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.
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