Transportation is an essential link of the logistics system, acting as a branch of material production and transporting goods. Road transport is the most extensively used mode of transportation used for both domestic and commercial purposes. Ranging from cost effectiveness to high flexibility, there are numerous factors which act as significant advantages in this mode of transportation; however, there are certain drawbacks which cannot be overlooked. Let us discuss some advantages and disadvantages of Road Transport in this blog.
In the era of e-commerce, the culture of rapid gratification requires prompt delivery, and this is where last-mile delivery has become a focal point for companies. Last-mile delivery can be a key determinant of the cost & time aspect of the shipping process, in addition to being essential for customer satisfaction. With the help of this blog, it will be easier to understand the meaning and key steps involved in the Last Mile delivery process, along with some of the major challenges it faces.
A warehousing business involves the purchase of goods from a manufacturer and temporarily storing them before they are delivered to another site for fulfilment. Setting up a warehouse involves consideration of a lot of aspects, some of the key steps in starting a warehousing business are listed in the blog.
The optimum time to start a business is as a young student due to the availability of free time, access to a vast pool of human capital, and sprawling ideas.
In India, there are a variety of lucrative and low-investment business opportunities for students, which could help them practice their area of interest while simultaneously capitalizing on it.
There are extensive business ideas for students to consider; a few of the most successful and established business ideas for students with no investment are outlined in this blog.
Fulfilment by Amazon (FBA) is a service that enables companies to outsource order fulfilment to Amazon. As we will see through the course of this blog post, Amazon FBA offers numerous benefits to the seller, including Prime Eligibility, outsourcing customer care, and packing and shipping orders. This proves to be highly advantageous as this service reduces the workload while being cost-effective and efficient.
Warehouse space, if available is too expensive, that is unless space utilization can increase 10 – 30% by simply adding elevation of storage capacity. Before going up, feet on the ground, there is a reason 3PLs (third-party logistics), distribution centers, warehouses, and manufacturing work cells have not considered adding a layer of shelving, racking, and conveyance. The limitation of the reach trucks needed to strategically “go up” have prohibited getting access to the extra level of mezzanine capacity. This constraint has been solved with robotics and industrial technology.
Freight Forwarding Company manages all logistical aspects of shipping cargo by air or sea. Freight forwarding is the movement of goods on behalf of the cargo owner. They coordinate the booking of cargo space on the vessel, the insurance of your goods, the real-time monitoring of your cargo, and the preparation of all necessary documents for the end customer.
As the E-Commerce industry’s annual growth rate triples, India’s market potential increases. India is projected to surpass the United States by 2034 as the world’s second-largest E-commerce market. The E-commerce market is projected to reach US$ 188 billion in 2025, up from US$ 46,2 billion in 2020, and US$ 350 billion by 2030.
Ecommerce Shipping is one of the most critical facets of e-commerce marketing as it is one of the most crucial business strategies and can drastically impact the business’s growth. With new shipping strategies and even same-day product delivery by large e-commerce companies, it has become exceedingly difficult for small firms to compete. The primary purpose of a shipping process is to deliver the product within the allotted period while remaining cost-effective.
In the last 10 years, Colombian consumers’ tastes and preferences have changed as they seek to try new products and demand higher quality and product innovation.
The growth trajectory for Colombia is extraordinary! The ability for the country to manufacturer products and ship on time to the USA makes it an ideal partner and poised to manage the labor shortages that plague the USA for the rest of the decade.
Digital B2B eCommerce, while extraordinary, triggered the scope of the supply chain problem. Buyers purchase more online. This frictionless purchasing path has driven demand at a time when supply chains are fragile. Companies react to shortages by stockpiling supplies, exacerbating the misaligned inventory. These supply chain challenges are further aggravated by worker shortages found in every vertical segment.
Elastic logistics is a technique for expanding and contracting logistical capabilities as needed, thus enhancing the overall cost-efficiency of the supply chain. Elastic logistics enables businesses to operate their supply chains more efficiently in response to market swings, scaling up or down based on seasonal activity and other factors. Lean or just-in-time business models have been around for some time, but elastic logistics is gaining popularity.