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 The traditional ways to meet multi-channel demands seem to be outdated and multi-channel retail logistics has felt the added pressure coming through different channels.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 times’ warehouse designs are taken for granted and neglected in terms of investment, considering the overall supply chain strategy. However, it is the warehousing operation in most businesses that is the key factor in the success or failure of the supply chain.
The main functionality of a warehouse is to receive and distribute products all along the supply chain process. So, it becomes important to take into consideration how the warehouse is designed. The requirements of the present as well as for the future should always be kept in mind.
Read on to know the role of warehouse design […]
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 […]
Green Supply Chain Management is about integrating an innovative and environmentally friendly approach while designing the supply chain process. In conventional supply chains across industries, we all have been observing rising concern on the climate shift and increasing pressure on the companies to reduce the carbon footprints.
In their endeavor to make the supply chain greener, companies primarily focus on the transportation mode of the product whereas packaging is generally a less focused area which can help in making the supply chain greener, especially for industrial or automotive vertical. The major challenges faced by companies include in-house skills to design and […]
Warehouse is a key link in matching demand with supply. Warehouse design should be in sync with the overall supply chain strategy while meeting the operational goals of the company.
An improper warehouse design will not only increase your cost but also affect your service levels and customer satisfaction. Every warehouse has unique design requirements and there is no standard solution.
An ideal warehouse design will increase your throughput, efficiency, productivity and reduce your total cost of ownership. So, if you are struggling with low productivity, it is the right time to review your warehouse design.
Evaluating your existing warehouse design is a […]
Do you want to improve your inventory management and accelerate your client deliveries? Are you looking for ways to boost your business profits while reducing costs? In order to increase productivity and profits, you need to ensure that your supply chain runs smoothly. When your supply chain is performing at peak efficiency, you can be sure of shorter processing times, reduced spoilage and significant cost savings. Below are 6 best practices to streamline your supply chain management and stay profitable:
Implement an Effective Distribution Strategy
Having end-to-end visibility into the distribution network facilitates constant tracking of product distribution. A solid distribution […]
With the rise in technology, supply chain operations have gone through a lot of advancements. As warehousing is an important component of all supply chains, we have noticed changes in the ways of carrying out warehousing operations. There is no doubt that better warehouse technology can be of greater help in the proficient management of warehouses. Research firm Gartner states that by 2020, there will be a sharp increment of 66% in the number of warehouses proceeding towards a setup of effective warehouse technology.
Experts recommend usage of warehouse technology which will enhance throughput, reduce product damage, improve inventory control, enhance […]