“Indian warehousing is going through a transformation,” says, Sandeep Chadha, Partner & Managing Director of Pragati Warehouster. He continues, “With close to 90 per cent of warehousing falling in unorganised category, there are opportunities galore. There is an unprecedented demand for superior Grade-A warehouses from across the industries led by e-commerce. With the onslaught of technology, and favourable tax regime, opportunities are there to scale the operations on a multi-location basis and provide state-of-the-art and globally compliant warehouses.
The new normal essentially is incorporating the latest developments. For example, warehouse labour shortages have long been a thorn in global supply chains, but a new web application developed for innovative organisations could soon change that. A host of issues may force warehouse operations to slow down or grind to a halt, but perhaps the most disruptive of all is dealing with a shortage of warehouse employees.”
“In times of higher demand, this creates logjams that are tough to break, much less recover from. For businesses, that means both time and resources are wasted. With their first-hand insights into the intricacies of warehousing logistics, we plan a four-member team set out to put an end to this age-old industry problem. Our warehouse operations personnel can easily facilitate the sharing of manpower among the company’s facilities where there are surges in demand.
Today logistics cost in India accounts for 13-14 per cent of the Gross Domestic Product (GDP) which is nearly double (7-9 per cent) the logistics cost to GDP ratio in developed countries such as the US, Hong Kong and France. So, there is an opportunity for incumbents to play a decisive role in bringing down the cost with the judicious use of favourable policies and state-of-the-art technology,” he adds.