Current & Waves

The warehousing industry is observing major changes in recent years. To mention few are as- The industry structure is transforming from fragmented and unorganized players to large organized players. The industry is observing great transformation in working from just storing to planning and executing the supply chain up to the end user. Increasing institutional investor participation in the sector. Implementation of automation   and smart warehousing solutions in warehouse operations. Sharing data and space from other players in the field. New R&D is being carried out to reduce the operational cost and increase the efficiency of warehousing activities. Government is also realizing the importance of the sector and has started to acknowledge the efforts put by the industry.   Apart from these innovation or trend few new process and technique are being used by the industry which in coming days will surely put it among the most organized sector. One such proce...

I was into a project regarding storage and supply chain . The primary data we needed was to know the movement of commodities and requirement of space. Warehouses are supposed to be the loci in the supply chain, so we started with warehouses.  To know the supply chain better and requirement of storage space we contacted warehouses for data pertaining to it. Only one of 3 warehouses were able to map the movement plan in last 5 years. Most of the warehouses ended up in saying they do not map the requirement of space or movement plans. Data is a backbone for any research so ultimately the research could not be carried out. This incident made us to learn - 1. The warehouses in India has not changed for last 60 years when it comes to operation. 2. Maintenance of records are also on the same track. 3. There is lack of making system efficient through vertical and horizontal field co-ordination. An update and upgrade of working of warehouses is required so that data management should get ea...