Skip to main content

LOGISTICS, A CHESS GAME...?


A ₹ 6.4 trillion industry in India, Industry which provided livelihood to 22 million plus people, Industry which is shining brighter and brighter is Logistics Industry.
Yes, A supply chain component will have a growth of 13 % over the next three years and will provide livelihood to 40 million people by 2020. When we add industry to any term, it also brings a broader meaning to it. To understand this, let us first clear these doubts-
a.       Is warehousing and logistics the same?
No, Logistics is about how and when you move your material, it is that segment which focuses on transportation where warehousing known as fulfilling orders, all day, every day is the act of storing goods.
b.       If logistics refers to transportation then, Is Logistics Industry and transportation Industry the same?
No, Logistics Industry is much broader than transportation industry. Logistics is a lot like Chess, it involves strategy, critical thinking and sacrifice, where transportation is the mode to execute the planning when freighting goods from point A to B.
In the recent time it is said that If cards are played right, this sector has the potential to create huge no. of Jobs for the countrymen and will play a key role in driving the economy on a high wave. IS IT EASY?
“Torture the data and it will confess everything”
Fuel cost- Higher the fuel prices, higher the freight charges will be, Government regulations or compliance imposed by Federal, State and Local authorities, Improved Customer Services, Improved Technology, Process Improvement etc. Are all these aspects improving the efficiency? No, these are the challenges faced by logistics industry whenever the graph goes up.
Going forward, Strategic Investment and Government initiatives to support the sector are going to be crucial for the logistics industry in India
 Thus, wind favoring this sector?
Let’s see in the next blog that How GST and E-way Bill generation turned out the big game changer….




Labels:

Comments

Post a Comment

Popular posts from this blog

Secret- The Power of Subconscious Mind

Your mind is a magnet . If you think of blessings, you attract blessings; And if you think of problems, you attract problems, we get what we think. But why it does not work with everyone or let us see how it works…. Have you ever updated the software of your android phone? Our subconscious mind processes 40 million information every single minute which is streamlined to a program. From childhood we have been using single program without updating it. Therefore, when there is a change in our routine life or when there is a conflict between two programmes, we end up with messy results. Master your subconscious mind and you will master your life.   Let us get this from the famous book which is sold over 58 million copies in more than 51 languages across more than 109 countries Rich Dad Poor Dad  where a poor kid does not make it but stupid kid does because poor kid was always taught of struggle and hard work to achieve success where rich kid was taught of gen...
1 comment
Read more

VICIOUS CIRCLE- TRUST BUT VERIFY

“As thou sow thou reap” Have you ever realized that when you call out your name loudly at the end of mountain, your voice echoes and come back to you in the same way? The same happens with our behavior too because life is a vicious circle of happenings; our action and their reaction. Many times, we got trapped in vicious circle because for every other thing we have two different perspectives, then how will the universe work in our favor? “ Life works on action and reaction” Vicious circle is a continuing unpleasant situation, created when one problem causes another problem that then makes the first problem worse. Human beings itself creates vicious circle- “apne pair pe kulhadi marna.” Biggest real-life example is terrorism in Pak. As while sowing the seeds of terrorism against India, they got the fruit of terrorism in their own country. They could not understand that violence will only increase cycle of violence. Terrorism is not only fratricidal but also suicida...
Post a Comment
Read more

GOT- Recap Season 4

Season 4  Its Game of Thrones and couldn’t be imagined without a game, Mad king Joffrey meets his end after being served poisoned wine. Beautiful Stark’s daughter Sansa turned the dice in this season, she smuggled to freedom with the help of Littlefinger. Jaime (who has since lost his hand) arrived at King’s Landing to find Sansa where he finds her sister Cersei blaming Tyrion for Joffrey’s death. This led him to imprisoned once more but Jaime deceived his lover and supported Tyrion to escape.  KNOCK KNOCK KNOCK…. THE WASHROOM DOOR OPENS… before departing King’s landing, the dwarf killed his father by crossbow as a revenge of not believing his own son. Tyrion then crosses the Narrow Sea in the hope of meeting lady of dragons. Meanwhile, Roose Bolton returned to Winterfell from the Red Wedding to find that his vicious son Ramsay Bolton has tortured Theon to the point of madness. In the north, where Jon Snow returned from the Wildling camp, clever A...
Post a Comment
Read more