Fast moving consumer goods (FMCG) are goods that are
sold quickly at low cost. These are mostly edible and consumable
products whose shelf life is very less. On the contrary these products
have huge consumer demand in the market as they can deteriorate if left
on the shelf for long without proper care. Despite the profit margin
being very less, these products are always sold in bulk hence they add
to the cumulative profit for the seller. Thus FMCG market involves
keeping huge stocks of items as they are always traded in high volumes.
...
Sunday, 16 August 2015
What are the Advantages of Working in Unison with a Third Party Logistics Company?
Business is a congregation of many resources.
Acquiring raw materials, processing them into finished products and
delivering them on time duly to the customers need a large amount of
planning and organization. When the business infrastructure is huge, it
becomes difficult to manage everything under one roof. Loosening up a
bit, there are some portions of the business that can be managed
efficiently by outsourcing the same to a third party. This third party
logistic partner can manage the supply chain management for the entire
business...
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