Logistics Insider - February 2023

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Dear Reader,

With so much happening all around us, the February issue of Logistics Insider magazine takes the industry’s sentiment on the Union Budget 2023, along with supply chain leaders’ perspective on supply chain adaptability in our Cover Story. We also have interviews and guest columns from noted people of the industry.

The pandemic, the war, and countless other disruptions have made the industry realize why it is absolutely vital to upgrade your business and make it move to the tune of changing times. The practice of running adaptive supply chains has been gaining momentum in the last few years and this is what our Cover Story digs into, this month.

Here’s the line-up of this month’s stories:

Cover Story: 2023 Word of the Year - Adaptability
Special Feature: “More Hits than Misses” Industry Reacts to the Budget 2023
Feature: Nearshoring - Supply Chains’ New Kid on the Block?
Tech Talk: People-centric Digital Supply Chains for The Win

Check out the interviews which we have brought for you:

Mr. Rahul Gupta, Senior Vice President - Procurement (Europe, India & Central Asia), Amway India
Mr. Vinay Kumar, Head of Supply Chain, Modi Naturals Ltd.

In the EXIM Vidya segment, Mr. Pramod Sant (Former Vice President - Head of Import Export and Customs, Siemens) shows the road ahead for Faceless Assessment.

Mr. Eric Linxwiler, Senior Vice President of Retail Solutions at Tradebeyond talks about the relationship between digitalization and supply chain agility. We also have guest columns in which Mr. Arjun Naik, Founder & CEO of ScanDron talks about How Drone Deliveries will fare in 2023, and Mr. Ingo Kloepper, Global MD of WeFreight writes a column on Emerging Markets’ Logistics Outlook.

Stay knowledgeable, stay ahead in your game!

"More Hits Than Misses" INDUSTRY REACTS TO THE BUDGET

The major aspects of this year's Budget, which are connected to the supply chain and logistics sector, will focus on promotion of railways and coastal shipping as cost and energy efficient modes of transportation, creation of critical transportation infrastructure, urban infrastructure development, sustainable development (green growth), creation of skilled workforce, providing support to MSMEs and revamping the tax and duties structure. In this special feature, we take a look at what the industry thinks about Sitharaman's proposals this year.

4 mins

2023 WORD OF THE YEAR ADAPTABILITY

Volatility, uncertainty, complexity and ambiguity make up the VUCA world and a critical trait to sustain in this world is adaptability. A trait that enables supply chain leaders across the world to upgrade the way they work and enable business. continuity. With back to back disruptions becoming a norm of the new post-pandemic world, adaptability has emerged as a keyword in the books of supply chain leaders. In our cover story this month, we asked a few of such leaders about their thoughts on adaptability, its potential and the way it is transforming traditional supply chains.

10+ mins

AMWAY INDIA Keeping customers, suppliers and the environment close in the walk towards success

Operating since over two decades in India, Amway offers around 10 brands and thousands of SKUs in nutrition, home, beauty and personal care products. It also takes pride in its contributions towards Make in India and driving a sustainable supply chain. With a global presence in more than 60 countries Amway's complex supply chain network includes a global warehouse management platform that improves inventory management and traceability, increases throughput and helps standardise business processes worldwide. In this interview with Logistics Insider, Rahul Gupta, Senior Vice President Procurement (Europe, India & Central Asia), Amway India gives insights into some interesting facets of their supply chain.

5 mins

NEARSHORING Supply Chains' New Kid on the Block?

As the pandemic crippled supply chains around the world, industry leaders realised the urgency of improving connectivity with their buyers and suppliers. Adding fuel to the fire are the COVID-related restrictions on entry and exit into China even two years after the disease took over the world and the war between Russia and Ukraine which led to several disruptions in cargo movement through Eastern Europe. In such a scenario, Nearshoring gaining strength as a concept seems only fair and obvious. With this piece, we try to simplify as well as gauge the concept in its entirety.

6 mins

"THE LAUNCH OF AMAZON AIR WILL HELP US DELIVER AN EVEN WIDER SELECTION FASTER"

Amazon has been at the forefront of the global e-commerce industry and has made significant contributions to its supply chain in all regions it operates in. Same goes for India, where Amazon has been picking up investment pace in terms of warehouses and transportation.

3 mins

Emerging Markets Logistics Outlook 2023-Asia

While 2022 marked a slow economic recovery from the Covid-19 disruptions, 2023 W will see international markets still struggling to break free of the financial quicksand created by the pandemic.

5 mins

People-centric Digital Supply Chains For The Win

As tech innovation continues to make life easier, the debate about the inescapable future of Al continues, putting into question the role and importance of people. Many believe that as tech develops, it will be the answer to all the problems. While the efficiency and consistency brought by technology into a business are unquestionable, we see if that is enough. We explore the importance of people in the supply chain and logistics ecosystem and take the word from the experts that people-centric digital innovation is the need for modern supply chain.

5 mins

MODI NATURALS Doing it Right

Commencing its journey in 1974, getting listed at the Bombay Stock Exchange, and entering the consumer division in 2012 with the brand Oleev, Modi Naturals Ltd. has come a long way. Over the years, the organisation has been adding new product portfolios to its lineage that have now become household names.

5 mins

FACELESS ASSESSMENT

A Right step, but still a long way to EODB

4 mins

Coldman Logistics launches 7,000 Pallets Capacity Temperature Controlled Warehouse in Kolkata

Understanding the need to address the capacity demands in the cold chain sector and to improve the overall cold chain infrastructure, Coldman Logistics has recently announced the launch of its new state-of-the-art temperature-controlled warehouse with a capacity of 7,000 pallets in the capital city of West Bengal.

1 min

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Logistics Insider is the most-read logistics industry magazine which aims to deliver industry news/opinion articles/industry stories first to the industry stakeholders.