Final Sample - Merged
Final Sample - Merged
_______________________________
PROJECT REPORT
Submitted in partial fulfillment of the
Requirement for the award of the degree of
MASTER OF BUSINESS ADMINISTRATION
Dr. B. DEVAMAINDHAN
PROFESSOR & RESEARCH SUPERVISOR
DEPARTMENT OF MANAGEMENT STUDIES (IDE)
UNIVERSITY OF MADRAS
CHEPAUK, CHENNAI – 600005
2023
BONAFIED CERTIFICATE
UNIVERSITY OF MADRAS
IN VNC TRANSPORTS” is the bonafied project work done by Mr. Akash Babu V C with
Distance Education, University of Madras, Chennai- 600005 during the year 2023.
Date: Supervisor
Examiner:
1.
2.
DECLARATION
VNC TRANSPORTS ” submitted for M.B.A., degree is my original work and dissertation has
not formatted basis of the award of any degree, associate ship, fellowship or any other similar
titles.
Place:
For the completion of this work, I owe a deep sense of gratitude to my supervisor
Studies (IDE), University of Madras, Chepauk, Chennai- 600005., Who very kindly inspired
me to undertake and complete this project work. I have great pleasure in expressing my profound
gratitude to him. However, the errors of judgment, if any are entirely mine.
Chepauk, Chennai- 600005., for the moral support given by him for completing this project. It is
I am also thankful to The Manager, Mr. A. Kumaran of VNC TRANSPORTS, who gave
all possible help in writing this project and provided me with the relevant data on this subject. Last
but not least, it is my duty to thank my friends, colleagues and all who have helped me with their
Place:
VNC TRANSPORTS
NO:102, Gandhi street,
Poonamallee,
Chennai 600056
[email protected]
CERTIFICATE OF INTERNSHIP
This certification proves that V.C. Akash Babu bearing A21101PBL6075 is bonafide
student of Master of Business Administration of Distance Education in University of
Madras 2021-2023 batch has completed the internship as a Management
Trainee. V.C. Akash Babu started the internship from 6th July 2023 to 30th
September 2023
We are lucky to have him as one of our interns before and we would like to wish him
all the best
Authoirzed
TABLE OF CONTENTS
Chapter Page
CONTENTS
No. No.
Certificate
Declaration 1-5
Acknowledgement
List of Table
List of Charts
1 INTRODUCTION 6-21
REFERENCE
LIST OF TABLES
4.1 38
Which are the geographical regions places that
future supply chaincompany caters to?
4.2 Do you provide express shipments? 39
4.9 Which is the logistics service that your company offers the best? 46
(Eligible to choose only one option)
4.10 Which partition of logistical movement earns the extreme 47
percentage of profit?
4.11 On scale of 1 - 5 exactly how essential is logistics’ quality for 48
future supply chain company?
4.12 According to you what effects can 3PL (Third Party Logistics) 49
have on your logistics plan?
4.13 The method organisation follow up to retain the customers 50
4.14 What ratings would you give for Customer Relationship 54
Management at Future supply chain?
4.15 How effective is logistics management system at Future supply 55
chain?
4.1 38
Which are the geographical regions places that
future supply chaincompany caters to?
4.2 Do you provide express shipments? 39
4.9 Which is the logistics service that your company offers the best? 47
(Eligible to choose only one option)
4.10 Which partition of logistical movement earns the extreme 48
percentage of profit?
4.11 On scale of 1 - 5 exactly how essential is logistics’ quality for future 49
supply chain company?
4.12 According to you what effects can 3PL (Third Party Logistics) have 50
on your logistics plan?
4.13 The method organisation follow up to retain the customers 51
1.1 Introduction
Logistics as an idea grew just in the 1950s. The essential reason is the creating
diserse nature of giving one's business materials and sending prepared items inside a
dynamic global supply network. Logistics is the organization of the capacity and
development of items. Awesome logistics downs the costs, speeds work, and
improves the client benefit. Logistics organization moreover screens the arranged
section of material and information travels through the association. The purpose of
logistics administration is to manage the acknowledgment of undertaking life cycles,
supply chains and coming to fruition efficiencies.
6
What Logistics is all about?
Business outlook
Logistics as an idea grew just in the 1950s. The essential reason is the creating
diserse nature of giving one's business materials and sending prepared items inside a
dynamic global supply network. Logistics is the organization of the capacity and
development of items. Awesome logistics downs the costs, speeds work, and
improves the client benefit. Logistics organization moreover screens the arranged
section of material and information travels through the association. The purpose of
logistics administration is to manage the acknowledgment of undertaking life cycles,
supply chains and coming to fruition efficiencies.
7
Production viewpoint
Military outlook
Medical standpoint
1. Logistics in India
8
modern strategies in India have affected producers to construct plants in remote, in
reverse areas on account of sparing area and tax cuts. With extended land scattering of
income in India, shopper markets extending past the five metros of Mumbai, Delhi,
Bangalore, Chennai and Hyderabad. Then again, rather than being pre-emptive,
associations are soon after with new entry outlets. In that situation, the extended
rivalry transversely finished industry verticals is driving firms to revolve around item
conveyance, and coordinations is expanding further vitality with this.
2. International Logistics
3. Objectives of Logistics
9
d) Movement consolidation: A champion among the most basic logistics costs is
transportation. Various coordinations framework that segment premium
organization depends upon quick, little shipment transportation.
e) Quality: A fifth logistical goal is to look for constant quality change. Add up to
TQM has turned into a noteworthy duty all through all surfaces of industry.
f) Life-Cycle upkeep: The last figured arrangement objective is life-cycle bolster.
Scarcely any things are sold without affirmation that the item will execute as
advertised over a foreordained period.
b) The totalfee notion: The total price idea depends on impression, notwithstanding,
objective accomplishment is estimated as far as cost.
c) After tariff notion - A variety of the whole cost concept is that the after-tax
concept. The objective of this idea is after-tax benefit. This idea is ending up
exceptionally mainstream in view of the various home excise policies.
d) Trade-offnotion interfaces the framework composed in a direction that is
exceptionally effective, however may partake trade-offs that may be wasteful. The
merits of high proficiency essential be weighed in contradiction of the risk.
a) Request handling
b) Warehousing
c) Stock control
d) Transportation
e) Data observing
f) Offices
10
g) Network Design
a) Request planning:
The beginning stage is physical circulation is the treatment of customers' requests. For
instance, if a mixed up item or a comparative item with different determinations is
given to the client, it may incite withdrawal of the primary request. In like way, if the
request isn't completed inside a stipulated time, it may head towards genuine results.
Fast information preparing hones are as of now offered which consider the snappy
treatment of the customer orders.
b) Warehousing:
Warehousing intends to the putting away and gathering things to set aside a few
minutes‟ utility. The major explanation behind the warehousing activity is to position
method of merchandise, give able storeroom to store them, unite them with other like
things, split them into lighter sums and create collection of items. Generally, the time
taken in serving customers at different zones is lesser if the amount of capacity units
of a firm is colossal, yet more noteworthy is the cost of warehousing.
The stock decisions are associated with warehousing choices which hold the best
approach to accomplishment of physical conveyance. Essentially where the stock
costs may be as high as 30-40 for each penny. This helps the firm regarding the cost
of stock and supply to customers in time and besides to keep up creation at an
anticipated level.
d) Transportation:
11
general, tried and true and fair the extent that cost and focal points of the workplaces
and administration served. e) Data checking:
The physical flow chiefs are industriously educated about stock, transportation and
warehousing. For instance, if there should arise an occurrence of stock, information
about current stock position at divisible regions, future obligation and restoration
capacities are persistently required.
f) Offices:
g) Network design:
Network design is one of the prime duties of Logistics administration. This system is
required to decide the number and area of manufacturing plants, distribution centres,
material dealing with hardware's and so forth on which logistics effectiveness
depends.
Packing and labelling are a vital part of logistics supervision. Packing infers enclosing
an item into appropriate parcels or compartments, for simple and convenient treatment
of the product by both, the seller and exceptionally the purchaser.
12
i) Economic Ordering Quantity (EOQ)
Economic Ordering Quantity (EOQ), yield high stock levels and high stock delivering
costs yet less orders and lower ordering costs. High ordering costs and arrange rates
suggest enormous request numbers. Significant number of association degree to
which these limits can be met by methods for electronic request arranging, e-
procurement, online lists, web offering and online exchanges, is how much stock
levels and lost arrangements expenses may be decreased in the store network and
there to the efficiency of logistics tasks.
6. Modular Attributes
Strategies for transportation used as a piece of national and global coordination and
supply arrange organization can be assembled under five models. They are known to
us as rail, road, pipeline, water and air. The relative noteworthiness of each mode can
be evaluated similar to system mileage, development volume, wage, and the
possibility of action course of action.
Each mode is discussed concerning these actions.
a. Engine bearers:
Super thruway transportation has broadened rapidly since the complete of World War
II. To an immense degree the brisk improvement of the engine bearers' industry
comes to fruition in light of approach to-portal working flexibility and speed of
intercity advancement. The qualities of engine bearers bolster creating and distributive
trades, short partitions, and highregard things. The prospect for keeping up stable bit
of the general business in turnpike transport remains splendid.
13
b. Rail System
The railroad is basically a long hauler and direct mover of crude materials (coal,
timber, chemicals) and of low esteemed made things and likes to move shipment sizes
of no not as much as a full carload. Really, railroads have dealt with the greatest
number of ton-miles territory. On account of the early establishment of an entire rail
compose partner every single urban group and towns, railroads instructed intercity
load tonnage until after World War II.
c. Water Transport:
Water is the most settled strategy for transportation. The primary cruising ships were
supplanted by steamboats in the mid-1800s and by diesel control in the 1920s. A
capability is generally made between significant water and safe inland water transport.
The basic good position of water transportation is the capacity to move incredibly
expansive shipments. Water transport uses two sorts of boats.
Basic inland water load joins mining and crucial mass things, for instance, chemicals,
bond, and picked plant things. Work restrictions on stacking and discharging at docks
make operational issues and tend to diminish the potential extent of available action.
d. Pipelines:
e. Air Transport:
Air benefit steadfastness can be appraised as great under typical working conditions,
and air transport has an unmistakable preferred standpoint regarding misfortune and
harm. An across the nation shipment by means of air requires just a couple of hours
14
stood out to days from different methods of transportation. One restrictive part of air
transport is the high cost.
f. Vehicle Routing light of the fact that transportation costs regularly run high.
Logistics costs, enhancing productivity through greatest usage of transportation
gear and work force is a noteworthy concern. There is a comparable issue where
there are different starting point and goal focuses. Furthermore, there is the issue of
steering when inception and goal focuses are the same.
7. Logistics Strategy
Inbound Logistics
It is which deals with the smooth and financially savvy inflow of materials and
different data sources (that are required in the manufacturing procedure) from
providers to the plant. For legitimate administration of inbound Logistics, the
administration needs to keep up a persistent interface with providers (vendors).
Inbound Logistics is a standout amongst the most ignored viewpoints in logistics
management. There are typically all the more squeezing issues for a business to take
15
care of, and numerous do not have any control over inbound cargo. Be that as it may,
to drive noteworthy reserve funds and enhance client benefit, it is basic to pick up
control of inbound Logistics.
A ton of organizations don't focus on inbound cargo, and even less observe the
need of a Vendor Compliance Programs (VCP). These organizations are
passing up a major opportunity for potential benefits, streamlined logistics
works and enhanced client benefit, among numerous different advantages. A
decent VCP can be an aggressive differentiator. A legitimate VCP will
characterize desires and benchmarks for the merchant, have a method for
following and revealing seller execution, incorporate nonstop gatherings to
examine any important changes, and guarantee all recipient objectives are
reliably met.
Three whys and wherefores to have a Vendor Compliance Programs
16
commonly profitable relationship; enable them to make progress and reward
them for being solid.
Outbound Logistics
Outbound logistics is a simple focus for cost investment funds and enhanced speed of
transportation. In spite of the fact that logistics administration is confounded, the
possibility of outbound logistics is genuinely basic: store as meagre product as would
be prudent and move it as fast and precisely as could be allowed while looking after
wellbeing. Outbound logistics is worried about the stream of completed goods and
other related data from the firm to the customer. For legitimate management of
outbound logistics, the administration needs to keep up a constant interface with
transport administrators and channels of delivery.
Lean Logistics
Last mile logistics is the place an organization really reaches a client. Numerous
shipments are slowed down in last mile logistics in light of its many-sided quality.
Last mile Logistics represents 28% of an organization's transportation costs.
In this day and age, ability is going up against new measurements. The capacity to
contend is controlled by the level of receptiveness to clients and crucial concerns
taking care of. Markets are snappy ordering and customization of every logistics
exercises are fundamental for every client, and has turned into the basic factor in
logistics administration.
Future supply chain faces part of high points and low points in every activity and
enhances task on every circumstance while managing every client. Future supply
chain prevailing change strategies utilized are:
17
Logistics is additionally
fundamental to:
• Governments
• The military
• Welfare offices
2. Reverse Logistics
A very much arranged, recreated turn around logistics technique will diminish
capacity and appropriation costs, enhance disrepute, make more economical business
rehearses, and fulfil client orders. A normal retailer's turn around Logistics costs for
buyer merchandise are equivalent to 8.1% of aggregate deals. In a few ventures, for
example, book distributing, catalogue retailing and welcome cards, more than 20% of
all items sold are in the long run come back to the seller. Reverse logistics is essential
for client benefit. 69% of clients consider awesome customer service as speedy
18
determination of issues. For instance, customers who arrange garments online
commonly arrange a few unique sizes and shades of a similar thing. At that point,
they'll send back the items that don't fit or aren't the correct shading. On the off
chance that this procedure is troublesome, they won't arrange from you once more.
• Better Steering
These territories are the place most TMS programs exceed expectations, and truly,
they are the most secure target regions amid execution. Actualize a TMS with the
highlights most applicable to your business needs, do the fundamental work in
advance amid execution and setup, and you ought to have no issue seeing return for
capital invested and increased the value of logistics administration.
19
5. Visibility into Logistics Procedures
7. Customer Administration
A business will guarantee a beneficial future by making affinity with clients. Client
benefit encounters via web-based networking media, adding much more significance
to the level of administration you give to your clients. The possibility that cutting
expenses is more vital than including esteem is not any more a maintainable business
hone. Slicing costs regularly prompts poor execution. The best approach to add
esteem is to quit fooling around about actualizing Logistics administration best
practices and make a far reaching outlook of giving predominant administration.
One of the least demanding approaches to increase the value of business tasks
is to collaborate with a 3PL. Shippers pick up various advantages from 3PLs who can
produce and break down huge information to discover openings that drive
achievement and enhance the client encounter.
8. Customer-Driven Collaboration
Basically enrolling the assistance of a 3PL and its technology isn't sufficient.
The term 'Support to Grave' administration is a precise portrayal of how you should
see joint effort. A 3PL ought to coordinate with all aspects of your business from
beginning to end to guarantee all procedures are enhanced for the most ideal
20
outcomes. For instance, let your 3PL know when you will start offering new
managements, dispatch another item or open another circulation focus. The 3PL will
guarantee transportation amid the execution or dispatch is fruitful, doesn't strain
Logistics procedures and keeps on offering some incentive to the client.
9. Conclusion
21
Chapter 2
Inventory network arrange administration is tied in with getting a smooth and viable
spill out of crude material to finished merchandise in client's grasp. It is a thought,
which is logically supplanting conventional partitioned administration approaches
to manage buying, putting away and moving products. Dealing with those stocks
implied purchasing enough merchandise sufficiently far ahead of time to guarantee
22
that long, relentless generation runs were only occasionally endangered by
deficiencies of segments. Harder competition brought smaller thing life cycles and
made that approach continuously exorbitant. Store chain administration joins
between huge business, multi-viable techniques that target everything from the
supplier's inbound load to the end purchaser. LM is more sensible, practical part of
the stock system where items are transported into an office, authentically set away,
dealt with and transported out.
A 3PL is an awesome asset to cause offer some incentive to your client. 3PLs have
inside and out industry information and innovation fit for seeing wasteful aspects in
the supply network. Most 3PLs have their own restrictive TMS with itemized
announcing capacities. A 3PL can likewise contact a client if the conveyance will be
late, clarify why, and give a refreshed, inexact time of conveyance keeping in mind
the end goal to enhance client benefit. Above all, a 3PL can work with a bearer who
has had poor past execution. 3PLs have imply industry information and, contingent
upon the 3PL, offer bearer instructing for any wellbeing or execution issues. Benefit
notices, share value weights, mergers, rearrangements, movements, transfers,
agonizing cutbacks and incredible geopolitical vulnerabilities can clear away even
the most thorough Logistics procedures - and that is regardless of exceptional
administration over numerous years. These are outstandingly troublesome
circumstances, critical to associate also cargo wanting for official. It is simple of
dismiss master plan in the race to cut foundation cost and preserve money.
23
2.2 Literature Reviews
The analyst HuanNeng Chiu presents this structure for scattering associations to set
up and improve their logistics systems continually. Starting late, much thought has
been given to robotization in administration, the use of new data innovation and
coordination of inventory network arrange. These areas which can grow logistics
productivity and outfit customers with high state benefit. The examination of each
territory is progressed with Taiwanese organization rehearse system.
An entire review on 3PL applicability in India and to set up the effect of use of
outsider logistics benefits on business comes about. Starts by investigating plus
examinations did on 3PL practices and working up an exploration system. The
factors to the examination system portray the association particular highlights for
instance, the level of usage of 3PL administration, the reasons behind outsourcing
and the impact of utilization of 3PL administration. Yield limit of upcoming use.
24
4. Emerging global coordinations systems: Implications for Transport
frameworks and Policies
The latest period we have understood a steady advancement in overall trade along
the worldwide transport. This paper will upgrade our cognizance with the
relationships between exchange, coordinations, transport and local progression at a
worldwide scale. Our significant starting stage is that the necessity for huge capable
transportation lus complex logistics coordinations shapes.
Author(s): N Jena
The inspiration driving this paper to fathom piece of fiscal plus social factors
affecting the logistics rate for the Indian steel zone and its relationship of the
organization value. A sorted out survey think about is used for the data collection in
this examination. The survey included assorted parts of coordinations cost on
inbound and outbound coordinations, and organization quality. This examination
perceived distinctive basic segments of logistics coordinations cost for Indian steel
division and watched its relationship with transportation cost, warehousing cost and
25
administrative cost. The disclosures of this examination demonstrated positive
association between logistics coordinations cost and organization quality.
This paper uses the surviving written work to perceive the key accomplishment
influences are connected with execution in the Indian pariah coordinations expert
centers (3PL) region. To furthermore unravel the cases of these results, a
plausibility examination of these associations as demonstrated by firm size was in
like manner coordinated. Relationship with 3PLs was critical free of firm size. Our
revelations add to academic speculation and authoritative practice by offering
setting specific suggestions on the support of specific key accomplishment factors
in light of their potential effect on operational and fiscal execution in the Indian 3PL
industry.
Growing comfortable associations with third logistics providers (3PLs) has been
recognized in the writing as a valuable methodology for 3PLs and client firms. It
has been demonstrated that clients implanted in cosy associations with 3PLs
accomplish more elevated amounts of operational and money related execution.
Specifically, prove is discovered that client particular qualities, for example, a client
relationship promoting introduction and related knowledge with 3PL banding
together, positively affect a client joining forces conduct, well outside the impact of
between authoritative environments, as pushed in conventional
behaviouralprototypes.
26
9. Recent advancements in the act of supply network administration and
coordinations in India. Author(s): Parkan; Dubey, Rameshwar
Looks, inside and out, at corporate logistics system, especially as to the USA. Talks
about procedure alluding to a general idea of tasks directing all exercises towards an
extreme objective – worldwide instead of nearby. Orders some real American
organizations also their dispositions also think about the arrangements and results.
Demonstrations inventory network administration plus process duration pressure to
supplement logistics methodologies for dynamic US firms.
27
12. The Role of Transportation in Logistics Chain
The assignment of shipping chooses the viability of moving things. The progress in
techniques and organization models improves the moving weight, transport speed,
advantage quality, movement costs, the utilization of workplaces and
imperativeness saving. Transportation takes a fundamental part in the control of
computed. Surveying the current condition, a strong structure needs an
unmistakable packaging of coordinations and a proper transport realizes and
frameworks to interface the making strategies. The objective of the broadside is to
describe the piece of moving for reference of additional variation. The inspection
endeavored to help coordinations chiefs, researchers and transportation coordinators
to portray and value the principal points of view also its distinctive applications and
the associations among coordination‟s and transportation.
28
14. From a writing audit to a theoretical structure for economical production
network administration
15.Marketing Logistics
29
Chapter 03
RESEARH
DESIGN
3.1 Statement of the problem:
They centre around key destinations, for example, executing data advances,
organizing compelling administration forms, coordinating administrations and
30
innovations internationally, and conveying complete arrangements that make an
incentive to clients also to their inventory chains. This essential of joining forces
with clients plus turn out to be more incorporated into their inventory network
forms has made the auxiliary need to find near these clients.
That be present to state the requirement simple access to movingcentres also diverse
methods of transference will not keep on being essential. Be that as it may, the
above move in business methodology, alongside the advances in innovation and
upgraded correspondence, has opened the entryway for Logistics offices to work
easily in a bunch of areas.
The study is selected to establish the effectiveness and feasibility process of logistics
management in the organization, it helps the company to learn the process involved
and taken necessary changes if needed. It provides effective information to fill the
gaps in the logistics management to have a better and the smooth control over the
logistics, therefore is great scope in this field as it can help the organization.
31
To understand the efficiency of logistics administration frame work
To analyze the all all types of logistics problems of the organization
To understand and examine the process of logistics
To understand the importance of the organization hoe it delivers products and
services to its customers
To analyze the speed and reliability in the distribution of producgts.
Research implies look for learning. It goes for finding reality. It is the scan for
information through goal and orderly strategy for discover answer for issues.
Consequently, explore is a procedure of efficient and inside and out examination or
pursuit of a specific point, subject or territory of examination supported by
gathering, calculation, introduction and translation of important information. An
examination finding may offer ascent to new issues which may require additionally
look into. So an exploration prompts another examination.
Objective of research
Research Methodology
Research technique is a strategy that can be utilized to take care of the examination
issue. It gives different advances that can be embraced by the specialist in concentrate
his examination issues. It incorporates the exploration as well as thinks about the
rationale behind those strategies. Research approach manages the destinations of an
examination think about, the technique for characterizing the exploration issue, the
sort of theory detailed, the kind of information gathered, strategies utilized for
gathering the and breaking down the information and so on. This sort of demand
incorporates a great deal of time, money and Energy. Remembering the ultimate
objective to find the reasonability of logistics organization in Future supply chain, we
need to take the data's just from the representatives of Logistics division.
32
So I think survey enquiry will be the most fitting technique for finding an answer
for my examination issue. In this way, I utilized evaluation request for the
investigation, as I am occupied with getting a reasonable technique to discover
reality. Logistics division in Future supply chain Comprises of 100 workers. So I
took the feelings of the considerable number of workers in this office with the
assistance of a poll. Along these lines I can unmistakably express that the adequacy
of Logistics administration in Future supply chain is astounding or not.
Questionnaire Technique
Development of Survey
2. Framing of a survey
• Form of a survey
• Question grouping
33
3. Pilot survey or Pre-testing
Forms of Analysis
a) Descriptive Analysis
b) Inferential Investigation
Statistical tools
1. Percentage Analysis
A pie table (or a circle diagram) is a round layout parceled into territories,
depicting degree. In a pie chart, the roundabout fragment length of each division
(and hence its point of convergence and district), is comparing to the sum it
addresses. At the point when edges are estimated with I turn as unit then various
percent is related to a similar number.
34
Sampling technique: Survey method.
The chi-square test is adopted for the most part alludes to Pearson's chi-square and
is otherwise called the chi-square decency of fit test or the chi-square test for
freedom. We utilize this test when we have two all-out factors and need to decide if
there is a critical relationship between the two factors.
3.6 Hypothesis
35
SL No. Oi Ei Oi-Ei (Oi-Ei)2 (Oi-
Ei)2/Ei
1 64 50 14 196 3.92
2 36 50 -14 196 3.92
Total 70 7.84
= n-1
= 2-1
=1
Conclusion
The computed estimation of chi square is 8.22. The table estimation of chi-square is
3.84, with the level of opportunity at 5% noteworthy level is since the ascertained
esteem is more than the table estimation of the chi-square. Along these lines, H0 is
rejected, with the goal that watched dependence of a 3PL on a client is certain
identified with the supporter's interfacing conduct.
3.7 Limitations
The fundamental data about the task was given by the organization and a portion of
the investigation was relied upon perception.
36
III. Responses that are generated are neither completely genuine nor fake, its left
to one‟s conscience.
IV. Time and availability of employee is another constraint.
V. Complete freedom was given to the candidate while taking the questionnaire.
VI. Report generated are bounded only to future supply chain India limited.
36
Chapter 04
The information gathered through the overview are down on investigate about the
plaintiffs' assumptions around various specifics requested in review. The data
accumulated thru the review is refreshed into table plus the data is being interpreted.
The inquiry form for the overview contains nineteen questions including choices.
The subjects secured is decisions of working zone, representatives size of every
organisation, cash turning zone in task, benefit region, advantage offering, definitive
adequacy, stock, zone, thing accessibility and consumer loyalty.
37
Table 01
Sl. No. Particulars Output
1 Mumbai 25
2 Bengaluru 25
3 Kolkata 10
4 Chennai 10
5 Delhi 10
Fig. 01
Output
Interpretation:
From the data obtained it is that Mumbai and Bengaluru share the equal services
from the company with 25 outputs, Kolkata and Chennai stood next to Delhi
achieving 10 points in terms of received by the Future supply chain.
Inference:
In order to increase the further share around the world, what we can do is to set up
more future supply chainlocation in other geographical areas. This may boost up
confidence and competition.
38
2. Do you provide express shipments?
a) Yes
b) No
c) Sometimes
Table 02
Sl. No. Particulars Output
1 Yes 72
2 No 20
3 Sometimes 8
Fig. 02
Express Shipments
80
70
60
50
40
30
20
10
0
Yes No Sometimes
Yes No Sometimes
Interpretation:
From the above table and pie diagram, it is understood that future supply chain
provides the express shipments. 72 respondents agreed while 20 said No and 8
respondents told future supply chainprovides express shipments but only often.
39
Inference:
From the above report it is understood that on a whole company must provide
orientation and training for the employees in order to know whereabouts of the firm.
a) Yes
b) No
c) Sometimes
Table 03
Sl. No. Particulars Output
1 Yes 88
2 No 4
3 Sometimes 8
Fig. 03
Yes No Sometimes
Interpretation:
From the above pie chart, it is understood that barcode identification is practised
extensively where 88 respondents said yes and 4 said no and 8 respondents said
40
only sometimes that future supply chainuses bar code identification method to
minimize the human effort in recording.
Inference:
From the above figure it is understood that the using barcode minimizes human
effort and company must provide orientation and training for the employees as well
as in order to know whereabouts of the organisation and services.
a) Yes
b) No
c) Sometimes
Table 04
Sl. No. Particulars Output
1 Yes 65
2 No 15
3 Sometimes 20
Fig. 04
Seasonal influences
Yes No Sometimes
41
Interpretation:
From the above table and pie chart, it is recognised that 65 respondents replied with
a Yes and 15 No, in addition to 20 Sometimes were recorded in respect to the
seasonal influences in order pattern. That means there‟s a significant seasonal
influence in the order pattern.
Inference:
The reason for such variation for product purchasing behaviour may be seasonal
influence, which is a usual. To avoid this, company must provide discounts and
benefits, increase customer engagement during low sales.
Table 05
Sl. Particulars Output
No.
1 Agree 82
2 Disagree 18
Fig. 05
Yes No
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Interpretation:
From the above table and pie chart, it is told that the evolution of new concepts of
logistics leading to rise in cost. 82 respondents have agreed and 18 have disagreed
that implies that the evolution of new concepts definitely gives rise to the increase
in cost.
Inference:
Logistics have different concepts and notions which are perceived, understood on
different note. Logistics is also affected by various marketing aspects.
a) Agree
b) Disagree
Table 06
Sl. No. Particulars Output
1 Yes 90
2 No 10
Fig. 06
Yes No
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Interpretation:
From the above pie chart and table 6, it is recognised that marketing logistics is
directly linked to logistics management system also 90% respondents too agreed to
the fact.
Inference:
From the above interpretation it is known to us that the marketing logistics is linked
to logistics management system and the various aspects involved in it from the
scratch.
a) Boon
b) Bane
Table 07
Sl. No. Particulars Output
1 Boon 70
2 Bane 30
Fig. 07
Boon Bane
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Interpretation:
From the above pie chart, we know enrichment of logistics management is a boon for
which 70% of respondents agreed positively and 30% disagreed.
Inference:
Respondents who are also employees always believed that enrichment of logistics
management is a boon. Logistics management affect the firm to achieve the
organisational objectives.
a) Daily
b) Weekly
Table 08
Sl. No. Particulars Output
1 Daily 14
2 Weekly 86
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Fig. 08
Logistics review
100
80
60
40
20
0
Daily Weekly
Daily Weekly
Interpretation:
From the above pie diagram and table as well, it is recognised that logistics review
are performed critically at a company on weekly basis mainly rather than daily
basis. It was recorded 86 respondents out 100 vouched for weekly and 14
respondents for daily.
Inference:
From the interpretation and above table it is observed that the organisation does its
logistics review weekly. Because logistics review process being time consuming and
tedious process it cannot be performed daily.
9. Which is the logistics service that your company offers the best? (Eligible to choose
only one option)
a) Express transport
b) Overland transport
c) Air transport
d) Inventory
e) Other Value adding services if any
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Table 09
Logistics service
40
30
20
10
0
0 1 2 3 4 5 6
Interpretation:
From the above figure it is clear that Future Supply Chain is the best at delivering
services through express. Next comes land and then air, followed by Inventory and
other services.
Inference:
From the above table we get to know that express transport is preferred being high
priced because of fast delivery. Then is the air because of its heavy carriage facility.
It is understood that is the logistics service that the company offer is the best.
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10. Which partition of logistical movement earns the extreme percentage of profit?
Rate them on scale of 10
a) Air transport
b) Ocean
c) Overland transport
d) Express transport
e) Inventory
f) Other Value adding services if any
Table 10
Sl. No. Particulars Ratings
1 Air transport 9
2 Ocean 8
3 Overland 8
4 Express 9
5 Inventory 9
6 Other value adding services 9
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Fig. 10
Ratings
Interpretation:
From the above figure it is observed and recorded the data. Air transport is rated 9
out of 10, Ocean transport is rated 8 out of 10. Overland transport is rated 8, Express
transport and inventory are rated 9 out of 10.
Inference:
From above data air transport is great by receiving great ratings, even the Inland and
ocean, express transport provides. It is understood that is the logistics service that the
company offer is the best. Ratings are rated on source of data obtained from the
respondents. Data is calculated on the average.
11. On scale of 1 - 5 exactly how essential is logistics‟ quality for future supply chain
company?
Least important Less important Indifferent Important Most
important
5 4 3 2 1
5050 49
a) Least important
b) Less important
c) Indifferent
d) Important
e) Most important
Table 11
Sl. No. Particulars Ratings
1 Least Important 0
2 Less important 0
3 Indifferent 2
4 Important 8
5 Most Important 90
Fig. 11
Ratings
5050 49
Interpretation:
From the above pie diagram, it is clearly understood the quality of logistics for a
company as it is what decides the fate of company. 90% of respondents said quality
plays major role, 8 respondents said important, only 2 respondents said it is
indifferent.
Inference:
Almost 90% of the respondents from the survey reported logistics quality is equally
important like any other services. Because quality is what that matters at most for
any products.
12. According to you what effects can 3PL (Third Party Logistics) have on your
logistics plan?
b) Saving Time
c) Cost Saving
d) Comparative Edge
e) Not advantageous
Table 12
Sl. No. Particulars Effects of 3 PL
2 Saving Time 18
3 Cost saving 22
4 Comparative edge 30
5 Not advantage 10
5050 50
Fig. 12
Effects of 3PL
Interpretation:
Above pie diagram represents the accurate importance of 3PL logistics in future
supply chain. 20% respondents said it has a major importance in efficiency, 18%
said it is saving time, 22% of respondents commented that it is cost saving and
inexpensive while 30% of them felt 3PL is really a competitive edge over the
competitors. Only 10% felt not advantageous.
Inference:
Third party logistics is one boon kind of service opted by the company. third party
logistics offers extra services which cannot be offered from the company.
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Table 13
Ratings
1 Phone 10
2 Fax 8
3 Mail 8
4 Gifts, 7
5 CRM 9
6 Other if any 7
Fig. 13
Ratings
Interpretation:
The above diagram represents the ratings obtained. Phone is rated 10 points, fax and
mail are rated 8 out of 10. Gifts and CRM are rated 9 and 7 respectively. It seems
future supply chain maintain a great consumer follow up method.
5050 52
Inference:
From the above data obtained from the respondents shows that mails and gifts must be
enhanced.
14. What ratings would you give for Customer Relationship Management at Future
supply chain?
Very Good Good Fair Poor Bad
5 4 3 2 1
a) Very Good
b) Good
c) Fair
d) Poor
e) Bad
Table 14
Sl. No. Particulars Ratings
1 Very good 60
2 Good 30
3 Fair 10
4 Poor -
5 Bad -
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Fig. 14
Interpretation:
The above pie diagram displays with figures that 60% of respondents rated CRM
with 5 points, 30% rated with 4 points and 10% rated with 3 points tagging CRM is
just fair at future supply chain.
Inference:
From the above table it is perceived that CRM at future supply chainis very good.
They need to work on discounts and price cuts for an increase in the number of
customer also to increase customer relationship efficiency.
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15. How effective is logistics management system at Future supply chain?
Very Good Good Fair Poor Bad
5 4 3 2 1
a) Very Good
b) Good
c) Fair
d) Poor
e) Bad
Table 15
Sl. No. Particulars Ratings
1 Very Good 55
2 Good 25
3 Fair 18
4 Poor 2
5 Bad -
55
Fig. 15
Interpretation:
Inference:
The data obtained from the table speaks out that the effectiveness of logistics is huge.
Future supply chain need to work on inventory storage.
a) Always
b) Sometimes
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Table 16
Sl. No. Particulars Ratings
1 Always 95
2 Sometimes 5
3 Not at all given
Fig. 16
Yes No
Interpretation:
From the above pie diagram, it is depicted that the 95 respondents provide that the
customers satisfaction is given due importance at the future supply chain.
Inference:
From the pie graph we see that the level of customer satisfaction is high. They need to
improve on the consumer engagement methods.
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17. Is preference for customer complaints given by the organisation?
a) Always
b) Sometimes
Table 17
Sl. No. Particulars Ratings
1 Always 88
2 Sometimes 8
3 Not at all given 4
Fig. 17
Interpretation:
From the above pic it is clearly visible that the customer complaints are taken into
consideration very seriously, which is really a great move by future supply chain.
Where almost 88 respondents agreed that complaints are taken seriously always, 8
respondents said only sometimes it‟s taken seriously, 4 respondents said they are
not at all concerned towards consumer complaints.
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Inference:
From the above diagram, it is clearly understood that the customer complaints are
taken into consideration very truly, which is a great feat taken by future supply chain.
Table 18
Sl. No. Particulars Ratings
1 Agree 100
2 Disagree
59
Fig. 18
Yes No
59
Interpretation:
From the above pic it is clearly visible that the customer complaints are taken into
consideration very seriously, and they are handled very carefully without losing the
deal and customer, which is really a great effort by future supply chain.
Inference:
The above picture perfectly portraits that there is an effective system to analyse and
handle the customer complaints at future supply chain.
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a) Very Good
b) Good
c) Fair
d) Poor
e) Bad
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Table 19
Sl. No. Particulars Ratings
1 Very Good 70
2 Good 24
3 Fair 6
4 Poor -
5 Bad -
Fig. 19
Interpretation:
The above pie chart represents the ratings achieved for the overall services offered
by future supply chain company. It‟s 70 respondents saying that the company is
very good and 24 respondents say it is good. And 6 respondents comment that
overall services are only fair.
Inference:
The above diagram indicates that there are great overall services offered by future
supply chain.
Managing the dealings and orders must be improved to achieve 100% success.
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Chapter 05
5.1 Findings
The excellence of facility and quality as ranked is good in future supply chain.
There is good rapport between management and employees and they always work
to maintain the same.
Future supply chain deals with excellence and use standardised products so that it
increases the company‟s profile and reputation.
The activities and operations of 3PL logistics provider should be given preference
and compete with them.
Operations in the organisation is well occupied with advanced technologies.
Cargo and cost adding is well-thought-out be the best service which the
organisation provides.
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5.2 Suggestions
Better working environment like training, clarifying doubts, air conditioner, etc.
Tracking and live tracing of the goods for both the company and the client order
must be further enhanced.
Discounts and price cuts should be adapted bring the same clients again to future
supply chain to strike a deal.
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5.3 Conclusion
In any case, there are a few regions where the organization isn't at the best
most position yet it can unquestionably outfit sooner rather than later and is
resolved to procure that spot. On usage of the above suggestions, the administration
can lead Future supply chainto the best most position when seat set apart in the
following years.
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REFERENCE
1. www.futuresupplychains.com
2. www.bollore-logistics.com
3. www.bollore-transport-logistics.com
4. www.logisticssupplychain.org
5. www.freepatentsonline.com
6. archive.org
7. logisticsmagazine.com.au
8. www.managementparadise.com
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