The document provides an overview of the global and Indian logistics industries. It discusses key challenges facing the logistics industry such as high costs, infrastructure bottlenecks, shortage of talent, and demand for new technology. While the global logistics industry is estimated to be worth $300 billion, the Indian industry still has immense growth potential but faces issues like low demand, poor infrastructure, and high costs. The document also analyzes opportunities and trends in the Indian logistics industry such as the need for improved infrastructure, adoption of new technologies, skills development, and industry consolidation through mergers and partnerships.
Although there is high demand for road freight services in the U.S., the chance for profitability is far from guaranteed. Numerous obstacles challenge trucking companies including a large volume of private fleets and operating costs that exceed 85% of revenue even for the strongest companies.
Although there is high demand for road freight services in the U.S., the chance for profitability is far from guaranteed. Numerous obstacles challenge trucking companies including a large volume of private fleets and operating costs that exceed 85% of revenue even for the strongest companies.
Evaluation of Logistic Performance Index of India in the Indian Postal ServicesDr. Amarjeet Singh
Â
The importance of efficient logistics for postal
growth is widely acknowledged. Literature has shown that
better logistics performance is strongly associated with postal
expansion, export diversification, ability to attract foreign
direct investments, and economic growth. On the other hand,
Indian postal services represents a challenge to logistic
operations in transporting and storing products. High logistic
costs and low quality of services may be considered obstacles
to Indian postal services. This research aims to assess Indiaâs
Logistics Performance Index (LPI) in relation to its major
competitors in Indian postal services. The inter-national
postal data was collected from various post offices in few
districts like Salem, Namakkal, Erode.Statistical techniques
such as cluster analysis and multiple comparison tests of
means have been applied to analyze the data. The
competitiveness of Indian domestic firms depends crucially
on a dynamic and competitive internal logistic environment
in order to stand up to other countries. The results also
indicate the bureaucracy as a major obstacle to the logistic
performance of the country. The dimension Timeliness of
India is very close to the High Logistics Performance Group
(HLPG) while Customs is very close to the Low Logistics
Performance Group (LLPG). Although India has failed in its
customs operations, there seems to be more credibility in
Indian dealings. The main contribution of this paper is to
reveal logistical aspects in which India has shown large
inefficiencies. The difference among the logistic performance
index also appears to be relevant to governments to address
their new public policies and also to highlight the logistic
obstacles of the Indian Indian postal services.
Market Research Report : Freight forwarding market in india 2015 - SampleNetscribes, Inc.
Â
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
Netscribesâ latest market research report titled Freight Forwarding Market in India 2015 states that India is expected to witness considerable growth in freight market provided freight companies diversify their business to other logistic segments. The Indian freight market is rapidly being aided by improved warehousing infrastructure and growth in containerized cargo, which necessitates a robust freight network. Amongst the segments, air and sea freight together contribute maximum to the market in terms of value, however volume-wise they carry the minimum freight. Further inland water transportation has tremendous scope in the domestic market. An overall comparative analysis of the domestic transport sector highlights the modal composition in freight movement, with road being the dominant mode of transport and indicates the advantages of coastal shipping and inland water transport. Global comparison of the same highlights that the Indian transportation sector has tremendous scope to improvise, invest and improve on in order to exploit the potentials of the freight market.
The current market is largely mulled by rising freight costs due to volatile fuel prices, lack of skilled manpower and infrastructural bottlenecks. However, a surge of government initiatives in the form of National Highways Development Project (NHDP), Special Accelerated Road Development Program in North East (SARDP-NE) and Left Wing Extremism (LWE) in the road sector, development of Dedicated Freight Corridor of Indian Railways, port sector initiatives and shift to GST regime are providing the necessary impetus to the freight industry. Emergence of EDI platform, UPLIFT - universal platform for logistics & integrated freight transport and 4S eTrans built on J2EE platform is some recent technology trends in the freight industry. Focus on emerging trade lines and diversifying business portfolio to multiple logistics segments are the key strategies to expect a sustainable growth trajectory in the sector.
Table of Contents :
Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2011-12 â 2014-15), Inflation Rate: Monthly (Jul 2013 â Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 â Jul 2013), Exchange Rate: Half Yearly (Apr 2014 â Sep 2014)
Slide 4: Lending Rate: Annual (2011-12 â 2014-15), Trade Balance: Annual (2010-11 â 2013-14), FDI: Annual (2009-10 â 2012-13)
Introduction
Slide 8-14: Evolution of the Freight Forwarder, Freight Forwarding â Supply Chain Integration, Freight Forwarding â Definition and Types, Freight Forwarding â Value Chain, Freight Forwarding â Service Areas, Freight Forwarders â Streams of Income,
Market Overview
Slide 16-24: Asia â Pacific Market Overview, Logistics Market Overview â India, Logistics Performance Indicator (2010 â 2014), Logistic Market Size & Growth (2013 â 2018e)
Market Research Report : freight forwarding market in India 2012Netscribes, Inc.
Â
For the complete report, get in touch with us at : info@netscribes.com
Growth in international trade is providing huge impetus to the demand for freight forwarding in India. Furthermore, Intercontinental trade is expected to witness considerable growth in next five years. Freight forwarding sector in India has witnessed a significant growth due to robust economic growth. Key economic indicators including 100% FDI in logistics shows a healthy economic outlook for India. Post global slowdown freight forwarding companies have started to venture out into high end logistics solutions. Freight companies will benefit from the considerable planned investments in transportation infrastructure in India. Indian freight forwarding companies are now becoming competitive like their foreign counterparts.
The report begins with an introduction section, defining the market and classifying it into its types. The evolution of the freight forwarder is then projected. A Comparison between Custom Broker, Freight Forwarder & 3PL are given, followed by the value chain and the advantages of freight forwarders over carriers. Freight Forwardersâ Streams of Income are also identified.
Freight Forwarding â Segments & Features section discusses the segments served, services provided and the customerâs benefits from different types of freight forwarding. This section also provides the key characteristics of freight forwarding.
Market overview section provides a brief snapshot of the freight forwarding market both globally and in India. To begin with, it gives a brief overview of global freight forwarding market followed by its market size & growth. Region wise global market size is also given. Major Players in global freight forwarding market are identified from their market share in air freight and sea freight. Subsequently, a brief overview of Indian freight forwarding market followed by its market size & growth is projected. Top 5 Freight Markets in 2011 is identified with estimation in 2020. Attractiveness in freight forwarding market in India is also analyzed indicating the areas of improvement. Factors for selecting transportation mode are also identified in this section.
Sustainable Procurement Guidelines section deals with the sustainable procurement guidelines for freight forwarding. Their implementation in different areas of improvement is also provided. Further, steps to develop a sustainable procurement of freight transportation services are also discussed.
Standard Trading Conditions section deals with the standard trading conditions for freight forwarders.
Drivers & challenges section in the report provides a comprehensive set of factors which boosts and hinders the growth in the market. An analysis of the section brings forth the key drivers fueling growth in the market including growth in international trade, rapid economic growth & FDI in logistics, diversification into logistics business, improved trans
Logistics Infrastructure slideshow explains the current mode of transport in India and . It also discussed about the future requirements and opportunities in Logistic Infra.
A brief overview of Logistics in India looking at Transport, Storage, Warehousing and Growth Drivers for the same.
Data Sources: Ministry websites, Planning Commission reports, NTPDC reports etc
This was a part of a freelance project for Assocham.
Review on the Analysis of Civil Aviation Users Willingness to Payijtsrd
Â
as a big transportation country, China has a huge traffic demand. There are four main modes of passenger transportation highway, waterway, railway and aviation. In recent years, the rapid development of high speed rail has further shortened the travel time of passenger rail travel mode. The rapid development of high speed rail has a certain impact on air passenger transport, and the rapid development of high speed rail has a certain impact on air passenger transport, and in the current peoples living standards are gradually improving, it is no longer just a matter of time Satisfied with the current situation of realizing the purpose of travel, people begin to pursue a higher consumption mode. From the change of the main social contradictions in China, we can see that people hope to get happiness and sense of gain in travel. This paper reviews the literature on passenger travel in recent years and expects to do some research in these aspects in the future. Li Feng | Guo Ling | Wang Yi "Review on the Analysis of Civil Aviation Users' Willingness to Pay" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd35829.pdf Paper URL : https://www.ijtsrd.com/management/consumer-behaviour/35829/review-on-the-analysis-of-civil-aviation-users-willingness-to-pay/li-feng
LogiQuest Season 2 - Challenges and opportunities in multi modal logistics in...Mahindra Logistics
Â
At this juncture, we need a robust logistics and transportation management, thus multimodal logistics channel. The second runner-up team, Team Alpha & Omega, did an extensive research and presented the challenges and opportunities we have. They also featured countries who have them and what we can learn from them.
A STUDY ON CUSTOMERâS SATISFACTION MARKS CARGO PRIVATE LIMITED - 2Yogesh Santhan
Â
This study entitled âA STUDY ON CUSTOMERâS SATISFACTION AT MARKS CARGO PRIVATE LIMITED, PONDICHERRYâ is based on the services provided such as experience and opinion of the customers. By using their feedback it enables to determine the effectiveness.
This project explains ways in which customers feedback to implement the changes in the process can be used in long run. The primary data was collected from 54 customers from various industry sectors. The collected data were analyzed and itâs found that majority of them were aware and satisfied with the current services and have participated also. They suggest that certain aspects of the services and its process could be redefined and they should be updated based on the feedback of the customers towards it.
The study not only projects the current status of organization service process but also serves as a stepping stone to remedial measure for MARKS CARGO PRIVATE LIMITED.
Evaluation of Logistic Performance Index of India in the Indian Postal ServicesDr. Amarjeet Singh
Â
The importance of efficient logistics for postal
growth is widely acknowledged. Literature has shown that
better logistics performance is strongly associated with postal
expansion, export diversification, ability to attract foreign
direct investments, and economic growth. On the other hand,
Indian postal services represents a challenge to logistic
operations in transporting and storing products. High logistic
costs and low quality of services may be considered obstacles
to Indian postal services. This research aims to assess Indiaâs
Logistics Performance Index (LPI) in relation to its major
competitors in Indian postal services. The inter-national
postal data was collected from various post offices in few
districts like Salem, Namakkal, Erode.Statistical techniques
such as cluster analysis and multiple comparison tests of
means have been applied to analyze the data. The
competitiveness of Indian domestic firms depends crucially
on a dynamic and competitive internal logistic environment
in order to stand up to other countries. The results also
indicate the bureaucracy as a major obstacle to the logistic
performance of the country. The dimension Timeliness of
India is very close to the High Logistics Performance Group
(HLPG) while Customs is very close to the Low Logistics
Performance Group (LLPG). Although India has failed in its
customs operations, there seems to be more credibility in
Indian dealings. The main contribution of this paper is to
reveal logistical aspects in which India has shown large
inefficiencies. The difference among the logistic performance
index also appears to be relevant to governments to address
their new public policies and also to highlight the logistic
obstacles of the Indian Indian postal services.
Market Research Report : Freight forwarding market in india 2015 - SampleNetscribes, Inc.
Â
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
Netscribesâ latest market research report titled Freight Forwarding Market in India 2015 states that India is expected to witness considerable growth in freight market provided freight companies diversify their business to other logistic segments. The Indian freight market is rapidly being aided by improved warehousing infrastructure and growth in containerized cargo, which necessitates a robust freight network. Amongst the segments, air and sea freight together contribute maximum to the market in terms of value, however volume-wise they carry the minimum freight. Further inland water transportation has tremendous scope in the domestic market. An overall comparative analysis of the domestic transport sector highlights the modal composition in freight movement, with road being the dominant mode of transport and indicates the advantages of coastal shipping and inland water transport. Global comparison of the same highlights that the Indian transportation sector has tremendous scope to improvise, invest and improve on in order to exploit the potentials of the freight market.
The current market is largely mulled by rising freight costs due to volatile fuel prices, lack of skilled manpower and infrastructural bottlenecks. However, a surge of government initiatives in the form of National Highways Development Project (NHDP), Special Accelerated Road Development Program in North East (SARDP-NE) and Left Wing Extremism (LWE) in the road sector, development of Dedicated Freight Corridor of Indian Railways, port sector initiatives and shift to GST regime are providing the necessary impetus to the freight industry. Emergence of EDI platform, UPLIFT - universal platform for logistics & integrated freight transport and 4S eTrans built on J2EE platform is some recent technology trends in the freight industry. Focus on emerging trade lines and diversifying business portfolio to multiple logistics segments are the key strategies to expect a sustainable growth trajectory in the sector.
Table of Contents :
Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2011-12 â 2014-15), Inflation Rate: Monthly (Jul 2013 â Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 â Jul 2013), Exchange Rate: Half Yearly (Apr 2014 â Sep 2014)
Slide 4: Lending Rate: Annual (2011-12 â 2014-15), Trade Balance: Annual (2010-11 â 2013-14), FDI: Annual (2009-10 â 2012-13)
Introduction
Slide 8-14: Evolution of the Freight Forwarder, Freight Forwarding â Supply Chain Integration, Freight Forwarding â Definition and Types, Freight Forwarding â Value Chain, Freight Forwarding â Service Areas, Freight Forwarders â Streams of Income,
Market Overview
Slide 16-24: Asia â Pacific Market Overview, Logistics Market Overview â India, Logistics Performance Indicator (2010 â 2014), Logistic Market Size & Growth (2013 â 2018e)
Market Research Report : freight forwarding market in India 2012Netscribes, Inc.
Â
For the complete report, get in touch with us at : info@netscribes.com
Growth in international trade is providing huge impetus to the demand for freight forwarding in India. Furthermore, Intercontinental trade is expected to witness considerable growth in next five years. Freight forwarding sector in India has witnessed a significant growth due to robust economic growth. Key economic indicators including 100% FDI in logistics shows a healthy economic outlook for India. Post global slowdown freight forwarding companies have started to venture out into high end logistics solutions. Freight companies will benefit from the considerable planned investments in transportation infrastructure in India. Indian freight forwarding companies are now becoming competitive like their foreign counterparts.
The report begins with an introduction section, defining the market and classifying it into its types. The evolution of the freight forwarder is then projected. A Comparison between Custom Broker, Freight Forwarder & 3PL are given, followed by the value chain and the advantages of freight forwarders over carriers. Freight Forwardersâ Streams of Income are also identified.
Freight Forwarding â Segments & Features section discusses the segments served, services provided and the customerâs benefits from different types of freight forwarding. This section also provides the key characteristics of freight forwarding.
Market overview section provides a brief snapshot of the freight forwarding market both globally and in India. To begin with, it gives a brief overview of global freight forwarding market followed by its market size & growth. Region wise global market size is also given. Major Players in global freight forwarding market are identified from their market share in air freight and sea freight. Subsequently, a brief overview of Indian freight forwarding market followed by its market size & growth is projected. Top 5 Freight Markets in 2011 is identified with estimation in 2020. Attractiveness in freight forwarding market in India is also analyzed indicating the areas of improvement. Factors for selecting transportation mode are also identified in this section.
Sustainable Procurement Guidelines section deals with the sustainable procurement guidelines for freight forwarding. Their implementation in different areas of improvement is also provided. Further, steps to develop a sustainable procurement of freight transportation services are also discussed.
Standard Trading Conditions section deals with the standard trading conditions for freight forwarders.
Drivers & challenges section in the report provides a comprehensive set of factors which boosts and hinders the growth in the market. An analysis of the section brings forth the key drivers fueling growth in the market including growth in international trade, rapid economic growth & FDI in logistics, diversification into logistics business, improved trans
Logistics Infrastructure slideshow explains the current mode of transport in India and . It also discussed about the future requirements and opportunities in Logistic Infra.
A brief overview of Logistics in India looking at Transport, Storage, Warehousing and Growth Drivers for the same.
Data Sources: Ministry websites, Planning Commission reports, NTPDC reports etc
This was a part of a freelance project for Assocham.
Review on the Analysis of Civil Aviation Users Willingness to Payijtsrd
Â
as a big transportation country, China has a huge traffic demand. There are four main modes of passenger transportation highway, waterway, railway and aviation. In recent years, the rapid development of high speed rail has further shortened the travel time of passenger rail travel mode. The rapid development of high speed rail has a certain impact on air passenger transport, and the rapid development of high speed rail has a certain impact on air passenger transport, and in the current peoples living standards are gradually improving, it is no longer just a matter of time Satisfied with the current situation of realizing the purpose of travel, people begin to pursue a higher consumption mode. From the change of the main social contradictions in China, we can see that people hope to get happiness and sense of gain in travel. This paper reviews the literature on passenger travel in recent years and expects to do some research in these aspects in the future. Li Feng | Guo Ling | Wang Yi "Review on the Analysis of Civil Aviation Users' Willingness to Pay" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd35829.pdf Paper URL : https://www.ijtsrd.com/management/consumer-behaviour/35829/review-on-the-analysis-of-civil-aviation-users-willingness-to-pay/li-feng
LogiQuest Season 2 - Challenges and opportunities in multi modal logistics in...Mahindra Logistics
Â
At this juncture, we need a robust logistics and transportation management, thus multimodal logistics channel. The second runner-up team, Team Alpha & Omega, did an extensive research and presented the challenges and opportunities we have. They also featured countries who have them and what we can learn from them.
A STUDY ON CUSTOMERâS SATISFACTION MARKS CARGO PRIVATE LIMITED - 2Yogesh Santhan
Â
This study entitled âA STUDY ON CUSTOMERâS SATISFACTION AT MARKS CARGO PRIVATE LIMITED, PONDICHERRYâ is based on the services provided such as experience and opinion of the customers. By using their feedback it enables to determine the effectiveness.
This project explains ways in which customers feedback to implement the changes in the process can be used in long run. The primary data was collected from 54 customers from various industry sectors. The collected data were analyzed and itâs found that majority of them were aware and satisfied with the current services and have participated also. They suggest that certain aspects of the services and its process could be redefined and they should be updated based on the feedback of the customers towards it.
The study not only projects the current status of organization service process but also serves as a stepping stone to remedial measure for MARKS CARGO PRIVATE LIMITED.
Some of the documents required in export transaction are preliminary inquiry and offer, confirmation of order, export license, finance among others. There are two dozen commercial and regulatory documents that are involved in the pre-shipment stage of an export transaction.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/ZEcPAc
>Logistics Industry Trends
>Indian Scenario
>India-Emergence of Global Manufacturing Hub
>Challenges Faced by Logistics Industry in India
>Storage Infrastructures Related Challenges
INTERNSHIP ON EXPORT-IMPORT PROCEDURES AT MARKS CARGO PRIVATE LIMITED, PUDUCH...Yogesh Santhan
Â
Every student of MBA : International Business shall
undergo Internship training
during the Third Semester of the programme. This Internship shall be for 2 days (Frid
ays &
Saturdays) in all the weeks of the entire Third Semester. During this Internship, every student
should attach himself/ herself with any organization carrying on any type of international
operations or transactions. The objective of the Internship t
raining is to give the students a hands
-
on experience of real life business operations. At the end of the Third Semester, each student
should submit an Internship Training Report explaining clearly what each student has learnt
during the Internship period
. The Internship Report and the Viva
-
Voce Examination will be
evaluated by the internal Faculty Guide.
The western coast of India has been the key hub for chemicals and petrochemicals industry with Gujarat and Maharashtra alone accounting for 62% of major chemical and petrochemicals production across India. Since production clusters are concentrated in one particular region, better infrastructure and logistics are required to supply chemical products across the country. The lengthening of supply lines makes the distribution of chemicals more transport intensive. The involvement of a large number of stakeholders (shipping lines, transport agencies, environmental agencies, etc.) in the transportation of chemical products increases the logistics and supply chain complexity of the chemicals industry.
Global Logistics Alliance (GLA) is the worldâs fastest growing network of global logistics companies and independent freight forwarders with a network of more than 5,000 logistics companies from 170 plus countries, connecting all the major ports across the globe.
The Indian chemical industry is overall the 3rd largest in Asia after China and Japan in terms of volume contribution to the global market. The chemical industry in India has started to evolve rapidly since the last five years and has grown to an estimated USD 147 billion in 2015. Despite its large size and significant GDP contribution, the industry accounted for only around 3% of the global chemicals industry (~USD 4.3 Trillion). India ranks 14th in the world exports of chemicals (excluding pharmaceutical products) and ranks 8th in the world imports of chemicals (excluding pharmaceutical products) with a valuation of $29.76 billion in 2014.
The current state of logistics transportation in India presents both challenges and opportunities. With a rapidly growing economy, the demand for efficient movement of goods across the country has increased significantly. However, infrastructure constraints, bureaucratic red tape, and lack of standardized processes have hindered the industry's full potential.
visit here- https://www.equitylogistic.com/blogs/details/logistics-transportation-future-in-india
The Logistics sector in INDIA has today become an area of priority. One prime reason for the same stems from the reason that years of high growth in the Indian economy have resulted in a significant rise in the volume of freight traffic moved.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
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Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Improving profitability for small businessBen Wann
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In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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Logistics industry report
1. Logistics Industry Report
By: Sindoor Naik
Overview of Global Logistics Industry
The global logistics industry is estimated to be worth USD 300 billion. Though
most of the large service providers are headquartered in Europe, the biggest market is
the US, which captures about one-third of the world market. The global logistics
industry is characterized by high costs of operations, low margins, shortage of talent,
infrastructural bottlenecks, demand from clients for investing in technology and
providing one-stop solutions to all their needs, and consolidation through acquisitions,
mergers and alliances.
Though, in India, the industry is still in its infancy, there is immense potential for
growth. The Indian logistics industry is currently plagued with low demand, poor
infrastructure, high costs, government regulations etc. However, it is going to turn
around on the back of robust GDP growth, globalization, FDI in logistics and increasing
government support. This paper highlights the current state of the industry, including
the dynamics and opportunities for growth, globally, in general, and in India, in
particular, based on findings from surveys of logistics service providers, and users, of
India and other countries.
The reduction in the logistics cost can be brought about by improving the national
logistics infrastructure to facilitate smooth transfer of materials and information.
Simultaneously, at the micro level, the logistics service providers need to infuse better
management practices, employ technology that facilitates its logistics process to
reduce its service cost.
The analysis of industryâs internal factors suggests that moving to higher value added
services is perceived as the biggest growth opportunity by the Indian LSPs. Besides, in
a situation like todaysâ, optimizing operations is viewed as the best means of surviving
in business and competing effectively. In a way, this would also assist the individual
players in accumulating sufficient profits to be ploughed back in business, as a means
to tide over the problem of limited access to affordable credit. The trend of
consolidations by way of mergers and forging alliances with other players is fast picking
up in the logistics community and would address the fragmented nature of industry.
Given these opportunity areas, a focused training approach and extensive
implementation of advanced technologies could boost the international
competitiveness of Indian LSPs.
2. Other logistics cost inflators are variable vessel charter costs, fluctuating fuel prices,
exchange rates, non-availability of return loads and high haulage rates. Further, the
LSPs are typically resorting to initiatives like negotiating and renegotiating contracts,
load optimization, efficient route scheduling, working capital management and
inventory cost control among others, to overcome the burgeoning logistics cost. While
a likely boom in construction and pharmaceuticals spell opportunities for the logistics
sector in terms of increased potential of multi-modal movement of raw material &
manufactured products, progressive reforms such as introduction of a singular Goods
and Service Tax (GST) and the Governmentâs push to infrastructure expansion are
equally encouraging. On the other hand, major threat is posed by competition.
As the logistics services industry evolves, competitors are moving away from asset-
based commoditized services to more strategic, information-based approaches.
Customers are demanding a âsingle point of contactâ for all logistics services. In one of
the global logistics study conducted by Deloitte, a set of attributes was developed to
identify high opportunity industries with diverse but complementary product flows for
the logistics outsourcing industry. The attributes were formulated based on the
requirements of the various aspects of supply chain planning and implementation
including design, implementation and management of logistics services. Some of the
attributes of industries researched that would offer the highest opportunity / best fit
for logistics service provider include -.
Large logistics spend
Relatively high value products
Manage across multiple modes
Manage complex, time sensitive supply chains
Diverse supply chain footprints including their own
Operations, suppliers and customers
Maturity in outsourcing cycle (currently managing 3PLs)
Decentralized management of logistics
Complementary to current base of 4PL business
High cube and high weight products
Evolution of Logistics Industry in India
The Indian economy has been growing at an average rate of more than 8 per cent over
the last four years (Srinivas, 2006) putting enormous demands on its productive
infrastructure. Whether it is the physical infrastructure of road, ports, water, power
etc. or the digital infrastructure of broadband networks, telecommunication etc. or the
service infrastructure of logistics â all are being stretched to perform beyond their
capabilities. Interestingly, this is leading to an emergence of innovative practices to
allow business and public service to operate at a higher growth rate in an environment
3. where the support systems are getting augmented concurrently. In this paper, we
present the status of the evolving logistics sector in India, innovations therein through
interesting business models and the challenges that it faces in years to come.
Broadly speaking, the Indian logistics sector, as elsewhere, comprises the entire
inbound and outbound segments of the manufacturing and service supply chains. Of
late, the logistics infrastructure has received lot of attention both from business and
industry as well as policy makers. However, the role of managing this infrastructure (or
the logistics management regimen) to effectively compete has been slightly under-
emphasized. Inadequate logistics infrastructure has an effect of creating bottlenecks
in the growth of an economy, the logistics management regimen has the capability of
overcoming the disadvantages of the infrastructure in the short run while providing
cutting edge competitiveness in the long term. It is here that exist several challenges
as well as opportunities for the Indian economy. There are several models that seem to
be emerging based on the critical needs of the Indian economy that can stand as viable
models for other global economies as well.
Chandra and Sastry (2004) have pointed towards two key areas that require attention
in managing the logistics chains across the Indian business sectors â cost and reliable
value add services. Logistics costs (i.e., inventory holding, transportation, warehousing,
packaging, losses and related administration costs) have been estimated at 13-14 per
cent of Indian GDP which is higher than the 8 per cent of USAâs and lower than the 21
per cent of Chinaâs GDP. Service reliability of the logistics industry in emerging markets,
like India, has been referred to as slow and requiring high engagement time of the
customers, thereby, incurring high indirect variable costs (Dobberstein et. al, W.P. No.
2007-03-07 Page No. 3 2005). However, the Indian logistics story is one with islands of
excellence though there has been a general improvement on almost all parameters.
Logistics Infrastructure in India
Transportation related challenges In India road has become the predominant mode of
transportation of freight cargo. Estimate of the modal movement of cargo highlights
that In India nearly 61% of the cargo is moved by road, 30% by rail and rest by airway,
pipelines and inland waterways. This is as compared to a 37% share of road in the USA
and 22% in China .It is recognized that movement of long haul bulk traffic by road is
less efficient than by rail. But road is still preferred over rail because:
ďˇ Important rail networks are oversaturated: There has been little investment in
track infrastructure since independence. While route kilometer has grown only at a
CAGR of 3%, track kilometer, incorporating additional lines on existing routes, has
not fared much better growing at a low CAGR of 6.6%. During the same period freight
4. and passenger traffic has grown at a CAGR of nearly 54%. This has led to most high
density corridors becoming over saturated.
ďˇ Rail freight tariffs are high: Indian Railways follows a policy of subsidizing
passenger tariff by freight tariff. This has resulted in a sharply rising trend in railway
freight rate over the years compared to an almost stagnant passenger tariff rate.
The result of this has been that Indian rail freight rates have already become one of
the highest in the world, with freight rates in India being nearly 4 times that in
United States. If truck overloading is also taken into account then rail freight rates
work out to be higher than road freight in many instances.
ďˇ Transit times are long and uncertain: Freight traffic is frequently subordinated to
passenger traffic on the railway network. This results in a freight train taking as
much as 6-8 days for a journey of 2000 kilometers. Also there is no guarantee
provided on the transit time for freight trains.
ďˇ Rail terminal quality is poor: Most rail terminals (goods shed) used for
loading/unloading of freight are antiquated. They also suffer from issues of access
and evacuation of traffic.
ďˇ Less flexibility in carrying different types of products: Special wagons are not
easily available for carrying specialized products. For example special types of steel
required for automobile production have to be carried by trucks as the existing
wagons do not offer the kind of protection that these high value products require.
While customers are allowed to request for new wagon designs the process of getting
these wagon designs approved by railways is cumbersome.
ďˇ Railway carriage not easy for industries which cannot provide full train
loads: Railways have a preference for customers who can provide full train load as
unlike in some other countries, railways in India no longer run mixed trains which
can carry different types of cargo. Operational efficiency is cited as the major
reason for the same. While containerized rail movement can provide for freight
movement for industries with smaller rake loads domestic container movement has
not taken off in a big way- with one of the issues being a lower priority being
accorded to container trains on the railway network.
5. Road network coverage: Freight movement in India is dependent on National Highways.
While National Highways constitute only about 2% of the road network of India they
carry nearly 40% of the total traffic. As a result most of these highways are severely
congested- resulting in freight travelling only a third of the distance compared to developed
countries.
ďˇ Poor road quality: The road quality in India, on the National Highways as well and
other roads, is improving but is still poor in many locations. Estimates suggest that
motorable roads are still less than 10% of the total road network. Large stretches of
National Highways are also two laned in many stretches reducing their capacity to
handle large traffic loads.
ďˇ Expressway network will take time to develop: In many developed countries
expressways have been developed to facilitate high speed freight movement through
linking of important cities, ports and industrial centers. In India the expressway
network is still largely at a planning stage with a target of development of around
15,000 kilometers of expressways only by the end of the 13th plan period.
ďˇ Multiple check points: Trucks in India have to pass through multiple check points in
their journey. Trucks have to stop at state borders, for payment of toll taxes, for
RTO inspections, Octroi etc. An estimate of the time taken at the check points shows
that in a journey of 2150 kilometers between Kolkata and Mumbai a truck had to
stop for as much as 32 hours at various checkpoints on 26 different locations.1 In
addition to roads and railways which carry the bulk of freight traffic in India other
modes of freight carriage also suffer from their own issues.
The ports sector in India suffers from several issues:
ďˇ High turnaround times: Data from Indian Ports Association shows that ports in India
suffer from high turnaround times for ships. JNPT, which is the premier port in India,
has more than 2 times the turnaround time of Colombo and Singapore ports because
of congestion on berths and slow evacuation of cargo which are unloaded at the
berths.
ďˇ Inadequate depth at ports: The depth at many ports in India is not enough and
dredging tenders take a long time in getting awarded. As a result with the existing
depths many ports are not able to attract very large vessels.
6. ďˇ Costal shipping has not taken off: Costal shipping in India is hampered by
inadequate port and land side infrastructure which hampers large scale use of it for
freight movement.
Finally Air cargo has also not taken off significantly in India. With increased volumes of
cargo major airports are getting congested resulting in long waiting time. The waiting
time for exports in India is 50 hours compared to a World average of 12 hours while the
waiting time for Imports in India is 182 hours compared to a World average of 24 hours.
Also the airfreight sector suffers from high fuel costs and tariffs as well as several
manpower issues.
While it is difficult to set up a facility, at the same time, the existing facilities
themselves are plagued with several issues:
ďˇ Many of the older facilities today are located within city boundaries restricting day
movement of trucks
ďˇ The approach roads to the facilities are poor making evacuation of cargo difficult
ďˇ Most facilities have issues of inadequate parking, lack of available land for expansion,
paving etc.
ďˇ State of warehousing is poor: Various estimates put warehousing costs to be
between 20-25% of the total logistics cost. Despite this the state of warehousing in
India is largely dismal. On the warehousing front 80-85% of warehouses are
traditional with sizes of less than 10,000 square feet. Most of these warehouses are
not leak proof, equipped with security systems, racking facilities and other facilities.
Majority of the operators of these warehouses are also small to mid-sized
entrepreneurs with limited investment capacity. The only really large warehousing
owners are government agencies including Central Warehousing Corporation and
State Warehousing Corporations, but the focus of a significant majority of the
government warehouses is food grain storage. Not only are the existing warehouses
of poor quality, there are also not enough of them. This is because land availability
for warehousing at an appropriate place and at an appropriate price is a
concern. The magnitude of the problem in this regard was highlighted in a recent
CII conference on warehousing where it was highlighted that Delhi alone has a deficit
of 9000 acres of land for development of warehousing facilities!
ďˇ State of cold storages is poor: Despite the significant requirement of cold storages
from the retail sector, pharmaceutical and chemical sector and the farm sector,
where it is estimated that upto 40% of the fruits and vegetables grown in India gets
wasted, the sector needs to grow much faster to meet the needs. Estimates on cold
chain facilities in India put the number of cold storages at around 5400 with a
capacity of 24 million metric tons. However nearly 60% of these facilities are meant
for storage of potato crop. Also with the poor electricity condition in the country
the cost of operating such facilities is very high. With government intervention and
various sops the situation is slowly improving but many challenges remain.
7. ďˇ Multimodal Logistics parks yet to take off: With emerging requirements of
integrated logistics, provision of transportation hub, value addition etc. large
logistics parks were sought to be developed. However as with other areas the
number of such facilities continues to remain much less than the requirement.
Consolidation of large land parcels is a significant issue hampering their
development. Other issues include the lack of recognition of the concept of Logistics
Park by state government thereby obtaining permission for setting up one
cumbersome.
Tax structure related challenges
A complicated tax regime is in place which places several challenges on the logistics
industry. Payment of multiple state and central taxes results in:
ďˇ Considerable loss of time in transit for road freight in order to pay such taxes
ďˇ Fragmentation of warehousing space especially for low margin products thereby
providing a disincentive to create large integrated warehousing spaces
A uniform tax structure to be introduced through the GST is being highlighted as a
panacea for the existing situation. If implemented in spirit GST will enable logistics
services to be provided without consideration for tax boundaries. However while the
introduction of GST looks fairly certain several companies have already started raising
doubts about the final shape the bill will take, given the deep divisions between several
state governments and the central government on the issue. Technology and Skills
related challenges. The logistics industry is also hampered by low rates of technology
adoption and poor skill levels. On the technology front the industry now seems to be
paying serious attention with use of RFID, vehicle tracking technologies, warehouse
management systems etc. However while acceptance is perhaps not an issue any more,
the marriage between IT and domain requirement needs to be resolved. Automation in
processes is still only in its infancy. Further progress is dependent on a certain level of
standardization which is made more difficult by the high level of fragmentation in the
industry. This is a drawback that needs to be tackled early. In addition to technology-
related issues the skill levels of in the logistics industry also require to be upgraded
urgently. As of now courses focusing on logistics industry remain few and far
between. Also logistics industry is still not looked at as the industry of choice for young
graduates thereby making hiring of quality professional manpower challenging. On the
ground level too there are challenges. A recent study has found that a variety of skills
are required in the sector. These include technology skills, driving skills including safety
procedures, industry understanding and multi-operations skills. The present state of
affairs is illustrated by example of truck driver in India, who is a critical point of contact
for the logistics company with its customers where the truck drivers today find it
difficult to accurately record delivery records, understand delivery documents,
negotiate for return business, handle queries etc.
8. (Manish Saigal, 2013)
Future of Indian Logistics Industry
As India continues its transformation into a manufacturing and services-led economy,
growing migration toward urban areas is expected. It is anticipated that more than 60
percent of Indiaâs urban population will be concentrated in 20â25 urban clusters by
2030. Against this backdrop, logistics support infrastructure in Indiaâs metros is
inadequate for serving existing trade needs. Challenges range from the availability of
assets to congestion, regulation and monitoring. In future, industrial clusters will need
dedicated freight corridors (DFCs) such as the Delhi-Mumbai Industrial Corridor with
high-speed connectivity to key ports and urban centers. These corridors and access
routes will likely help keep the cost of supplying goods and services to these urban
centers either low or manageable.
The growth of urban centers in size and number would necessitate the need for a
proactive approach in logistics planning to sustain growth. Further, it will be imperative
to oversee that the provision of logistics infrastructure for upcoming infrastructure
clusters is not at the expense of fulfilling the transport needs of Indiaâs expanding urban
clusters.
9. (Ref: KPMG Report)
It is anticipated that the surge in trade will demand enhanced sophistication in logistics
infrastructure and services across modes. As international standards are introduced in
a competitive, service-oriented environment, existing infrastructure will likely become
obsolete:
Growth in the domestic manufacturing and retail segments has given impetus to the
demand for efficient warehouse-management services. However, warehousing
continues to see little investment. Current spending on organized warehousing in India
constitutes 9 percent of total logistics spending, as against 25 percent in the US.
Existing small warehouses need to be replaced by large, modern warehouses that
incorporate global standards such as tall designs, modular racking systems, palletization,
and the use of automation and IT.
The growth of niche industries will likely necessitate value-added services such as cold-
chain warehousing, packaging and track-and-trace services. Existing infrastructure
needs to be upgraded to increase throughput. For example, average containers handled
per ship per hour is 18 in India as compared to 28 internationally. Further, the average
distance traveled per truck per day is 200 kilometers, which is half the international
standard.
10. Trade would require commodity- and geography-specific storage and transportation
assets. Without these, the industryâs investment potential in other parts of the economy
is likely to face roadblocks.
Increasingly skewed modal mix:
Indiaâs logistics sector is currently not only constrained by lack of infrastructure; it is
perhaps even more restricted by the misuse of transportation modes for certain types
of commodity, as well as limits on the free use of transportation modes for others. In
terms of volumes involved, cargo in India can be classified in a pyramid-like fashion,
with each category entailing distinct logistical considerations. The optimal movement
of freight by matching cargo categories with transportation modes will be crucial for
expanding volumes across categories. The lopsided utilization of transportation
infrastructure such as roads and railways (as is the case currently) stresses networks
and adds to inflating costs and turnaround times. Deriving the best possible selection
of modes to lower congestion and facilitate the smooth movement of cargo is the need
of the hour.
The desired âto beâ state would be an overlay of transportation networks, allowing for
the efficient transportation of each commodity type as well as a natural handover point
where networks intersect and where large quantities are broken down into smaller
volumes for last-mile transportation into urban centers.
11.
12. Recommendation:
At a time when awareness around specific initiatives is widely recognized, the
objective has been to capture distinct aspects that could potentially revolutionize
each segment. That said, the collective evolution of Indiaâs logistics industry can only
be realized through uniform progress across segments. For Indiaâs logistics sector to
fulfill its role in supporting the countryâs rise as a complex, multi-layer and mature
economy in future decades, the following recommendations should be considered to
develop a universal roadmap for the industry:
⢠Create appropriate policy changes per mode of transportation (road, rail, water and
air), increasing investment in the various modes of transportation and opening up
capacity, especially for rail and waterways.
⢠Harmonize and streamline processes across government bodies that have a role to
play in the logistics sector, thereby reducing stoppages and touch points of cargo
movements, as well as increasing the speed with which goods are transported within,
into and out of the country.
⢠Set benchmarks and standards for the industry, thereby driving the uniformity of
warehouses, storage and transportation equipment.
⢠Channel the movement of commodities to suitable modes of transportation. Divert
the transportation of bulk commodities from road to increasingly appropriate modes
such as rail and waterways, thereby freeing up capacity for consumer goods and also
reducing the risk of accidents.
⢠Decongest airports and seaports, shifting cargo-clearance activities away from
expensive real estate to inland or port or airport locations.
⢠Establish safety, health and environment (she) related standards centrally to
facilitate uniformity across industry sub sectors and companies while increasing safety
and limiting the adverse environmental effects of the sector on society.
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