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Home arrow News arrow Business News arrow Current global crisis - a challenge and an opportunity for logistics industry
Current global crisis - a challenge and an opportunity for logistics industry Print E-mail
Written by Anand   
Saturday, 08 November 2008

Logistics Service Providers Directory and CD of Indian Supply Chain Analytic Network (ISCAN) launched

Chennai: Mr. M F Farooqui, Principal Secretary, Govt of TN, in his Special Address at Auto SCM 2008, the Automotive Supply Chain conference and exposition, organized by CII institute of Logistics-(CIL), urged the industry and the Govt to treat this tsunami-like global financial crisis as an opportunity to rebuild and emerge stronger and better, just like how the inhabitants of tsunami-hit areas rebuilt their lives from the tragic calamity.

Mr. M F Farooqui, Principal Secretary, Govt of TN, in his Special Address at Auto SCM 2008 & Mr R Seshasayee, Past president, CII and MD, Ashok LeylandIn today’s cost sensitive supply chain management parlance, the challenge is integration of various salient parts of supply chain management vis-à-vis serving the customers at competitive rates (cost). Hence cost competitiveness, which is increasingly being enabled by supply chain management, decides the sustainability of the business.

New look official website of CII Institute of Logistics launched

Mr. Kadhiresan, Member, TNEB delivered the inaugural address on behalf of Thiru Arcot N Veerasamy, Hon’ble Minister, Govt of Tamil Nadu. Complimenting the work being done by CIL, the minister said that the govt is ready to support the logistics industry to enhance the connectivity of our state with the world markets. “The Govt of Tamil Nadu will be glad to be associated with CIL in pursuing logistic related developmental objectives,” he said. Speaking on the current financial crisis, he said that the Govt hoped that it will not affect the growth of automotive and logistics industries in TN. 

“I am happy to record that about 35% of spare parts of the motor vehicles manufactured in India are coming from TN, which is now considered as Detroit of South Asia. Similarly the number of motor vehicles manufactured in this state has increased dramatically,” he added. He also noted that CII has estimated that the growth in the manufacture of motor vehicles in TN will increase by 6 to 7 times by 2015. 

Mr R Dinesh, Event Chairman, Auto SCM, in his opening remarks said that logistics has become a factor of differentiation within the industry and it is time that the supply chain sector is regarded as an industry and therefore we are hopeful that the govt will take the necessary steps forward, and unless this happens, it will not benefit overall for the future. Looking forward to the next edition of SCM, he hoped it will celebrate Indianised supply chain sector becoming global giants.

“The economic scenario globally compels every manufacturer to be cost competitive for survival. The complex supply chain of fully finished units and spares for after-market when managed well, will give the competitive edge,” remarked Mr. Dinesh. 

Mr R Seshasayee, Past president, CII and MD, Ashok Leyland in his keynote address urged the players to speed up supply and eliminate inventory. Citing infrastructure as the biggest disadvantage in India, Mr Seshasayee said it’s time to refocus on building better and innovative infrastructure like building smart highways using latest technology which would ensure smooth and faster movement of vehicles.

This two-day event drew participants from top domestic and international auto manufacturers and logistics and supply chain management experts to discuss the industry’s challenges and opportunities, and discuss case studies and concepts in export and domestic outbound logistics.

The Auto SCM event will have sessions focused on outbound export for OEM, outbound in domestic for OEM, outbound in after-market SCM, overseas supplies, future changes in outbound SCM and qualty in SCM. The topics and sessions are carefully drawn to benefit the automotive manufacturers, tier 1 and 2 suppliers’ supply chain managers and logistics service providers’ strategic and operational managers at senior levels.

The conference on AUTO SCM will enable delegates to share and learn from globally reputed speakers who would throw light on all elements of the supply chain showcasing case studies of successful best practices and also share knowledge and experiences and benefits brought by various experts in this sector”. 

Some of the key speakers at the summit will include Mr. Juan Madrid, Commercial Director, Port of Barcelona; Mr. Poul V Jensen, Trancare; Mr. Franz Hartinger, BMW; Mr. Srivats Ram, Wheels India; Mr. Jasjit Sethi, TCI Supply Chain Solutions; Mr. Subramanian, Symbol Technologies; Mr. Ravichandran, TVS Logistics; Mr. Sumeet Nadkar, Kale Consultants; Mr. Venkatraman, AT Kearney; Dr. Rahul V Altekar, JDA; Mr. Kiyoshi Tada, AIOI Systems Co Ltd, Japan; and Mr. Richard Pawinski, Morley Management Services Ltd.

About CII Institute of Logistics

CII Institute of Logistics has been established by the Confederation of Indian Industry as a Center of Excellence in Logistics and Supply Chain and to improve the competitiveness of Indian Industry in this domain. CII's Institute of Logistics (CIL) creates a platform to gain more insight into the emerging trends, industry specific problems of national importance and global best practices in logistics & supply chain management. It enables the industry to cut down the transaction cost, increase efficiency, and enhance profitability and enable to sensitize and bring solutions to macro level issues.

With a relentless aspiration to enhance logistics competitiveness in the industry, CIL provides a complete range of services such as education, training, consultancy, research, events and information services & publication.

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