In Brief

In India, transportation acts as a benison that caters to economic and social exchanges between states, countries and continents. Transport and logistics are considered to be pivotal means that connect services and people from different places. Concerned businesses run the gamut from dispatch to moving and bringing to large freight operations. In recent years, Transportation has evolved many modern technologies to elaborate the technique and strategies to bring the best of it.

However, somehow few facts always affect transportation. Behind every locked door, there is a hidden story. SIPL is one that unlocks the potential of any business that might be hindered or corrosive. It also brings a lot of opportunities to the new businesses to build their own success stories.  Therefore, uprooting the submerged facts of transportation that are least observed by any businesses.

Problems

Case1

Firstly, Transportation comes with various challenges, one of the biggest challenges is cost reduction. Cost reduction becomes challenging due to a slighter understanding of variable cost and fixed cost separation. Many businesses cut down their main source of income to beat the competitors. This definitely might be an effective solution but in the long run, it is bad practice. This is also a current issue in the international logistics and transport industry.

Cost Cutting

Major Concerns

  1. The Most significant component of cost reduction is the drastic change. This brings a negative impact on the quality, stocks, and productivity;
  2. Another point that influences the drastic change in cost-cutting method is fluctuating labour costs.
  3. Adequate non-skilled labours or employees that are not capable of doing multiple operation or handling different situations;
  4. Distribution cost is also a great factor that effects the cost-cutting;
  5. Inadequate knowledge of order, shipping destination, loss/damage of product and service that are required for the supply are the greatest factors that bisect cost-cutting factor;
  6. No understanding of utilities costs can burn down business savings;
  7. Utilities cost involves the cost of cooling/heat, electricity and other invisible factors that no new business observes.

Case2

Secondly, The logistic sector undoubtedly faces tremendous integrity problems while dealing with the transportation supply chain management. Many Businesses failed to understand the supply chain clarity and visibility. Thus it gives an adverse effect on the transportation supply chain. Let’s roll down to some factors that affect the transportation supply chain.

Understanding hidden cost and analysis

Major Concerns

  1. Failure to monitor prices results in cost instability and this creates blunders in the supply chain;
  2. Not understanding the importance of hidden costs this leads to the poor supply chain;
  3. No connection visibility among the supplier and large enterprises/small businesses;
  4. Not understanding of ordering system, transportation management system, and  other multiple useful software that might bring the clarity and visibility in the business;
  5. Unskilled labours, driver shortage, over stressed staff and lack of management team.

Case-3

Thirdly, Transportation and logistic in India is still in an embryonic stage that suppresses the understanding or need of technology.

Major Concerns

  1. Skill and technology are considered to be deterrents and businesses do not understand its importance;
  2. Following old tradition practices in business is the major fault;
  3. Low efficiency and logistic experience;
  4. No live tracking of vehicle;
  5. Not understanding the privileged of IOT and Data Science/analysis for business;

Our Recommendation

  1. Become immune to one source of transportation, or be flexible with the transportation that benefits you in cost-cutting;
  2. Exploring various opportunities to consolidate the products or shipment;
  3. Cross-training or updating labour skills by providing them with skilled training;
  4. Dealing with the drivers shortage by overcoming or ignoring their minor faults;
  5. Maintaining visibility and overseeing helps to reduce unwanted cost;
  6. Managing and tracking of transits using real-time dashboards and data driven software;
  7. Digital transformation for both large and small business that entails the digital revolution;
  8. Automation of logistics with the help of IOT, DataScience, robotics, autonomous machinery and Analysis.

Shreedayini Industries Private Limited(SIPL) energetically believes in your ideas and thoughts. therefore, we work hand to hand to launch your business by hassling all issues that can put you far from your dream business. To establish your prescribed business model we consult you with the facts that reduce the challenges and stress for you. We act as a federal agent between you and the government by assisting you with government policies.

Not only but also Shreedayini Industries Private Limited(SIPL) provides training for skilled/unskilled labours and cost reduction techniques. While dealing in the technology Shreedayini Industries Private Limited(SIPL) fulfils your demand by filling the hollow gap in the business. Hurdle and provocation are always there in any business thus we act as an escutcheon to ease your business. Our dream is to make your clean and clear for smooth rides.

Leave a Reply

Your email address will not be published. Required fields are marked *