The advent of e-commerce in India has revolutionized the approach towards running a business for best customer satisfaction and at scale. From fashion to travel, from utility to luxury, from e-wallets to e-cabs everything is available at a click or a press. This ease and accessibility is accelerating the consumers shift in the socio-economic ladder making on-line shopping a preferred means of shopping due to its convenience and wider options.
E-commerce has seen an unprecedented growth and this trend is likely to boom in the coming years with the advent of mobile commerce. Consumers today are purchasing nearly everything online, from antiques to furnishings and grocery to electronics. Gone are those days when the retailers used to directly source goods from suppliers and manufacturers. Today, there are e-commerce fulfilment distribution centres for distributing the products..
In order to grow, one needs to build sturdy partnerships. The building blocks of a great company are often laid across paths beyond the company’s immediate scope. As Gati grew from its initial years, like most other companies, it started to get into various partnerships and collaborations. Here is a look at Gati’s key collaborations and partnerships.
Logistic is a dynamic industry involving planning and preparing resources. Software for key categories like freighting, inventory management, transportation and storage are critical for automating manual processes, boosting data entry and online tracking.
To meet the needs of India’s growing and varied logistics industry, the warehousing industry in the country has used private, public, government, co-operative as well as multiple other types of warehouses. Research about future trends, however, suggests that warehouses will become avant-garde, state-of-the-art and will help in the growth India’s growing logistics industry.
Cloud computing, has been changing the operating model for almost all the industries in recent years. The initial doubts about security have been addressed now and with technologies that are much advanced than they were a few years ago, every industry from ecommerce to healthcare to high-end robotic automation, are increasingly leveraging the benefits of the cloud. Any logistics unit worth its salt also needs to keep a tab on the millions of transactions that happen at any given period of time. This is where the importance of the cloud comes to the fore.
A perceptive, well-thought out quote .An e-commerce firm can become India.s largest retailer by 2015.. by Mr. Vishal Mehta, CEO, Infibeam definitely heralds the arrival of the undeniable sway, influence and presence of the ecommerce industry in India.
Globally, Asia is expected to have outdone North America in 2014 as the biggest e-commerce marketplace. The figures cannot be more promising, by 2017, it is likely that Asian e-commerce sales would peak $1 trillion or about 20% more than North America.
In recent times the logistics industry has gone through a paradigm shift. The demand for fast and seamless delivery between different physical points have increased manifold and to meet these new demands the approach to the practices of logistics, distribution, and delivery has changed.
In a country as large as India different regions have different weather conditions ranging from excessive heat to hailstorms to freezing conditions. For instance, the harsh summers in the south are in stark contrast to the freezing cold of the Himalayas in the north and north-eastern parts of the country. The rain and humidity of the east would be the opposite of extremely dry heat in the desert areas of the west. All these can have severe effect upon the movement of goods when they are in transit.