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In this video by Supply Chain Way, we have listed down the top 5 sectors that are major contributors to the Indian GDP. 1. The global sourcing market in India continues to grow at a higher pace compared to the IT-BPM industry. India is the leading sourcing destination across the world, accounting for approximately 55% market share of the US$ 200-250 billion global services sourcing business in 2019-20. The IT industry accounted for 8% of India’s GDP in 2020. According to STPI (Software Technology Park of India), software exports by the IT companies connected to it stood at Rs. 1.20 lakh crore (US$ 16.29 billion) in the first quarter of FY22. 2. Currently, India is the world’s second-largest telecommunications market with a subscriber base of 1.16 billion and has registered strong growth in the last decade. The Indian mobile economy is growing rapidly and will contribute substantially to India’s Gross Domestic Product (GDP) according to a report prepared by GSM Association (GSMA) in collaboration with Boston Consulting Group (BCG). In 2019, India surpassed the US to become the second-largest market in terms of the number of app downloads. 3. Healthcare has become one of India’s largest sectors, both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players. 4. Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country. The infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. 5. Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the country’s gross domestic product (GDP) and around eight% of the employment. India is the world’s fifth-largest global destination in the retail space. Source: https://www.ibef.org/industry.aspx

The world's biggest container ship, Ever Ace. In this video, we would be talking about 5 facts about Ever Ace. It is the world's biggest container ship and a new class of ship than the Ever Given, that blocked the Suez Canal for six days in March. Also, the Ever Ace can hold up to 23,992 cargo units and is an Evergreen A-class. As per the American Bureau of Shipping records, the two ships, Ever Ace and Ever Given, are the same length, but the Ever Ace is wider and deeper. The Ever Given is 192.9 feet wide, slightly narrower than the Ever Ace's 201.7 feet. The Ever Given has a draught, or depth, of 52.4 feet in comparison with the Ever Ace's 54.1 feet. Please do LIKE, SHARE, COMMENT and SUBSCRIBE to the channel and help Supply Chain Way by Alvis Lazarus grow.

1. Third-party logistics firm Quickshift plans to open 5-6 dark stores in every metro city to ensure faster delivery. https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/third-party-logistics-firm-quickshift-to-open-5-6-dark-stores-in-metro-cities/articleshow/89961749.cms 2. The company is also helping introduce sophisticated techniques to the industry. https://economictimes.indiatimes.com/magazines/panache/blume-global-is-helping-india-transform-into-a-logistics-powerhouse/articleshow/89935716.cms 3. Drip Capital offers collateral-free financing solutions for SMEs engaged in cross-border trade. https://economictimes.indiatimes.com/small-biz/sme-sector/drip-capital-partners-with-cargoes-finance-to-help-smes/articleshow/89766294.cms 4. Push for PM Gati Shakti remains the key highlight for the logistics sector. https://economictimes.indiatimes.com/small-biz/sme-sector/gati-shakti-with-ulip-budget-wants-to-put-150-billion-logistics-sector-in-the-fast-lane/articleshow/89313268.cms 5. The platform is one of the largest portfolios of its kind. https://economictimes.indiatimes.com/industry/services/property-/-cstruction/blackstone-india-combines-logistics-portfolios-under-horizon-industrial-parks/articleshow/89182692.cms 6. The government is investing in the long-term growth of our manufacturing sector by providing a strong financial booster shot in the form of the Production Linked Incentive Scheme. https://economictimes.indiatimes.com/industry/auto/auto-components/automotive-pli-scheme-a-strong-financial-boost-for-manufacturing/articleshow/89978310.cms 7. FedEx offers a broad portfolio of transportation, e-commerce and business services. https://economictimes.indiatimes.com/small-biz/trade/exports/insights/there-is-need-to-make-global-supply-chain-smarter-through-digital-transformation-fedex/articleshow/89630904.cms 8. Top warehousing developers aim to ramp up expansion in tier-II locations and within metros this year. https://www.livemint.com/companies/logistics-firms-look-to-ramp-up-tier-ii-in-city-expansion-11646586201457.html ----------------------------------------------------------------------------------------------------------------- The Success by Keys of Moon | https://soundcloud.com/keysofmoon Music promoted by https://www.chosic.com/free-music/all/ Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/... ------------------------------------------------------------------------------------------------------------------- Supply Chain Coach's Portfolio: https://www.linkedin.com/in/AlvisLaza... If you would like to be notified of new videos, please subscribe to the channel: https://www.youtube.com/SupplyChainWay/ STAY CONNECTED » Website: https://www.supplychainway.com » Instagram: https://www.instagram.com/supplychain... » Facebook: https://www.facebook.com/supplychainway/ » LinkedIn: https://www.linkedin.com/company/supp... #logistics #growth #transportation #business #manufacturing #commerce #warehousing #investing #newsupdate #news #logisticsnew

In this short video, we have explained 5 easy steps to select the best certification course for you. Thus, in case you are confused about how to evaluate an online or offline certification, this video would clear your doubts. Since an online certification with a bad reputation would degrade your resume and does not add value to you is a waste of time and money, we would help you in saving both. Coach's Portfolio: www.linkedin.com/in/AlvisLazarusA -------------------------------------------------------------------------- If you would like to be notified of new videos, please subscribe to the channel: https://www.youtube.com/SupplyChainWay/ STAY CONNECTED » Website: https://www.supplychainway.com » Instagram: https://www.instagram.com/supplychain... » Facebook: https://www.facebook.com/supplychainway/ » LinkedIn: https://www.linkedin.com/mwlite/compa...

This video from Supply Chain Way will briefly explain 15 such key things in a warehouse one should know. Starting from the Main Gate Security, Storage Structure, Fire Safety and Warehouse Management System, we have explained the key aspects in a warehouse. So, this short and crisp video is only to give an idea and a virtual tour of the warehouse. To view the full video with detailed explanations please click the link: https://www.youtube.com/watch?v=wfSpn... Supply Chain Coach's Portfolio: https://www.linkedin.com/in/AlvisLaza... -------------------------------------------------------------------------- If you would like to be notified of new videos, please subscribe to the channel: https://www.youtube.com/SupplyChainWay/ STAY CONNECTED » Website: https://www.supplychainway.com » Instagram: https://www.instagram.com/supplychain... » Facebook: https://www.facebook.com/supplychainway/ » LinkedIn: https://www.linkedin.com/company/supp... #supplychain #wms #virtualtour #storagestructure #entrance #keythingsinawarehouse #warehousemanagement #alvislazarus #supplychainway #warehouse #warehousing

Bad Career Decisions can be really hurting; would impact your morale and engagement very badly. That too after spending lots of time and effort in shaping your career, a bad move could derail all your plans in no time and getting back on track in this competitive job market is tough. Doesn't matter whether you a fresher or experienced, the following pointers from my experience would help you make the right career decisions: First of all, please don't get lured by the following baits and this would be the first bad move towards a bad career decision: 1. Fancy Designations 2. Fat Packages 3. Luxury in Office Let's see one by one: Fancy Designations: 'What you are being called as' is nothing compared to 'What you do, What value you add to the organization and gain for yourself. 'I know few of my friends in the designation of 'Director'& doing a city level role. I think that tells you the story, there are so many diluted roles sugar-coated with fancy designations, please don't fall for it. Diluted roles will make you a lazy sack and would make you unworthy to take new challenges in a year! 2. Fat Packages: Money is good, Fat packages are great. But if the package is much higher than the market standard, probe it. Since the majority of the cases jobs with fat packages much higher than the market standard would be from an organization where job security is low, the organization is not well known yet but funded well. 3. Luxury in Office: Office is to work and not to Live; No offence to a great office, even I would love to be in a great office but let that not shadow the actual portfolio of the role which would keep you engaged at work and keep you satisfied. Think of a bad role on hand, you feel you are left out, do you think Office Luxury would console you? No way! To make it crystal clear, I don't discourage considering the above at your new job but let that not be the sole criteria on the decision making. Then, what should be the decision making criteria? I consider the following 3 as the key criteria in a career move! 1. Well Written JD: Don’t even attempt an interview for a role with no JD. Let there be tons of excuses from your hiring manager but I strongly suggest a ‘No Go’. Do you think a manager who doesn’t have 10 minutes to write a JD for a crucial hire, would spend quality time with you after you have joined? I don’t think so. 2. Hierarchy: Not just your role, but also understand how you fit in the organization. Know about your direct reports, your peers, your boss’s role and the hierarchy till the top. The reason is, when you do this you exactly understand your role and not just that, you can even understand how your growth path would be. 3. Discussion with Hiring Manager: Last but a very crucial one - Never take up a job without having a discussion with your hiring manager i.e., your To-Be Boss. Make sure you sort out all your clarifications and ensure you both are on the same page. This could easily avoid any confusion after you join the organization. I’m sure these are helpful, feel free to write to me with any clarifications. Have a great career. All the best!

Pre-requisite Learning: https://www.youtube.com/watch?v=tGWOxyDq5Is Find out 'What is Supply Chain Management?'. Learn about the various flows within Supply Chain. All these are explained with a simple example of Biscuit's Supply Chain! Feel free to write down your clarifications.

Supply Chain Concepts | In this video, we discuss one of the most powerful Supply Chain Strategies - the product postponement strategy. -------------------------------------------------------------------------------------- Pre-requisites I View these videos before this! https://www.youtube.com/watch?v=tGWOxyDq5Is

Supply Chain Basics | This Supply Chain Video explains the topic 'What is Supply Chain' with a day to day example. Key discussion points are - 1. What is a supply chain? 2. Functions within Supply Chain 3. Workflow in Supply Chain ------------------- Transcript: What is Supply Chain? Hello everyone! Welcome to Supply Chain Way. In this video, I’m going to explain to you ‘What is Supply Chain’? Instead of a traditional industry example, I’m going to pick up a day to day example to explain what the Supply chain is. In this example, there is a mother and a son. The son works at an organization that is little outside the city. Considering the well being of her son, the mother wants him to have only home-cooked food. So every day she sends home-cooked food to her son right at lunchtime. Now, Let’s see in detail how she does that! First, the mother gets the vegetables, rice, dal and all the other ingredients needed to prepare food. Then she uses all the ingredients and prepares food; she then packs it in the lunch box and gets the food delivered to her son right at lunchtime. In this example, buying all the ingredients needed to prepare food is called SOURCING. The conversion of the ingredients into Tasty Food is the Manufacturing. Getting the prepared and packed food delivered to the son is the Distribution. Sourcing, manufacturing and distribution are the three main functions of the supply chain. Also in this example, the suppliers are from where the mother gets all the ingredients and the customer is her son. Hence the basic definition of supply chain goes like this – Supply Chain is the flow of all activities involved in sourcing raw material/parts from suppliers, manufacturing the product and distributing the product to the customer. This applies to any industry, any product or any service. We will discuss key stakeholders in the supply chain and other supply chain nuances in the coming videos! Stay Tuned. Thank you! Supply Chain Coach's Portfolio: https://www.linkedin.com/in/AlvisLazarusA/ STAY CONNECTED » Website: https://supplychainway.com/ » Instagram: https://www.instagram.com/supplychainway/ » Facebook: https://www.facebook.com/supplychainway/ » LinkedIn: https://www.linkedin.com/company/supplychainway/