Leading Logistics & Supply Chain Management company in india

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IMPORTANCE OF SUPPLY CHAIN MANAGEMENT IN INDIA'S
INDUSTRY SECTOR
Supply Chain is a linkage sector which involves
the management of an entire process of creation
to consumption right from supplying the raw
materials, their movement and progress to
the work-in-process inventory and delivery of the
finished goods. It facilitates the end-to-end
order fulfilment from point of origin to point
of consumption. The progress of Indias supply
chain has gained momentum with the introduction
of Goods and Services Taxes (GST), liberalising
Foreign Direct Investment (FDI) and increased
government spending in the sector. Along with
this, the Make in India movement has further
given an impetus to the growth and development
of Indias Supply Chain. An efficient supply
chain is extremely essential for the smooth
functioning of any industry. The following
points put into picture, the significance and the
benefits that a company can leverage on through
its supply chain.
1.Boosts customer experience For any company,
customer satisfaction is of the utmost
importance. And this is only possible when the
customer receives the correct product assortment
at the right time. Through an efficient and
holistic Supply Chain, which includes freight
forwarding, logistics, consolidation and
transportation, a company can ensure the smooth
shipment of its products.
2.Scales down the operating cost Decreases
Purchasing Cost- This is specifically applicable
for retailers who depend on supply chains to
deliver their products to customers as and when
required to avoid holding highly
costly inventories.
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Decreases Production Cost- Manufacturing
companies like that of automobiles and machinery
are highly dependent on supply chains for the
shipment of raw materials required at the
assembly plants as an unexpected delay of a
single part can cause a loss of crores. Decreases
overall costs- Both the manufacturers and
retailers desire to meet their customer service
goals in the least cost possible. This is
possible by enabling potent supply chains and
networks designed for a cost-efficient
process. The financial gains of a proficient
supply chain are many as it decreases the use of
large fixed assets such as plants, warehouses
and transportation. It also speeds up product
flows to customers.
3.Accelerates rural and urban consumption
growth By improving the freight forwarding and
transportation services, the market access is
widened and the reach increases by many folds.
Ocean freight and air freight transport aid
international business. This increases the scope
of audience and profit gaining capabilities of a
company. Liladhar Pasoo was established in 1919
and has since then grown to be one of the top
supply chain and logistics companies in India
with a global presence. With our strong PAN India
network and integrated logistics and supply
chain solutions, we provide specialised and
customised logistics solutions for different
industry sectors ranging from chemicals,
cosmetics, healthcare and pharmaceutical, agro
and food, machinery and equipment, oil gas and a
few more. A diverse portfolio and custom supply
chain solutions have given us an edge over the
others. We believe in a holistic approach by
leveraging on our key competencies which include
an unparalleled knowledge of operational
handling, hi-tech IT systems, compliance to
quality and safety standards, integrated
solutions delivered in the given time frame and a
presence in over 170 countries. Thus, living
by our motto, Futuristic since 1919, has
enabled us to leave a mark in the contract
logistics and supply chain sector of India.