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The rapid growth of the Indian economy has resulted in a significant rise in the volume of tangible physical goods exchange across the globe. Logistics & Supply Chain Management in the country like India carries a great importance in making the production meet the consumption. Logistics costs account for around 6-10 percent of average retail prices in India as against the global average of 4-5 percent. Therefore, there is an immense scope to improve margins by 3-5 percent by improving the efficiency of the supply chain and logistics processes. The growth path also places a great demand on the sector to provide the solutions required for supporting future growth in this area. The SCM industry had been slow in technology adoption for a long time. But with the changing times and requirements, the CIOs are now paying serious attention to use of RFID, vehicle tracking technologies, warehouse management systems and so forth and are under pressure to establish a strategic linking between IT and domain requirement needs. Progress in this sector is dependent on a certain level of standardization which can only be brought in by the right solution providers in this field. With an intention to address the crucial need of CIOs to find the ideal solutions and services providers, CIOReview identifies “20 Most Promising Logistics & Supply Chain Management Companies in India”. A distinguished panel of the industry’s topmost CEOs, CIOs and analysts including CIOReview’s editorial board scrutinized the list of Logistics and SCM companies. The list intends to help you chose the company that suits your specific requirement and help your enterprises to realize greater efficiency and RoI.
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20 Most Promising Logistics & Supply Chain Management Companies in India
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