TOP 5 TRENDS IN THE TRANSPORTATION AND LOGISTICS INDUSTRY TO LOOKOUT FOR IN 2021
It is like deja-vu: a shortage of labor, disruption of supply, unpredictable customer demand, stuck shipments, the risk of front-line workers in the logistics industry catching the COVID-19 virus, the…
How Digitalization of Logistics can Reduce Freight Costs
Logistics Managers /Supply Chain Heads have a lot on their plates such as managing daily operations, handling delivery issues, and keeping a close watch on the freight cost. Technology has…
Top KPIs for Supply Chain and Logistics Heads to Improve Performance
Businesses focusing on logistics often struggle to identify the most impactful operational KPIs. They often have difficulty linking key transportation metrics to operational impact resulting in operational failures, delayed customer…
Covid-19 Vaccine: Supply Chain Challenges
As we enter 2021, the whole seems to be revolving around the Covid-19 vaccine and its availability. As various governments give a nod to the vaccines, one of the critical…
How Containers Shortage is Impacting Shipping Industry?
Freight carriers are confronting a shortage of transportation containers in the midst of high demand for delivery by sea and increasing supply chain costs for certain organizations across Asia. (more…)
5 Trends Driving Logistics towards Technology & Automation
Innovation and automation have already brought big swings to the logistics industry in recent years. Businesses are undergoing severe transformations with automation and new technological solutions changing the way people…
Problems with Spot Freight Negotiation & How you can fix it
For a price sensitive economy like India, cost and timely delivery are the most critical concerns of transportation. Over 35% of manufacturers and construction enterprises have limited certainty or predictability of routes and dispatch frequencies. (more…)
Impact of Goods and Services Tax (GST) on Logistics Industry
Logistics industry is considered the backbone of Indian economy. The Indian Logistics Industry is home to 45 Million people. However, as per the World Bank’s Logistics Performance Index 2010, India is placed at 47th position out of 155 countries. India spends approximately 14% of its GDP on logistics which translates into USD 140 billion. (more…)