Category Archives: Supply Chain

COGOS has ramped up its fleet by more than 1000 vehicles to meet the festive demand. This new addition of fleet will address the surge in demand during the festive season which is expected to be high till the end of Q3, FY 2021- 22 According to reports, this festive season has seen a 100% spike in demand from Tier 2 & Tier 3 markets. With the additional fleet, COGOS also expands to 30 new towns and improves reach. COGOS has seen a huge hike in demand for E-Commerce and FMCG Retail. However, this year segments like pantry products, beverage and pharma have also seen an uptick. There is an increase in demand observed for Mini Trucks 1 tonne & 2 tonne and medium trucks above 4 tonne. During this season, driver fleets are ensured higher earnings. Every driver on the COGOS platform enjoys the season perks, and payouts are increased by 15% during the festive peak. In the foreseeable future, COGOS plans to continue to work with the newly added driver fleet for the quarter. Prasad Sreeram, Co – founder & CEO, COGOS said, “This festive season we are observing about a 100 % increase in demand from last year. With the COVID subsiding, consumers are willing to spend. Tier 2 and Tier 3 cities have witnessed good demand which has led to the spike in demand for inter and intra-city logistic services. We have massively improved driver onboarding making it easier, simpler, faster and thorough at the same time to ensure a faster response in the festive season.”

FM Logistic aims to double its revenue to €3 billion in 2030 with a strategy centered on omni channel supply chain services, urban logistics, sustainability, distribution and customer experience. The company outlined its strategy, “Powering 2030”, at a press conference in Pune. FM Logistic aims to become a reference partner in the field of sustainable, omnichannel supply chains. Earlier this year, the company introduced its new tagline, “Supply Change”. The new tagline acknowledges that supply chains must transform to foster a more responsible consumption and sustainable economy. Alexandre Amine SOUFIANI, MD, FM Logistic India, asserts, “Despite the economic turmoil caused by the COVID-19 pandemic, FM Logistic in India has proved its resilience. We recorded a growth of 58% in turnover during the first half of this financial year and we aim to finish the year at 35-40% growth. In our endeavour to become the reference partner in the field of sustainable omnichannel supply chains in India, we continue to carry out our expansion plans and reinforcing our offer of end-to-end supply chain services. We are focussed on developing Grade A Multi-client Facilities (MCFs), dedicated warehouses near our customers’ manufacturing centers, and modern urban logistic hubs – all interconnected with an agile and dense transportation and last mile delivery network. We continue strengthening our value added services like copacking, automated labelling and last stage customisation for digital marketplace readiness. ”

After revolutionizing India’s steel buildings manufacturing market with the introduction of Pre-Engineered Steel Buildings (PEB), Kirby Building Systems sets its eyes on furthering the industry as it expands toward a third India-based facility in Gujarat. The global steel building powerhouse, part of Kuwait’s Alghanim Industries, one of the largest privately owned companies in the Middle East, broke ground on its new 114,000 m2 facility, with operations commencing by October 2022. Kirby India already operates in Hyderabad and Haridwar with an extensive PEB manufacturing capacity that supplies to the Indian market. With the new Gujarat facility soon to be added to Kirby’s arsenal, the company aims to revitalize the local economy with hundreds of new jobs, as well as plans to double the employment capacity in near future. Alongside this economic stimulus, Kirby India’s manufacturing will boast a higher metric tonnage (MT) among its trio of facilities, rising from 200,000 MT to 300,000 MT per year. “We are proud to announce a third addition to our Kirby India fleet in Gujarat,” said D Raju, MD – Kirby India and Head of Kirby International. He also expressed his gratitude to the authorities of Gujarat, adding “Our expansion in Western India reflects our commitment to maintain our innovative spirit in the PEB industry, while ensuring we meet the needs of our customers and energize our immediate economy with jobs and services alike.”

Emphasising on the need of the multi modal trasnportation in order to be more efficient,Yuvraj Sharma, Cluster Head, Sales and Marketing, India, Sri Lanka and Maldives, Kuhene+Nagel, said, “Today’s enviornment does not just demand to get into a multi modal option for servicing our customer but, it is the need since we have capacity issues, congestions happening, time definite deliveries. All of this require multi modal as a cost effective and time efficient mode of moving goods from one place to another. From logistics performance index point of view, India is today ranked at 44. Multi modal is definitely one way that can not only help in avoiding the challenges we face in today’s time we are working in and improve from the transit point perspective also. And see India becoming a leader not only in the export supply chain but also in the import supply chain.”

Explaining on how the country’s economy will be benefitted with the multi modal way of transportation, Chander Agarwal, MD, TCI Express said, “India is on the cusp of becoming a $5 trillion economy meaning that the logistics cost is going to be $1 trillion approximately. This is a great opportunity for the logistics companies to enhance their capabilities and become leading service providers in the country. Multi modal will benefit the Indian economy in a big way because of a vast coastline and land area. Multi modal may help in bringing down the cost for the logistics sector, moreover, the overall efficiency and the transfer of goods from manufacturer to consumer will be at a much faster pace.”

Showing way forward on multi modal transportation of logistics, Xerrxes Master, President, AMTOI, said, “Multi Modal is the only optimal logistic solution where the best mode of transport is chosen with the most cost effective and time efficient manner. Finally, the Indian government has recognized the importance of multi modalism by renewing the old Multi Modal Transportation of Goods Act 1993. AMTOI has been actively involved with the Government in policy formulation, also to become a self regulating organisation for the benefit of it’s members. Multi modalism is carried out by all the three modes of transportation where a contract can be executed by different modes of transport under one single document which is the essence and the basis of multi modalism.”

CargoTalk’s virtual conclave on Multi Modal Logistics was a big success. With a lot insightful information from our expert speakers, the discussion on the said topic were informative as to how multi modal logistics is revolutionising the supply chain by transporting the logistics faster and more efficiently. With the focus on Multi Modal in the new normal world, the summit also discussed the significant role played by it in the transportation of logistics globally. Also how technology is supporting the movement of logistics in a more efficient manner. The industries across have well adopted to the changing dynamics of different modes of transportation in the supply-chain interactions and of their internal operations. Esteemed speakers included Xerrxex Master, President, AMTOI, Chander Agarwal, Managing Director, TCI EXPRESS Ltd. and Yuvraj Sharma, Cluster Head Sales and Marketing, India, Sri Lanka and Maldives, Kuhene+Nagel.

CargoTalk is organising a digital conclave on October 25, 2021, from 11.00-12.00 pm. The virtual conclave is about Multi Modal Logistics and how it is revolutionising the supply chain by transporting the logistics faster and more efficiently. The conclave will have eminent speakers from across the industry. With the focus on Multi Modal in the new normal world, the summit will discuss the significant role played by it in the transportation of logistics globally. The industries across have well adopted to the changing dynamics of different modes of transportation in the supply-chain interactions and of their internal operations. Esteemed speakers will include Xerrxex Master, President, AMTOI, Chander Agarwal, Managing Director, TCI EXPRESS Ltd. and Yuvraj Sharma, Cluster Head Sales and Marketing, India, Sri Lanka and Maldives, Kuhene+Nagel.

Express distribution leader Gati has ramped up its network capacity by 25% by adding 100 line haul trucks to its innovative flexi network to connect the demand locations. Thus, Gati aims to cut down the dwell time further in view of the huge spike in demand during the festival season, billed as the stress-test time for supply chain players. The additional trucks in the special flexible network based on the market and route dynamics, will connect the key locations to ease the pressure of servicing the demands. The network will reduce dwell time from existing 9% to 5%. As many as 19 such grid locations including Delhi/NCR, Mumbai, Bangalore, Ahmedabad, Hyderabad, Chennai, Pune, Indore and Kolkata have been identified for the purpose. “We are ready for the festival ride and meet the increased demand during the upcoming season. The network capacity will be enhanced by 20-25% while the workforce will be strengthened by at least15%. We are planning to leverage at least 20% of existing facilities further to manage the peak season load. Overall, we expect a 15% increase in productivity per person. We are tech enabled, especially in the area of artificial intelligence, to meet the purpose. We have set up a monitoring system already in place to ensure a better transit time for the customers. Our aim is to ensure a delivery efficiency of 95%+,” said Charles Devlin D’Costa, Chief of Supply Chain Operations, Gati KWE

DP World, a leading global provider of end-to-end logistics solutions, plans to develop logistics infrastructure in the state of Jammu & Kashmir. An MoU was signed between the Government of Dubai and the State Government of Jammu & Kashmir in the presence of Piyush Goyal, Honourable Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, Manoj Sinha Honourable Lieutenant Governor, Jammu & Kashmir, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “DP World is committed to invest in the logistics infrastructure and facilities to connect Jammu & Kashmir with other domestic markets in India and India with the rest of the world. We are in the process of identifying logistics opportunities in the state with the aim to connect local traders with new markets in India as well as globally. We want to support Indian MSMEs and help them realise better margins with an efficient supply chain that reduces their cost of Logistics.”