{"id":6683,"date":"2021-08-02T17:20:24","date_gmt":"2021-08-02T17:20:24","guid":{"rendered":"https:\/\/financeintellect.com\/home-page\/home\/?p=6683"},"modified":"2021-08-02T17:20:24","modified_gmt":"2021-08-02T17:20:24","slug":"infrastructure-creation-will-help-to-smoothen-logistics-expert","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/infrastructure-creation-will-help-to-smoothen-logistics-expert\/","title":{"rendered":"Infrastructure Creation will help to smoothen Logistics : Expert"},"content":{"rendered":"<p><i>\u00a0<\/i>People in India need to integrate, change mindsets and IT systems as well as create an infrastructure that will help in inter-modal connectivity and hence Transportation; Warehousing &amp; Inventory; Administrative and Order Processing are the key focus areas which can help in reducing the logistics cost, say experts.<\/p>\n<p><i>The draft National Logistics Policy sets targets to try and reduce the overall national logistics cost that looks like a stiff target. But we think it\u2019s possible to do due to a lot of work happening in the infrastructure sector and some process reforms have been taken place in the past few years, said Mr Vikas Chaube, Joint Secretary, Logistics, Union Ministry of Commerce &amp; Industry.<\/i><\/p>\n<p><i>Mr Chaube was speaking at the technical session on \u201cRevolutionize Urban Logistics in the 3rd Edition Virtual Supply Chain Excon: Future of Global Supply Chain and Logistics,\u201d organized by PHD Chamber of Commerce and Industry (PHDCCI).\u00a0<\/i><\/p>\n<p><i>Mr<\/i><i> Chaube opined that city logistics is an area of focus looking at the expansion in e-commerce and growing needs of the rural population. There is a need to maintain smooth systems, institutional mechanisms, right coordinating involving all stakeholders and authorities that will help to smoothen the working of city logistics.<span class=\"Apple-converted-space\">\u00a0<\/span><\/i><\/p>\n<p><i>Cities should develop their logistics considering their population, needs, freight, transportation, and other important factors. He mentioned that five stages to better city logistics plan are data; institutional mechanism; creating a guiding mission; make an evaluation framework and find modes of arranging capital, he added.<\/i><\/p>\n<p><i>Talking about the challenges faced by warehousing, Mr Chaube said the <span class=\"Apple-converted-space\">\u00a0 <\/span>ministry was well aware of it. Many of the logistics are in the zone of the Government of India and state list which requires the involvement of a lot of stakeholders. But the importance of this area is being looked after closely by the government and developments are taking place in the area of approvals.\u00a0<\/i><\/p>\n<p><i>Capt T S Ramanujam, CEO, Logistics Skill Council, said there is a need to get all the regulators and stakeholders together for ensuring seamless working and development of the logistics sector. He also mentioned that there is a need for better IT and communication systems; improvement of the health of the employees; promotion of skill development; ease of doing business; improvement of freight management and creation of transit hubs.\u00a0<\/i><\/p>\n<p><i>Mr Piush Goyal, Managing Director, Kelley Material Handling, said there is a need for road infrastructure, different trucks based on the goods, and investment in technology for improvement in the logistics sector, especially in warehousing and hardware.\u00a0<\/i><\/p>\n<p><i>Mr Tepaswi PVN, Head \u2013 Logistics, Henkel India, apprised about mindset change in making the logistics sector more functioning, competitive and prosperous. He opined that there was a need for infrastructure and skill development which will lead to employment generation. There is also a need for a smart card for these truck drives to mitigate the rechecking of documents. He emphasized that rural logistics will also help in making smart cities.\u00a0<\/i><\/p>\n<p><i>Mr Amit Gupta, Vice President, Synchronized Supply Systems said that rural logistics have a lot of business opportunities due to rapid urbanization and increase in demand of retail sector but, there is a need for standard wages labour, fewer reservations, skill development of workers, and better IT connectivity.\u00a0<\/i><\/p>\n<p><i>Mr Umesh Grover, Secretary-General, CFSAI, while giving an overview about urban logistics, mentioned that there was a need for small trucks, increase coastal shipping, and providing incentives for the same and more standardization.\u00a0<\/i><\/p>\n<p>Mr\u00a0<i>Vipin Vohra<\/i><i>, Co-Chair Logistics Committee, PHDCCI, said<span class=\"Apple-converted-space\">\u00a0 <\/span>that a policy needs to be developed which helps to recognize the logistics sector as an industry as it was playing a major role in the development of the country and at the same time helps in trade regulation.<span class=\"Apple-converted-space\">\u00a0<\/span><\/i><\/p>\n<p><i>He suggested that money should be invested in infrastructure that will<span class=\"Apple-converted-space\">\u00a0 <\/span>equip the brokers with modern equipment. He also suggested that there must be a legal policy for place allotment of warehouses and opined<span class=\"Apple-converted-space\">\u00a0 <\/span>that the government should allot some place in different business parks to the warehousing that will help to reduce the transportation cost.\u00a0<\/i><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0People in India need to integrate, change mindsets and IT systems as well as create an infrastructure that will help in inter-modal connectivity and hence Transportation; Warehousing &amp; Inventory; Administrative and Order Processing are the key focus areas which can help in reducing the logistics cost, say experts. The draft National Logistics Policy sets targets [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6684,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3833,1,8,3663],"tags":[3150,4269],"class_list":["post-6683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-economy-and-politics","category-india-inc","category-real-estate","tag-infrastructure","tag-phdcci"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Infrastructure Creation will help to smoothen Logistics : Expert - Finance Intellect<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/infrastructure-creation-will-help-to-smoothen-logistics-expert\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infrastructure Creation will help to smoothen Logistics : Expert - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"\u00a0People in India need to integrate, change mindsets and IT systems as well as create an infrastructure that will help in inter-modal connectivity and hence Transportation; Warehousing &amp; Inventory; Administrative and Order Processing are the key focus areas which can help in reducing the logistics cost, say experts. 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