TABLE OF CONTENT: What is ABC Costing? Activity-Based Costing (ABC) is a cost accounting method that allocates overhead and indirect costs to products or services based on the specific activities and resources they consume. It identifies cost drivers for each activity and assigns costs proportionally, providing a more accurate picture of true costs compared to […]
TABLE OF CONTENT: Marketplaces have revolutionized the way businesses and customers interact. Whether you're buying a product online, booking a cab, or even hiring a freelancer, you're likely engaging with a marketplace. But what exactly is a marketplace? This blog explores the concept, types of marketplaces in India, their benefits, and how they function. Understanding […]
TABLE OF CONTENT: Logistics is the backbone of modern business, encompassing everything from transportation and storage to managing the flow of goods, information, and services. Effective logistics ensures smooth supply chain operations, reduces costs, and enhances customer satisfaction. However, logistics is not one-size-fits-all; it varies depending on industry needs, business size, and market demands. In […]
TABLE OF CONTENT: Physical distribution plays a crucial role in the overall success of a company's supply chain. It involves the process of moving products from manufacturers to end consumers, ensuring timely delivery, minimizing costs, and maintaining product integrity. Whether it's through warehouses, transportation, or logistics technology, effective physical distribution is a key differentiator for […]
TABLE OF CONTENT: Mumbai, known as the commercial heart of India, is a powerhouse in the country’s logistics and supply chain industry. With its strategic location and access to sea, road, and rail networks, the city serves as a vital hub for businesses looking to streamline their operations. In this bustling environment, Third-Party Logistics (3PL) […]
TABLE OF CONTENT: What is Dropshipping? Dropshipping is a fulfillment method where the retailer doesn’t keep the products they sell in stock. Instead, when an order is placed, the store purchases the item from a third-party supplier who ships it directly to the customer. The retailer never physically handles the product, which eliminates the need […]
TABLE OF CONTENT: Flipkart Big Billion Days 2024 date announcement Flipkart Big Billion Days 2024 starts on 26th September 2024 (Early access) for Flipkart Plus users and 27th September 2024 for everyone. The Flipkart Big Billion Days (BBD) is one of India's largest and most anticipated e-commerce sales events. Launched in 2014, it has grown […]
Table of Content: Navi Mumbai, a satellite city to Mumbai, has rapidly emerged as a significant hub for logistics and supply chain management in India. With its strategic location, well-planned infrastructure, and proximity to major industrial zones, Navi Mumbai offers a unique advantage for logistics companies. This article delves into the logistics landscape of Navi […]
TABLE OF CONTENT: Tamil Nadu, a state in southern India, stands as a vital hub for 3PL logistics and supply chain management due to its strategic location, robust infrastructure, and diverse industrial base. The state's logistics sector has been rapidly evolving, driven by technological advancements and increasing demand for efficient transportation and supply chain solutions. […]
The Logistics Landscape in Mohali Mohali, located in the vibrant region of Punjab, India, has rapidly emerged as a crucial hub for logistics and supply chain management. With its strategic location adjacent to Chandigarh and proximity to major national highways, the city has become a magnet for logistics companies aiming to streamline operations and enhance […]
