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Choosing the Right Partner: Selecting a Provider for Integrated Logistics Solutions
Business in the 21st century is not what it used to be even a couple of decades ago and with the rise of e-commerce operations, the need for an integrated logistics solutions provider is more now than it has ever been in the past. According to Statista, the total amount of goods moved by scheduled airlines stood at 605-thousand metric tonnes in 2022 in India, and that’s without factoring in the amount of cargo moved by road, rails, and ships during the same period.
One of the best ways in which companies and businesses can one-up their competition is by going for a good integrated logistics partner, and in this day and age, there are several factors that one must keep an eye out for if they wish to work with the most suitable ones there is.
https://www.recomind.net/choos....ing-the-right-partne
The future of integrated warehousing and distribution.
When it comes to the Indian economy, it won’t be wrong to say that we are witnessing something of a renaissance in more ways than one. While it is estimated that the GDP of the country will reach somewhere around 3.5 trillion USD by the end of 2023, integrated warehousing and distribution stands to have a notable share in that. According to Mordor Intelligence, the Indian logistics and freight market stands at around 288.18 billion USD in 2023, and with an expected CAGR of 9.04%, it is expected to reach 484.43 billion USD. The essentiality of this sector in the overall economy can be understood by the fact that it contributes around 14.4% of the total value of domestic produce as of now, a number that is expected to rise further in the years to come.
https://thebusinessdiary.org/t....he-future-of-integra
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How Integrated Logistics Solutions Can Help E-commerce Businesses Reduce Operational Costs
When compared to brick-and-mortar stores, e-commerce businesses regularly experience higher levels of profitability, but while the overheads are usually on the lower side, it doesn’t mean that there aren’t any costs involved with e-commerce businesses as well. Operating costs are the ones any business incurs to run its day-to-day operations, and through e-commerce logistics solutions, these costs can be reduced by a notable margin.
https://marketbusiness.net/how....-integrated-logistic
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