India could save as much as US$50 billion by implementing measures to bring its logistics costs down from 14% to 9% of GDP, according to a joint study recently by industry body Assocham and Resurgent India. And the advent of the Goods and Services Tax (GST) will transform supply chain and logistics practices, creating numerous opportunities for the cargo and logistics sector over the next few years. Shifting all this transformation up a gear to drive more efficiency and realise the best possible competitive advantage will be essential in capitalising on government-supported initiatives to reduce India’s supply chain and logistics costs, which are currently 30% higher than in some other markets. Rethinking, reshaping and remodelling the network and the processes in it to enhance the pace of change will require a collaborative, multi-stakeholder strategy.
• What are the distribution models that will truly transform the supply chain?
• Where are the real opportunities for service providers?
• What are the key skills requirements for the future?
• How could better tailored supply chains help reduce cost?
• How can 4PLs help?
Moderator: Christopher Ludwig Editor Automotive Logistics Group
Shailendra Singh GM Warehouses (Parts and Accessories, Marketing and Sales) Maruti Suzuki India
P R Ramakrishnan GM SCM Honda
Amlan Bose Vice President – Inbound Logistics, Exports & Customs Ops Ford
Jasjit Sethi Chief Executive Officer TCI Supply Chain Solutions