Category Archives: Supply Chain

From the pages of CargoTalk: Capturing data at every point is the need of the hour: Nihar Parida

Calling digitalising the complete supply chain a need of the hour, Nihar Parida, Industry Expert & Supply Chain Consultant, says, “Data at every point should be captured as much as possible. Also, data analysis should happen at a single point and not in silos.” He continues, “During the change in tax from local sales tax to VAT, most organisations opened warehouses in every state. The moment GST was declared; the finance and logistics fraternity started exploring how they could consolidate their stocks in few warehouses as the state borders became obsolete from the tax point of view. For the first time, the logistics people started thinking of inventory from a logistics cost saving perspective rather than a tax saving perspective. But again most were guided by the common thought of consolidation. The LSPs also started selling the idea to ensure they could save cost in their multi-user facilities. The distribution factor was side-lined. The transporters and the courier companies were in the limelight.”

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Govt to create national logistics law to promote growth in the sector: Commerce Ministry

“In order to streamline the logistics eco-system in the country, a National Logistics Efficiency and Advancement Predictability & Safety Act (NLEAPS) is under consideration,” informs, Pawan Agarwal, Special Secretary (Logistics), Ministry of Commerce & Industry at a webinar organized by the PHD Chambers of Commerce. Stressing on defining the various elements in the logistics sector, he says, “What the logistics sector is all about is not very clear to us as of now. The government is considering replacing the multimodal transportation of goods law with national logistics law to promote growth of the sector.” “The high logistics cost of country is impacting the competitiveness of domestic goods in the international market. India’s logistics sector is highly fragmented and the government aims to reduce the logistics cost from the present 14 per cent of the Gross Domestic Product to less than 10 per cent,” tells Agarwal. He continues, “During the times of COVID-19, there has been a disruption in the supply chain and movement of truck with many of the supplies diverting to the rail; making it a reliable and cost effective mode of transportation. In these indispensable times, we have realised the importance of essential services with their regular supply chains,” he adds. According to Agarwal, digitisation of logistics is the need of the hour which will increase the efficiency in movement of goods. He also informs that the government is working on creating digital platforms and mobiles apps for logistics such as warehouse information tracking and trading yard (WITTY), among others to mapping of warehouses. Agarwal believes that logistics is a sector that needs to realise the vision of ‘Aatma Nirbhar Bharat’.

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Holisol adds Automated Sales Centre (ASC) to enable faster fulfillment capabilities

Facilitating omnichannel e-commerce, Holisol has scaled up the fulfillment capabilities by adding self-serving ‘Automated Sales Centre (ASC)’, a tech-based solution that enables 24×7 touch-less buying of product. Along with this, the company has created a strong and tech-enabled network of pick-up centres, customer experience centres, rapid fulfilment centres, return/refurbishment centres, dark Stores, exchange stores, omni-channel fulfilment centres and collection centres enabling seamless omnichannel shopping experience for the end customer. “Our focus is, how to increase the accessibility of the consumption market for the customers, especially during the crisis. By enabling distributed inventory model and placing them closer to the consumption market, we aim to make our customers’ supply chain responsive and enable faster fulfilment”, states Rahul S Dogar, Managing Director, Holisol. “The biggest value addition has been to let our customer focus on sourcing and selling, leaving all else in between to us. With our tech-enabled omnichannel network we will speed up the fulfilment including instant, same day or next day fulfilment to increase the sales throughput of our customers,” he adds.

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FarEye partners with Blue Yonder to bring real-time visibility in supply chain

FarEye has announced partnership with Blue Yonder to drive seamless interoperability between legacy infrastructure and modern supply chain and logistics tools. The joint capabilities of both organisations will bring predictive and real-time visibility to supply chains across manufacturing, retail distribution, logistics, and ecommerce. The joint solution can be accessed through Blue Yonder’s LuminateTM Platform. The Luminate Platform combines rich internal and external data from across a customer’s digital supply chain assets to allow for smarter, more actionable Artificial Intelligence (AI) and Machine Learning (ML) based business decisions. “Globally, approximately 30 per cent of spend on logistics to tackle inefficiencies is creating an opportunity to save US$ 1000 billion. Together, FarEye and Blue Yonder aim to capture this market with their joint offering, which will provide an exceptional customer experience in the last mile,” says Kushal Nahata, CEO, FarEye.

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CBIC launches e-Office application in 500 CGST and Customs offices

M. Ajit Kumar, Chairman, CBIC has launched the e-Office application in over 500 CGST and Customs offices across India. The e-Office application was launched remotely in the presence of over 800 senior officers of CBIC. Dr Neeta Verma, DG, National Informatics Centre, (NIC) was also present. Over 50,000 officers and staff will use this application making CBIC one of the largest Government departments to automate its internal office procedures. The CBIC expects e-Office would complement its other IT led reforms which are directly aimed at enhancing the ease of doing business for the trade and industry. The launch of e-Office is one more measure taken by the CBIC in leveraging technology for providing a ‘Faceless, Contactless and Paperless’ indirect Tax administration.

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Agriculture ministry sets up wing to drive investment in cold storages & food supply chain

To modernise farm logistics and supply value chains in line, the agriculture ministry has created a cell. The decision has taken after the recent announcements of reforms in the sector by Finance Minister Nirmala Sitharaman. The reforms cell will help coordinate efforts to streamline supply and transportation of farm produce, and also aid projects to add value to primary farm goods for better prices to the farmers This includes making amendments to the six-decade-old ‘Essential Commodities Act’ and pushing two ordinances which will free up farm trade from all restrictions and guarantee a legal framework for pre-agreed prices to farmers. The government hopes that scaling back the ECA, 1955, will help drive up investment in cold storages and the food supply chain. Cold storages are refrigerated warehouses that can store perishables for up to six months. Refrigerated old stocks can cool food prices in times of scarcity.

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FFFAI hosts webinar on measures undertaken by CBIC amidst pandemic

Federation of Freight Forwarders Association in India (FFFAI) has recently organised a webinar with M. Ajit Kumar, Chairman, CBIC to discuss the initiatives required for maintaining critical supply chain in India during the Covid-19 pandemic. Sharing the struggles faced by customs brokers community during the Covid-19 times, A.V. Vijaykumar, Chairman, FFFAI, says, “The customs officials and customs brokers both were in the frontline to make sure that wheels of economy did not stop due to the stagnation of import and export handling during lockdown.” Acknowledging the effort taken by customs brokers in this crisis, Kumar says “It requires lot of courage to work in these times; even in the initial days when there was no permission to move, customs house agents took the pain to help us in the crucial function of clearing essential goods supply which was required by the country that time.” Talking about the future plans, Kumar commits, “By the end of December 2020 we will ensure the faceless assessment of cargo pan India. We will try to see that there will be no physical contact required between any importer, exporter, custom house or custom broker.”

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Maersk begins cold chain logistics to export grapes from Nashik and Sangli to North Europe

Maersk has started end-to-end cold chain logistics solution for exporters shipping grapes from Nashik and Sangli to North Europe. With this service, Maersk offers end-to-end cold chain logistics solution for grapes’ exporters from Nashik and Sangli thus improving the overall turnaround time into North Europe by four days. Steve Felder, Managing Director – South Asia, Maersk, said “Nashik is a priority market for the exports of grapes from India. With our end-to-end cold chain solutions, we aim to enable the exporters to take their grapes from Nashik to North Europe with a fast turn-around time, and with more simplicity.”

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ACBA organises training program for members & staff

Ahmedabad Custom Brokers Association (ACBA) tied up with Logistics Skill Council to impart one day program on ‘Recognition of Prior Learning’ at Ahmedabad. Around 220 candidates from logistics industry had attended this training program and 194 candidates has successfully appeared for examination after completion of session. Samir J. Shah, Ex-Chairman, FFFAI & Chairman, ACBA has explained about the recognition of prior learning and benefits of the same. He also explained the upcoming changes in Indian customs, shipping and logistics. The program not only helped candidates to sharpen their knowledge but get the deep idea of the changing pattern and scenario of logistics Industry in coming time. “ACBA will organise same type of training session in upcoming days for the betterment of logistics industry informs,” Kartik Pancholi, President, ACBA.

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Skyways Group launches sKart as a one-window solution for all logistical requirements

In its pursuit for innovation and pioneering efforts in the technological application tools, Skyways Group launched a web-based business venture sKart. S.L Sharma, Chairman, Skyways Group stressed on the importance to move proactively on the digital journey which has changed the logistics landscape. Skart is 100 per cent cloud-based logistics industry software which will enable every small, SME and even big-ticket company to procure best in industry services for courier and express shipments to expand their businesses at a place of their convenience. The software has ERP which enables its customers to generate labels, provide real-time information, manages records etc. It manages all databank of KYC, labels, MIS etc online which allows its customers to access them at any time.

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