Speed Vs Slow – What’s The Best Way To Send A Courier Package

Being a client that requires logistics services, you need to calculate a lot of things in your ROI metric. You need to include cost, time of delivery, customer satisfaction and speed of transportation. Often a question arises, whether one should opt for speedy and expensive courier transportation or slower and cheaper ones.

While being speedy is on the priority list for many clients, it may not work out in the case of every product or industry. That’s why you need to be smart before hiring your next courier partner.

Product margin and cost of transportation

One of the most important factor when it comes to expediency and delivery rates is product margin. If you’re trying to expand your existing range of courier companies, then doing so for a high margin product makes sense. This is because the incremental cost of faster courier can have a radical improvement in customer satisfaction and loyalty. You can create brand differentiation on the basis of this factor.

The efficiency of delivery and logistics

Probably the most complex factor in logistics is efficiency. That’ why you need a partner than can deliver across large distances efficiently. You don’t want to partner with someone who can delivery fast but doesn’t deliver at a high efficiency. That’s why TCI Express is there for you. They’re the fastest courier service in India and have won multiple awards for their quick delivery systems.

Scale of operations

Depending on your scale of operations and the scale at which your courier partner is delivering, you can design a great logistics program. You can create a better setup for your company’s processes by going the speedway, and develop incremental scale through increased customer loyalty and repeat business.

Prime Reasons Behind E-Commerce Boom In India

Online industry has changed the way buy things. Now, you need not to barge into a supermarket or luxury showroom to buy something; everything is just a click away. All thanks to online shopping portals, digital currency, and e-wallets, shopping has become rather a cakewalk. Who would have imagined that the E-Commerce industry will transform our lives so drastically? 

As far as India is concerned, it is basking in the glory of e-commerce boom. While the in-house businesses are flourishing well, mammoth funding raised being proofs, the market is also attracting the biggest players across the globe. B2C is the most popular form of E- commerce business in India, and B2B is also gaining a strong foothold in the same. 

There are many reasons why E-commerce is doing so well and all are pretty much interconnected. Have a quick look at all the reasons.  

An extremely convenient place for shopping  

The biggest possible advantage of buying things online is that you can save a lot of time and money. And the best part is that you are not even compromising on the quality. From seamless online payments to the quick cash on delivery, the online businesses have made transactions very quick and simple.
 

Easy access
 

E-commerce revolution in India is actually followed by the telecom revolution which actually set the base for it. Now, every Indian is connected through mobile devices and internet, which has made everything easy. All thanks, to easy internet access and availability of fast courier services in India, we are able to buy anything at the comfort of our home. 
 

Better Service:
 

A lot of online platforms provide return policy that makes it possible for many customers to return their product if they are not satisfied with the product - this has seen limited prevalence in physical stores. All the E-commerce websites give due preference to timely deliveries. Not just that, E-commerce has made Indian much more fashion and technology savvy. 
 

Extensive variety
 

Let’s admit it, the traditional brick and mortar businesses have very less variety to offer. When it comes to an online platform, it is easy to switch and toggle between websites and apps till we find the desired product. Similarly, many horizontal e-commerce businesses give multiple alternatives to a customer, expanding upon customer’s preferences.

How Fast Is The Warehouse Industry Growing?

There was a time when warehouse industry was considered only a crucial part of manufacturing sector but due to the advent of E-commerce, it has heavily affected the courier and delivery services as well. Be it as big as heavy machinery or something as simple as frozen packed food, warehouse industry takes care of it all.   

Warehousing sector must be growing by leaps and bounds in current scenario but it has not been like that always. All fastest courier services in India and in the world are formed on one basic philosophy: contingency. Most people who use warehousing facilities or store their goods for a longer period of time do it so that they can supply ready-made inventory without depending on their manufacturing units, which might take up a lot of time to meet demands.

Some of the closer predecessors to storage facilities nowadays have to be the Roman horrea, which were rectangular buildings mostly built out of stone and overhanging roofs to keep the interiors cool and dry during any weather. One of the most popular horreas is the Horrea Galbae which was a warehouse complex in the southern part of ancient Rome. It is a brilliant example about the horreas’ being very important for the evolution of modern storage standards. 

Warehouses came into their own when the Industrial revolution took place around the 19th century. European establishments came up with their own good-specific structures, like the cotton warehouses of Manchester or warehouses dedicated to storing only wine or cheese all across the United Kingdom. They were also a precursor to the godowns in India we see today, as the international trading conducted by British nationals lead to the development of overseas warehouses, which became an important part of the Britishers’ success in the East. 

In the current era, warehouses still hold the same value rather even more. Though its role has changed over the years, the crux of the industry remains the same. The entire e-commerce business has flourished because of the warehouse industry. Trust us, even the best courier services in India highly depend upon how the warehouses function. As per the current scenario, the industry is only going to flourish in the future.  

Understanding the Difference Between B2B and B2C Services

B2B (business to business) and B2C (business to customer) are two common types of business transactions or services in the commercial sector. B2B refers to delivery services or goods sold to other businesses, whereas, B2C means serving directly to the customer. Choosing between the two is essential for owners as it defines most of the operations of the company. Courier delivery services cater to both types of modules.

There are many similarities in between the two kinds of services but some striking differences as well. Some of them are listed below.  

Payment Method: 

The payment under a B2B transaction amounts depend on the customer and their requirement. On the other hand, in B2C, each customer will pay the same amount as the next. As far as the duration of payment is concerned, a B2C transaction will receive the money at the time of the transaction through cash, cards or e-wallets, whereas B2B deals require complex systems which attract payments eventually after the orders are fulfilled and the invoices are appropriated. The size of the order largely defines the payments modes and amounts.

E-Commerce: 

In B2C, the customers log on to websites and browse through a catalogue of services or commodities and pay before checkout through credit or debit cards or e-wallets like PayTM. They are also required to fill in basic information like their e-mail and home address. E-commerce is relatively simpler in the case of B2C trades. In both the cases, it is actually the logistics companies that earn the maximum profits. 

The system required to accept and deliver B2B trades is quite complex and should be able to operate through e-mails, documents and electronic orders. B2B clients usually generate invoices and pay in a few weeks’ or months’ time. The company providing services must be able to operate without receiving funds for this period.

Buying Method: 

A general difference in both the types is that customers buy products for personal use whereas businesses or companies buy products to utilize them for their operations or further sales. In B2B, a dedicated team or personnel decide the amount and type of goods to be acquired but it’s fairly simple in B2C where the customer relies on his/her needs or wants. Similarly, air cargo tracking is a suitable service option for B2C trades, as B2B customers are most likely to get timely updates of the logistics.Large orders in B2B also require authorization from the higher levels of management