MarketCentral, your companion for limitless online business success!
Transport and Logistics Challenges Faced By MSMEs And The Way Forward
view-point-marketcentral

Last week, we discussed how embracing technology and adopting digitization could help businesses strengthen their supply chains and improve efficiency. However, only about 5% of supply chains in India are estimated to be digitized. This is due to the variety of challenges faced by small businesses and MSMEs attempting to do so.

What are the challenges faced by MSMEs in terms of digitizing logistics?
  1. Size and capacity: Bigger logistics companies that provide digitized and secure logistics services often require monthly commitment in terms of numbers, size, and volume. This sort of arrangement is not suitable for MSMEs, as they might usually have small or 'one-off' orders and cannot expect to transport huge volumes of cargo each month.

    Businesses shipping multiple products in small volumes may also find it difficult to find multiple specialized logistics partners. They might require shipping services for small volumes of products of a specific kind, which is not suitable for a monthly subscription.

  2. Lack of verified options: MSMEs do not have access to verified delivery partners that are suited to handle their flexible delivery requirements. The delivery sector is extremely unorganized and difficult to navigate. Contacts can be unreliable, and are usually spread through word-of-mouth. MSMEs operating in logistics sectors also do not have proper ways of being visible to businesses who might need their services.
  3. Long turnaround time: The availability of delivery options within the timeframe is often an issue. The long turnaround time for the available options reduces efficiency.
  4. Lack of technological knowledge: Small businesses lack the resources and technological know-how required to build and utilize a digitized system of logistics that can handle a vast network of suppliers and transporters. They are daunted by new software and do not have the time or expertise to build an efficient digital database.

To combat these issues, LogisticsCentral was created after engaging with over 25,000 MSME customers on MarketCentral who felt that the existing transport and logistics facilities available to them were difficult to operate.

LogisticsCentral is India's first B2B transport and logistics platform which is focused on fulfilling the growing transport and logistics needs of Indian MSMEs.

How can LogisticsCentral help?
  1. LogisticsCentral has partnered with MSME Transport operators and logistics service providers to create a dependable eco-system catered to Indian MSMEs

  2. LogisticsCentral streamlines the transport and logistics process for MSMEs by allowing them the freedom to choose verified delivery partners according to their requirements, from a single platform.

  3. The suitable transporters receive real time delivery requests from MSMEs based on their delivery capabilities. The MSMEs can then connect with the right transporters for their delivery needs and complete their business transaction.

  4. LogisticsCentral's "recommendation engine" also helps MSMEs with route optimization and provide suggestions that are specific to the weight and dimensions of the material as well as the distance and pin code to which it needs to be transported.

LogisticsCentral is focused on removing delivery hurdles for MSMEs all over India and making the process simple, intuitive, and easy. Businesses on MarketCentral can make the most of LogisticsCentral's features and enjoy the benefit of an all-in-one platform that simplifies all their business needs.

Visit https://www.logisticscentral.in to register now!

  1. The Importance of Digitizing Supply Chains for Small Businesse: https://www.marketcentral.in/market/viewpoint/38/importance-of-digitizing-supply-chains-for-small-businesses.
  2. Sustainable Growth (Part 2): How MSMEs Can Grow Sustainably With Three 'R's: https://www.marketcentral.in/market/viewpoint/37/importance-of-sustainable-growth-for-business-part-2.

MarketCentral will bring you interesting business stories and Small Business news every week through ViewPoint. Let us know what you think about this article at support@marketcentral.in. For more, you can follow our social media handles below:

Instagram: marketcentral

Facebook: marketcentral

LinkedIN: marketcentral

Popular Articles
view-point-marketcentral

Get Online, Grow Big: Digital-First Small Businesses Are Prepared for The Future

view-point-marketcentral

The New GST Scheme: How Will It Impact Your Online Business?

view-point-marketcentral

In the News: MSME Credit Card, post-Covid revival, and new schemes for small businesses

view-point-marketcentral

How MSMEs Can Grow And Achieve Greater Independence

view-point-marketcentral

Transport and Logistics Challenges Faced By MSMEs

view-point-marketcentral

The Importance of Digitizing Supply Chains for MSMEs

view-point-marketcentral

How MSMEs Can Grow Sustainably With Three 'R's

view-point-marketcentral

The Importance of Sustainable Growth for Businesses

view-point-marketcentral

4 Customer Retention Strategies for MSMEs

view-point-marketcentral

Customer Retention

view-point-marketcentral

MSME Day 2022

view-point-marketcentral

What is Your Target Market? - Part Two

view-point-marketcentral

What is Your Target Market? - Part One

view-point-marketcentral

9 Ways to Make Your Business Data Safe and Secure Onlines

view-point-marketcentral

9 Ways to Make Your Business Data Safe and Secure Onlines

view-point-marketcentral

Why Automating Your Business Operations Can Make Your Business Smarter and More Efficient

view-point-marketcentral

8 Effective Ways to Drive Traffic to Your Website

view-point-marketcentral

5 Ways to Keep Your Online Business Growing

view-point-marketcentral

What is SEO or Search Engine Optimization, and How Can It Help Your Business?

view-point-marketcentral

6 Tips for Marketing Your Business During Festivals.

view-point-marketcentral

Branding for Small Business - What is It, and How to Do It.

view-point-marketcentral

What is branding and why do small businesses require it?

view-point-marketcentral

Women Entrepreneurship and Women-led MSMEs: Schemes and Benefits PART Two

view-point-marketcentral

Women Entrepreneurship and Women-led MSMEs: Schemes and Benefits PART ONE

view-point-marketcentral

Go Digital, Go Secure: What Does This Mean for MSMEs?

view-point-marketcentral

What is Social Commerce and How Can it Help MSMEs?

view-point-marketcentral

How to implement ISO 9001 for Your Small Business?

view-point-marketcentral

Why is an ISO Certification Important for Your Business?

view-point-marketcentral

Updating Your Financial Operations Can Save Your Business Lakhs of Rupees!

view-point-marketcentral

Keeping Your Business Safe Online: The MarketCentral Way

view-point-marketcentral

Best-Time-for-MSMEs-to-start-digital-marketing

view-point-marketcentral

The MSME Tech Upgradation Scheme: What Does it Mean?

view-point-marketcentral

5 Ways to Protect Your Data and Build a Secure Online Business

view-point-marketcentral

Customer Experience: 3 Ways for B2B Businesses to Stand Out from the Crowd

view-point-marketcentral

Diwali 2021: 3 Trends in Online Business, E-commerce Inflation, and More

view-point-marketcentral

4 Steps To Guide Your Business-to-Business (B2B) Enterprise Towards eCommerce Success

view-point-marketcentral

What The Facebook, WhatsApp Outage Can Teach Small and Medium Indian Businesses

view-point-marketcentral

E-Commerce Market in India to reach $350 Billion by 2030: What Will This Mean for SMBs?

view-point-marketcentral

50 Lakh MSMEs Have Registered on Udayam portal. Enroll your business today.

view-point-marketcentral

3 Recent Schemes and Funds for MSMEs and What They Mean

view-point-marketcentral

E-Commerce Market in India to reach $350 Billion by 2030: What Will This Mean for SMBs?

view-point-marketcentral

Amul, Parle Among Businesses That Has Cut Supplies to Udaan

view-point-marketcentral

Covid-19 Second Wave: What Can Small and Medium Businesses (SMBs) Learn From It?

view-point-marketcentral

Amazon is Opening Physical Stores. What Does it Mean for Small Businesses?