practical Guide for MSMEs in 2025
Procurement

What is SIMS for Steel Imports? A Practical Guide for MSMEs in 2025

Importing steel in 2025? Do you know SIMS compliance is now mandatory? The Steel Import Monitoring System (SIMS) is a DGFT rule that requires MSMEs to register every steel shipment before it leaves the exporting country. This guide explains what SIMS is, how to file it, fees, validity, common mistakes, and the latest November 2025 update allowing annual registration. Learn how SIMS affects pricing, delivery timelines, and landed costs – and why smart compliance protects MSME margins.

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Components of logistics and logistics management in modern business
Logistics

Components of logistics and logistics management in modern business

Logistics is a prominent function of every business, and there are several components of logistics and logistics management that come into play to bring efficiency, agility, and accuracy in logistics operations. We take a closer look at logistics management components and elements of logistics that streamline logistics functions in businesses...

Incoterms® 2020: What do you know about incoterms in logistics?
Logistics

Incoterms® 2020: What do you know about incoterms in logistics?

What are Incoterms and why are they essential in global trade? How do they simplify complex international transactions? In this article, we help you understand all about Incoterms, the set of 11 internationally recognised rules that bring clarity to buying and selling across borders. These rules determine responsibilities for shipping,...

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Kanban for MSMEs: Simplifying Inventory and Logistics
Logistics

Kanban for MSMEs: Simplifying Inventory and Logistics

Kanban helps MSMEs manage inventory, reduce stockouts, and speed up dispatches. This guide explains how to set up kanban boards, avoid common pitfalls, and choose the right logistics partners. It’s a simple, proven system to bring visibility and control to warehouse operations.

Last updated on: Jun 25, 2025
Ananya Mittal
Start a Steel Business in India: 2025 Blueprint
Procurement

Start a Steel Business in India: 2025 Blueprint

Do you a steel business idea in mind and plan to start a steel business? Are you worried that a steel business requires a huge investment? Here is an insight into various aspects of starting a new steel business. Learn about the business ideas, how to arrange investment funds, business plan, and important steps to consider to start, and so on.

Last updated on: Aug 6, 2025
Swati Deshpande
High Speed Steel: Cut Costs With Smarter Procurement
Procurement

High Speed Steel: Cut Costs With Smarter Procurement

This guide offers a practical approach to sourcing high speed steel, focusing on selecting the right grades, comparing domestic and import options, evaluating supplier reliability, and tightening RFQ and documentation workflows. Designed for procurement teams, it helps reduce costs, minimize delays, and avoid quality mismatches through smarter, structured decision-making.

Last updated on: Jun 19, 2025
Ananya Mittal
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