Changing Face Of Supply Chain in India !!

Over the last decade with resounding developments in the supply chain industry and warehousing and how they have compounded with the industrial real estate sector has spoken volumes about how far this sector has traversed. In order to improvise upon the sector and to make it function better, plans have been formulated to cut on the excess flab in the chain or the stock. Supply chain India is now constantly evolving to adapt to the dynamic environment of e-commerce and Just in time production and delivery.

Supply Chain India is now being seen as a way to generate more revenue by providing better customer service, better access and an unparalleled consumer experience.  But what does it say about the Industrial real estate developers in specific? And the warehouses? Does it mean that the real estate developers need to refurbish their techniques? Or that the warehouses have revamped themselves by expanding to multi tier networks?

Maybe Yes !! Warehouses have ceased to be just a stocking point. They have proliferated to become consolidated centers for multiple sourcing locations and a cross docking center for retail distribution. The idea is to speed up the process of handling a vast amount of minor transactions. This way, there will be fewer warehouses but each will be faster and more technologically advanced- bigger and better.

A mature supply chain sees itself not as a cost center but as a profit center. And that is exactly what a Supply chain in India is striving to achieve. Also, logistics is the essential key holding customer satisfaction and delivery of services together.

A better supply chain management process requires better processes, technology, equipment, infrastructure and a trained workforce to ride along the journey to become the greatest and most functional supply chains in India.