What Trends Did The Supply Chain Industry Adapt To In 2016?

what-trends-did-the-supply-chain-industry-adapt-to-in-2016

With 2016 having ended and the New Year begun, let us look back at some of the trends that were seen in the supply chain industry. This industry has continually evolved to put up with the changing needs of the companies to meet customer demands. If you wish to get all your logistics, warehousing and other related requirements fulfilled in the best and most efficient way possible with upgraded technologies to meet the continually evolving nature of the industry, you need to join hands with experienced professionals who are experts in the field. One such name is Jayem Logistics who is known to be the best supply chain company in India today. Understanding how different factors affect the supply chain industry remains a top priority that helps to recognize the advancing capabilities of today’s technologies. Listed below are some of the major trends that were seen in 2016 to improve on the implementation of the supply chain processes.

Welcome to Jayem!

jayem

1986

Incorporated first company of the group – Focus – International Freight Forwarding / Customs Brokerage

1986 – 2007

Expanded to many verticals of logistics – Warehousing & Distribution / Road Transportation, Trading (5PL), etc. Hands on Management by Investors

2007

Investors moved to Strategic role – Professional take over Management of Logistics Service Providers (LSPs)

2007 – 2012

Added New Business Verticals – Technology Service Providers (TSPs), Logistics Facility Providers (LFPs) and Financial Investment Providers (FIPs)

2010 – 2012

Entered and exited verticals of Express / Courier

2013

Logistics Vertical added – Records and Data Storage
Technology Vertical added – Repair and Refurbish

2014

Logistics Vertical added – In-City Trucking in a click

2015

Logistics Vertical added – Asset Verification, Tracking and Removals

2016

Records and Data Storage Vertical exited.
Logistics Vertical added – After Market Resolution

“YOUR ORDER, OUR VALUE”

your-order

The classified ways in which Jayem Logistics facilitates value-addition in warehousing for its customers.

Indian warehousing industry is shown to have an affinity to the 9% CAGR growth figure, as per the recent reports. Driven by an increase in production and organized retail, the warehousing sector is the major segment contributing towards the growth and competitiveness of Indian logistics industry. India’s warehousing and cold chain sector is still developing in comparison with other countries.

As the roll-out of GST by the Indian Government is regarded as one of the growth drivers in the logistics industry and its warehousing business, Jayem Logistics (www.jayemlogistics.in) perceives a not-so-great impact on the logistics segment. While the warehouse owners might need to consolidate their smaller warehouses into one, they might be found on the horns of dilemma, when considering the customer’s purchasing power and timely preferences. Hence, cost-saving at the behest of GST needs to be cautiously worked out.

An Economic Times article, dated Dec 20, 2016, states that the demand for warehouse space witnessed a rise in Kolkata in the last two years as manufacturing and consumption majors like Shoppers Stop BSE 2.32 %, Manyavar, Philips, Linc acquired close to 10 lakh sq ft land for warehouses in the city.

“We are seeing a major impact of the Eastern Dedicated Freight Corridor project in the warehousing space in peripheral Kolkata area. The area around the project has got impetus due to large funding from international agencies and the central government. Many companies have expressed interest and the demand is only going to go up as the project takes a better shape,” opines Samantak Das, chief economist and national director, research, Knight Frank India.

our-value

With strong footprints in Kolkata, the principal commercial, cultural, and educational center of East India, scaling up is an easy task for Jayem Logistics, by thriving on its pan-India presence of 1.5 Million sq.ft of warehouse area.

• Whether swinging its flag high in the retail sector or e-commerce space, Jayem Logistics provides value-added services like home deliveries, stores fills and reverse logistics. It has a strong room management for high value items with designated quarantine area for return, refurbish or scrap.

• Jayem offers other value added services like labelling / kitting / bundling of products in the warehouse, especially in retail / health supplements / consumer care products, etc. As every product quality assurance is a must at all levels of distribution, it deals with 100% stock verification on a day-to-day basis and necessitates better visibility for ageing / expired stock through its automation and strong IT support.

• The warehouse size, varying between 2000 sq.ft in a remote location to 2,00,000–4,00,000 sq. ft in metros is hardly a distraction for Jayem, as scaling up rapidly is an art which Jayem has mastered over a considerable period of time. Currently, it manages more than 60 warehouses in 29 cities across India.

• In India, managing temperature-controlled services is on everyone’s checklist. For temperature, sensitive products / goods such as medical supplies and pharmaceuticals, it is essential that the warehouses in which they are stored are attentively controlled. Across 10 locations in India, Jayem Logistics effectively meets such warehousing requirements for one of its medical equipment customer.

• With extensive knowledge in compliances, Jayem help its customers with VAT registration VAT filling, Sales Tax registration and other trade related compliance and procedures. Similarly, Jayem follows strict compliance to FSSAI standards, which keeps them and their customers in everyone’s good books.

Moving in the double-digit growth circle Y-O-Y, Jayem Logistics has given new dimensions to its business verticals transforming the traditional logistics into new age IT “startups”. The current portfolio carries all verticals of LSPs: Inventory Management & Distribution, International Freight Forwarding, Custom Clearance and Compliance Services, Within City Road Transportation, Repair & Reverse Logistics, Trading and 5PL Services, Asset Verification, Tracking and Relocation, After Market Resolution and In — City Transportation, the latter three being heavily tech-driven startups.

With new trends and an “e-volution” in moving and storing materials comes the inevitable need to reconceive how we operate our warehouses and distribution centers with word class infrastructure and IT Automation to stay firm and ahead of the competition. R. Jayakumar — MD — Jayem Logistics envisions a phenomenal growth in the warehousing sector, with the requisite funding and changes in the months to come

How Did The Supply Chain Go Digital In 2016?

how-did-the-supply-chain-go-digital-in-2016

2016 saw a continuing improvement in the use of digital technology in the supply chain industry. These technologies included Big Data, Analytics, Internet of Things, social media, and point-of-sale reporting. Soon, the digital transformation reached most supply chain organizations. The four main drivers of such change included supply chain visibility platforms and tools (94%), Big Data/Analytics (90%), simulation tools (81%), and Cloud (80%).

Air Freight Or Ocean Freight?

air-freight-or-ocean-freight

You always have to make choices in life – personal or professional. One decision that most of us come through in our lives when we are planning for something international is whether we must opt for air or water to transport our goods. Choosing between air freight and ocean freight can be a little tricky when engaging in international shipping. There are a few things you need to consider to come up to an appropriate decision.