Andhra Loyola College

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Andhra Loyola College

(AUTONOMOUS)
“A COLLEGE WITH POTENTIAL FOR EXCELLENCE” -UGC 
 “RE-ACCREDITED AT “A+” GRADE WITH 3.66/4.00 POINTS” -NAAC
AWARDED ALL INDIA 34thRANK BY NIRF, MHRD, GOVT. OF INDIA

Logistics

Logistics: The ride gets better with GST

Logistics is the back bone of Indian industry, especially for manufacturing and e-commerce industry. Logistics includes movement and storage of goods, flow of information and value added services etc. The main functions of logistics involve transportation, warehousing, inventory management, order processing, packaging, outsourcing, and material handling. Indian logistics industry can be divided into four segments: …

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Supply Chain Management – key towards the future

Oxford dictionary defines Logistics as the detailed organization and implementation of a complex operation. Traditional logistics focuses its attention on activities such as procurement, distribution, maintenance and inventory management. Origin The term Logistics has a military origin. It was associated with the movement of troops and their supplies in the battlefield. As time passed by, …

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Infrastructure Status For Logistics Industry – Background, Benefits & Needed Improvements

On 21-Nov-2017, Government of India declared that Logistics companies shall be part of India’s infrastructure. What are the implications of this grand announcement? Background According to the 3-sector macroeconomic theory, the GDP of a nation comprises 3 levels of wealth-creation: Primary—“Extraction”—hunting, gathering & cultivating raw materials that can or cannot be consumed directly. E.g. Agriculture, …

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