Bajaj Electricals (BEL) and Mahindra Logistics (MLL) signed an agreement for innovative logistics optimisation and outsourcing arrangement. This deal is a complete end-to-end redesign and outsourcing of Bajaj Electricals’ entire logistics by Mahindra Logistics, with the twin objectives of achieving enhanced & industry-best service levels, coupled with a logistics cost saving in excess of 25 per cent. The total contract value, of this one-of-its-kind deal in the Indian Logistics industry, will be in excess of Rs 1,000 crores over the next 5 years and is the outcome of a unique and collaborative solution. Working together closely, MLL has developed for BEL a fully redesigned and consolidated logistics network, with storage optimisation, transportation management and inventory movement through technology, best practice and automation. At the heart of the network, there will be two large ultra-modern mega-warehouses in Delhi and Mumbai, with latest technology, automation and skill-building, enhanced by environmentally conscious, greener & sustainable warehouse practices. This network will further operate fully IT-enabled fulfilment centres from which BEL’s dealers, distributors, customers will enjoy market-leading delivery lead times. As part of the solution, MLL will be deploying a healthy mix of dedicated long-haul fleets and local distribution trucks, enabled by the latest tracking technology and control tower operations. There will also be a transition towards sustainable logistics using electric delivery trucks from EDel by Mahindra Logistics. For BEL, this project marks a significant transition towards leveraging logistics management as a competitive advantage. Speaking on the occasion, Anuj Poddar, Executive Director, said, “At Bajaj Electricals, we have been actively working towards various strategic initiatives to enhance value for our customers and other stakeholders. This collaboration with MLL is one such key initiative and I …
Read More »Warehousing demand to grow around 160% in 2021, e-commerce & 3PL emerges as largest occupiers: JLL
According to the JLL report ‘India Real Estate Outlook – A new growth cycle’, despite unfavourable socio-economic environment, warehousing stock in top eight cities, which includes, NCR Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata, Hyderabad and Ahmedabad has added 27 million sq. ft to reach a total of 238 million sq. ft. in 2020. Further, the demand is expected to grow around 160% to reach 35 million sq. ft in 2021 if the external conditions stay stable, mainly if there is no relapse of COVID / lockdown and so on. Probably over the next one to two quarters, a clearer picture will emerge. “In Q4, the market started gaining momentum with highest supply and absorption in 2020 post the lockdown. Industrial spaces witnessed a 13 per cent Y-o-Y growth in total stock in Grade A & B warehousing space in top eight cities. The overall warehousing space stands at 238 million sq. ft at the end of 2020 compared to 211 million sq. ft in the previous year thereby resulting in a net supply of 27 million sq. ft,” said Yogesh Shevade, Head Industrial Services, JLL, India. “Important point to note here is that in 2020 the end -users / tenants have looked for new and innovative ways to taking up spaces on short term / temporary leased of tenure 9 -12 months for leasing of ‘white spaces / unused spaces’ in existing leased warehouse on sub-lease. Unfortunately, these does not get captured in net absorptions (considering these are already leased),” he added. The warehousing and logistics market in India started gaining impetus with highest supply and absorption in the Q4 of 2020. The demand is expected to increase in 2021 …
Read More »Stellar Value Chain Solutions rolls out Infor cloud-based supply chain solution to streamline its warehouse management
Stellar Value Chain Solutions has selected cloud-based enterprise-class supply chain solution from Infor for digitising and streamlining its warehouse management. Easily configurable and available across all distribution centres of the company, the digitalised supply chain service will offer its clients enhanced transparency, visibility and cost-efficiency, accelerate go-to-market strategy and leverage data analytics to identify new market opportunities. “At Stellar Value Chain Solutions, we have successfully initiated a tech-driven supply chain transformation across the country by setting up modern distribution centres following global best practices. Leveraging Infor’s supply chain management excellence and futuristic warehouse management solutions, we have taken the transformation to the next level by rolling out a cloud-based enterprise-class Infor Warehouse Management Systems (WMS) in India. This cutting-edge supply chain solution is scalable and flexible which requires minimal reconfiguration to integrate with the clients’ tech platform. It helps us offer our diversified clientele superior real-time visibility, customised services and data-driven consumer insights. Our world-class tech-enabled supply chain solution will help our clients achieve incremental growth,” said Anshuman Singh, Chairman and Managing Director, Stellar Value Chain Solutions. “Digitization is a fundamental reality for businesses today. Infor is proud to be a strategic partner of Stellar Value Chain Solution’s business transformation journey to help bring disruptive change to the Indian supply chain landscape. We have the deep industry experience to understand the complexities and unique technology requirements of this dynamic and fast-evolving industry,” said Ranga Pothula, General Manager, India Business Unit and Senior Vice President, Global Delivery services, Infor, in adding, “Infor’s purpose-built industry-specific solutions in the cloud will deliver to businesses unprecedented visibility into inventory, orders, equipment, and people to enrich service levels, increase product velocity and ensure support for …
Read More »Shadowfax partners with Vinculum for cutting edge Warehouse Management System
Shadowfax Technologies has announced its partnership with Vinculum to foray into Warehouse Management System across 10 centers to offer E2E services. This partnership will address the growing demand in the E2E category by offering end-to-end services across multiple industry segments like e-commerce, apparel, consumer electronics, auto, etc. Shadowfax plans to set up 50 more centers leading the warehousing space to grow from 5lac sq. feet to 12 lac sq. ft. by March 22. Commenting on the partnership, Abhishek Bansal, Founder & CEO, Shadowfax Technologies, said, “Vinculum is an established player in the WMS space. Our partnership will bring a differentiated offering for enterprises and bring them a host of benefits and features backed by solid technology and people. Speed of delivery and customer satisfaction are the two important features that Shadowfax is focusing on to stay ahead of the competition. Integrated software from Vinculum for picking, packing, and shipping from a central warehouse management platform will bring the fulfillment speed to Shadowfax E2E services provided to our clients reaching their customers swiftly, securely with real-time inventory monitoring.” On this partnership, Venkat Nott, Founder and CEO, Vinculum said, “Buyer behavior has shifted to shopping across multiple online and social channels. Online revenues have moved to over 30 per cent of overall retail revenues and expected to continue growing at a frenetic pace. Brands need to be available in channels where customers shop and are looking to fulfill from all locations where inventory is present including making inventory available with distributors for fulfillment of online orders and deliver direct to consumer. This forces brands to adopt cutting-edge technology platforms like Vinculum and fulfillment options that can best serve the customers’ demands. At …
Read More »Gati-KWE to launch its largest 1.5 lakh sq. ft. Surface Transhipment Centre (STC) in Delhi
Gati-KWE has announced that it will launch its largest Surface Transhipment Centre (STC) in Delhi, in June this year which is spread over 1.5 lakh sq. ft area. To build the facility, Gati-KWE has taken up space at Allcargo Logistics’ 1.8 million sq. ft. logistics park at Farukh Nagar. Located on Western Peripheral Expressway in Delhi, the state-of-the-art, tech enabled STC will offer superior transit time, accuracy in cargo delivery and high locational advantage of access to all major National Highways. The company has plans to come up with four more STCs in the near future. Apart from consolidating Gati-KWE’s logistics operations on the outskirts to decongest the city, the STC adheres to the green belt requirement. The facility has been conceptualised to achieve economy of scale and provide unparalleled customer service. It will have the capacity to process cargo for short-haul deliveries in North India and long-haul movements across the country. “We are setting up our largest STC in Delhi because the region has been witnessing robust economic growth. The advanced express logistics infrastructure at the facility with enhanced operational efficiency, productivity and throughput will emerge as a key enabler of economic growth in that region. The STC will have the capability to process and transport a massive volume of cargo thanks to the technology integration in the operations and time-defined short-haul and long-haul connectivity,” said Bala Aghoramurthy, Deputy Managing Director, Gati. Gati-KWE’s STC in Delhi will benefit its customers by offering express trucking routes across the country to facilitate faster cargo movement and improved transit time. Gati-KWE is also working towards building competence for enabling short-haul movement from the Farukh Nagar STC to Delhi/NCR and the entire North …
Read More »Hiranandani Group to set up logistics and hyper-scale data centre park in West Bengal
Hiranandani Group has entered into a Memorandum of Understanding in West Bengal to set up an industrial, logistics and hyper-scale data centre park in the region which is estimated to cross Rs 10,000 crore. The group has signed an MoU with Hindustan Motors to acquire a 100-acre land at Uttarpara, Kolkata, to set up an integrated logistics and hyper-scale data centre park by Hiranandani Group companies GreenBase and Yotta respectively, the company said in a statement. GreenBase will deliver 3 million sq feet of industrial and warehousing space along with essential utilities and support infrastructure built to international standards. Yotta, Hiranandani’s hyper-scale data centre division, will see a development of 6 hyper-connected data centre buildings bringing in 250 MW of cutting edge data centre capacity over the next several years to the state. The first phase of the industrial and logistics park will be up and running by June 2022 and the first data centre building will be ready by June 2023, the company said. “Kicking off this project would not have been possible without the tremendous support of the Government of West Bengal under the leadership of Chief Minister Mamta Banerjee. West Bengal is the gateway to the east. It is an ideal hub for logistics and industrial development with excellent road, rail and riverine connectivity,” said Darshan Hiranandani, Group CEO, Hiranandani Group. “Simultaneously, the data centre business will benefit from the digitisation revolution, the upcoming Silicon Valley at New Town at Rajarhat and excellent fibre connectivity on land and the new submarine cable coming up at Tajpur. By setting up a data centre park in Kolkata, we will not only serve the customers of the state but the …
Read More »Hero Electric builds hub-and-spoke logistics arrangement for customers in eastern, north-eastern India
EV maker Hero Electric has created a new hub-and-spoke logistics arrangement for serving its customers in the eastern and north-eastern region of the country. Under this, the company has set up a fully integrated storage and handling facility at Patna, which will serve as the hub, initially catering over 80 dealers and later expanded to spare and warranty parts. Besides, the new facility, which will cater to customers across Bihar, Jharkhand, Odisha, West Bengal and north-east region, will also train professionals ensuring the highest levels of after-sales service and solutions to the existing customers, it added. The EV maker already has two such strategic facilities, one each in Ludhiana (Punjab) and Hosur (Tamil Nadu). The setting of a hub at Patna is another step forward in Hero Electric”s plan for expansion to ensure maximum penetration across the length and breadth of the country. “With the doubling of capacity at the plant, and the three strategically located ‘hub and spoke’ distribution arrangements, we will now be able to reach the customers in the farthest corner of the country,” said Sohinder Gill, CEO, Hero Electric India. The company said the move is in line with the government’s vision to promote and foster the adoption of electric mobility in India. The company will further invest in R&D to introduce technologically advanced products that India needs in order to make the switch from internal combustion engine (ICE) vehicles. The new ‘hub and spoke’ logistics arrangement has been put in place to fulfil customers’ choice of a particular model and colour in the shortest possible time, it said, adding that the hub has been created through a large, fully integrated storage and handling facility at …
Read More »Safexpress opens its 59th Logistics Park in Rajpura, Punjab
Strategically located on Banur-Tepla road, NH205A, Safexpress has opened its state-of-the-art ultra-modern logistics park in Rajpura. Rajpura is a hub for various industries in India, and several well-known brands have their manufacturing plants located here. The development is on a land area of over 3.50 lakh square feet. The park is enabled with state-of-the-art transhipment and 3PL facilities. It will boost the industrial growth of this region. The park enables loading & unloading of over 100 vehicles simultaneously. Safexpress has taken special environment-friendly initiatives at the park by investing in rainwater harvesting system, developing a special green zone and using natural sunlight during the daytime to conserve energy. Supply chain & Logistics has a very crucial role to play in the development of numerous industries spread all over Punjab. Safexpress Logistics Park at Rajpura will help greatly in minimising the infrastructure gaps and serve the supply chain & logistics requirements of the entire Punjab region.
Read More »CEVA Logistics opens 10,000m² warehouse in Vietnam, strengthening its presence in South East Asia
CEVA Logistics has further expanded its reach in South East Asia with the opening of a new warehouse located in Bien Hoa City, Dong Nai Province in Vietnam. Strategically located to the north east of Ho Chi Minh City, this new facility has a range of convenient connections to the Eastern Economic Zone as well as the city. The new facility will support customers’ storage and distribution needs including value-added services across various industries. CEVA Logistics’ multi-user distribution centre spans 10,000m² and is designed to provide storage and fulfillment solutions with value-added services such as co-packing, labelling, kitting and consolidation services for B2B and B2C distribution across Vietnam. The facility will act as CEVA Logistics’ main hub for south and central Vietnam, leveraging CEVA Logistics’ in-house warehouse management system capabilities and suite of solutions supporting global and local customers in a fast-growing environment. Elaine Low, CEVA Logistics’ Regional Managing Director South East Asia & Pacific Region, says, “This new facility allows us to continue to expand our capabilities in support of our customers’ growth in Vietnam complementing our air, ocean and ground services. It will provide customers with additional storage and various services to meet their rapidly expanding supply chain needs in the country. Its strategic location means customers will also be able to take advantage of new transport infrastructure coming to the region as economic growth gathers further momentum.”
Read More »Gujarat govt inks MoU with APSEZ to develop air cargo complex & multi-modal logistics park
Gujarat government has inked an agreement with the Adani Ports and Special Economic Zone (APSEZ) to explore possibilities of development of a dedicated air cargo complex and multi-modal logistics park in the state at VirochanNagar near Sanand, Gujarat,” Adani Ports and SEZ said in a regulatory filing. APSEZ informs that the aforesaid evaluation is subject to various regulatory and legal permissions/ approval and clearances including land acquisition. “We will announce any such development as and when any concrete decision is reached in such matters after evaluation,” the filing noted. Shares of APSEZ were trading 0.46 per cent higher at Rs 525.85 apiece on BSE. According to the state government, the project will be completed in a phased manner in three years as the work will commence within six months after obtaining required clearances and permissions. Spread across 1,450 acres, the park near Sanand will attract investments worth Rs50,000 crore
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