Abstract

continuously 2020. The Indian government has made a declaration that it is working at the approach to build up the new logistics plan in India. The point is to build up the most prudent approach to transport products by 2035.
 As we know logistics is a highly diverse gambit consisting many factors and variables, we decided to focus on Trucking segment of logistics in Mumbai region. Mumbai is a city in Maharashtra, India. To know more about the market and its potential we needed to know more about the transporters and manufacturing industries in Mumbai. As transporters in Mumbai can get us about the idea of logistical truck movements inside and outside Mumbai, and the manufacturing industries can suggest us about which type of trucks are required by them according to the raw materials they need or the final products they distribute. Apart from the logistic movement in and out of Mumbai, we also tried to capture the openness of transporter to sign up for e-logistic service provider and try to expand their business by adding a technological aspect to it.
 Research contains detailed and verified information of 57 transporters and on all possible combination of types of trucks provided by transporter and their operational routes. Also, we have recognized total of 125 Manufacturing companies from various industries, having one or more plant in or around Mumbai. Also, we classified the 125 companies into 15 Industries These companies have some raw material movements into Mumbai and some finish goods movement from Mumbai to various parts of India.
 By analyzing the collected data, we found out which type of truck have how much demand on which route. Also, we could figure out the willingness of transporter to work in collaboration with e-logistics company

Highlights

  • The logistics market is one of the booming industries of this era, accounting for 9.6 trillion in 2018, according to research and consulting firm Armstrong and associates

  • Logistics Industry plays a vital role in supply chain management and has a direct impact on product cost

  • Digitalized recording and measuring is the first step towards improving the logistics industry

Read more

Summary

Introduction

The logistics market is one of the booming industries of this era, accounting for 9.6 trillion in 2018, according to research and consulting firm Armstrong and associates. Despite the high importance of this sector, major chunk of it is still unorganized Organizing this sector is a great opportunity to improve the profitability for customers, industries as well as transporters. In this era of digital world, majority of logistics industry is still working on old aged conventions and has a necessity to upgrade their techniques. A research about supply-chain domain was conducted in order to know more about logistics of transporters and industries in Mumbai region. Research started from understanding the basics of logistics sector and building up of a database, insights of both the transporters and industries in Mumbai region. Further making interpretations from the collected inputs by analyzing the collected data

Objectives
Methods
Results
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.