Factors That Drive Supply Chains And Logistics

Warehousing is and has always been the backbone of commodity industry and a key factor in its growth. The general purpose of a warehouse is to serve as a junction or a terminal of the supply chain. Warehouses have been a part of commercial businesses since the advent of industrial revolution in the 19th century. With the growing technology, storage has become much more improved in the last few decades and can be technically used to stock any kind of product. 

The supply chain in India is a huge network of various storages, warehouses, and transportation. The variety of terrains and presence of people in even the remotest of locations drives the industry to be on the top of its game. Now with the rise of E-commerce and the promise of quickest delivery by every logistics company has made the warehouse India a field of tough competition. 

To be a successful business in today’s world one needs to have a strong supply chain model. It depends on the type of commodity which is involved and also whether the chain connects a business to business, business to customer or is an integration of both. With growing globalization and challenges in fields of environmental sustainability, Information Technology and total supply chain evolution is being brought strategies, roles, and responsibilities of warehouses. 

Warehouses have to be technically equipped with cranes and forklifts in order to lift and move heavy objects for loading, unloading or rearrangement. 

Packing: The goods are picked, checked, labeled and packed for transport at warehouses. These are the functions more frequently served in the godowns of E-Commerce companies.   

Railways: Railways are a major means of transportation throughout India, connecting almost every corner of the country. Railway loading and unloading godowns and warehouses can be found at almost every major junction in the country. Also, large steel and coal industries have their own warehousing which with the help and support of Indian Railways are able to create their own supply chain in India.

Export: There are numerous warehouses made just for the export goods from where overseas transportation of commodities is easier either through seaways or airways. These are often located on larger ports or major airports. These are places where the overseas clients can visit to have verification and transaction.

Cold Storage: Cold storages or cool warehouses are places where goods which require resistance to heat, and insect damage are stored. The cold storages are generally used for storage of food and medicinal items. The older cold storages have been used by the Food Corporation of India since long. Now with the advancement of technology, E-commerce and pharmaceutical industry, logistics parks in India have come up with bigger significance. 

Location: The location of junctions, the delivery points, and transport route create a network that determines the time factor between demand and supply. The Infrastructure of the location of warehouses and the means of transportation and their routes decide the timeline of the supply chain.

Design and modelling: Key mathematical figures and algorithms are banked upon for bringing out the optimal model for creating the supply chain.

Measurements and Analytics: The figures from prior and current results are used to predict the future results and establish a data interpretation for modelling. 

Information Technology requirements: Short-term forecasts provide information to determine labor and space requirements over a short-term planning horizon. Additional functionality may allow us to use the handheld devices and barcoding to optimize efficiency and error reduction. 

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