7 min read

Best Warehousing Companies in Bangalore

November 25, 2022 by Danish Khan - 7 min read

Best warehousing companies in Bangalore

Bangalore has emerged as one of the world’s fastest-growing business and innovation hubs. Often dubbed the Silicon Valley of India due to a large number of high-tech firms having their delivery centers in the city and a large and flourishing ecosystem, the city is synonymous with being the go-to place for setting up a business. The city is also home to multiple aerospace, biotechnology, industrial machinery, and electronic component manufacturing companies spread across clusters, including those in Electronic City, Yelahanka, Whitefield, Domlur, Adugodi, Bidadi, Bommanahalli, Indiranagar, Hoodi, Doddaballapura, Hoskote, Bashettihalli, Krishnarajapuram, Bellandur, Narasapura, Rajajinagar, Mahadevapura and more.

With this sustained business growth, residential and commercial real estate demand has increased. Bangalore is also home to several prominent e-commerce firms, including Flipkart, Bigbasket, and Amazon India. This has led to a massive demand for warehousing across mainland Bangalore and the outskirts. With several startups headquartered in the city and Bangalore being the largest urban agglomeration in the south of India, many warehousing companies have geared up to cater to the demand. 

When choosing a warehousing company, there are many factors to consider. Here we have curated a list of the best warehousing companies in Bangalore. So if you’re looking for a reliable and efficient warehousing partner, check out our list.

List of Top Warehousing Companies in Bangalore:

Racks and Rollers

Racks and Rollers are among the most established and pioneer names in the industry of storage, warehousing, and automation. It is a warehousing company based out of Bangalore, Karnataka. Rack and Rollers lead the consultancy in nuances of warehousing like shelving, racking, etc. In the past few years, they have substantially and positively affected the retail, pharma, and chemical industries.

Uniworld Logistics Pvt. Ltd.

Founded in 2002, Uniworld Logistics Private Limited is a top service provider offering logistics and warehousing based out of Bangalore. Uniworld Logistics work on a continuous increment in their provision of top-notch consumer experience. Uniworld Logistics offers tailor-made solutions as per your requirement, all in one place.

Balaji Warehousing Company Pvt. Ltd.

BWC or Balaji Warehousing Company Private Limited, flagship of BWC Group, one of the leading companies in Karnataka. Sri K. Kodandarami Reddy (KKR) has been the managing partner since 2011 when the company was established. Their services include railway clearance, transport, warehousing, and handling. 

Shiprocket Fulfillment

Shiprocket Fulfillment is one of the most trusted eCommerce fulfillment service providers with 45+ tech-enabled fulfillment centers across India, such as Delhi, Pune, Hyderabad, Bangalore, Guwahati, Kolkata, Chennai, Jaipur, Lucknow, Chandigarh, Ludhiana, Kochi, Bhubaneshwar, Patna, Indore, Surat and many more. 

With 25+ courier partners under one roof, they will handle your inventory, pick, pack and ship your business orders to 24,000+ pin codes in India and 220+ countries & territories.

Snowman Logistics Limited

Snowman Logistics is a cold chain & integrated temperature-controlled logistics service provider with 43 warehouses and a total pallet capacity of 130,201 across 17 major cities in India. The company provides blast freezing facilities at temperature-controlled warehouses in Kolkata, Visakhapatnam, Mumbai, Surat, Ahmedabad, Delhi, Chandigarh, Chennai, Bengaluru, Pune, Hyderabad, Kochi, Jaipur and Bhubaneswar.

Coldman Logistics Pvt. Ltd. 

Coldman Logistics provides temperature-controlled warehousing & logistic services to various industries with a strong focus on technology-driven operations. The company offers warehousing, distribution, port-centric logistics, and business-integrated solutions. Coldman Logistics provides Grade-A infrastructure warehouses and has acquired certifications from FSSAI, FDCA, and BRCGS. They have also ensured that their operational activities are eco-friendly, keeping the global agenda of a sustainable world in mind.

Access Warehousing India Pvt. Ltd.

Access Warehousing is one of India’s leading non-asset based supply chain management companies. Access Warehousing services are trusted and well-utilized by all industry participants. The company offers the following services: logistics, warehousing, freight forwarding, warehouse management, and many more. 

Services Offered by Warehousing Companies

When it comes to warehousing, there are a variety of services that companies can provide. Here is a breakdown of some of the most popular services:

Storage: This is the most basic service that companies offer. Companies will have a designated area for storage and typically charge by the square foot.

Inventory Management: This service is designed to help businesses keep track of their inventory. Services can include barcoding, tracking inventory levels, and reordering supplies.

Order Fulfillment: Once an order is placed, companies will handle the packaging and shipping of products. This service includes picking and packing, labeling, shipping, and handling returns.

Benefits of Outsourcing Your Warehousing

There are many benefits of outsourcing your warehousing. Here are some of the most notable benefits:

1. Cost Savings: One of the biggest advantages of outsourcing your warehousing is that it can help you save on costs. When you outsource your warehousing to a third-party company, you don’t have to bear the brunt of capital costs associated with setting up a warehouse. You also don’t need to worry about maintaining and running a warehouse, such as rent, utilities, labour, etc. The warehouse management company will take care of all these aspects, so you can focus on your core business and save on overhead costs.

2. Flexibility: Another significant advantage of outsourcing your warehousing is flexibility. When you outsource your warehousing, you can choose from various service options and select the one that best fits your needs. And if your needs change over time, you can easily accommodate the same accordingly.

3. Technology & Expertise: When you outsource your warehousing to a third-party company, you benefit from their expertise in managing warehouses efficiently. They have the necessary experience and knowledge to ensure that your goods are stored safely and securely and that they are readily available when you need them. Also, a good warehousing company will have best-in-class order management and warehouse management systems. You can access these services in a pay-as-you-use mode with a warehousing partner.

4. Scalability: One of the great things about outsourcing your warehousing is that it allows you to scale up or down as needed. If your business grows and you need more storage space, you can simply increase the size of your storage unit or add additional units as required.

How to Choose the Best Warehousing Company for Your Business?

When selecting the best warehousing company for your business, there are many factors to consider. The most crucial factor is the location of the warehouse. You will want to choose a warehouse closest to your customers and suppliers. This will save you money on shipping costs and improve customer service.

Another vital factor to consider is the flexibility and scalability on offer. You will want to ensure that the warehouse has enough space to store all your current inventory and can also handle a scale-up when required. 

The third factor to consider is the security of the warehouse. You will want to ensure that your inventory is safe from theft or damage. Work with a provider that also offers adequate insurance protection. 

The fourth factor to consider is the cost of warehousing. Compare prices and services offered by each company. Choose the most affordable option for your business needs. Get quotes from several warehouses before deciding.

The fifth factor to consider is whether or not the warehouse offers value-added services such as order picking, packaging, and shipping. These services can save you time and money on your operations. Choose a company that offers these services if they fit your needs.

The last factor you should consider is the ease of interconnecting your existing ordering, ERP, and customer support systems with the technology stack of the warehousing provider.

Conclusion

With India expected to become the third-largest economy by 2030, the scale and scope of businesses are bound to grow. The Indian eCommerce market has grown 9X in the past decade. The eCommerce penetration in India was nearly 8% in FY 22 and is expected to grow to 15% by FY 27. With India at the center of the global economic growth map and Bangalore serving as one of the critical hotspots of this growth, businesses and warehousing will continue to thrive in the city. We hope this guide helps you understand the nuances of warehousing and select the best warehousing partner for your business.

Shiprocket Fulfillment
Nov 25, 2022 by Danish Khan

4 min read

Best Logistics Companies in Mumbai

November 25, 2022 by Rashi Sood - 4 min read

Mumbai is known as the economic capital of India. There are many companies that are expanding and opening their branches in Mumbai. Therefore, the city is also one of the prime locations where most logistics companies operate. Several of these logistics companies provide both national and international shipping services. 

Logistics Companies in Mumbai

However, with a lot of logistics companies operating in Mumbai, it becomes challenging to find the best one for your business. To help you choose the best logistics company in Mumbai and scale your business, we have curated a list of logistics providers in Mumbai that you can trust.

Freightify

Established in 2016, Freightify is a supply chain company headquartered in Mumbai. It has a strong team of 100+ professionals from India, the USA, and Europe. The company helps freight forwarders with the digitization of their global trade. It provides them with automated solutions to digitize their rate management, rate procurement, and quotation processes. Besides, the company also offers live tracking services of the vessels and containers.
‍Freightify automates all the manual tasks of the freight forwarders and helps them cut costs by up to 50% and 70% of their time.

Celsius

Celsius Logistics Solutions Pvt. Ltd. is a logistics and supply chain company headquartered in Mumbai. It helps facilitate the transportation of perishable goods. It also offers cold-storage services and has an extensive network of refrigerated trucks. Celsius offers its clients a seamless experience with its reliable and efficient services.

Celsius aims to bring offline reefer transportation operations online with its state-of-the-art infrastructure and trucking facility.

Globus Logisys Private Ltd.

Established in 2003, Globus Logisys is also headquartered in Mumbai. The company offers warehousing and supply chain solutions, integrated freight logistics (air freight, ocean freight, surface logistics, & customs clearance), and specialised logistics services like exhibition shipment, express shipment, perishable cargo, door-to-door cargo, and cross-country trade.

Besides Mumbai, Globus Logisys has regional offices in Delhi-NCR, Chennai, Kolkata, Bangalore, Kanpur, Panipat, and Jaipur. The company also has international offices in Nepal, Japan, and Bhutan.

Connect India eCommerce Services

Connect India eCommerce Services is headquartered in Mumbai and offers logistics and supply chain services. Founded in 2015, it delivers to 25,000+ pin codes in India. It has around 1,00,000+ partners network. With its wide network, the company enables its clients to increase their geographical reach to semi-urban and rural areas.

Its logistics operations include picking and sorting shipments, packing them, and shipping them. It also offers shipment tracking services.

Provide Same/Next Day Delivery

Tessol

Tessol offers sustainable cold chain solutions and ensures the freshness of products. It helps its clients reduce their operational costs. Tessol offers eco-friendly and sustainable solutions. It helps its clients scale their businesses by offering flexible and efficient last-mile services.

The company has served over 100 big and small brands in different sectors, including pharma, frozen food, dairy, meat and seafood, bakery, central kitchen, and confectionery.

Skites Pharma Private Limited

Skites Pharma is a leading pharma and healthcare distribution company established in 2017. The company is associated with over 110 pharma companies and has a large client base of 5000+ retailers, hospitals, and pharmacy chains.

Swift Freight

Swift Freight is a logistics and supply chain company that offers forwarding and logistics services. It specialises in the India-USA trade line and offers sea freight, air freight, and project cargo services. In all, it offers global transport solutions and door-to-door worldwide shipping in North America, Africa, China, and Europe.

The company offers tailor-made solutions for your business at cost-efficient rates. Swift Freight also has a mobile application to track all your shipments and check their offers and schemes.

Shiprocket Fulfillment

One of the most trusted 3PL service providers in India, Shiprocket Fulfillment has 45+ tech-enabled fulfillment centers in India, including Mumbai. They handle your inventory, and you can ship your orders to 24,000+ pin codes in India and 220+ countries and territories across the globe. Not just this, but they also have an extensive courier network of 14+ partners to meet all your shipping goals in one place.

You can integrate your sales channels like Amazon, Magento, and Shopify with Shiprocket Fulfillment and process and ship your orders seamlessly from a single platform.

Final Thoughts

Choosing the best company in Mumbai takes careful consideration. But now that you have a handy list of the best companies in Mumbai, you can make an informed choice and scale your eCommerce business easily! 

Shiprocket Fulfillment
Nov 25, 2022 by Rashi Sood

4 min read

Best Freight Forwarding Companies in India

November 16, 2022 by Rashi Sood - 4 min read

A freight forwarding company is responsible for handling various logistics-related tasks. It helps in the movement of cargo on behalf of the cargo owner. The freight company arranges and books space in the vessel. It arranges cargo insurance, monitors movement in real time, and prepares all required documents on the cargo owner’s behalf. It helps ship cargo with fewer complications, giving you more time to focus on core business activities. Thus, you must partner with a professional freight forwarding company in India to ensure your cargo is managed without any hassles.

Best FreightForwarding Company

What is Freight Forwarding?

Freight forwarding is moving cargo via a freight company from its place of origin to its destination. The freight company picks up the cargo and delivers it to the final destination. The cargo can be shipped via truck, ocean, or air freight, depending on various factors.

Here Is a List of the Top Freight Companies in India

1. Maersk India

Maersk is a Danish shipping company that was established in 1904 in Denmark. It offers ocean and inland freight transportation and has offices in 130 countries across the globe. Maersk has been operating in India for more than 20 years and offers top-notch shipping services that connect businesses in India with the rest of the world. It provides services from 15 ports in India and has offices at 25 key locations in India.

Maersk India has vessels and containers that can help deliver shipments safely. You can also ship perishable products such as fruits and vegetables.

2. Om Freight Forwarders

With more than four decades of expertise in the industry, Om Freight Forwarders is headquartered in Mumbai and has offices across different continents – the UK (Europe), China, Hong Kong, and Singapore. The company caters to 700 national and international locations. It has branches in all major cities in India, airports, and seaports. 

With Om Freight Forwarders, you can avail a wide range of customized services at cost-effective rates. Their services include end-to-end logistics services, warehousing, distribution solutions, and legal.

3. Ocean Sky Logistics

Ocean Sky Logistics is one of India’s leading international freight forwarding companies. It has around 20 years of experience and offers a wide range of logistics services – ocean freight, air freight, and international rail & road freight. Some other benefits include custom clearance, warehousing, pickup & door delivery, professional support (formalities with DGFT), foreign trade EXIM consultant, and industry support. It has a global presence in the market and can help meet all your logistics goals with its dependable supply chain network.

4. APT Logistics

APT logistics is an air and sea freight company established in 2002 in Mumbai. Its wide range of services includes air, ocean, and inland freight, customs clearance, warehousing and storage, and consulting. It covers different industries and sectors, including consumer packaged goods, chemical goods, goods and beverages, retail goods, energy, oil, and gas.

APT Logistics offers fast and reliable worldwide delivery. It has branch offices in 12 Indian cities, including Chennai, Kolkata, Bangalore, Hyderabad, and Delhi. 

Provide Same/Next Day Delivery

5. Seal Freight

Founded in 1990, Seal Freight has become one of India’s top freight forwarders. It offers land, sea, and air cargo transportation. Its wide array of services includes international freight forwarding, logistics distribution and management, cargo packaging, cold chain solutions, project cargo handling, and customs clearance. 

6. Addax Logistics

Established in 2011, Addax Logistics is an integrated logistics service provider. It offers freight forwarding services, exhibition logistics, personal cargo clearance, delivery, and project cargo logistics. Addax Logistics provides customized consulting services and helps businesses save on shipping costs by reducing transportation expenses. They serve over 40 industries, including pharmaceuticals, textiles, and many others.

7. Stockarea

Stockarea is another provider of freight forwarding services in India. With Stockarea, you can import to India and export from India. It provides air and ocean freight services that can be customized per the customer’s needs. Stockarea has more than two decades of experience and has a presence in all major ports in India – Maharashtra, Tamil Nadu, Andhra Pradesh, Gujarat, Goa, West Bengal, Odisha, and Kerala. It offers its services at competitive prices. They provide comprehensive logistics services, including customs clearance, warehousing, distribution, and domestic inland transportation.

Conclusion

A freight forwarding company is your one-stop shop for national and international cargo shipment needs. They work closely with freight brokers and agents to come up with the best and customized solutions for your business.

If you are looking for a top 3PL service provider in India, Shiprocket Fulfillment is your best bet! You can boost your order fulfillment, reduce shipping costs and RTO, and deliver orders faster by outsourcing your order fulfillment process to Shiprocket Fulfillment.

Shiprocket Fulfillment
Nov 16, 2022 by Rashi Sood

5 min read

Retail Fulfillment: Strategies to Fulfill Retail Orders

November 4, 2022 by Rashi Sood - 5 min read

During the coronavirus outbreak and lockdown, consumers were forced to shop online for their needs. As things are getting back to normal, most consumers are still preferring to shop online. Many companies have seen a sharp rise in online sales, and due to this shift in consumer behavior, many brick-and-mortar stores have also started selling products online. 

Retail Fulfillment

As companies adapt to the online retail approach, they are realizing that there is a vast difference between selling products in-store and offline. Thus, knowing everything about the eCommerce order fulfillment or retail fulfillment process has become crucial. 

The retail fulfillment process includes picking the right product from inventory, packing it, attaching proper shipping labels, and shipping and delivering it to the end customer. Also, there is a cost attached to this process.

Notably, to be able to run an online retail business successfully, it is crucial to improve and optimize your retail fulfillment process.  

Let us now understand more about retail fulfillment, its processes, and strategies you can adopt.

What is Retail Fulfillment?

Retail fulfillment includes the assembly of products and shipping them to the end customer. In a brick-and-mortar store, the customers visit your store to purchase the products. They choose the product they want, pay for it, and take the product with them.

However, when buying from an online store, customers visit your website, choose the product, and pay for it. Once the order is placed, your fulfillment center receives a notification. The professionals at the fulfillment center pick, pack, and ship the right products on your behalf.

An efficient retail fulfillment process is crucial as it impacts the overall customer satisfaction of your brand. You might have a user-friendly website and a fast checkout process, but if you take more than the required time to pick, pack, and ship orders, you won’t be able to deliver orders on time. Also, if your shipping cost is high, your profit margins will be decreased. Partnering with a 3PL will help you optimize your retail fulfillment process.

Retail Fulfillment Process

Retail Fulfillment

As your business grows, working with a 3PL company to manage your order fulfillment process can help you scale your business faster and more efficiently. Their expertise in managing orders and processing them can benefit your business. Let’s have a look at the process:

Receiving Inventory

The process starts with receiving inventory from a third party. The inventory is counted and inspected. It is important to ensure that the inventory is not damaged and the correct amount is received.

Storing Inventory

Once the inventory is received, the next step in the process is to store it. The goods are inventoried, stored, and disbursed around the fulfillment center for short-term or longer-term storage.

Processing Orders

For every newly received order, the product is picked and packed. You can also integrate your website or sales channels with your 3PL platform to auto-sync the orders. This will help in processing orders faster and more efficiently. 

Picking Orders

The picking team at the fulfillment center picks the products from the shelf according to the packing slip. It is crucial to choose the right product as per its size, color, and the number of units. 

Offer Same/Next Day Delivery

Packing Orders

Once the orders are picked, the next step in the process is to pack them. The picked orders are taken to the packing station, where the fulfillment team packs the order. The orders are packed in a way that the packaging is its lowest practical dimensional weight. Also, while ensuring the lowest dimensional weight, the experts ensure that the product has enough protective packaging layer so that it is not damaged during transit. Further, relevant shipping labels are attached to the packed product.

Shipping

The order is handed over to the courier partner to be delivered to the customer. The order can be shipped via road, air, or water, and the shipping cost is calculated based on the distance and weight of the shipment.

Delivery

The last step of the retail fulfillment process is delivering the parcel to the customer. Some courier partners might not deliver shipments to some locations. Thus, the delivery partner needs to be chosen carefully depending on the pickup and delivery locations and delivery time. 

Processing Returns

In some cases, processing returns is an additional step. Sometimes, the customer returns the order. The return is processed carefully, ensuring the product is restocked. If the product was returned because it malfunctioned or was damaged, it is not restocked but marked a bad debt. Returns processing also includes quality checks.

Retail Fulfillment Strategies

Retail Fulfillment

Read on to learn a few retail fulfillment strategies:

1. Choosing a 3PL Partner

When choosing a 3PL service provider, it is crucial that you look into some vital points. For instance, the closer the fulfillment center is to your customers, the faster and cheaper you can deliver your orders. 

2. Shipping Time

With Amazon’s same or next-day delivery, customers’ expectations have increased. Customers don’t want to wait for their products for long. Thus, your fulfillment partner must have different courier partners onboard who can deliver your products faster and, at the same time, at the lowest rates. 

3. Sales Channel Integration

Your 3PL provider should also provide you with tech-enabled warehousing systems where you can integrate your sales channel for better and faster order processing. As an order is placed on your sales channel, the fulfillment center staff will also get a notification. He will pick, pack, and ship the right products to the customer in no time. The tracking information will also be sent to the customer for better order tracking.

Conclusion

By taking your brand online, you definitely have access to newer opportunities. But it is imperative that you have an efficient retail fulfillment process in place to ensure your orders are delivered on time and your customers have a superior experience with your brand.

Shiprocket Fulfillment
Nov 4, 2022 by Rashi Sood

5 min read

Best 3PL Service Providers For Global Sellers In India

October 26, 2022 by Rashi Sood - 5 min read

For an eCommerce business owner, fulfilling orders and managing returns becomes infeasible as the business grows. Similarly, for a global business setting its foot in India, it is challenging to fulfill orders in-house. Thus, it only makes sense to turn to a 3PL or third-party logistics to outsource the fulfillment process.

3PL service providers

In this blog, we shall discuss what critical points you should consider while choosing the right 3PL for you and the best 3PL service providers for global businesses in India.

Considerations to Keep in Mind While Choosing a 3PL Partner

Capability

Every business has different needs. A third-party logistics provider might work exceptionally well in one department but lack flexibility in other departments. There is an increasing need for modern storage facilities and end-to-end fulfillment operations  solutions. Also, consumer demand is ever-evolving. Thus, it is critical that the 3PL you choose is capable enough to meet all your requirements. Whether it is pallet displays or reverse logistics, the 3PL provider should be able to meet all your fulfillment and warehousing requirements suitably.

Reputation

When choosing a 3PL partner, it is imperative to choose a reputed one. A 3PL’s reputation is built on the satisfied customers it is serving. You must partner with a reputed 3PL that can find solutions to all the challenges you might face while fulfilling your orders using their team, network, and connections. For instance, since a 3PL has connections in the market, it can negotiate a better deal for you with the courier companies. Thus, you can deliver your orders on time while also saving some extra bucks.

Stability

3PL providers who have been in the business for a while have vast field experience and know how to provide functional supply chain and logistics services. They know the nitty-gritty of the market and logistics industry. They are stable and can adapt to the changes in the market. Thus, they can help you stay ahead of the competition.

You need to look for a provider who has been in the market for some time and has multiple fulfillment centers across the country. This will help decrease both the shipping time and cost. Also, this will help you build a brand reputation among your customers.

Customer Service

An efficient customer support service is crucial to building a relationship with your customers. And a 3PL who has invested in customer service would certainly know the importance of quality management for your brand.

A 3PL with quality customer service can identify your customers’ issues and resolve them in real time. It will also provide other beneficial services like shipment tracking. In a nutshell, they will offer all the services that will help make the logistics and fulfillment process less stressful while ensuring that your customers also get a delightful experience with your brand.

Technology

Technological advancements lead to better logistics services. The 3PL provider you choose should have tech-enabled fulfillment centers, so all the processes, from receiving an order to fulfilling it, are streamlined.

It is essential that your provider uses the latest technologies and has the best and most experienced team to meet your requirements. From offering sales channel integration services to having thoroughly equipped fulfillment centers, your 3PL should have it all.

Customized Solutions

Your eCommerce business can be a B2B, B2C, or retail distribution. You need to look for a 3PL that can offer customized solutions for your brand. And when it comes to customized solutions, the services you are getting should integrate with your supply chain seamlessly.

While packing orders, you might want to personalize your customers’ experience. A 3PL offering customized solutions can help build a brand among your customers by providing the same services that you want to offer to your customers.

Offer Same/Next Day Delivery

Top 3PL Service Providers

Shiprocket Fulfillment

Shiprocket Fulfillment is one of the most trusted 3PL service providers in India, and it has 45+ tech-enabled fulfillment centers across India. They will handle your inventory and pack and ship orders to 24,000+ pin codes in India and 220+ countries across the globe. Using their extensive courier distribution network, you can ship your orders using 14+ top courier partners.

You can also integrate your sales channels like Amazon and Shopify with Shiprocket Fulfillment and seamlessly process and ship your orders from a single platform. Global sellers planning to sell their products in India can easily trust Shiprocket Fulfillment with their order fulfillment process and grow their customer base. 

Stockarea

Stockarea provides on-demand warehousing solutions and 3PL services in major cities like Chennai, Bangalore, Hyderabad, Mumbai, Kolkata, Ahmedabad, and Delhi. Its 3PL offerings include storage service, cold storage, B2B fulfillment, eCommerce fulfillment, FTL service, reverse logistics, customs clearance, ocean freight, and value-added services. You can control your logistics through the cloud platform and set up your remote inventory based on their warehousing network.

Mahindra Logistics Limited

Mahindra Logistics provides end-to-end logistics services that help businesses reduce delivery times and offer better customer service to their customers. Their services include warehousing, transportation, in-factory logistics, freight forwarding, and value-added services. Mahindra Logistics has 17+ mn sq. ft. warehousing space and uses high-end technology that ensures optimum operations efficiency.

Final Thoughts

Choosing the best 3PL partner for your eCommerce business takes careful consideration. It should be based on stability, technological advancement, customer service, and customization.

Shiprocket Fulfillment
Oct 26, 2022 by Rashi Sood

5 min read

Just-In-Time Inventory Management: Advantages & Disadvantages

October 21, 2022 by Debarshi Chakrabarti - 5 min read

There are three inventory management techniques: pull, push, and just-in-time. Depending on the business requirements, a brand manufactures inventory based on customer demand, also known as the pull method. The push method is when a brand pushes out products based on expected demand.

Apart from these two methods, there is a third method, which is our focus in this blog – the just-in-time inventory management method.

Just-In-Time Inventory Management

What Is Just-In-Time (JIT)?

Just-In-Time or JIT is an inventory management method in which goods are received from suppliers only as and when they are needed. The main objective of this method is to reduce inventory holding costs and increase inventory turnover. Businesses use this method to reduce inventory waste, improve efficiency and have accurate demand planning.

Although the history of JIT traces back to Henry Ford, the American businessman who applied similar principles to manage inventory in the Ford automobile company during the early part of the 20th Century, the origins of JIT as a management strategy track down to Taiichi Ohno of the Toyota manufacturing company. 

He developed the just-in-time strategy as a means of competitive advantage during the post-World War II period in Japan.

Just-In-Time Management is also known as Lean Management, Cycle Time Management, Quick Response Manufacturing etc. However, while lean management is a customer-centric philosophy focusing on manufacturing and operations management, JIT has a more business-centric philosophy focused on the production process. Hence, businesses prefer it more as their go-to approach.

Offer Same/Next Day Delivery

How Does Just In Time Work?

JIT inventory management ensures that stock arrives as needed for production or to meet consumer demand, not earlier. The goal is to eliminate waste and increase the efficiency of business operations. 

Since the main objective is often quality and not the lowest price, JIT requires long-term contracts with reliable suppliers.

In JIT, the parts of the production or service system are interconnected. These systems exchange information and are mutually dependent on generating successful outcomes. It is a continuous improvement process aiming to streamline the business strategy.

For a successful just-in-time model, a business needs the following:

  • Steady & consistent production
  • Reliable material suppliers
  • Quality systems that work without any fail
  • AI-driven accurate demand forecasting 

Due to this type of inventory management, businesses require robust network connectivity along with Artificial Intelligence, machine learning, Internet of Things, cloud ERPs, and blockchain technologies to share and analyse data in real-time and make smarter decisions.

Just In Time Process

Just-In-Time – A Continuous Improvement Strategy

Since the just-in-time process aims to reduce waste and improve quality, the strategy goes through an 8-step cyclic process for continuous improvement.

  1. Design: The JIT process begins with a review of the product design, process design, personnel and manufacturing planning to eliminate disruptions, minimise waste & build a flexible system.
  2. Manage: A Total Quality Management (TQM) review ensures there is continuous improvement throughout the process. 
  3. Pull: The amount and time of material flow are determined by the rate and time of the actual stock consumption. A scheduling system is used for this process. 
  4. Establish: Relationship management is critical in the JIT process. Review your supplier lists. Negotiate contracts, and discuss lead times, delivery expectations and business requirements
  5. Fine-tune: Determine your inventory needs, brush up on the fine details of policies, and reduce unnecessary inventory movements.
  6. Build: Inform your team about the skills and capabilities it needs to complete its work and conduct team education and empowerment sessions to educate them. If your business uses automation, ensure the systems are capable of the work required.
  7. Refine: Reduce the number of steps in production by refining, standardising and reviewing the entire process.
  8. Review: Define and implement quality measures and metrics and conduct a root cause analysis of any problems. Emphasise improvements and track trends to improve every aspect of JIT.
Advantages Of Just In Time

Advantages Of Just-In-Time Inventory Management

Just-In-Time inventory management has several advantages.  It aims to boost a business’s ROI by reducing waste, increasing efficiency and lowering inventory carrying costs. 

Some of its other advantages are as follows:

  • Gives the manufacturer more control over the manufacturing process.
  • Decreases warehouse holding costs and reduces labour costs.
  • Reduces obsolete inventory, dead stock & defective product loss. 
  • Raises inventory turnover ratio and improves local sourcing.
  • Minimises raw materials on hand and inventory obsolescence.
  • Greater productivity with faster product turnaround with shorter production flow.

Disadvantages Of Just-In-Time Inventory Management

Although JIT has several advantages, there are some disadvantages of the same. The following are the drawbacks of JIT:

  • Any disruption in the supply chain can halt the entire production process.
  • With no finished goods in hand, businesses cannot address a sudden order surge.
  • Shortages and stockouts can disrupt inventory systems.
  • There could be forecasting flaws leading to disastrous outcomes.
  • Excessive supplier dependence can disrupt the entire supply chain in case of material delivery failure.

Factors To Consider Before Implementing Just In Time

JIT inventory management is not for every business. Every business has its own unique requirements and implements inventory management processes accordingly. Here are six factors to consider before opting for just-in-time inventory management.

  • Turnaround Time: Ask if your products can be supplied or manufactured quickly if needed.
  • Demand Forecasting: Consider if your business has accurate demand forecasting, even during festive seasons.
  • Flexibility: Ensure that your supply chain is flexible enough to adapt to disruptions like supplier drawbacks & natural calamities.
  • Distributors: Cross-check if your vendors & distributors are reliable and if your order fulfillment system is efficient enough.
  • Workforce: Check if you have multi-functional, cross-trained employees to perform several duties so team members can fill in when and where needed in the production line cell.
  • Technology: Check if your business uses inventory management software that supports the JIT inventory system.

Summary

Just-In-Time inventory management is helpful for businesses to manage production and fulfill orders efficiently. They find it beneficial because it reduces waste and helps maintain a positive cash flow. However, there are downfalls to the same. Now that you have an overview of JIT, you can make an informed decision about your business.

Scale Your Business The Smart Way
Oct 21, 2022 by Debarshi Chakrabarti

4 min read

What Is Digital Supply Chain Management?

September 28, 2022 by Malika Sanon - 4 min read

Technology has paved its way in all aspects of businesses in the modern world. It changed how we now run our companies, how we communicate with our stakeholders and the speed of accessing information. Now, as organizations look at the strengths of their supply chain, the need for digital tools to manage your supply chain is becoming increasingly apparent.

Digital Supply Chain Management

In the following blog, we will understand what digital supply chain management is and touch on the benefits of implementing these practices into your business. 

What Is Digital Supply Chain Management?

The world has turned into a global village wherein everyone is connected to everyone. And so, global relationships have become even more complex and time-consuming. To fix this, we need transparency to be successful and make the trade around the world successful and less time-consuming. 

Digital supply chain management comprises technological advancements and tools organizations use to support their supply chain from the first mile to the last mile. 

Automation and digital tools enable organizations to reduce manual work and eliminate paper-led information requests as all the required information is stored and hosted in one location. 

The objective of digital supply chain management is to holistically manage orders, invoices, and supplier and buyer relationships, all on a digital platform that is accessible to all. With accurate insights and data, digital supply chain management platforms offer deep dive into the information on performance, requirements, and overall supply chain dynamics that leaders can use to make informed decisions. 

Elements Of A Digital Supply Chain

Digital supply chain management is a process that involves multiple steps and begins in the planning stage, and continues to customer relationship management after order fulfillment. 

Organizations need to utilize tools that support the digital supply chain at every stage. Without transparency in data regarding orders and transactions, organizations open their supply chains up to potential roadblocks. 

Various Stages Of The Digital Supply Chain Management Cycle 

Stages Of Digital Supply Chain

Plan

The planning stage of digital supply chain management involves planning out your processes and inventory before reaching order management. This stage primarily focuses on controlling the business’s inventory and manufacturing processes.

This stage can be different for the type of industry and the tools they use. If a business relies heavily on technological advancements, it is paramount for them to be prepared with the tools and materials needed to fulfill future orders. 

Source 

In the sourcing stage, businesses work to find and identify suppliers of goods for necessary order fulfillment. 

Make 

In this stage, your team needs to accelerate the digital tools to achieve the goals focused on performing the required steps to get the final product. 

Delivery 

This stage involves more customer interaction and engagement. After making the product or service, the business must deliver it to potential customers. 

Digital supply chain management tools make it more accessible as, at this stage, customers need access to information on many levels, which would just minimize the manual effort. Your best bet to a happy customer is not only to fulfill your order promise but to create a buying experience that is enjoyable and free from miscommunication. 

Return 

The return stage is part of the digital supply chain management process that involves relationship management. Your relationship with your suppliers can directly benefit the efficiency and productivity of your supply chain. You want to ensure that your buyers see value in your relationship and have an enjoyable experience working with you. In this stage, supply chain managers need to plan out processes for returning or replacing defective products, what steps will be taken if a process is not fulfilled correctly, or any other potential roadblocks you may encounter. 

Shiprocket Fulfillment has fulfillment centers located in different cities across India. This means you can decentralize your inventory, store it closer to buyers, and save on shipping costs while providing one-day and two-day delivery. 

Not just this (Shiprocket Fulfillment Testimonial), the right technology stack like warehouse management systems, order management systems, and logistics operations enable your business to expedite deliveries. We are also equipped to reduce your order-to-ship time and meet the stringent requirements of marketplaces. 

Shiprocket Fulfillment
Sep 28, 2022 by Malika Sanon

3 min read

Retail Operations: A Roadmap to Excellence

September 23, 2022 by Aayushi Sharawat - 3 min read

Online shopping has become increasingly popular among consumers, making retail operations crucial & demanding. Retailers must act readily to be prepared for the upcoming wave of consumer trends, regardless of whether they are online stores or physical locations. To compete with their rivals, ambitious retail organisations constantly look for ways to increase efficiency, punctuality, and customer satisfaction

What Do You Understand By Retail Operations?

The daily operations of a retail business—a company that sells goods directly to customers—are referred to as retail operations. These tasks, often known as operations, involve selecting and purchasing goods for the store and taking customer payments for both online and offline modes.

What operational strategy is ideal for a business will vary depending on several factors. Although each company must determine its strategy, the primary goal of a business is to stay updated in a changing market. All merchants want to use technology to enhance their operations regardless of their size and product type. 

Elements Of Retail Operations

The operational strategy of a chain or retailer may vary depending on the type of merchandise sold and the target audience. The following are some typical elements of retail operations:

Physical Store Layout

Retail operations include the store’s layout for brick-and-mortar retail businesses. Businesses use shelves, display cases, and aisles to make products easier to find. It becomes easy for the consumer to choose the product without help and make quick decisions.

Logistics

Logistics in retail refers to transporting goods between production sites, storage facilities, and retail & customer locations. Retail operations specialists may consider multiple modes of transportation, such as trucks, planes and trains, to develop a transport strategy that satisfies customer expectations & saves logistics costs.

Inventory

Retail operations staff may exhibit a portion of their goods in the store’s main area while keeping excess items in a back room to avoid clutter. Retail store managers frequently keep most of the stock in a warehouse and schedule regular delivery to the store and customers accordingly.

Customer Service

Good customer service plays a vital role in attracting customers by providing them with a delightful and exceptional customer experience. Also, promotional offers and freebies help. Personalisation may also have a significant impact on future client retention. A higher customer lifetime value is the outcome of a higher retention rate.

Mode Of Payment

Customers may have a variety of payment alternatives in both offline and online stores. Exploring different payment methods, such as credit cards, mobile payment applications, and gift cards can help retail operations experts make the purchase process quick and easy for customers.

Return/Exchange Request

Customers may return to the store to exchange a product for another if they need it in a different size or colour or for multiple other reasons. Retail operation staff assists consumers in getting the correct item or making a refund request if the customer requirement is not fulfilled.

Conclusion

Focus on the above elements to sustain your company in a dynamic, highly competitive, and complex business environment and achieve the essential operational excellence for your e-commerce venture. All the mentioned elements can help you optimise your retail operations, but you must use them carefully to achieve the best results. You will encounter obstacles, but the key is to remain focused, pay attention to your consumers, resolve their problems, and take preventative measures.

Sep 23, 2022 by Aayushi Sharawat

5 min read

Top 3PL Providers for Global Businesses in India

September 16, 2022 by Debarshi Chakrabarti - 5 min read

Top 3PL Providers for Global Businesses in India

Running a global business comes with its own challenges. Among the numerous problems is the challenge of choosing a 3PL provider that caters to your needs. Not only that,  businesses need to bank upon the provider for a significant part of their operations and shipping, and in the end, that makes all the difference.

About 98% of 3PLs have good relationships with their customers. Businesses must have a strong partnership with logistics providers to ensure smooth operations.

Qualities Of Top 3PL Providers

When businesses outsource their logistics, they choose a 3PL provider that offers them curated services at a cost-effective rate. Every business wants to make an intelligent choice; hence, 3PL providers are a to-go decision for almost 73% of them.

Choosing a 3rd party logistics provider is tricky. Here are a few factors and qualities to consider when selecting a 3PL provider.

Proper Experience

Businesses need to find a 3PL provider with competent experience. You do not want to start with one company and then change midway. Choosing an experienced provider with good reviews is essential. Selecting a logistics aggregator or a well-established 3PL provider with experience to back their services and reputation is the key to success for global businesses.

Extended Reach

If you are a global ecommerce business, you need a 3PL provider with multiple locations around India to help you scale your business. Many providers have warehouses in different cities for businesses to reach their customers faster & further. Companies should not have to shell out more on the shipping because their  3PL provider’s network is too small.

Data & Analytics

In an era where data rules, global businesses need to make smart decisions and rely on analytics to follow the path ahead. This applies to 3PL providers as well. Companies need to choose a provider that anticipates the needs of their customers, manages rush orders smoothly, and optimises routes using data analytics to save costs and more.

Carrier Selection

Cost cutting is essential, but not at the expense of your business’s reputation. Companies need to choose 3PL providers that have reputed carrier partners with them. Having trusted, reliable carriers to work with ensures that your customers get their orders on time, every time.

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Top 3PL Providers For Global Businesses

Blue Dart

Serving over 35000 locations in India, Blue Dart is one of the prominent players in the ecommerce delivery and logistics industry. It uses air transportation as the primary method of delivery. Blue Dart is one of the largest 3PL networks in the world. It has experience and expertise in regulatory and customs operations and has an operational service accuracy of 99.96%.

Delhivery

Since its inception, this 3PL provider has fulfilled over 1.4 billion orders across India. Delhivery has a presence in over 175 cities and serves 18000 pin codes across India.  It has around 21 automated sorting centres, 96 gateways, 93 fulfillment centers, and 2948 direct delivery centres to manage operations.

Ekart Logistics

Commencing operations in 2009 as Flipkart’s in-house supply chain subsidiary, Ekart elevates the customer experience and is known for punctual delivery and efficient management processes. They offer complete end-to-end fulfillment services. Businesses prefer Ekart because of its low rates and express delivery options.

Xpressbees

It is one of India’s fastest-growing express logistics service providers, catering to end-to-end supply chain solutions. It has 3000+ offices and service centres, 100+ hubs, 1 Million sq ft of warehouse capacity and handles three million daily shipments in over 2500+ network cities across India. 

Shiprocket Fulfillment

As one of the top logistics platforms, Shiprocket Fulfillment offers services to over 250K brands in India. It has over 45+ warehouses, and businesses can send their orders across 29000+ pin codes across the country.  It offers low-cost shipping, end-to-end fulfillment services and a superior customer experience.

How Global Businesses Are Addressing The Demands Of Indian Consumers

Product Availability

Over the decades, the shrinking attention span of humans, in general, has influenced customers’ purchasing decisions. Gone are the days when customers would order a product and have to wait weeks to receive them. Customers want their product to be available ‘now’ and delivered ‘today’. Businesses have adapted to this change and are looking for ways to comply with it. Answering this call, 3PL providers have adequate orders in the inventory to avoid stockouts or backorders. They also provide expedited delivery options. This ensures that customers are guaranteed their orders at the earliest.

Product Packaging

Packaging plays a vital role for eCommerce businesses. A well-packaged product not only prevents damage and secures it from breakage,  it also says a lot about the brand. Good packaging help consumers create and retain the brand’s personality & value. A lot of 3rd party logistics providers offer custom packaging solutions to businesses. They also take responsibility for product packaging for their clients so that businesses can fulfill orders without any hassles.

Live Order Tracking

Customers should never have to go to the ‘where is my order?’ section of the business’s website/ app. They should always be informed of their product journey. Having a clear timeline helps manage customers’ expectations and ensures transparency. Reputed 3PLs provide real-time order tracking notifications to buyers at every stage of the order process. This keeps the customers informed and improves conversions in the last-mile delivery.

Exchanges & Returns

Customers can exchange or return the product if it is damaged or does not serve the purpose or for various other reasons. Businesses prefer a 3PL provider that specialises in product exchanges, reverse pick-ups, auto restocking of inventory & end-to-end returns management. With 3PL providers managing reverse pickups and returns, businesses have one less thing to worry about.

Summary

There are several 3PL providers for global businesses in India. They all provide more or less similar services. It is the extra effort by the fulfillment experts that help businesses go the extra mile. With the right 3PL provider, one can scale their global business in new arenas without having to worry about cost reduction, order fulfillment, inventory management, last-mile delivery and returns management. 

Scale Your Business The Smart Way
Sep 16, 2022 by Debarshi Chakrabarti

7 min read

Reduce RTOs With These Packing Materials This Festive Season

September 9, 2022 by Debarshi Chakrabarti - 7 min read

reduce RTOs with these packing materials

The festive season is knocking at the door, and we know what that means for your business – a surge in orders. But with more orders, there come more hassles too. Mismanagement of time and resources, hasty work, poor packing of products and delivery delays during the season rush becomes a source of stress for businesses.

While brick-and-mortar stores deal with the seasonal rush in specific ways, it is different for ecommerce businesses. The chances of orders returning to origin are high, and the returned orders end up being deadstock. 

Inadequate Packing = More RTOs. There is a direct correlation between product packing and RTO orders. If the product is packed improperly, there are higher chances of it getting damaged, thus, an increase in RTO orders. Quite simple.

Difference Between Packing & Packaging

Often used interchangeably, these terms are not quite the same. There is a difference between the two. While packing refers to the layers inside the box to protect the product from damage, the packaging is done to the parcel or orders shipped to the customer. These processes overlap at certain points and purposes but have distinct roles.

Packing

  • It is the process of making a container or box suitable for a product to ensure safe transportation and storage. 
  • Packing is a material used to cover a product and stop it from moving around and getting damaged.
  • Packing prevents the product or items from breakage, leakage, pilferage, etc.
  • Different methods used in packing are wrapping, cushioning, weatherproofing and sealing. 
  • Common materials used for packing are bubble wrap, cardboard, cellophane, foam packaging etc.

Packaging

  • It is the designing and manufacturing of an attractive box or bags using which the products are packed, stored and made ready for transportation. 
  • Packaging is an essential tool in marketing for boosting sales.
  • Besides protecting the product from damage, good packaging also engages the customers.
  • Businesses use packaging to engage and build a visual relationship with customers.  
  • There are two types of packaging – primary and secondary. 
  • Marketers use primary packaging to sell the product to end customers.
  • Secondary packaging is used to transport the product from one place to another.
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Why Is Proper Product Packing Important?

For Protection

The main and the most apparent reason for packing a product is for its protection against damage, breakage and pilferage. Packing gives the product a cushioning and a snug fit inside the box, so it does not stay loose or rattle during storage, handling and transportation. The suitable packing material also shields the product directly from heat, humidity and other factors that might damage the product.

For Safety

In logistics, mistakes happen, and unforeseen problems arise. Despite proper packing, a product may break or get damaged. Choosing the suitable material to pack can be the difference between safe return/ disposal or a disaster waiting to happen. 

For example, if you sell glass vases, it is best to wrap the vase in paper or bubble wrap and then put it inside the box with other dunnage. This way, even if the glass breaks, the shards will still be held in the paper and minimise the risk of cuts when the customer tries to take the product out of the box. 

Sustainability

Businesses are trying to reduce their carbon footprint, and proper packing is a crucial aspect of that. Using recyclable packing materials takes this one step further and positively impacts your customers’ minds. This affects the brand, the product and the business overall. Switching from heavy-duty plastic wrapping to dried leaves and using paper packing instead of styrofoam blocks are some ways companies are trying out these small but effective changes.

Common Types Of Packing Materials 

Air Bags

These are plastic bags or pillows filled with air and sealed tightly to offer protection to products. It works as a space filler for shock absorption and damage protection.

Bubble Wrap

This is the most common type of packing material used by businesses. It is lightweight and is used to wrap fragile items like glass, ceramics etc. Companies can reuse this material if the bubbles remain unpopped.

Dried Leaves

In recent years, there has been a rise in the use of dried leaves as a cheap and eco-friendly alternative to plastic. Leaves from bamboo, banana, and coconut trees are used for packing. They work similar to paper but require less processing.

Paper Honeycomb 

Paper honeycomb is another eco-friendly packing material. It has strength and rigidity because of its unique form of hexagonal-shaped cells. This material is lightweight and has seven times the strength of traditional cardboard.

PE Foam

Polyethylene foam is a durable and versatile material that is used for packing. These are dense materials that can be used as rolls, buns, sheets or custom cut to fit the product. 

Styrofoam Pellets

Also known as packing peanuts or foam popcorn, these are loose-fill packaging and cushioning materials used to prevent damage to fragile objects during shipping. They are shaped to interlock when compressed and free flow when not compressed.

Kraft Paper

This material is made of recycled paper that is typically crinkled and stuffed into packages. It is popular as it is eco-friendly, inexpensive, reusable and effective against damage and shock.

Corrugated Paper

Corrugated paper is made from layers of brown wrapping paper laminated together and used as a flat, thin sheet.  It has more strength and durability than Kraft paper and offers a better packing finish to the product.

Thermocol

Also known as stretch polystyrene, thermocol is a popular choice as a lightweight packing material.  Although not the most eco-friendly, this material is known for its strength, energy absorption capacity and cushioning effect. 

Fiber Packing

Fiber packaging can be made from different materials. These include recycled newspaper, cardboard, or natural fibers such as wood pulp, bamboo, bagasse, and wheat straw. Known as pulp packing, these materials are made with renewable resources, compostable, and completely biodegradable.

Packing Tips For eCommerce Businesses 

  • Choose suitable materials for packing your products. When packing, consider the product’s weight, shape, size, fragility and value and choose the material accordingly.
  • Pack each item individually. Do not leave any space, but do not overfill your box or container. 
  • Keep sufficient cushioning. Having insufficient fillers will have the product to bounce around in the box during delivery. Overstuffed boxes, on the other hand, can burst open during delivery.
  • After packing your product/s, seal the box properly. Use the H-Taping method to close the boxes for the best sealability. Use brown tape or duct tape.
  • If you cannot manage the packing, it’s best to take help from a 3PL provider like Shiprocket Fulfillment than struggle with in-house packing and packaging. 

Summary

Proper packing can save businesses a lot of hassles. The festive season will bring a rush of orders, and it can be challenging to manage all of them properly. With these tips, businesses can manage their packing effectively and reduce product damage, breakage or spillage, reducing the overall number of  RTO orders. These practices will help prevent damage to your product when shipping and can save you money on replacing damaged goods. Appropriate packing improves customer experience and results in a strong brand with satisfied customers.

Scale Your Business
Sep 9, 2022 by Debarshi Chakrabarti

1 min read

Managing Inventory The Smart Way – FIFO Method

August 30, 2022 by Debarshi Chakrabarti - 1 min read

With advancements in technology and order fulfillment over the years, it’s no doubt that inventory management has become more accessible across the ecommerce landscape. One method that has stood the test of time is the FIFO method. The First In First Out method is a systematic way in which the goods and products that enter the inventory first are sold first. 

Since this method follows the natural flow of the inventory, businesses find it easier and more effective than other methods like LIFO (Last In First Out), FILO (First In Last Out), FEFO (First Expired First Out) & FMFO (First Manufactured First Out). However, the inventory management method depends on the type of industry or goods sold. But the FIFO method is easy to understand, accepted, and trusted universally. Hence the ease of operations and feasibility make this method the preferred inventory management system. 

First In First Out (FIFO) Method
Aug 30, 2022 by Debarshi Chakrabarti