Which business does not want a competitive edge in the market? But finding a differentiating factor in a world saturated with similar products becomes tough. That’s when businesses are making a smart choice of looking for an excellent contract logistics partner to enhance their service to end consumers and give them the edge of advantage they are looking for.
Global research suggests that 57% companies believe that supply chain management gives them a competitive edge in the global market and 70% believe that supply chains are a key driver for quality customer service.
Further, the global supply chain market is expected to experience a CAGR of 11.2% from 2021 to 2028, which is an increase from a market value of $120.70 billion in 2021 to a predicted $261.89 billion.
This trend is understandable considering that more and more businesses are discovering the benefits of contract logistics. And helping them leverage the tremendous growth opportunities are expert solution providers like Allcargo Logistics, who understand the nuances of both, global and domestic business supply chain requirements.
The e-commerce revolution
With e-commerce revolutionising the dynamics of the market place, contract logistics becomes more important than ever. Today, businesses are competing with the logistics offerings of the titans of e-commerce who offer same day delivery, and even free delivery at times. However, making such fabulous offerings would require a greater cost-reducing ability. This is where contract logistics is of exceptional value to customers.
As per a report by Ken Research, India’s e-commerce logistics industry is expected to touch INT 492.4 billion by 2025. What’s more is that a high proportion of this demand will come from tier-2 towns owing to the increase in use of smartphones and investments in digital channels in Indian languages that will fuel online purchases. What will be key to success for businesses, is a contract logistics services provider with end-to-end supply chain expertise and extensive reach right into the hinterlands of the country.
By fortifying their coverage in 735 of India’s 739 districts, market leaders like Allcargo Logistics and Gati-KWE have been collaborating to enhance capabilities and help multinationals as well as SMEs ride the e-commerce growth wave.
Reducing costs, optimising efficiency
With a solution-driven approach, a competent contract logistics player will look to optimise the entire supply chain to increase efficiency and reduce cost, enabling businesses to not only reduce overhead costs by saving resources but also focus on augmenting their bottom-line. The enhanced efficiency and lower costs can then be cascaded down to the customer – something they are sure to appreciate, ensuring their loyalty.
The world over, the pandemic has only driven home the significance of contract logistics providers, for with their expertise they could keep the economy running and could continue operations even though all else had shut down.
Providing world-class contract logistics services
With millennials taking to start-up culture, more and more businesses are increasingly turning to contract logistics experts like Allcargo Logistics, who can offer digital, agile and resilient supply chain solutions.
The global logistics conglomerate’s contract logistics division is known to offer seamless, end-to-end contract logistics and 3PL solutions services with specializations for the automotive, chemical, pharmaceutical, food, e-commerce and fashion and retail sectors. With a focus on exploring the potential of automation, Artificial Intelligence, machine learning and other cutting edge technologies, the processes are designed by supply chain experts with an innate understanding of even the most complex supply chains.
Plus, businesses can also leverage the additional capabilities of the group for first and last mile deliveries across a nationwide coverage spanning more than 19,800 PIN Codes, domestic and international air shipments, CFS services, and ocean freight services across 2400 direct global trade lanes and 180 countries.
With a supply chain specialist, businesses get the privilege of having end-to-end logistics solutions, and warehousing services, from ordering to dispatching of services, packaging, coordination with couriers, invoicing, reverse logistics and more.
An effective contract logistics solution, the kind offered by Allcargo Logistics, offers flexibility, driving businesses to gain maximum efficiency enabling one to adapt to changing market strategies and growing customer demands.