Akansha Sharma
How to ensure smooth operations at a warehouse. By Ankita Sehgal Freelance Blogger, Lives in New Delhi Warehouse operations play a very significant role for every company.
If the warehouse fails to operate efficiently, the cost of production rises. This is because when companies don’t receive shipments from the inventory in time and workers fails to be productive and hence, the company ends up losing money. This makes it imperative for warehouse professionals to know exactly how a warehouse should be operated efficiently. Mentioned below are a few ways according to major Industrial Real Estates in India about how to operate a warehouse efficiently: Run an audit of the warehouse One of the most important things that need to be taken care of to ensure efficiency is conducting an operational audit. Do not procrastinate while receiving shipments In many cases, major shipments from suppliers are received but often not organized properly.Procrastination can prove to be quite fatal for the business.
All employees should have proper training. Role of Real Estate Developers In the Sector. Real estate developers play an important role in the industry as they bridge the gap between the construction ability and the investor’s need.
They cater to the value of a project in terms of design, functionality, cost and location. Apart from this, they also work hard in order to absorb international trends, deliver quality realty products and analyze customers’ expectations. The developers form an important aspect of the realty sector as they fulfill the critical need for infrastructure in areas like housing, office space, retail and entertainment, etc. Who is a real estate developer? A real estate developer can be an individual or a company with limited liability. Why logistics parks are important for the industrial sector in India. Industrial parks are portions of a city, zoned only for industrial use.
Complete with oil refineries, ports, warehouses, distribution centers, chemical plants, plastic manufacturers, airports, food, and beverage processors, they are increasingly becoming a trend important globally and specifically in developing countries like India, China, and certain parts of eastern Africa. Some industrial parks even offer tax incentives for businesses to relocate there. 5 global trends transforming the warehousing industry. Critical global trends are shaping the way the warehousing industry is competing worldwide.
From technological innovation to smarter processes & systems, overarching transformation is enabling the warehousing industry to continue providing greater value. Key supply chain and logistics trends have also allowed for comprehensive tracking of all assets within the warehouse via integrated systems. The expansion of artificial intelligence and IoT devices has introduced greater efficiencies within the warehousing domain, enabling enterprises to expand across regions.
Enterprises focusing on optimizing delivery time Warehousing companies are looking at new ways to enhance delivery times while ensuring that there is no reduction in the quality of delivery. Customized warehousing and logistics: Hows and whys. Warehouses are an important component of the logistics sector and act as a bridge between the manufacturing plants and the consumers.
Warehouses, earlier, served the purpose of storing goods; however, recent years have witnessed a major transformation in their role. Today, companies are turning to modern manufacturing which involves the use of advanced technologies in the production of highly innovative and state-of-the-art products. This has given rise to customized warehousing, which, in the past few years has seen phenomenal growth. According to The Asian Age, it is estimated that the warehouse sector is witnessing a growth of around 10 percent every year and its volume currently stands at $7.8 billion.
Why warehouses are a necessity for developing countries? Warehousing has become a very important part of commercial and industrial companies for the storage of their products and for transporting cargo.
It has become an integral part of industrial real estate in India and other developing countries. It is also important to create inventory in the age of the fast-moving market, so warehouses help in maintaining the finished products until they are taken to the market for sale. A lot of companies, however, doubt the various advantages of warehousing and how much it can help them preserve their goods and hopefully the benefits below will convince them otherwise. Support for Manufacturing To maintain a steady supply of goods to satisfy the consumer’s needs, the production line has to be working regularly. Benefits of Logistic Parks. Logistic parks are basically industrial areas or defined areas for activities relating to transport, logistics and the distribution of goods which can be regional, national and/or international transit and carried out by various operators.
Owners or occupants of buildings and facilities (warehouses, break-bulk centers, storage areas, offices, car parks, etc.) are generally the operators. Logistics parks have a specific scale as the size determines the facilities, functions, and services that are possible to carry. The effective and economical transport of commodities from one place of business to another or from a manufacturer or the retailer to the end, consumer involves strong logistics behind it. Manufacturing Space for Lease, Logistics Space for Rent - IndoSpace Parks. Creating Sustainable Competencies You are here: Home Our Parks Our Parks About IndoSpace Development Management Private Limited With our inception in 2007, we revolutionised the industrial & logistics real estate space and created a billion-dollar modern warehousing industry, as it stands today.
Our Mission and Core Values - IndoSpace. Overlooked practices in logistics managers must pay attention to. Boxes, bubble wrap, extra padding, containers, and some more bubble wrap; shipping and delivering products is anything but a cakewalk.
Smooth shipping and delivering of products automatically translate into customer gratification and this is what courier and delivery services actually aim for. One botched delivery can reflect poorly on your company, which is why the way you ship and deliver goods truly matters. All thanks to e-commerce and online shopping, the process of shipping and delivering products has never been so complex. But all you have to do is to go a little extra mile to put things right in place. Let’s dive a little deeper into the subject to know what it takes to pack, ship, track, and deliver a product at the right time and place. Few changes that the Indian logistics sector ardently require. The Indian economy highly depends on the logistics sector of India.
It assists in ensuring the smooth and efficient operation of the different enterprises. Unlike before, modern logistics companies have taken over the entire supply chain and not just the transportation sector. From transporting to warehousing, information management to labor administration, everything comes under the umbrella of the logistics companies. The performance of the logistics and warehousing companies in India is crucial for the rest of the enterprises.
Importance of warehousing. Warehousing is an important part of the logistics and supply chain in India. For the businesses that deal with import, export, manufacture or transport of goods, the warehouse is an essential requirement. For a layman, warehousing may only involve storing the finished goods, while the warehousing also involves the outbound function of packing and shipping. Well-Organized warehousing economically benefits both the business and customers. The warehouse allows the business to get better control over their inventory and makes sure their customers receive the products on time hence resulting in higher profits. Major Types of Industrial Real Estate – Indospace Logistics. Industrial real estate in India is quickly emerging as the go-to asset for investors and developers. WHAT ARE LOGISTIC PARKS ARE WHY ARE THEY BENEFICIAL. Logistic parks are basically Industrial areas or defined areas for activities relating to transport, logistics and the distribution of goods which can be regional, national and/or international transit, and carried out by various operators.
Owners or occupants of buildings and facilities (warehouses, break-bulk centers, storage areas, offices, car parks, etc.) are generally the operators. Logistics Park is centered in the areas of logistics operations. Logistics parks have a specific scale as the size determines the facilities, functions, and services that are possible to carry. The contemporary logistics park has two chief functions:- IndoSpace Industrial & Logistics Parks. Robust Infrastructure: Key to the Growth of the Logistics Sector. A viable and robust logistics sector is one of the leading drivers of the Indian economy. However, the success of the logistics sector is largely dependent on efficient infrastructure like roads, ports, highways, logistics parks in India among others. In 2018, the value of the Indian logistics sector was estimated at around US$ 160 billion. A report that was recently published by JLL Industrial Services Research lists the dependence of the Indian logistics sector upon the road infrastructure.
The report, which was published at the CILT India Expo 2019 and is titled India: Evolution of Integrated logistics - Aiming transformation Through PAGI, states that the Indian logistics sector, which has many stakeholders, is extensively spread across the country. How technology is affecting the state of logistics in India. By Ankita Sehgal Freelance Blogger, Lives in New Delhi.
Overlooked practices in logistics managers must pay attention to. Boxes, bubble wrap, extra padding, containers, and some more bubble wrap; shipping and delivering products is anything but a cakewalk. Smooth shipping and delivering of products automatically translate into customer gratification and this is what courier and delivery services actually aim for.
One botched delivery can reflect poorly on your company, which is why the way you ship and deliver goods truly matters. IndoSpace Industrial & Logistics Parks. Modern Logistics Parks, Warehouse India, Supply Chain, Industrial Real Estate Developer - IndoSpace. Top 3 of Warehousing Companies in India- An Overview. Have you at any point thought about how the new cell phone ordered online got to you in a brief span? Or then again how Ice creams never soften in transit from processing plant to the closest parlour? Where nourishment grains are stored before they arrive at your kitchen or what befalls freight that comes into India from removed nations subsequent to intersection seas? These products are kept in extraordinary warehouses that are spread crosswise over India. How to prepare a perfect pitching strategy for your equity firm.
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Smart Ways to Improve Business Using Supply Chain Management. One of the biggest obstacles that a retailer can face is having profitability disrupted due to stock shortage. Although essential, high-volume growth brings with it, its own set of challenges. Towards A Sustainable Future: Tips to Reduce Warehouse Carbon Footprint. Warehouses around the world need to focus on reducing the carbon footprint to help save the environment. They need to work on two main areas - lighting and temperature control. What all to expect in the private equity market in the upcoming year. Nowadays, when people speak about private equity, they’re generally speaking about businesses that capture considerable investments in established and privately held, businesses. Types of Industrial Real Estate: Here’s All You Need to Know. Types of Industrial Real Estate: Here’s All You Need to Know. Important Considerations For Logistics Park Development Planners. - IndoSpace Industrial & Logistics Parks.
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