Supply Chain Management (SCM) integrates supply and demand management, both within and beyond the organisation, across all the channels and members in the supply chain. In today’s dynamic and globalised market, it is a pivotal differentiator that determines the success of a business. Read on to understand the various nuances of SCM.
The National Capital Region (NCR) is a primary industrial belt in the country and a preferred location for occupiers looking to expand their warehouse footprint in North India. Read the complete report on Warehousing Market in NCR – Delhi.
Launching a dropshipping business is an excellent introduction to entrepreneurship. You’ll be able to sell things directly to customers, set your prices, and market your own brand. It’s an ideal entry point into online business because it involves less financial investment and does not require a facility to get started. Discover all of the stages required to launch your own dropshipping business.
Warehouses are an integral part of the supply chain industry. The warehousing and storage industry has grown to a value of 428 billion US dollars in 2020. Here’s how warehouses are taking up different roles in the logistics industry.
Third-Party Logistics (3PL) comes into play when the traditional business model of in-house handling of operations falls short. Inadequate fulfilment can be detrimental and result in loss of money and customers, whereas outstanding fulfilment can lead to increased productivity and loyal customers. Careful examination of various types of 3PL providers and selecting the most suitable one can do wonders for the growth of a business.
In 2020, the country recorded a high of 74.7 billion dollars in revenue generation through e-commerce. Companies such as Flipkart and Amazon are investing in capital and workforce to promote the adoption of e-commerce. Now is the right time to get into the Indian market and be at the forefront of the ecommerce boom that the country is about to face in the coming years.