India Retail News

One area of focus that many companies have begun to examine is transportation costs. With capacity slowly tightening, shippers, specifically in the retail sector, need to become creative and versatile in their shipping procedures, to minimize costs while streamlining their inventory. ...To have an accurate calculation of landed costs, down to the Stock Keeping Unit (SKU) level, you need to have an all-encompassing view of your entire supply chain. Without detailed information, many factors could be diminishing your profits, simply because they are unknown. Two common mistakes made by many shippers are - incorrectly calculating landed cost and unevenly distributing the transportation costs among stores from distribution centers.