Supply chains have gone through a huge transformation with fluctuations in demand patterns. In addition, businesses have felt the need to cut down costs as much as possible and stay in the competition. An important component of any supply chain, i.e., Packaging, which remained under the shadow is the area of concern for supply chain managers. Especially in the automotive, heavy machinery and industrial components sector, packaging plays a key role as it not only ensures safe transportation of product but also increases the quantity that can be shipped in a transportation unit. There are multiple industrial packaging solutions on […]
The answer to one very important question – How efficient is your order fulfilment process, will determine how quickly your business will make name for itself and flourish as desired. Order fulfilment process simply constitutes receiving the goods, storing them at a conveniently located position, packing and dispatching them against orders. The key thing is whether all this happens within the expected TAT (Turnaround time) since it will contribute majorly to success across supply chains of different industries. Once you fail to stay on par with the standardised processes, failure is bound to happen.
That’s why it is advised to make […]
The retail industry has very swiftly transformed and with this, it has called for a transformation of all involved variables. It has seen the rise of multiple channels, be it supermarkets, e-commerce or catalog, which has led to a rise in demand and customer expectations. The traditional ways to meet multi-channel demands seem to be outdated and multi-channel retail logistics has felt the added pressure coming through different channels. To counter this, retailers need to have a strong infrastructure in place. As they say, warehouses are the backbone of multi-channel retail logistics and how ready these warehouses are for the […]
Are your assigned tasks getting delayed and do not complete in time? Do you need to follow it up multiple times?? Most importantly, do you wish you could have better control over the task progress? If the answer to these questions is YES, you should read on know how you can get the things done easily. All the strategies and plans have to be broken into tasks to make the execution successful – which makes achieving ‘Daily Operational Excellence – DopEx’ a pre-condition for success. To enable top executives and managers to achieve ‘Daily Operational Excellence’, Holisol has designed a […]
Delivery service is a key component in the entire e-commerce supply chain as this is where online meets offline. How good the product may be, it should be delivered well in time, may be before the customer expects? To be precise, in this competitive world, perfect delivery services ensure good customer experience. On the contrary, last mile delivery tends to add cost to your bottom line and eats up the thin profit margins in a competitive e-commerce scenario. E-commerce sector has seen a rise of new delivery companies coming up every now and then with the promise of delivery service […]
Warehousing is the vital link in any supply chain and leads to perfect order fulfillment if designed and managed professionally. Multiple processes such as receiving, storage, value added services, cross docking, just in time inventory, shipping and cold chain activities are performed under a warehouse. When building and managing a warehouse; businesses always encounter questions hovering around storage structure, inventory management, resource planning and so on.
Proper solutions to these concerns make your warehousing operation delightful, which leads to better, organized processes, and consequently enhance productivity. Established and experienced 3PL service providers know their warehousing network in and out and […]
Most of the time warehouse design is taken for granted and neglected in terms of investment and consideration with the overall supply chain strategy. However, it is the warehousing operation within most businesses that is a key factor in either the success or failure of the supply chain.
The warehouse in supply chain is much like heart in the human body as it keeps on receiving and distributing product all along the supply chain process. So it becomes important to take into consideration how the warehouse is designed keeping in view present requirement as well as future requirement. Read on to […]
GST is one of the biggest tax reforms since independence. GST will subsume almost all the indirect taxes levied by state and central government and will make a significant impact across industries.
The government has proposed four tax slabs at 5%, 12%, 18% & 28 % for a different type of items and services. The impact of GST on retail sector is going to be positive as it will bring down total indirect taxes, increase supply chain efficiency and facilitate seamless input tax credit. After implementation of GST, state boundaries will be irrelevant from taxation and documentation point of view. Vanishing […]
In India, there has been no uniform and easy to implement taxation policy in place across various supply chains. Consequently, the distribution as well as warehousing strategies are tax oriented which restricts effective utilization of available resources. As we have seen, companies build warehouses in each state to evade taxes which actually is not a good practice as far as logistics efficiency is concerned. And even the existing warehousing infrastructure is still unorganized. But with GST coming to the fore and because of its simplified and uniform approach, there is surely going to be a more positive impact of GST on […]
Taxation system has a significant impact on supply chain design of organizations. At present, the logistics decisions are taken based on the taxation system rather than to optimize the operational efficiency. Organizations prefer to have warehouses in each state where it is doing business. In such a scenario, the interstate movement of goods is considered as internal stock transfer and hence CST is not levied. This arrangement has led to an inefficient network of warehouse adding additional cost on the balance sheet of companies.
It is important for companies to understand the GST implications on supply chain and reassess whether their […]