Arena for en­abling busi­ness at ease

The con­cept of en­abling a multi-modal lo­gis­tics park is to en­able seam­less trans­fer of goods and ser­vices, opines Chan­der Agar­wal, Man­ag­ing Di­rec­tor, TCIEXPRESS.

Cargo Talk - - Warehousing -

The idea be­hind mul­ti­modal lo­gis­tics park is to pro­vide spe­cialised stor­age so­lu­tions, mech­a­nised ma­te­rial han­dling and en­able seam­less in­ter­modal trans­fers of goods and ser­vices. The North­east is one of the re­gions which has played a piv­otal role in terms of lo­gis­tics con­nec­tiv­ity with the in­ter­na­tional and na­tional cor­ri­dors of In­dia. PAR­TIC­I­PA­TION PRI­VATE PLAY­ERS

We be­lieve ASEAN’s strong bond with the north­east re­gion will act as a mas­cot for the en­tire re­gion and for the rest of the busi­nesses in the re­gion. OF

How it will ben­e­fit lo­gis­tics comes from the fact that in the past, the op­por­tu­nity for all the play­ers across the in­dus­tries were min­i­mal. This was pri­mar­ily be­cause pri­vate in­vest­ment in the de­vel­op­ment of lo­gis­tics parks was re­stricted due to lack of land avail­abil­ity and hence the re­turn on in­vest­ment was also less. But with the col­lab­o­ra­tion of gov­ern­ment through Public Pri­vate Part­ner­ship (PPP) model, it has wit­nessed ex­ten­sive par­tic­i­pa­tion from pri­vate play­ers as well.

This par­tic­i­pa­tion from var­i­ous play­ers has not only opened new are­nas for ease of do­ing busi­ness but also has given an op­por­tu­nity to learn and adapt to best global prac­tices. One of such de­vel­op­ments is that the man­u­fac­tur­ing plants are now try­ing to get into ‘ZERO’ in­ven­tory hold­ing model. This is where lo­gis­tics will help the cus­tomers to order ‘back to back’ with a PO (Pur­chase Order) and ship end-prod­uct di­rectly to the cus­tomer.

This way of work­ing is ef­fec­tively open­ing up new trad­ing op­por­tu­ni­ties for any com­pany. Ad­di­tion­ally, all the ven­dors and sup­pli­ers want to col­lab­o­rate to take max­i­mum ben­e­fit from the parks and be near the pro­duc­tion unit.

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