Warehousing and Logistics Sector Trends and Innovations in 2022

Warehousing and Logistics Trends for 2022

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Warehousing and Logistics Trends for 2022

Warehousing and Logistics

Post Date/Time:- 26 Feb 2022 at 17:02:12

Warehousing and Logistics Sector Trends and Innovations in 2022
The pandemic has affected badly the international trade and businesses. Thanks to the aggressive e-commerce growth which consistently led the domestic supply chain for essential goods and services by the result of which, the domestic warehousing and logistics sector is consistently floating.
According to various reports, market experts have estimated that the Indian Logistics and Warehousing sector is all set to cross the mark of 35% growth by the end of (FY) 2021. The figures have proven the earlier estimate of 25% growth wrong and this is just a beginning that has astonished everyone with the fastest recovery from the COVID aftermath.

A Strong Infrastructural Pillar in the Country's Growth Narrative
The Indian Warehousing and Logistics sector has overcome the adverse effects of the pandemic and the lockdown period. This situation has provided the industry to test its ability and learn the way to keep the supply chain functioning for essential items even in the worst conditions. Over time and with experience, the top 3PL Logistics companies in India have become agile enough to adapt to changes and come back more efficiently to face major challenges in the coming future. The industry is receiving different types of motivational energies via positive government policies, international trade environment, etc. Possibilities to become one of the top manufacturing hubs across the globe are consistently increasing in India and the domestic warehousing and logistics sector is all set to become a strong and competitive infrastructure pillar in the nation's growth narrative. Unlimited opportunities of skyrocketing growth in 2022 for this industry can still be clearly noticed.

Major Areas that will drive this growth in 2022

1. Robust Cold Chain Network

According to Cold Chain market research, the Indian Cold Chain Industry is estimated to grow at a CAGR of 18-20 percent during the period 2017-22. The demands are still growing for warehousing and logistics services and cold chain logistics will surpass all the estimated goals of growth set previously in the next five years.

Meat, seafood, and bio-pharmaceuticals are the major segments that are creating additional demand opportunities and are exploring new markets for organized players to take the level of this industry up to new heights of success.

2. E-commerce Boom

The Amazon effect is widely popular and has become a known identity for the growth of e-commerce. The digital marketplace phenomenon has completely changed the nature of retail and consumer behavior. E-commerce is consistently representing a massive growth in its share of the retail market which is growing year-over-year. The exponential growth is rapidly creating a huge increase in demands and to manage the increased volume and delivery expectations, e-commerce giants are making alliances with the best logistics companies in India. Warehousing and Distribution services providers and logistics partners are also proving the best medium in providing guidance to remain competitive and successful amidst industrial changes.

3. Growing Investments

Only Q2 reports of 2021 are enough to astonish everyone. These reports state that the Indian Warehousing industry has attracted a record of INR 5,500 crore from investors during this period only. Due to this flurry of investments, this has become the most active quarter for the sector in the last five years.

The robust growth of tech-enabled warehouses is consistently attracting investors as they always look to make profits and the warehousing real estate assure safer returns with 100% FDI and other beneficial opportunities.

4. Expansion in the Manufacturing Sector

Innovations, technological advancements, modifications have made the manufacturing sector more effective and productive. These factors have raised the level of production and with increasing demands, the requirements to store products and to keep the consistent flow of inventory, businesses have shown more dependency on the warehousing sector. Grade A logistics partners serve the business purpose and suggest the right strategies to gain control over various business operations and get over the challenges.

5. Innovations in Autonomous Machines

Automatic Guided Vehicles are keeping inventory management hubs effective and efficient. The use of robotics is increasing human efficiency and reducing errors in different operations. The results obtained through this can be noticed in the form of untold multiplications of work output. Autonomous innovations are undoubtedly turning warehouses into more-efficient tech-enabled spaces for storage.

6. Cloud Computing

Earlier, warehouses were just places to store goods and little else but now with the rise of a global supply chain, it becomes essential to stay connected to every link of the entire supply chain network. Cloud computing and other important applications have made all the operations well-connected with seamless methods like barcode scan, database change, reorder and more.

7. Flexibility in Agreements

The lockdown period has learnt the lesson of spending every single penny under scrutiny to every business. During the pandemic, it became important for warehouse occupiers to minimize the cost and on other hand, warehouse management companies in India needed the cash flow to continue. To adopt changes and modifications in agreements became necessary to continue businesses. Warehouse and distribution centres that have offered maximum adaptability and flexibility in their plans were succeeded in the mission. Even in the future, there may be more unpredictable events and hence, major warehousing and logistics companies will now need to focus more on how to best utilize space and manage expenses to lower down costs to provide better results to their clients.


The business of Warehousing and Logistics is extremely complex though is a significant factor to raise the bar of the Indian economy. By 2022, the above-mentioned trends will nourish the future of this industry and by applying the right strategies, innovations, modifications and latest gadgets, Warehousing Express is all set to go up a few notches in the list of leading Warehousing and Logistics Companies in India. Equipped with best-in-class digital tools, our experts are ready to offer world-class warehousing and logistics services and have enough knowledge and experience to handle pressure situations in all types of industries.



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STRATEGY FOR YOUR ONLINE STORE
18 Apr 2022

Choosing The Best Shipping Strategy For Your Online Store

It won't be an understatement to state that the success of an online retail business relies on fast and secure delivery. One of the most significant things to consider for your online store is how you will materialize the smooth delivery of your products. Getting your e-commerce delivery strategy just right can directly impact your customer relationships. As a result, determining the best and most appropriate strategy is absolutely essential. It can certainly make or break your business! Most customers would like to have their products delivered as quickly as possible and don't want to pay higher shipping charges. The right shipment strategy can drive you more and more sales while offering a positive customer experience.

In this particular blog post, we will outline the best E-Commerce delivery strategy for your online store! Without further ado, let's get started!

The Shipping Process

In recent times, e-commerce delivery strategy and cheapest shipping for e-commerce stores is becoming more pertinent than ever before. The shipping process for online stores includes everything from receiving and processing an order, to picking, packing, and delivering to the customer's doorstep. A reliable shipment process ensures that the parcel is not only delivered on time to the customer, but also that it is not damaged during the transportation.

Best Practices And Strategies For Shipping

Initially, you might feel overwhelmed by all of the choices, but don't worry; we will go through each one properly. Most of these delivery options are combined into a comprehensive shipment strategy that works for every online store. Keep in mind that you will need a shipping strategy that benefits everyone.

1. Offering Free Delivery

Free Delivery is a sure-fire way to catch the attention of your buyers. Putting 'Free Shipping' on your website might provide a strong marketing edge over competitors who do not offer the same perk. You can also offer free shipping on a minimum order value.

Potential Benefits

• It is simple to explain to buyers.
• It fulfills customers 'expectations.
• It has a beneficial effect on conversion rates for buyers that make it to the end of your sales funnel.

It is essential to note that, although the free shipment process is a perk for your customers, it isn't for you.

2. Offering Live Rates

If you don't want to offer free shipment, then another option for e-commerce shipping is to offer real-time carrier prices. Customers can choose from a variety of choices, such as same-day, next-day, or normal second-class delivery, and pay for the service they prefer. This option puts the customers in authority, allowing them to select the option that matches their needs the best.

Potential Benefits

• By asking exactly whatever the carrier would charge you, you're providing the most cost- effective delivery option.
• You can typically offer substantially lower shipment charges than your competitors.


Pro tip- To ensure smooth and timely delivery, stores can collaborate with the best shipping partners for e-commerce.

3. Offer In-Store/ Local Pickups

Providing free in-store pickups can be a win-win situation for you and your consumers if you have multiple outlets or a strong local business. This is a well-known strategy employed by e-commerce stores that also have offline stores.

Perks

• Customers can save shipment expenses and period of waiting.

4.Same-Day Delivery Option

Same-day delivery is essentially what it sounds like, but executing it is far more difficult than defining it. Serving your consumers with the same day delivery necessitates fine-tuned logistics operations and ample resources.

Perks

• Gives you a competitive edge.
• Increases your conversion rate.

5. Outsourcing Shipping to a 3PL (Third Party Logistics Provider

This is perhaps the best option and e-commerce delivery strategy! A 3PL can handle all of your distribution, logistics, and fulfillment needs. They offer the cheapest shipping for e-commerce stores. They surely provide an out-of-box experience by delivering your products efficiently, timely and safely. Outsourcing logistics to a third-party logistics provider can help to reduce costs, gain access to state-of-the-art technology, and enhance scalability, efficiency, and service quality.

Warehousing Express, a leading third party logistics provider is one of the best shipping partners for e-commerce stores. You can store your inventory in their warehouse; they can automate the shipment of your orders. Their cutting-edge in-house application provides users with more options and quicker delivery of products. WELPL comes with everything you will need to set up a shipping strategy for your online store and products.

Bottom Line

Undeniably, Shipping is one of the most significant operations that has a direct bearing on the success of your business. Simply put, delivery services are an excellent way for an e-commerce business to establish credibility. By outsourcing your logistics operations to a third party logistics provider, you can provide fast delivery to your customers. Hiring a third-party logistics provider that specializes in fast delivery can translate to great savings. Furthermore, the key to implementing a successful strategy is to strike a balance between your business' and consumers' needs. As a result, choose a shipping option that is both lucrative to your customers and practical for your business.




Chennai Corporation
30 Mar 2022

Chennai has become a key warehousing hub?

Chennai is a key industrial and commercial center primarily because of its port accessibility and strategic position. According to the Chennai Corporation, the capital city of Tamil Nadu has 15,000 licensed enterprises and factories, making it the leading industrial and commercial hub in Southern India.

Undeniably, Chennai is rapidly emerging as a prominent warehousing and logistics hub of the country. Furthermore, the Automobile and E-commerce sectors have seen tremendous expansion in this region. Several factors have contributed to an increase in demand for a warehouse in Chennai and its neighboring areas. The necessity of warehousing operations to store products is becoming incredibly important as business organizations embrace globalized supply chains.

In this blog post, we look at the reasons for the city's rapid growth and its future possibilities.

Manufacturing hub-

The city has long been regarded as one of the country's major trade and commercial centers. It was once known as a textile hub, but it has now grown into one of the most important manufacturing centers, particularly for automobiles. The city produces 30 ppeof the country's automobiles and 40 percent of all auto components. This city contributes significantly to India's leather exports and has seen a significant increase in the leather industry in recent years. Furthermore, leading electronics companies such as Samsung, Dell have built manufacturing clusters in this region, and the government has invested $26 million in the development of an IT park in Chennai. There are plans to establish more and more Industrial and Logistics Parks in India.

The city is a host to several companies and industrial sectors. This, in turn, has resulted in increased demand for warehousing and logistics facilities and services.

Infrastructural facilities and strategic location-
The city is well-connected by various transportation modes and offers easy access to business enterprises. The metropolitan area is located in one of the government's two industrial zones. Furthermore, the Seaport serves as a major hub for exports and imports. This has inevitably resulted in a significant demand for warehousing and logistics services. There are significant levels of exports and manufacturing services scattered around the city. Another benefit of this warehouse cluster is the availability of a large workforce, both trained and untrained. Chennai is a hotspot for state-of-the-art and Tech-enabled warehouses.

The city not only has the proper location, but it also has a qualified workforce and facilities to meet the increasing demands of businesses. Chennai's growth as a logistics hub has sparked the interest of investors.

Emergence as a warehousing hub-

With the logistics and warehousing industry growing rapidly, Chennai, which has developed as a key warehousing hub, is the focus.

As per the Knight Frank India Warehousing Market Report, Chennai observed leasing of over 3.4 million sq ft in 2020, with the manufacturing industry accounting for roughly 53% of all transactions. Further, the report states that the city's warehouse stock has the potential to increase from 24 million sq ft to 49 million sq ft. in the near future. The government's persistent efforts to establish a multi-modal logistics park in Chennai and other cities of India has increased the logistics sector's efficiency by huge leaps. The establishment of manufacturing clusters will be facilitated by the setting up of new corridors, which will connect them to seaports and consumption hubs via highways, trains, and waterways. Furthermore, several logistics parks near Chennai are also getting established to increase growth prospects.

Bottom line-

All the aforementioned reasons have boosted confidence in Chennai as a warehouse hub, particularly in the Sriperumbudur-Oragadam cluster, which has seen a major increase in demand. In all likelihood, the future looks bright for Chennai and its surrounding areas, which will aid in re-establishing the country's economic growth trajectory.


e-commerce boom demands changes
16 Feb 2022

E-commerce Boom Demands Changes in the Warehousing & Logistics Industry

E-commerce Boom Demands Efficient Processes and Changes in the Warehousing & Logistics Industry

The buying behavior and expectations of consumers have been changed quite positively with the rise of e-commerce. The factor of the digital marketplace phenomenon has played an important role in changing consumer shopping habits. Now consumers can shop from anywhere and enjoy some advantages including:

  1. Can discover a wide range of products
  2. Can locate new products and compare prices
  3. Can compare pros and cons
  4. Can create and manage shopping lists
  5. Can review their purchases

With increased expectations of consumers including faster delivery and competitive prices, there are bigger challenges for warehouses and distribution centers to remain ahead with future-proof systems. The demand today for the industry is to adopt smart technology. For example, an efficient warehouse in Gurgaon is dealing with a cluster-picking strategy, a cost-efficient method to decrease labor and sustain profitability.

What do Consumers Expect from logistics and supply chain leaders?

1.Personalization

It is all about forming a personal bond with the customer. Sharing messages and other important data with your consumers make your brand more valuable. Today, we have advanced technology and there are different types of strategies that a supply chain provider can follow to personalize everything so that a brand can go beyond advertising and research more on consumer behavior.

2.Quality

This is the biggest factor for which any consumer stays with a particular brand or finds its replacement. Maintaining quality is a relevant strategy to remain competitive and a top logistics company in Bangalore knows exactly how well the consumers appreciate quality over all other factors.

3.Low Prices Fast Delivery

Next-day delivery, free shipping etc. are some attractive strategies that consumers like the most today. Consumers' shipping requirements have been changed a lot due to competitiveness in the market and the availability of choices. Therefore, the customer today is highly smart and he always looks for the best prices for top brands and products and also expects super-speed delivery.

How Warehouse and Logistics Leaders can rise to the current eCommerce challenges?

1.Micro-Fulfillment Centers

These are fulfillment points that fill the lack of retail locations and make same-day delivery and other assessments smooth, hassle-free even if there are thousands of urgent orders in a particular area.

2.Third-Party Logistics Integrations

By choosing a 3PL provider, it becomes easy for supply chain providers to deploy inventory quickly. This is also an effective way to take access to goods and make every node visible.

3.Improve Operations

Improvements are extremely necessary for all Warehouse and Logistics leaders to remain competitive today. Perform the required strategies to keep distribution and fulfillment centers working effectively. It is important to upstream different opportunities across the major delivery models to keep your entire supply chain management up-to-date.

It is important for a reputed 3PL Warehousing and Logistics service provider to understand the challenges faced by businesses in today's scenarios. For businesses looking for a warehouse for rent in Mumbai, it is important to consider some kick start things that bring your business into high gear. Companies like Warehousing Express that are acquiring future innovations and growth perspectives are receiving significant results and are also retaining top spots among the best logistics and supply chain providers in the nation today.


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