Category Archives: Supply Chain

TCS partners with TPT South Africa to build an online logistics marketplace

Tata Consultancy Services (TCS) has partnered with Transnet Port Terminals (TPT) in South Africa, a state-owned freight transport and handling company, to develop an integrated online marketplace platform by bringing together cargo owners, shipping lines, clearing and forwarding agents, and road/rail haulers. Both the companies aim to create a platform named Cargo Connect, which will function as an online logistics marketplace where customers can submit logistics related requests and allow service providers to bid online. Customers will be able to select the preferred proposal and award the cargo contract to that bidder. Expected to be ready in 12 months, the Cargo Connect marketplace will reshape the industry and drive TPT’s growth. Sharla Chetty, Chief Information Officer, TPT, says, “A major feature of this solution is a logistics marketplace which will function in the same manner as existing market platforms in the transportation and hospitality industry. Customers could tender logistics requests on the platform and allow logistics service providers to bid and potentially be selected to undertake a logistics service.” Siyabulela Mhlaluka, General Manager, Sales and New Business Development, TPT, said, “The new solution will help us bring all logistics players under one platform, create transparency in the industry, as well us power the next leg of our growth journey.” “TCS has been partnering with progressive organizations across the world to develop new technology-enabled business models that power their growth and transformation journeys,” said Sumanta Roy, Head, TCS Middle East, Africa, and Mediterranean.

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Driverless vehicles & drones are the new mantras for success: V Raju

Explaining whether India is ready for driverless vehicles and drones, V Raju, Senior Vice President CL – Chemical, Pharma & Food Sector, Avvashya CCI Logistics at at CargoTalk’s fourth digital conclave, “At a moment it seems like a distant dream. But in 1970s or 80s we used to have human labour force working for the loading and unloading of cargo and every single activity was done only by the labour. And, if the labour was not in sufficient numbers the cargo operations used to come to a halt. Unloading a truck used to be dependent through metallic plates or metallic panels which used to rest against the trucks and the cargo used to be slit down those metallic panels. However, today things have gone to the scientific level. The entire planning in warehouse has been done by WMS; we never used to have them in the past. The forklifts, stackers are now battery operated ones; we never used to have even ordinary forklifts. This is how things have changed over a period of time.”

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Industry players with robust supply chain survived the pandemic: Amit Malakar

Amit Malakar, Chief Customer Officer, Welspun One talks about the lessons to be learnt from the pandemic at CargoTalk’s fourth digital conclave. He says, “COVID-19 has taught us few things, such as, how important it is to be digital in our business, consumer’s direct connection to brand and having multiple stock points rather than one to fulfil the demand quicker, to name a few. We have realised that industry players with robust supply chains and those who were well stocked and well replenished were the ones who survived. Calling logistics industry an important contributor to our economy, he continues, “There has been a lot of talk about warehouse consolidation over the last five years and now the government is also keen and trying to reduce some cost of supply chain. The warehousing industry has also got infrastructure status. Hence, things are moving in the positive direction in this industry.”

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E-commerce proves to be an important part of business during COVID: Naveen Rawat

Sharing the challenging times given by COVID-19, Naveen Rawat, Director & Co-founder, Holisol Logistics, at CargoTalk’s fourth digital conclave says, “Things have started looking better especially on the e-commerce side. For many of our customers for whom e-commerce was just a secondary channel and their primary channel was selling from their stores have now realised that e-commerce is not a filler but a very important part of their business. In the last four to six weeks the business has gone up to 50 per cent from a single digit market share of e-commerce. Rawat is sure that this change is not only a temporary measure but even as and when things go back to normal, e-commerce would still be an important kind of channel for them. The growth percentage might not stay at 50 per cent but it will not go into single digit and will definitely not go back to pre-COVID level.

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o9 Solutions partners with Google Cloud to deliver supply chain solutions

In order to enable customers with supply chain solutions on Google Cloud, o9 Solutions has announced a strategic partnership with Google Cloud. The new partnership extends the reach of o9 to companies looking to transform their capabilities around demand sensing and forecasting, supply chain planning, assortment planning, integrated business planning and more with the global infrastructure and deployment options that Google Cloud enables. The wide-ranging partnership will specifically target leading retail, consumer product manufacturer and telecom companies with unique capabilities to scale with o9 and Google Cloud. “The COVID-19 crisis has exposed significant weaknesses in how organisations run their value chains today,” said Igor Rikalo, President & COO, o9 Solutions. Data remains critical for effective planning, and Google Cloud’s data sources and scalability are key to deal with this new level of complexity. In addition, o9’s Enterprise Knowledge Graph (ie Digital Brain) is able to convert data (structured and unstructured, external and internal) to actionable insights to drive improved decision making.

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FarEye raises additional US$ 13 million to enhance its delivery platforms

FarEye has raised an additional US$ 13 million as an extension to its Series D investment led by The Fundamentum Partnership and KB Global Platform Fund. The investment will accelerate company’s global expansion to address the steepening digital curve for logistics transformation. The need is being further accelerated by enterprises and end consumers demanding a high level of transparency, faster and more convenient delivery experiences. There is also an increased need for flexible supply chains to meet these demands. “We are seeing a surge in the need for real-time visibility in logistics for businesses to build customer-centric supply chains. With recently raised funds, we will continue to invest in the best talent in the Americas, Europe, and APAC to support our hyper-growth in these regions. With a vision to make FarEye one of the most customer-centric organizations globally, we aim to make every delivery delightful for the consumers.” said Kushal Nahata, CEO, FarEye.

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CargoTalk announces its fourth digital conclave to be held on August 25

CargoTalk is all geared up to host the fourth conclave on August 25, 2020 from 10 am to 12:15 pm. The virtual summit is divided into two one-hour sessions and will have eminent speakers from Ministry and trade. The summit will discuss the significance of going contactless in logistics industry and how warehousing industry is withstanding the e-commerce boom, especially in this hour of need. Speakers will include Pawan Kumar Agarwal, IAS, Special Secretary (Logistics), Ministry of Commerce & Industry, Government of India, Cyrus Katgara, President, Air Cargo Forum India, V Raju, Senior Vice President – CL – Chemical, Pharma & Food Sector, Avvashya CCI Logistcs (All Cargo Group), Satish Lakkaraju, Chief Commercial Officer, Agility Logistics and John Thomas, Group Director, Realistic Realtors & Reach Promoters and Director at CIRIL (Commercial Real Estate Advisors)

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Smart logistics & better distribution skill to enhance retail business: Piyush Goyal

Commerce Minister Piyush Goyal says digital is the way forward. Inaugurating the PHD Virtual Retail Supply Chain Expo, the minister emphasises on how COVID has altered consumers’ purchasing pattern. He says, “More and more people are moving online for purchases. Hence, retail trade will also have to shift to new strategies to align them in the evolving consumers’ preferences. Retail will also evolve by engaging with both the physical and digital world. Smart logistics and better distribution capabilities will built up and supply chain will also progress using modern tools and modern technologies. “Transparency has become very important element in businesses. To build business, both at the production & manufacturing level and distribution & supply chain, we have to look at artificial intelligence, chatbot, augmented reality, virtual reality, IoT, blockchain technology,” he adds.

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Holisol launches ‘Verdis Visibility’ for higher level of supply chain performance

Holisol Logistics has launched ‘Verdis Visibility’ to provide complete end-to-end visibility of supply chain processes in terms of the key parameters relevant to the organisation. Verdis Visibility is a part of company’s AI and ML-driven supply chain solutions system. The integrated flow of material and information is captured and easily available in the ‘dashboards’ of Verdis Visibility, in real-time, automated and online manner, enabling monitoring, analysis and quick decision making in the complex supply chains of today. “Verdis takes a deep dive into the organisation’s wide data (structured & unstructured) to connect the variables and identify a pattern to build the opportunity intelligence to realise its full potential,” says Rahul S Dogar, Co-Founder & Managing Director of Holisol Logistics.

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ACFI completes its 8 successful years

Serving the air cargo logistics industry, its members from the entire segments of air cargo logistics industry and the nation, Air Cargo Forum India (ACFI) has completed its eight constructive and successful years. With the objective of developing the air cargo logistics and supply chain industry and for bringing improvements in the movement and processing of EXIM trade with the help of the government regulatory agencies, ACFI was formed in the year 2012. After completion of two successful years (2018-19 to 2019-20) term of previous ACFI Governing Board, ACFI in its 8th Annual General Meeting (AGM) followed by its 63rd Board meeting held on July 17, 2020 has announced the new ACFI Governing Board members for the next two years i.e. 2020-21 to 2021-22 taken over charge under the leadership of Cyrus Katgara, Partner M/S Jeena & Co. as President of ACFI. Air Cargo Forum India (ACFI) is the only nationwide association having representation from the entire air cargo logistic supply chain industry i.e. Airport Operators (Government & Private), Freight Forwarders, Airlines, Customs Brokers, Cargo Terminal Operators, Bonded Truck Operators, General Sales Agencies, Express Industry and the Associations of these individual stakeholders. In the international collaboration ACFI is the member of The International Air Cargo Association (TIACA) and an Association Member of PHD Chamber of Commerce & Industry in India.

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