Cargolux – Oman Air: 2nd freighter flight to Chennai
A second weekly freighter flight was initiated to Chennai by Cargolux in partnership with Oman Air from August 11, 2015. The partnership inked in April 2015 between Oman Air and Cargolux enables both to jointly access new freighter destinations and contribute to the logistics facilities of Oman. Two full freighter flights from Chennai to Muscat would be operated by both Oman Air and Cargolux. This enables the former to strengthen its presence in the Indian market by accessing the industrial belts of South India and the latter to use Oman Air’s experience of flying to a range of global destinations, including 11 in India.
Every business establishment is aimed at providing quality, timely and effective products or services to their customers as a means of retaining them and opening more customer doors. Business logistics is very important in business for it actually leads to the ultimate consummation of the sales contract. Logistical support enables the actual movement, delivery and transportation of goods or services from a seller to a buyer.
By initiating ‘Make in India’ campaign, we are basically inviting foreign manufacturers to produce in India. However, it can only succeed if efficient logistics is made affordable. If firms. Logistics at a global stage is very crucial in globalisation. Very many businesses are involved in multinational trade, hence the necessity of well laid out coordination of the shipment of goods has increased. Efficient logistic systems throughout the world economies are the basis for trade.
While drafting such a plan, it is important to keep in mind all the possible present and the future scenarios. A logistic manager needs to have the capability to carefully plan, analyse and implement forecasts to a considerate extent on behalf of a firm. The plan he or she drafts should be organised such that every employee knows their duties, responsibilities and roles. Coordination and understanding between all the departments will enable the realisation of the goals of such a plan.
Logistics planning too is an important part of business nowadays. How quickly and reliably goods are delivered to customers can mean the difference between retaining your customers and losing them. A great deal of business logistics comes under the heading of marketing and specifically, distribution. The planning phase is the most important followed by good implementation of a logistics plan. It is not only the speed of delivery that matters, but also the product quality and customer service.
A buyer is always concerned with the actual delivery of goods or services as per the agreed sales contract. He or she is not interested with the promises of a seller about their capability to supply the same; it is assumed. Delivery of goods or services to a buyer according to the sales agreement is important so as to avoid legal tussles that may arise as a result of delays or failed contracts. Timely deliveries and honouring contracts is essential in maintaining your clients and obtaining repeated orders.
Effective logistical systems contribute heavily to the achievements of the firm and its marketing objectives. It is very essential in creating place and time utilities in the products in order to maximise customer satisfaction. A quick and timely delivery in minimum time and cost relieves the customer of excess inventories and subsequently brings down the cost of carrying inventory, transportation and material handling. This improves customer service and reduces costs.
In a nutshell, ‘Make in India’ campaign is not a far dream if the solution to the obstacles are answered or combatted judiciously by efficiently developing other means of transport. Introducing policies pertaining to the reduction of the cost of logistics and by introducing Goods and Service Tax (GST), which will reduce the other taxes will also reduce the logistic costs involved.