ABSTRACT

Managing logistics has been critical focus area for manufacturers, distributors and third-party logistics players in their pursuit of developing a lean, agile and efficient customer oriented supply chain. Among the biggest challenges these players face today is maintaining the delicate balance of increased material and transportation costs against the expectations of improved service levels mandated by customers. To achieve this end, many industry players are collaborating with their key customers and vendors to improve their processes and systems and provide better service quality, reduce costs and improve visibility. To gain full advantage of such collaborative initiatives, building an efficient and effective supply chain intelligence infrastructure is a must. To achieve better customer service at reduced costs, organizations are increasingly adopting the two layers of process improvement and technological breakthroughs in track-and-trace, improved control systems and IT innovations such as cloud platforms. To fully realize the benefits from these initiatives and move toward an era of continuous improvement in their operations, organizations will also need to realign their logistics performance measurement strategies. Performance management is a methodology to optimize the execution of business strategy. This  study constitutes the fundament of a broader research, in which researcher examine working capital management of logistics service providers. Keeping it in view the present topic of research “Working capital Management of Selected Logistic Companies in India” has been taken to determine the financial performance of Logistics Companies in India.           

Keywords: Logistics, Company, Performance, Financial, Management, Appraisal