Author - LogYcode

Valentine Day Image | LogYcode Blog

Roses, candies and more: Valentine’s day and Logistics!

Since its inception, 14th February has been celebrated as a symbol of love, more often by exchanging gifts like greeting cards, candy/sweets or roses. Though not as a holiday in many countries, more than 50% of the adult population of the world splash out deep for their loved ones on this occasion. So if you’re...

Digitization of logistics

Digitization Of Logistics

With quick development in innovation, the logistics industry over the globe is encountering a change in perspective with fast track development driven by one of a kind development and in the advancement of innovation. The new innovations are re-structuring the commercial center as well as offering community activity models for consistent coordination’s move. The...

Impact of Corona virus in chinese economy

Impact of Corona Virus on Chinese Economy.

Since last month, the world has been shaken by the current outbreak of a deadly virus namely novel coronavirus (2019-nCoV) which is said to be originated from the Wuhan city in China in the last week of December, causing multiple deaths in and around china. The number of cases reported by date is more...

Logistics Budget in 2020

Logistics Budget in 2020

The Union Budget for FY 2020 is underway to be presented on 01 February 2020. While the finance minister has the agenda lined up, the common man and every sector have their own expectations from the Budget. The most probable aspects that might get addressed in the budget has to be reformed in GST...

RFID BARCODE

Which is better? RFID or Barcode

There have been quite the talks in the industry about the two automated data collection forms: RFID and barcodes and if the latter will be replaced by the first. However, both carry product information but differ largely. RFID, Radio-Frequency Identification refers to a method where digital data of unique is encoded or captured via...

logistics making daily easy

How logistics is making daliy life easy.

Logistics in Everyday Life Think of some event, restaurant or movie you went to last time. The type of experience is what would have registered in your mind. Perhaps not the inception of the by-products required to organize business in everyday life. Logistics is crucial in handling the materials which are used to complete the...

India : Future Air Cargo Hub

India: Prospective Air Cargo Hub?

India is one of the fastest emerging economies of the world with its economic liberalization in the last two decades, FDI policies, a dynamic approach towards globalization and augmenting international trade. After a short glitch post the global economic slowdown from 2011-12 to 2013-14 when the Indian economy experienced moderate growth, the average growth...

Incoterms

A Beginner’s guide to Incoterm

BASICS OF INCOTERMS AND ITS EVOLUTION Ever wondered how the business and trade terms are conducted across the globe? Interesting topic? Let’s check out!!! Earlier the trade used to be barter system, and then it changed to paying by precious stones, further shifting to money. With money, came banks, brokers, guarantors, who gave credits and guarantees...