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Artificial Intelligence in supply chain management

Importance of Artificial Intelligence in supply chain management

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The importance of Artificial Intelligence in supply chain management lies in its ability as it helps to automate tasks, analyze vast amounts of data for its further processing, provide intelligent solutions. It also plays crucial role in transforming and enhancing supply chain management practices. It offers various advantages and opportunities to improve operational efficiency, optimize […]

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Essentials of Reverse Logistics in Circular economy

Essentials of Reverse Logistics in Circular Economy!

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In the pursuit for sustainable development, the concept of a reverse logistics & circular economy has gained a lot of attention from e-commerce buyers, sellers & manufacturers. Taking a quick ride towards a circular economy, it aims to maximise resource, minimize waste and promote the 3R’s (recovery, recycling, and reuse) of industrial products and materials.

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Impact of Global Trade Tarrifs on logistics

What is the impact of global trade tariffs on logistics & SCM?

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Global trade tariffs refer to taxes imposed on goods and services that are traded between different countries. So, what is the impact of global trade tariffs on logistics & SCM? They are levied by governments to regulate international trade and to protect domestic industries. Tariffs are applied to imports or exports depending on a country’s

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Inventory Forecasting Techniques

What are the best Inventory forecasting techniques & why?

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Inventory forecasting is a method which helps in predicting inventory levels for future time period. Inventory forecasting techniques helps in keeping track of sales and demand so that companies can better manage their future purchases. Inventory forecasting is a great inventory management tool that can help you increase your company’s revenue and decrease nonessential costs.

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Supply Chain Management Challenges

5 common Supply Chain Challenges for businesses & how to overcome them?

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In this blog we will discuss some common supply chain challenges for Businesses which are seen quite often. Supply chain refers to the interconnected network of organizations, individuals, activities, data and resources involved in the production, distribution and delivery of goods or services from the point of origin to the point of consumption. It encompasses

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Influence of Electric Vehicles for Logistics

The Influence of Electric Vehicles on Logistics Industry in India

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In the current scenario, increasing the use of electric vehicles in logistics is an important step toward reducing carbon emissions & maintaining a more sustainable transportation system. The use of Battery Vehicles in logistics is gaining momentum in India due to conducive government policies and increasing awareness among people & key stakeholders. E-Vehicles are gaining

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Multimodal Transportation

What is Multimodal Transportation and its benefits?

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Multimodal transportation refers to the movement of goods or people using multiple modes of transportation, such as combining road, rail, air, water or pipeline systems. It involves the seamless integration of different transportation modes to optimize efficiency, cost-effectiveness and sustainability in the overall transportation process.     Here are some important factors and benefits of

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Most effective measures to reduce inventory cost in 2023

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Inventory cost refers to the expenses associated with acquiring, storing, and maintaining inventory within a business. It includes various components, such as the cost of purchasing or producing inventory, carrying costs, and any other costs related to inventory management. Reducing inventory costs in logistics is a common objective for many businesses as it can improve

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Green Logistics

Green Logistics & its importance for businesses

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Green logistics, also known as sustainable logistics or eco-friendly logistics, refers to the integration of environment friendly practices and principles into the management of logistics and supply chain operations. Green sustainability focuses on reducing the negative impact of transportation, warehousing & distribution activities on the environment, while optimizing efficiency & minimizing waste.   The vital

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