In today’s globalized economy, supply chain success plays a critical role in the growth and sustainability of businesses. A well-crafted and efficient supply chain can significantly enhance a company’s competitive advantage, customer satisfaction, and profitability. Organizations strive to optimize their supply chains to achieve agility, global reach, and efficient speed. In this article, we will explore these three key factors and how they contribute to maximizing supply chain success. 3 Key Factors of Supply Chain Success Agility: The concept of agility in supply chain management refers to t ..read more

The Indian commercial vehicle industry is exploring multiple pathways to achieve sustainability and reduce emissions. While electrification has made significant inroads in certain segments, decarbonizing medium- and heavy-duty trucks and buses remains a significant challenge. The adoption of electric vehicles (EVs) in India has been steadily increasing, particularly in the city bus and last-mile delivery segments. In 2022, commercial EV sales grew by an impressive 169 percent, driven by the demand for electric buses and three-wheelers. Many cities now prioritize electric buses over CNG buses i ..read more

Market intelligence plays a crucial role in empowering supply chain decision-making. With the rapid pace of technological advancements and global market dynamics, it has become increasingly important for companies to stay ahead of the competition by making informed decisions. Supply chain professionals can gain deep insights into market trends, customer behavior, competitor strategies, and other relevant factors through market intelligence. This information is critical for making strategic decisions that can optimize the supply chain, increase operational efficiency, and drive business growth ..read more

The future of transportation is rapidly evolving, with leading automotive giants like Daimler Truck AG and others embracing sustainable propulsion technologies to combat climate change and meet stringent emissions regulations. In a recent industry event, key executives from these companies shed light on their strategies and commitments toward achieving carbon neutrality. Girish Arya, CEO of Daimler India Commercial Vehicles (DICV), emphasized that liquefied natural gas (LNG) will only serve as an interim, tactical solution for long-haul transportation. The company’s primary focus will be on ba ..read more

The logistics industry is a critical component of the global economy, responsible for the movement of goods from manufacturers and suppliers to customers worldwide. However, the traditional supply chain processes can be inefficient, time-consuming, and prone to errors and fraud. This is where blockchain technology comes into play. Blockchain, the underlying technology behind cryptocurrencies like Bitcoin, offers a decentralized and transparent system that can revolutionize the logistics industry. Here are the top reasons why you need blockchain in logistics to boost supply chain efficiency. Ad ..read more

India’s trucking industry, the backbone of the country’s logistics sector, has witnessed a mixed trend in freight rates across major metropolitan cities in March 2024. According to data collated by the Centre for Monitoring Indian Economy (CMIE), the cost of transporting goods by truck saw an uptick of 1-2% in the southern cities of Bangalore and Chennai, while rates remained unchanged in other major hubs like Mumbai, Lucknow, Ahmedabad, Hyderabad, Trivandrum, and Kolkata. The analysis focuses on the per-kilometer cost of transporting goods using 15-tonne trucks, calculated as the expense incu ..read more

E-commerce has seen exponential growth in recent years, with more and more customers choosing to shop online for convenience and accessibility. However, with increased competition, it is becoming increasingly important for e-commerce businesses to focus on customer loyalty. One often overlooked aspect of customer loyalty is logistics. Logistics play a crucial role in the e-commerce industry, from order fulfillment and shipping to customer service and returns. Indeed by improving the logistics process, e-commerce businesses can enhance the customer experience, increase customer satisfaction, an ..read more

India’s warehousing sector is currently experiencing a significant transformation, driven by the simultaneous growth of the industry and infrastructure. Moreover, with the upcoming 2024 elections, the country is witnessing a surge in infrastructure projects that aim to revolutionize connectivity and enhance economic growth. This, in turn, is expected to greatly boost the growth of the 3PL and warehousing sectors. A recent report has highlighted the remarkable growth of the Indian warehousing market in the first half of 2023. The total space take-up has increased by 35% year-on-year, reaching a ..read more

The logistics landscape in India is experiencing a transformative shift with the rapid progress of the Dedicated Freight Corridor (DFC) project. Covering an impressive distance of 138 kilometers, the corridor is now operational in over 90% of its entirety. As we approach the end of April, the project is set to achieve further expansion, highlighting the government’s dedication to improving freight transportation infrastructure and fostering economic growth. The Indian Railways’ ambitious project, the DFC, is set to revolutionize the transportation of goods by establishing dedicated corridors e ..read more

FASTag is now a key instrument in revolutionizing toll transactions throughout India as the government pursues digitization and more effective transportation networks. Paying the toll at toll plazas is quick and easy using FASTag. Although different cars require different fastags, yet they can be connected under the same CUG (Closed User Group). Recharge FASTag is possible with Cards, UPI, and Net Banking. FASTagSuvidha: A Revolutionary Approach to FASTag Recharges FASTagSuvidha stands out as a prominent FASTag agent network in India with a variety of services designed to satisfy the unique ne ..read more