With a boom in the ecommerce industry, the 3PL industry in India is also witnessing an incredible growth. The third-party logistics industry is expected to increase by $10.74 billion between 2021 and 2025, with a CAGR of over eight percent. However, the most crucial problem that is still persistent in the 3PL segment is lack of infrastructure, unavailability of skilled labour, and poor management of the consignments. As a result, quick turnaround of a consignment becomes challenging for most of the 3PL solution providers. This often creates a negative impact on their client's business.
This is where LCM logistics is making a difference. According to Subramanya B.T, Founder, LCM logistics, “At LCM logistics, we provide our clients with highly qualified, professional warehouse management, as well as technological tools such as the latest generation of WMS inventory management systems, with report writing functionality. We have around 150 to 180 vehicles in Bangalore and 30 Vehicles in Chennai and 40 vehicles in the rest of Karnataka for LMD (Last Mile Delivery). We are currently managing around 1200 to 1400 deliveries per day and in peak season it touches around 3000 plus deliveries per day".
Customized Value Added Solutions (VAS)
With a growth in the e-commerce market, the 3PL solution providers need to offer more than warehousing, transportation, and shipping. LCM logistics is going the extra mile to benefit its clients with customized VAS, so that they can meet all the unique requirements of their clients. The warehouse team at LCM Logistics can provide light assembly, kitting, and other specialized services that add value to the supply chain. The company is fully equipped with a skilled labour force and updated technology that allows them to perform efficiently. The Value added solutions provided by LCM logistics help their clients to be shelf-ready; this not only reduces the time taken for delivery but also makes a company ever ready with the changing demands of the market. Secondly, by reducing downtime and the amount of touches necessary in the packing process, value added solutions help in labour cost savings.
At LCM logistics, we provide our clients with highly qualified, professional warehouse management, as well as technological tools such as the latest generation of WMS inventory management systems, with report writing functionality
Technology driven
Technology plays a significant role in accelerating the whole process of 3PL with low margin for error. Technology leveraged data exchange enables faster communication, paperless processes, and improved connections between the 3PL and the client. LCM logistics has made an extensive investment to implement technology in their whole logistics chain. The company is equipped with ERP solutions and mobile applications of their own. They have made the whole procedure from warehousing, managing to delivering a consignment a transparent and trackable procedure; hence, providing their clients with an end-to-end solution. LCM logistics also has the technology to connect its client’s ecommerce website directly with their own warehouse management system, thus making the whole process technology driven without any need for manual intervention.
LCM logistics is optimistic about its future in the 3PL sector. It feels that with the help of its experienced and skilled employees along with innovative technologies, in future it can establish its footprints in all the states of India.
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