May 2017 - Page 14 of 17

Those Who Dare: Exciting Entrepreneurs in India and the Government That Needs to Help Them(Rank Princess – SEO)

India’s growth is predicted to be exciting. In 2015, Business Today in India reported that India has more than 48 million small businesses. This was more than twice that of USA’s 23 million small businesses. The medium, small and micro-enterprises sector in India provide employment to over 80 million people.
Small, medium and micro enterprises, through more than 6,000 products contribute 8{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of GDP, 45{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the total manufacturing output and 40{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the exports from the country. Entrepreneurs fall into this category and will be a major catalyst for positive change and growth in the industry across the country.
Over 65 percent of this country is below 35 years of age. As one of the youngest countries in the world, our youth are getting used to having to make more space for themselves.
The current generation of youngsters doesn’t want to be job seekers. The youth wants to be job creators—Narendra Modi, PM
Success Stories
India has many entrepreneurship success stories to draw on to inspire new generations, but the most inspiring success stories are those of this generation of India’s up-and-coming entrepreneurs.
Flipkart, India’s big home-grown e-commerce website was started by Sachin and Binny Bansal as an online bookstore with only Rs. 40000 as capital.
Vijay Shekhar Sharma, the creator of PayTM, was another entrepreneur who started with nothing. Once he had succeeded, he gave away 4 {ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of his equity to his team, showing loyalty.
Start-Up India
The Prime Minister’s 2016 announcement that he intended to promote startup culture in India has come none too soon. The Action Plan has three sections:
• Simplification and Handholding
• Funding Support and Incentives
• Industry-Academia Partnership and Incubation
The government’s efforts are marked by a multi-pronged strategy that will reduce bureaucratic measures that are time-consuming and complicated, and provide valuable knowledge and mentorship to clever young people who need a bit of help.
Our dedication is tough, and our slogan is to substitute Red Tape with Red Carpet– Narendra Modi, PM
Many entrepreneurs in India have responded positively to the PM’s actions.
I think PM Modi put a step further in sustaining start-ups in India in a way that I have not witnessed in the world today.—Adam Neumann, CEO of WeWork
What PM Modi has done for the start-ups is commendable and will go a long way in boosting the start-up eco-system in the country. India ranks 3rd in tech start-ups and 5th in all start-ups globally. This will positively pull up points for us. We can expect to be in the 2nd place in a year. —Rajat Tendon, VP, 10,000 Start-ups, NASSCOM
What’s the 411?
Major events during 2016’s Global Entrepreneurship Week have shown that India’s entrepreneurship ambitions are making its presence felt globally. India was announced as the next destination for the annual Global Entrepreneurship Summit.
Recognising the importance of enabling and fostering the environment for empowering entrepreneurs and innovation, the United States welcomes India’s hosting of the 2017 GES—Press Statement, White House.
Startup Ashoka saw over 100 students present and pitch their ideas, and learn practical and skilled decision-making from each other.
The ThinkBig conference brought together over 2000 women entrepreneurs in an event hosted by WeConnect and the Karnataka government. Indian female entrepreneurs lag behind woefully: only 14 per cent of India’s business establishments are run by women, but this is a hopeful sign.
Government Needs to Help
Entrepreneurship may dream big, but it starts small. This is typically not a bad thing, as we have seen in the past: those who succeed, succeed big. However, as the government itself has already realised, with the high capital costs of setting up a business today, even the most innovative and brave young people could do with a little help.
With training and other help from the government, losses can be kept to a minimum, and more and more success stories can be expected. With the amazing things our people have done without backing, imagine what they will do with help!

LSI Keywords: India has many entrepreneurship success stories, startup culture in India, entrepreneur who started with nothing, India’s up-and-coming entrepreneurs, Indian female entrepreneurs lag

Entrepreneurship- The Need Of The Hour(Rank Princess – SEO)

Decades back, people were not very interested in leaving a handsomely paying job to apply their expertise and skills in ideas to set up a new business. Entrepreneurship was not given much importance.

However, the current scenario is totally different. Young minds are willing to experiment. Currently, many young entrepreneurs have chosen to start new businesses and spread the wave of entrepreneurship in the nation.

The resulting entrepreneurial character has led to massive innovation. Moreover, with the high involvement of government in startups and small and medium-sized (SMEs) businesses, the spirit of entrepreneur-driven innovation is great

At present, India is considered to be a hub of startups, having around 3100 startups and is closely behind the UK with 4000 start-ups.

Fitch Ratings, a credit research rating agency, revealed that such progressive insights have positively impacted the young generation of the nation. The young minds want to start their ventures. They have been motivated to decline their high-paying jobs offered by large multinational companies and start their own firm.

It has been speculated that India will have to roughly create 10 million jobs a year for the 300 million people aspiring to join India’s workforce in the next 20 years. The numbers are quite daunting; however, the government will have to incubate the culture of entrepreneurship in the society.

In other developed countries like the US, Germany, France, the UK, Japan, etc. small businesses have flourished, which generates employment locally and globally.

It all lies in the root that is education. The society will have to create a mindset of training the young generation to showcase their talent which could transform an idea into a business opportunity.

Creating young leaders

India has the highest population between the age group of 15 to 65. It goes to show that it is a country loaded with talent. Also, many Indian-born talented minds are doing some outstanding jobs in world renowned companies like Google, Microsoft, Reckitt Benckiser, etc. It has proven that the local talent can be groomed into brilliant leaders.

The need of the hour is opportunities, exposure, and the infra. Young entrepreneurs must be given opportunities for overseas exposure for hands-on training so that they can implement same in the country to create successful businesses.

Exposure to successful business idols will boost their confidence and motivate them towards the culture of entrepreneurship.

The government of India will have a significant role to play in the entire process. India is by far not a tax friendly country. Therefore, leveraging tax incentives to investors will improve their sentiments, and the country will have more funds in fluxing. Having said the above, the central government is rigorously promoting the startup culture by implementing various programs and revising laws and regulations.

Also, the following parameters have to be worked upon to achieve an investor friendly environment.

Starting a new business
Protecting investors
Getting credit from the market
Dealing with construction permits, reducing bottlenecks, and quick project clearance
Settling insolvency by getting the arbitrary into the picture
Getting electricity Registering property (must need)
Paying taxes and creating a tax-free investor environment.
Trading across borders Enforcing Contracts- International business

Train to Think Differently And Creatively

Getting new talents on board with all the skill sets remains a challenge for most startups. Firms can employ onsite training programs which will cost them less and would be efficient.

Training the potential young minds will not just help organisations to achieve success but also garner future leaders. Critical and creative thinking will contribute to attaining the expected results.

LSI Keywords- Creating young leaders, entrepreneurship in India, startups in India

Grow Your Business With Reliable Invoice Finance Factoring Services Offered By KredX (Rank Princess)

With the concept of Make in India spreading across the country more and more young minds are establishing their start-ups. And why shouldn’t they? It is generating employment for many people and helping the economy of India to flourish.

What a start-up needs the most during its initial phase of growth is venture capital investment. Poor cash flow can damage the success rate of any SME or MSMEs. To prevent your venture from crashing it is of paramount importance that you have the working capital set aside.

Slow paying invoices from customers can affect your business adversely. Usually, it takes anywhere between 60 – 90 days to clear the invoice. This means you have to wait for at least two months before making another investment.

What KredX Can Do For You

We all know companies cannot grow without making investments. This is where KredX comes in the picture. What KredX can do for you is bridge the duration of invoice payment, thereby catalysing your further investments by a simple process called Invoice Financing.

By using the Invoice factoring solutions offered by KredX, you can be at an advantageous position and make significant benefits financially. Instead of waiting for 60 – 90 days to receive your payment, you can opt for invoice financing and prevent your money from getting frozen.

Invoice financing can act as an incubator for your independent business venture and help in generating liquid cash. While invoice factoring assists SME, it offers many perks even for well-established corporate groups.

Benefits Of Invoice Financing For MNCs

Let’s take a closer look at the benefits of invoice financing for MNCs.

Release Cash Flow – All companies whether small or big need a constant cash flow for them to operate smoothly. By using the aid of invoice financing, you can release almost 80- 90{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of your invoice bill within a day instead of waiting for 60 days or more.
Hassel Free Funding – While you can opt for loans from other financial institutions it always comes with a lot of baggage and a repertoire of requirements for you to qualify. Invoice financing solutions offered by KredX allows you to obtain the cash quickly with minimum paperwork.
Ultra Short Term Finance – KredX lends you cash with minimum ARR, hence delivering maximum returns for your corporation.
Reduced Risks – With the proprietary credit risk assessment model for borrowers and tech platforms, KredX enables quick, unobtrusive, and safe transactions.
No Collateral Concept – Don’t have any assets to put up as collateral? Well, don’t worry about it. With the invoice financing services of KredX, no collateral is needed. You will only need to submit your unpaid invoice slips.
Extended Credit Period – While you can obtain the much-needed cash to liquidate your finances via KredX, you can also increase the credit period for your customer. This helps build a healthy relationship with your customer, while you get your working capital.
Higher Funding Limits – Usually financial institutions like banks evaluate your outstanding invoices and lend anywhere between 30 to 40{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the value. With the invoice financing solutions offered by KredX, you can receive up to 90{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the outstanding invoice amount.

The bottom line of benefits of invoice financing is pretty clear with the above-mentioned points. Be it a small or medium sized enterprise getting funded against your outstanding invoices is the best solution to cover the operational costs.

And with current positive testimonials, KredX was able to deliver maximum returns with reduced risks in lowest maturity period. Some clients were even able to receive up to 20{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} annualized returns which make KredX a preferred option for financial backing.

GST and Invoice Discounting India: Prospects of the Future (Rank Princess)

The goods and services tax is soon set to become a reality in India. It will change the taxation system drastically.

Despite some controversies like the inter-State tax (that was later dropped), the GST has been hailed as a positive move.

Benefits of the GST

The main advantage that has already been pointed out in the media is that this is a single comprehensive tax that brings into its purview all existing taxes. Customs taxes, VAT, everything, is included under one heading.

Another significant advantage is that the tax will be applied at a single point, that is, the end consumer will pay the tax. This enables the suppliers, manufacturers, and retailers to recover GST incurred costs as a tax credit. This will also reduce ‘double counted’ taxes and will end up reducing tax burdens on small businesses as well.

In the long term, due to decreased transaction costs, prices of goods may become lower without causing any loss for manufacturers or businesses; this will increase consumption and end up increasing revenue.

GST and Invoice Discounting: Cheaper Capital?

Given that invoice discounting aims at solving immediate cash-flow issues for companies, it will be convenient to have a single point tax. It reduces the tax burden as every point of exchange will not be taxed.

Invoice discounting provides working capital for a business and charges a ‘service fee,’ for it. Given that the taxation in GST will not differentiate between goods and services, it may end up being cheaper and more profitable to work in invoice discounting as there will be a single tax and other costs incurred for GST will be tax deductible.

Increased consumption is good for businesses, but they will require increased capital to keep up with demand, and discount invoicing companies can take advantage of this need to expand their own business and also assist their clients.

Indirect Benefits

A major indirect benefit of the one point tax system to invoice discounting will be reduced transaction efforts.

While this is not directly reflected in the bottom line, when providing working capital there are transaction costs involved which complicate matters.

Calculating how much of the debt is owed to the discounting company for service fees, and also counting taxes and other government fees and what is thus owed to the other business is a complicated matter. A simpler transaction is possible with the GST if invoice discounting companies take advantage of the oncoming tax regime to make a similarly lean system for themselves.

Equality of tax treatment on goods and services will also mean that there will no longer be separate conditions for businesses according to whether they manufacture or provide goods. This will lead to lower transaction efforts for the invoice discounting company.

Another indirect benefit is that with increased transparency and efficiency, there will be a boost in the market. Entrepreneurial efforts are expected to increase, which will lead to an increased desire for working capital.

Seven Sexy Laminates That Will Make Your Home Sexy (Rank Princess – SEO)

Everyone wants their home to be a reflection of their inner selves. Additionally, a modern and well furnished, sophisticated home helps a lot while guests or relatives come to visit.

There has been an increasing demand for easy-to-install and natural looking laminates for some time now. Also, customised laminates are also available for sale, making house décor and furnishing more creative, innovative and fun.

Here are seven laminates that will make your home look sexy and stunning:

Wood Laminates:

Wooden furniture, flooring or even wood-panelled walls give a sophisticated look to your home. What if you could get the same look, with better finishing and low maintenance issues?

This is what wood laminates offer you. The pest repellent qualities of laminates make it easier to maintain than any real wood panelled wall. Laminate never gets wet, and yet it makes your home look sexier. The finishing touches on wooden laminates, allow you to acquire many posh designs at a lower cost and an affordable price.

Abstract Designs:

Why should you stick to the conventional styles of decorating your home, when your walls and flooring could mirror your unique style and persona?

From crossbones and skulls to musical notes and birds, you can have anything on your furniture, ceiling, walls or even floors. It gives a more personalised feel to your home and brings a twist to modern home décor. What’s more, it’s also a very novel and creative way to express yourself to your friends, family, and neighbours.

Textured Laminates:

Laminates can be fun to use and install. Textured Laminates come in a wide range. For example, you could choose whether you want your floors to have a matt, gloss, or raw look.

Laminates that are the texture of sand, grains, or even rocks and pebbles are starting to make an impact on the minds of modern home decorators. Without the need of getting all these materials, you can still have a textured look on your walls with the proper use of laminates.

Hand-Scrapping:

This is a modern method that can be called a form of texturing laminates. The difference between them is that hand-scrapping of two laminates is never the same.

Hand-scrapped textures are always unique and bring out an asymmetric beauty that no polished surface can.

Marble Laminates:

Marble flooring can be pretty expensive and difficult to maintain. Instead, marble laminating offers you a graceful, as well as, easy option for maintenance and décor.

It has gained quite a lot of popularity over the years and serves well for conventional homes and decorators.

Textile Laminates:

A wall with silky laminate is not just pleasing to look at, but also very sexy. Textile laminates are especially handy in indoor settings where you can decorate a personal room or an office.

These laminates give a homely feeling and at the same time create a soothing ambience.

Cement Laminates:

Cement laminates are especially catchy and creative on countertops or floors. It gives the feel of a modern den. You could always go for cement laminates, regardless of being conventional or modern.

Laminating as an option has opened new windows and opportunities to the growth of the house décor industry. It is a modern, yet sensible option for many who’d like to customise their homes fashionably.

LSI Keywords: Modern home décor, home decoration, textured walls, furnishing, house décor, fashionable homes, customized decorating, modern homes, conventional homes, modern home decorating.

Do-It-Yourself Furniture under INR 5000 (Rank Princess – SEO)

Making your own furniture does not have to be intimidating if you have solid tutorials and a few bright ideas. We have scoured the internet to bring you some of the most attractive DIY pieces that are pocket-friendly, as well.

Provided that you are reasonably handy, you can churn out these quirky pieces of furniture that compliment your decor to make a definitive style statement!

Bookcase Using an Old Door

Recycling is the key here. You can utilise an old unused wooden door from your garage, or even purchase one at a flea market.

Cut the door into half.
Prepare pieces for the shelf frames.
Cut pieces for stretchers at the front and the back. Fasten them to the front and the back.
Cut pieces for the shelves. Secure them to the frame.
Cut the piece for the top of the shelf and secure it.
Cut the back of the shelf and paint it.
Paint the entire frame of the bookshelf.
Attach the back to the frame.

Detailed instructions and measurements for this project can be found here.

Ottoman from Drawer

Convert a lonely drawer into a stylish footrest or ottoman. How innovative is that?!

If you do not own an old drawer, you can pick one up at a thrift store.
Cut out four sturdy legs from wood.
Glue and screw them to the bottom of the drawer.
Make the top of the ottoman from plywood.
Attach the top to the drawer.
Place a fabric cushion on the top and glue together.
Paint as needed.

If you want to see the final look of the ottoman, check this out.

Banquette Seating

If your dining table is in a nook, you must have found it difficult to get into the seats against the wall. You can convert the placement of the table into an asset by creating a banquette bench against the wall.

Build a sturdy frame and screw it to the walls.
Cover the frame with plywood to create a panel look.
Cut thick plywood for the top and nail it to the frame.
Caulk and paint the bench. Varnish if needed.
Add cushions and throw pillows for added comfort.

See step-by-step pictures and the final product here.

Cozy Reading Nook

This is the ideal way to use up corner spaces and is easily made using two wooden pallets.

Choose a sturdy square-shaped pallet with slats close to one another.
Cut the pallet along the diagonal.
Reinforce the front edge with additional pieces of wood, and nail together.
At the bottom of the platform, attach squares of wood to the corners so that the chair is raised above the ground.
Sand down all the wood from the top and bottom.
Make the back of the chair using the other diagonal of the pallet.
Attach to the back of the platform and reinforce the top of the slats with additional wood.
Paint the chair.

You can find an excellent tutorial for this project here.

Suitcase Side Table

If you have a vintage suitcase and a wooden table that serve no practical purpose, then this is just the right project for you. Transform that suitcase into an attractive side table and let the compliments flow in!

Remove the legs from the table.
Glue and nail each leg to a sturdy block of wood.
Place the legs at the bottom of the suitcase and drill through.
Screw the legs to the suitcase.

Detailed instructions can be seen here.

Have fun making these amazing DIY furniture, and write us a note in the comments section below if you do!

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Is Your Furniture Outdated? Here’s What You Need To Do (Rank Princess)

Furniture is the heart of a place, much like the people are the soul. Be it an office space, a home, or anywhere else, the furniture is what makes it comfortable and inviting.

Unfortunately, like most good things, it doesn’t last forever. Styles change, the assembly gets creaky; it threatens to break with age and eventually patchwork isn’t an option.

Are these the symptoms of your furniture? If so, then it’s time to roll up your sleeve and explore your options.

Now that you’re sure new furniture is what you seek, you have two choices:

Ready Made Furniture

This is the store-ready product that takes a maximum of ten days to be delivered to you, completely ready for use.

It is machine made and easy to produce in large numbers, perfect for office spaces and other public places. It is also lightweight and cheap, ideal for moving around and large-scale purchase.

Lastly, it is easy to maintain as it doesn’t need to be polished more than once in five years.

The downside, however, is that this type of furniture is not very durable; it is flimsy and will fall apart in a maximum of eight years- even with the best care.

It is usually made of MDF or particle board – which is light and easy to move around but falls apart just as quickly.

The designs are limited to what the factories decide to mass produce, so there’s a restriction in the creativity and uniqueness of a place with such furniture.

Hand Made Furniture

Woodwork crafted by carpenters, using human effort more than machine production comes under this type of furniture.

Made from Teak, Mahogany, Maple, Oak and other hardwoods, the products are durable and long-lasting.

These pieces are often topped with soft plywood like Pine, Fir, Redwood and Cedar to give it a particular shade of brown and an elegant finish from the intricate bark patterns.

Hand making furniture ensures that you use the materials of your choice, ensuring the quality of your furnishing products.

The drawbacks are that they’re heavy and hard to move around, far more expensive than machine-made products as handcrafting is more tiresome, and there’s always the worry that the carpenter might make a blunder, and you’ll be stuck with faulty furnishing.

While both have their pros and cons, the final deciding factors are usually your budget and how long you expect the products to last. The perfect option is the right blend of both.

Products like Sofa sets and dining tables have ever-changing trends and can be durable enough to last the fashion season and a little longer. This will make offices more compelling and give homes a new look.

It is also a very good idea to have computer tables and other such desks as ready-made furniture, as it makes rearranging any room convenient and straightforward.

It is preferred to have permanent furniture like kitchen cabinets, cupboards, cots and dressing tables handmade, as it’s rare that these will need moving around and the classics always look the best.

Dressing tables should be made to fulfil your needs and cots that are handmade are more reliable and have sentimental value, spreading a homely vibe through your living space.

Furnishing is an art, and it is easily mastered – some have it in their blood. It’s always advisable to consult an interior decorator to get the best results at an affordable price.

Emerging Trends and Technological Advances in the Logistics Industry (Rank Princess)

If one were to look at emerging logistical trends of the next century and understand which way the market is moving, one need not move further than the internet, quite literally.

One of the key emerging trends for logistics would be the Internet of Things. This is something that is set to transform every known industry over the next few decades and is already in the process of doing so.

How does the Internet of Things or IOT help in this industry?

IOT seeks to create smarter solutions for the most mundane of chores, thereby making processes more efficient, improving the quality of service as well as monitoring and acting upon real-time data.

Trucks and cargo carriers will have continuous monitoring as well as real-time feedback about availability to warehouse resources and traffic details. This steady flow of information is what makes IOT a standout too regarding future industry needs.

Moving on from IOT, the natural successor to this would be Data Analysis and Machine Learning.

Analysing large amounts data, being able to interpret them and coming up with actionable solutions based on that data is what makes Data Mining or Data Analysis an integral part of the future of the logistics industry.

Machine learning involves digesting the copious amounts of passive data and providing proper business solutions based on that raw data. It can forecast demand accurately as well as predict sales patterns and provide proper supply chain management solutions that make it easier to work in the industry.

With time fleet management and the availability of delivery vehicles will become more abundant as most of this data moves to the cloud. Cloud computing will in turn help bring about greater efficiency in the way even smaller companies manage their logistics. This easy availability of data will, in turn, make smaller businesses more viable because they will have greater access to solutions that were, till then, not quite within their grasp under the status quo.

RF Identification Tags

Another avenue where emerging technologies will make the logistics industry better would be in RF Identification tags. A lot of companies transport extremely perishable and expensive goods, and they would like to know at all times where their product is.

One such example would be Intel. Their chips or semiconductors as they are known are expensive to manufacture, and rough transportation can lead to losses with many being destroyed on the way. So it helps if they get to know their whereabouts via RFID.

ERP Solutions: Playing it old school

Basic ERP solutions including SAP solutions to your business is something that can transform millions of dollars as profit to the industry in the long term and make your business successful. ERP enables your business to bring in technology with a pro-people stance and enables you to manage a large workforce in the most seamless manner possible.

These were but a few of the emerging solutions that are going to take the logistics industry to a whole new era of efficiency and profitability. As long as the technology is regularly updated, the industry will continue to churn out winners.

Technology Trends in Logistics for 2016 and Future Predictions (Rank Princess – SEO)

Supply chains are evolving to become complex entities that are dependent on each other. This has made it inevitable for businesses to branch out and extend beyond the boundaries of the enterprise.

Let us take a look at the technology trends in logistics that drove the industry practices in 2016.

Radio Frequency Identification (RFID) Technology

This involves the use of RFID tags and tag readers to keep a continuous tab on objects like individual units of goods, platforms on which goods are stacked and moved, or shipping equipment.

This is particularly relevant in industries producing valuable and perishable goods like semiconductors. This technology has also been successfully used to minimise handheld picking, scanning, and shipping of inbound and outbound goods, hence achieving savings in labour and quick processing times.

Multi-enterprise Visibility Systems and Omnichannel Solutions

Shared risk and visibility drive businesses today. To mitigate these issues, multi-enterprise supply chain strategies have been implemented widely. These systems provide a comprehensive view of the metrics and processes across the network. These strategies have been broadly adopted in the high-tech and automotive industries.

Similarly, cloud-based platforms are being increasingly used as part of the shipping strategy for an increase in customer base. The cloud is the primary resource that enables rapid data processing and makes Internet of Things (IoT) possible.

People-enabling Software

Companies needed a technology that helps people in resolving problems efficiently. They needed to locate solutions to problems outside the internal business processes. They also wanted to use that information to quickly put out the fire.

Technologies like shared portals, live communication, and search capabilities have helped businesses identify the right people with solutions, in real time, across the globe.

Bluetooth Technology

In spite of IoT coming to be increasingly relevant in the supply chain, non-data driven technologies like Bluetooth devices are being used in tandem for quality control and accountability. This can be attributed to the low cost and low energy use of these devices.

Bluetooth enabled devices can be easily mounted on docks and shipments to relay information about the package and its proximity. This real-time data update improves accuracy and efficiency of logistical processes.

Industries like the governing authority of FDA have been seen to implement this technology.

Transportation Management System (TMS)

The rise of cloud, Software-as-a-Service (SaaS) applications and web-based systems has made it possible for small shipping companies to take advantage of high-end transportation management systems. The ROI for TMS cloud-based systems has consistently seen a definitive growth.

Trends Predicted To Excel In The Future

Some of the cutting-edge technological solutions that are in their infancy today could morph into popular strategies to upgrade supply chain performance. Some of these are listed below.

Autonomous Vehicles and Drones

Establishments like Amazon and Intel have successfully used unmanned aerial vehicles or drones to deliver products in minutes. Although this technology is currently not viable for massive roll out, shipping entities are depending on the insurance industry to embrace this technology in the future.

Robots in Warehouses, Loading, and Unloading

Robotic systems are being created to run the logistics industry more efficiently. 2016 was the year when this technology was increasingly adopted for use in warehouses, distribution centres and probably even at the customer’s doorstep!

Technological innovations dictate how the world does business today. This has also spilt over to the logistics industry function, making it an integral part of the shipping processes today.

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One Stop Shop for All Kinds of Engineered Polymers (Rank Princess)

The Basics of Engineering Polymers

The field of engineering that creates, analyses and moulds polymer materials is known as Polymer Engineering. Aspects of the Petrochemical Industry, Polymerisation, Classification, Properties, Description, Processing and Application of Polymers are covered in Polymer Engineering.

Engineering Polymers are substances with extraordinary mechanical properties such as low creep, stiffness, and firmness. Other properties are resistance to heat, mechanical strength, rigidity, chemical stability, and fire safety. These features make these Polymers useful in the manufacture of structural products like Auto Parts, Gears, Bearings, and Electronic Devices.

Applications of Polymers

Engineering plastics are being put to use in many products, gradually replacing traditional construction materials such as Metal or Wood. The properties of these Polymers have surpassed metal or wood regarding weight and strength both. Engineering Polymers are a lot easier to manufacture, especially in varied, complex shapes and forms.

There are speciality engineering Polymers and thermally curable resins (epoxies). The other kinds of Polymers include Polyamides, Acetals, Polyimides, Polycarbonates, Polyacrylates, and Polyesters,

Engineered Polymers are used in a variety of ways. The most common uses are:

Integralstructures for aerospace and Automobiles.
Monocoque parts for products such as Fishing rodsand Bicycles.

The unique physical properties of Polymers give the engineers the scope to shape parts. This is the reason why Polymer composite products often look different compared to conventional products. However, certain products like Drive Shafts, Helicopter Rotor Blades, and Propellers look similar to metal precursors, because of the functional needs of the components of those products.

Since the applications of these Engineered Polymers are so vast and valuable, there are a series of suppliers of these Polymers that are available in the Indian market. These vendors cater to the needs of manufacturing units that make the above-mentioned products and the likes.

Engineering Polymer Suppliers in India

There are some Engineered Polymer suppliers in India. Some worth mentioning are:

Ensinger India – They have developed engineering plastics for over 45 years. The plastics provide high-performance when applied to products. Their products are found in many important branches of industry like Mechanical Engineering, Automotive Industry, Medical Devices Technology & Construction Industry, Food Industry, Aeronautical Engineering, & Electronics Industry.

Goyal Engineering Polymers Pvt. Ltd.– JRG group, which is one of India’s leading importers and distributors of engineering plastics raw material is the parent company of Goyal Engineering.They cater to automobile component manufacturers.
Bhansali Engineering Polymer Limited–The company makes raw materials that serve companies dealing in Motor Vehicles, Home Appliances, Telecommunications, Luggage, Bus Body and various other applications.
JP Polymer Pvt. Ltd. – They specialise in providing Engineering Polymers for all kinds of new developments in different sectors.
Formulated Polymers Ltd. – They offer a range of Thermoplastic compounds. Their focus has been on specially engineered Polymers that are used by niche industries.
Perfect Polymers– It is a company specialising in customising various Engineering Plastics & Elastomers which match up to export quality standards. Also, they allow their clients to select the desired material. They have excelled in providing spontaneous solutions to their customers.

One Stop Solution

Engineering plastics are in high demand in the country. Owing to their varied properties and uses, Engineered Polymers have gained preference over other materials for various purposes. For a one stop solution, an online company comes to your rescue.

Power2SME is an online arena that serves the Small and Medium Enterprises (SMEs) in India. They concentrate on procuring raw materials exclusively for businesses in this sector. Currently, their services are available across precision engineering, manufacturing, automotive OEM, and construction, industries, and the likes. They provide raw materials for SMEs over multiple products in categories such as Inks, Chemicals, Metals, Paints, and most importantly Polymers.

Month: May 2017