Things a Robust Logistics Network Can Do to Our Economy

For a moment think how many deliveries, on average, a delivery person makes in a day – say 15 to 20. Now if an e-commerce company has to deliver around 2,000 such orders in a day then apart from employing sufficient delivery personnel, the company would also have to go through a very time-consuming process of sorting and allotment based on the shipping address. And we are not even getting into choosing the vehicle – say hiring a moving van or booking a mini truck, management of the employees, or the process to track your shipment.

** When this entire process is outsourced to logistics companies, imagine the gains that will accrue. **

Logistics is the process of efficient and effective transportation of goods, services, and related information from the point of origin to the point of consumption. The entire process starts with planning, implementation, and management of all that is involved in this movement, which includes inbound and outbound transportation management, fleet management, warehousing, materials handling, inventories, management of providers, and much more.

Effective logistics management ensures that this entire process is done in the most economical, quick, safe, and efficient way. The results are more than satisfying:

Not just reduced costs and reduced time but reduced cost of production too as the need for large inventories is made negligible. Consequently, companies (big or small) can save the money required for warehouses and insurance.
Indirect job creation – allied industries and markets open up.
A marked increase in customer satisfaction.
The resultant benefit is a visible increase in a company’s competitive edge.

Individual Gains Big Impact

We are very well aware of the millennial trend of shifting jobs and cities in a short period. The process of shifting houses is no more a cumbersome and painful process thanks to an array of reliable household shifting services that makes it a smooth, safe, and happy experience. Same with small businesses and shop owners who have had to anxiously wait till their products reach their destinations. Whether you hire a mini truck for shifting, try tempo service for shifting or hire a mini goods carrier, you can be assured of the most economical rates. And it’s super easy to track shipments through apps and websites.

Current Scenario in India

India is spending 13% of its GDP on logistics. Its importance was emphasized by our Finance Minister at the Union Budget by saying that an effective multi-modal logistics network is key to making our economy more competitive. India’s logistics network is estimated to grow at a rate of 10% to 15% annually and there has been a significant rise in the volume of freight traffic movement. The integration of IT and new technology by the logistics sector is further cutting down costs and making the process even more efficient and transparent. This continuous upgrade of its hard, as well as soft infrastructure (training, education, policy framework) by the logistics sector, will further intensify economic gains.

So, whether the gains are for huge or medium e-commerce companies, SMEs, start-ups, or simply individuals, the gains from a robust logistics network have nationwide resonance.

Things a Robust Logistics Network Can Do to Our Economy

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