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Showing posts from January, 2023

What is the difference between Charity & Philanthropy?

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  The major difference between charity and philanthropy is that charity is more perceived as being an emotional, immediate response whereas philanthropy is more strategic and built on rebuilding. On a similar note, Charity aims at relieving the pain of a particular social problem whereas Philanthropy focuses on addressing the root causes of the problem. An excellent example of charity would be the distribution of painkillers to malaria-affected patients. On the other hand, in the same scenario, a philanthropic organization would sponsor the education of the people in the affected areas and support medical research teams in finding a cure for malaria. Charity is giving, whereas Philanthropy is acting and changing a system for a better world. The best way to describe the difference between charity and philanthropy is by using a very common phrase, "Give a man a fish, you feed him for a day. Teach a man to fish, you feed him for a lifetime". Here is a list of the top five Charit...

Top Things to Look for in a Warehouse for Rent by a 3PL service provider

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  Getting a warehouse for lease is necessary, as it can save you space and the costs that you would have to pay for having your own storage space for stuffs to be sold in the future, or would be needed for manufacturing and production processes. Know about some of the most important things that you have to look for, while choosing a warehouse for rent by a 3PL service provider Insurance The onus of insurance lies with you to purchase some insurance for your belongings, which can keep them covered against any type of loss. When your belongings are properly insured, these can be covered during transportation or storage, and will always be safe and secured. Many storage companies can also offer insurance, and you have to check whether your warehouse service provider offers the same. Type of refrigeration equipment on offer If you are trying to hire a cold store for rent,You need to check the temperature range of the cold storage, value added service,type of products being stored.The s...

Important Factors to consider while selecting a warehouse for rent

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  Warehouse or godown leasing is a very strategic decision which controls your entire supply chain. This decision will have an effect on overall efficiency of the distribution process. Many factors will influence your decision. We have given a comprehensive list which needs to be considered before finalizing your warehouse or godown for rent. Location: This is very important to be near to your customer and logistically viable. Zone: You need to enquire about zones whether warehousing activity is permitted and products to be handled are safe to be handled in the said area. Type of property: This will depend upon the product you are going to handle and your height requirement. Normally with RCC the maximum height you can get is 16 ft and with shed 24-50 ft depending upon project. Property Title: Title of the property and whether it is authorized along with all necessary government approvals in place. Passage Adequacy: This is for the vehicles which will be ferrying around whether the...

Warehouse In Bhiwandi? An informed decision.

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  Bhiwandi is one of Asia's biggest warehousing hubs.It is a major contributor to the logistic landscape of Mumbai and India due to close proximity to Nhava Seva port of Mumbai and servicing Mumbai ,India’s financial capital. Bhiwandi is 40 KM from Mumbai and it easily services both south and north Mumbai with equal ease. Warehousing in Bhiwandi has predominantly been unorganised with major inventory contributed by locals developing compounds with developers .These compounds range from 1500 sq. ft. to 50,000 sq ft.There has been lot of illegal construction around Bhiwandi and FSI violation thereby prompting local authority to undertake demolition drive .These facilities can be categorised as B,C grade facilities with a mix of factories and warehousing.E-commerce boom has demanded need of Grade A warehouse with state of art facility and thereby leading to development of facility by blues chip investor and big developers.Renaissance Industrial Smart City is one of such project with a...

GST: Impact on Warehousing Industry

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  India is a diverse country. Its diversity can be seen not only in its languages, culture, and religion but also in how products & services are taxed in the country. India has 29 states and 5 union territories with different tax structures and rates. Tax structure had huge impact on deciding where companies need to set up their warehouses. It was not decided based on product market or supply chain optimization but to minimize the tax incurred in moving the products across different states. Moving product from one state to another was like moving it from one country to another But introduction of "Goods & Services Tax" (GST) System has changed rule of the game. There will be one tax across nation and all players will have same level field. This is like bulldozing the boundaries across 36 small fields and merge them to provide one huge global field with immense opportunities for all. We can say that warehousing industry is one of the sectors which will have maximum pos...

Hyderabad: The NEW warehousing Hub of India

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  Hyderabad the “city of Nawabs” is rapidly transforming into a modern metro city while keeping cultural tradition to its heart. Hyderabad is challenging Bengaluru and other Indian metro cities not only in fields of IT/Technology revolution, startups but also transforming into a major Industrial and Logistics Hub. Warehouse leasing in Hyderabad registered 50 percent growth in second part of 2017 and it continued with same pace in first quarter of 2018. Hyderabad now accommodates approx. 15 % of total warehousing space in India. Along with increase in warehousing space there has been consistent appreciation in warehouse rentals. The warehouse rentals have increased almost 7 percent in south Hyderabad compared to last year. Amazon has recently opened its largest fulfillment Centre in Hyderabad and other ecommerce companies are in process of doing the same. Companies such as Jubliant Foods, Asian paints and Procter & Gamble have significantly invested in warehousing in the city. T...

Ecommerce Fulfilment 101: A beginner’s Guide to E-commerce fulfilment

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  For any business, it's very important to reach their customers easily and deliver their products quickly. In the last couple years, customers have started choosing online mediums to buy products over offline channels. This trend was greatly accelerated once Covid struck and is expected to grow exponentially in the next five years. But for a successful e-commerce business, whether it is a small player just starting out or a big player looking to catch on the online trend, it's crucial that it has supportive  e-commerce fulfillment services . What is e-commerce fulfillment ? But before that we need to understand what e-commerce is. For hundreds of years, goods have been sold in a physical marketplace where buyers and sellers meet. But with the capabilities that the internet offers, businesses no longer need to open a physical store to sell their goods or customers don’t need to go to a shop to purchase things that they want. They can buy almost anything they want on just a cli...

REDUCE STIGMA AGAINST LEPROSY ON WORLD LEPROSY DAY

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    Observed on the last Sunday of January, World Leprosy Day was initially started in 1954 by a French philanthropist, Raoul Follereau, in order to create awareness about Leprosy. In India, it is celebrated on 30th January- the death anniversary of Mahatma Gandhi, in order to commemorate his work of reducing the stigma against the afflicted people.    Leprosy is also known as Hansen’s disease, named after Gerhard Henrik Armauer Hansen, the first to identify the bacteria causing Leprosy. It is a long-term bacterial infection that can cause permanent and irreparable damage to nerves, the respiratory tract, skin and eyes. The disease leads to loss of sensation in the affected areas.  The victims of this disease cannot sense pain in the affected areas, which leads to wounds and injuries being left neglected, which in turn can cause long-term health consequences. Symptoms of this disease may include muscle weakness and poor eyesight.      Even though ...

National Girl Child Day

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  We have seen many instances of women being mistreated throughout history in India. Women have historically fought for their rights and social standing. They have repeatedly advocated for equality in order to enjoy lifestyles and careers that are completely similar to those of men. Even after independence, they continue to battle. In the modern environment, many women encounter obstacles such as gender discrimination, sexual harassment and assault education, child marriage, and so on. In India, women are exalted to the status of goddesses. However, the challenges they face demonstrate the reversal of this concept .   On the one hand, they are worshipped as goddesses, but on the other, they are treated horribly and devalued. Many parents chose a boy over a girl because, according to them, sons will carry on with their generation when it comes to gender disparity. Without women, a generation cannot survive. Despite both having equal responsibility for childbirth, neither men no...