Sunday, 16 August 2015

Do 3PL Companies Help the FMCG Market?

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. ...

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...