Your business grows, so is the complexity of managing its operations and maintaining efficiency. Sometimes your fleet will be the only link that exist between you and your clients, and with that it becomes so extremely important to track, navigate and manage your fleet for running a promising business. The ULTRA VMS from ULTS is the perfect solution as it enables our clients with an ultra modern tracking and navigating system with a plethora of add on features for each vehicle, a comprehensive fleet management system, document management system for the entire fleet etc. All these provides our clients with a tailor made solution as per their requirement.
Transportation is one of the world’s largest industries. Its sectors range from taxis to trucks, airplanes, trains, courier services, ships, barges, warehouses and logistics services. Logistics is defined as a business planning framework for the management of material, service, information and capital flows. It includes the increasingly complex information, communication and control systems required in today’s business environment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. A logistics framework consists of physical supply, internal operations and physical distribution of goods and services. The global logistics industry is characterised by high costs of operations, low margins, shortage of talent, infrastructural bottlenecks alongside increasing demand from clients for providing one-stop solutions to all their needs and for investing in progressive technology. Logistics can be considered as a part of supply chain management which encompasses planning activities, implementation, control of the efficient forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements. The activities involved in a typical supply chain are typically inbound activities or outbound activities; inbound logistics refers to activities relating to bringing goods into the organization, while outbound logistics deals with activities relating to taking the goods out of the organization. Goods that are received from the manufacturer are loaded and stuffed into containers of the right size. The goods are then transported by any of the modes of transportation (rail, road, air, etc). The transported goods are brought to a warehouse and stored. The goods are then re-packed in the format to be sent to the customer, and then finally delivered to the customer. Logistics is a critical component relevant across agriculture, manufacturing and service sectors and has to be optimally managed for smooth functioning of production and distribution operations. Additionally, logistics cost accounts for a major component of the input costs in all sectors, more so in the case of sectors such as cement, steel, automobiles, retail, pharmaceuticals etc. With rising competition in the sectors that use logistics services, it has become even more important to enhance the efficiency of the system and use the cost-benefit in increasing the company’s competitiveness. Besides, with increasing globalisation a larger number of multi-national companies (MNCs) are sourcing, manufacturing and distributing goods on a global scale, and thus need more complex supply chains to be managed. Given such developments, the Transportation, Logistics, Warehousing and Packaging Sector is expected to become a more specialised and niche expertise area where high premium will be charged for increased quality and quantity of service delivered by logistic service provider.
The road sector is significant to Transportation Segment. This industry is also characterised by
intense competition which is the result of relatively lower capital requirement, ease of obtaining
driving licenses and permits. The small operators are involved mainly in the physical movement of goods and depend on brokers and other fleet operators who in turn depend on the booking agents for obtaining business. The small operators are not in a position to perform functions of aggregating, handling, delivering of cargo and marketing. Besides, they do not have the geographical reach and necessary infrastructure to tap business on a continuous basis, and thus rely on brokers.
The large fleet operators are small in number, and generally operate throughout the country. These fleet operators primarily work on a hub and spoke model. The hub and spoke distribution system enables optimisation of costs and higher revenues for the transport companies and fleet operators. These transport companies generally have formal contracts with the users, which is very rare in the case of small operators. Large operators can also bid for the contracts with customers. They utilise the services of the smaller operators when additional vehicles are required.