‘Develop warehouse infra to improve logistics efficiency’

Arif A Siddiqui, Vice President, Warehousing Association of India (WAI) and Founder & Director Coign Consulting shares his views on the National Logistics Policy, he says, “National Logistics Policy will help to develop a technologically enabled, integrated, cost efficient, resilient, sustainable and trusted logistics ecosystem in the country for accelerated and inclusive growth.” He adds, “This vision will be achieved by integrating the modes of transport, optimizing and utilizing logistics infrastructure, standardizing processes and service quality, modernizing technology and upgradation of infrastructure and formalization to reduce fragmentation in the sector. This will reduce cost of logistics in the country, improve Logistics Performance Index (LPI) and create data driven decision support mechanism for an efficient logistics ecosystem. One of the strategies close to me for achieving the above objectives will be to enable the development of comprehensive world class warehouse infrastructure that will facilitate the improvement in efficiency, productivity and service quality by standardization of specifications and use of technology, automation and digitization of the operations. On the other hand development of a robust framework for logistics parks to streamline approval processes to facilitate investments.”