Importance of logistics parks

In this modern era of logistics, businesses are under pressure to reduce logistics expenses   and improve serviceability. This convert to reduction in truck turnaround time and goods damage, storage of more and more goods in the same space and serving the markets as fast as possible. One of the major concerns about logistics services security.  All these requirements have put tremendous pressure on today's stand alone warehouses. The modern Logistics Park offers many features to meet today's warehousing requirements.

Logistics Park offers:

• Strategic location with good road, rail and air connectivity.
• Large amount of warehousing space at a place.
• Space for multiple clients and industries and for future expansion.
• Ample truck and office parking space.
• Utilities like weighbridge, commercial complex and diesel generator (DG).
• Secured place with CCTV, high compound wall, lightning arrester, boom barriers and fire protection systems.
  
  Integrated park management taking care of general maintenance, landscaping, security & waste management.
  A logistic park is an attributed area that facilities domestic and foreign trade by providing services including warehousing, cold storage, multimodal transport facilities and ICD/CFS. Key factors that differentiate a logistics park from a typical ICD/CFS/warehouse are value-added services such as
  
  
• Cross-docking,
• Customization,
• Stacking and,
• Labeling.
  
  
  Companies that are located within the facility get benefited in the form of reduced cost (less tied-up capital, economies of scale, and/or logistics outsourcing) or an ability to provide better services in cooperation with other companies operating within the logistic park.
  
  The concept of a logistics park is a recent phenomenon. It can be traced back to the foreign trade policy of 2004, which led to the development of FTWZs. While FTWZs were aimed at facilitating import and export of goods, the need for one-stop solution that could additionally cater to the domestic market led to the development of logistics parks as a part of the infrastructure industry since 2005.
  
  Basic requirements of a logistics park
  
  The case studies of select logistics parks in India and abroad are highlighted in annexure. Based on the case studies, its observed that the development of a logistics park should have the following basic criteria:
  
  Land and area requirement
  
  Land parcels involved in logistics park projects should be preferably on city peripheries. The area has to be adequate in order to accommodate the facilities planned in the development of Logistics Park. The site area affects the facilities planning and the vice-versa also holds good. Hence the area of the site plays an important role in the development of Logistics Park. 
  
  Human resources availability
  
  Human resources is an important criterion in the selection of site for development of logistics parks. Skilled manpower is needed to be available in the area. Alternatively, the site should have easy access to the public transportation network of the city.
  
  Connectivity

Transportation is an essential and major sub-function of logistics that creates time and place utility in goods. The key transport infrastructure required for moving goods from one place to another in Indiainvolve roads, rail, shipping ports and air freight.

Road transportation provides key services like cargo management, trucking related services like fleet management, network optimization and route planning.

One of the best logistic park inDelhi is provided by Satvik logistics