India is at an evolving stage of contract logistics and companies here are pursuing shippers to experience the best in supply chain practices. Founded in 2016, Stellar Value Chain Solutions has a warehousing space of 4.5 million square feet across 30 cities in India. Sharon Thomas, CEO Contract Logistics speaks to Shalini Nair on how India offers umpteen opportunities, how technology aids in speed to the market and customer, and what business practices can make a company successful.
How are you going to initiate contract logistics in India for last mile delivery?
It is really an interesting question. Before GST (goods and services tax), it would have been really an irrelevant one to reply as people were used to working in the local environment, particularly B2B (business-to-business). There is a phenomenal change happening in India for businesses, which now have an opportunity to actually get a huge economy of scale. As we are a young company, we have not set up any traditional frameworks. Hence, we are looking at large footprints and multi-user sites, where we can directly approach the potential customers, and offer them facilities that meet their standards. India is a very price sensitive market with good negotiating capability. Considering this point of view, we have to start with a promise of bringing additional value at a value price, so that we can engage your customers in the businesses for more cost-effective and efficient solutions.
How is AI changing the shape of retail? How contract logistics is benefitting through the same?
There's a huge benefit of contract logistics, as we come inevitably from old fashioned warehousing, where it was always been dependent on people and communication. Now, the focus is on time and accuracy and we have moved away from the piece of paper which used to handle the documentation process.
Diese Geschichte stammt aus der May - June 2019-Ausgabe von Indian Transport & Logistics News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May - June 2019-Ausgabe von Indian Transport & Logistics News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Smartr Logistics temporarily pauses lightweight (e-comm, BFSI) service
Smartr Logistics has decided to temporarily pause the lightweight e-commerce and Banking, financial services and insurance (BFSI) services under Aerex category.
Flipkart expands network, hiring ahead of The Big Billion Days 2024
Ahead of The Big Billion Days (TBBD) 2024, Flipkart has launched 11 new fulfilment centres (FCs) across nine cities, bringing the total number of FCs in India to 83.
Amazon to enable $13 billion in exports from India by 2024-end
Amazon Global Selling, in the last nine years, has empowered over 150,000 Indian exporters to build globally recognised brands across 18+ international Amazon sites.
TVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada
TVS Industrial and Logistics Parks (TVS ILP) has expanded to Andhra Pradesh with a warehousing facility spanning 13 acres in Vijayawada.
CWC selects Horizon as lead partner to develop warehouses
Horizon Industrial Parks, a logistics platform in India owned and managed by Blackstone Real Estate funds, has been chosen as the lead partner by the Central Warehousing Corporation, a public warehouse operator under the Ministry of Consumer Affairs, Food & Public Distribution, to manage a portfolio of 13 last-mile logistics assets.
Macrotech buys 2 firms to bolster logistics park, warehouse vertical
The real estate firm Macrotech Developers (formerly Lodha Developers) has announced the acquisition of Opexefi Services and One Box Warehouse.
GMR Airports to buy 10% additional stake in Delhi Airport for $126mn
GMR Airports Infrastructure (GIL) has signed a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide (Fraport) for buying its current minority 10 percent equity stake in Delhi International Airport (DIAL), a subsidiary of GIL.
India's APEDA-certified pomegranates debut in Australia
India reached a new milestone in perishable exports by shipping pomegranates for the first time from the farms of India to the people of Australia.
India to export homegrown aircraft, says Civil Aviation Minister
\"We want to manufacture aircraft in India on a large scale, not just to meet domestic demand but to become an exporter of aircraft,\" announced India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, at a press meet after his inaugural session at the 10th edition of PHDCCI Aviation & Air Cargo Summit 2024, held in New Delhi on September 4, 2024.
DP World Mundra achieves record throughput in July
DP World Mundra handled its highest-ever monthly throughput of 1,29,368 TEUs in July 2024.