the,Logistics,Industry,Finally computer Is the Logistics Industry Finally Catching Up?
----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc
There has been a lot of talk recentlyabout the pace at which the Indian logistics sector is growing andthe transformation it is undergoing. The sector has indeedmetamorphosed from a insignificant past to a vibrant and swiftlyevolving sector. The logistics sector in India has become a keyenabler for economic growth over the last few years. And with thegrowth experienced by major industries such as automobile,pharmaceutical, retail and FMCG, among others the Indian economy isexpected perform extremely well in the coming years. This isextremely good news for the logistics sector.It is common knowledge that logisticshas never been considered a sunshine industry and has never been inthe limelight. It has hardly merited the due attention of theGovernment as compared to other industries. Infrastructure,unfavourable policies, lack of Governmental support and the generalapathy of the sector towards its own development had bogged it down.Of course the situation differs from country to country, butnevertheless logistics remains the underdog. The growth rate beinghardly worth a mention and with the cream of the educated employablein the country refusing to consider it as career prospect, logisticssector has relatively been in obscurity.Within the logistics sector there hasbeen a lot of churning and soul searching to undo the mistakes of thepast and steer towards a better direction, one of growth andre-alignment to modern times. We see a new trend among many logisticscompanies, taking up the role of third-party logistics (3PL) serviceproviders. This is because customers today look for solutions insteadof just a service or a product and the logistics companies have cometo realize the simple truth that they need to change if they wish todifferentiate themselves from the crowd. The cut-throat competition in thesector makes it essential for serviceproviders to sharpen their competitive edges and preparethemselves for the challenges. This is precisely what many playershave started doing and it is high time they did. Apart fromrestructuring their processes and sprucing up their operationalcapabilities logistics companies have turned their attention toinnovation and technology.Logistics companies have startedintroducing lots of innovation in their trade and are enhancing theirexpertise, in unprecedented proportions, to meet the challenges ofthe increasingly complex trade scenario. When it comes to use oftechnology customers in the supply chain today are much more evolvedthan the service providers. With customers looking for more advancedand technology driven solutions, service providers are also beginningto adopt smart and advanced technology solutions. We can say that logistics is steppingout from and gloomy and bleak era to one of great promise and growth.It seems the sector is finally catching up with other industries interms of growth and importance. The outcome depends on the how thecompanies uses the opportunities to catapult themselves ahead. Theleaders from the sector also need to set an example for othercompanies to follow and emulate. If the logistics companies playtheir cards right they can very well catch up with the rest of theindustries or maybe even surpass them. Article Tags: Logistics Companies Have, Finally Catching, Logistics Sector, Logistics Companies, Service Providers, Companies Have
the,Logistics,Industry,Finally