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Showing posts from August, 2019

Third Party Logistics 1473.28 Million Dollar Industry by 2025

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“Do what you do the Best, Outsource the Rest” - Peter F. Drucker  I planned to start my own venture. I have been a marketing professional since my start of career, I have done tons of research before venturing into the fields which were unknown to me. But soon I found myself flooded with so much information to grasp, and I had no time left to execute my learning. I realized that outsourcing the same task to someone  who is an expert in their field would be more effective and efficient.  The above synopsis is true with respect to many industries. One such industry is Indian Warehouse Industry / Indian Logistics Industry The Warehousing market in India is going through a makeover. While this makeover is demanding for change from the Old players at the same time it's providing a platform to the new players.  Becoming a part of the industry is easy but surviving the inevitable is gruelling. Here 3PL Providers come as a relief to these new players, in the warehous

The rise of the logistics industry

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Now, you must be wondering, where do all these super quick and precise activities take place? Well, its usually a Fulfillment Centre in a modern integrated logistics park . Modern Fulfillment Centres include a Box facility (i.e. warehouse) along with packaging facility, inventory management, transportation, returns and other activities. However, unlike the previous brick-n-mortar warehouses, they come with state-of-the-art PEB sheets and flooring that reflects international standards of quality. Moreover, they are abnormally large – often measuring to about 450000 sqft. With India’s e-commerce market growing from strength to strength, these Fulfillment Centres have drawn interest both from real-estate developers and investors. The creation of such Fulfillment Centres has eased the entry of global brands entering India and 3PL player. Such entrants look forward to a Plug-n-play facility where they can start operations within a year without being bogged down by tedious formaliti