CARGOCONNECT-JANUARY2025 - Flipbook - Page 49
Seamless Integration of Data
and Technology: The Recipe for
Supply Chain Success
Access to high-quality, timely data is essential for
making informed decisions. As a logistics and supply
chain enabler, PSA BDP places this at the core of our
operations. As a global organisation, we leverage advanced
data analytics, AI, and ML to collect and process data
accurately. This information is then delivered to our
customers through intuitive dashboards.
Our customers frequently request insights such
as their historical trade and route expenditures. We
provide this data from our vast databases, which
include millions of trade, product, and pipeline lines.
This enables supply chain leaders to make informed
decisions regarding shipments, market consumption,
sourcing areas, and freight rates.
By integrating technology and data analytics, we help
customers optimise costs and improve reliability in their
supply chains. Additionally, with predictive insights, we
enable cost avoidance by preempting unforeseen issues.
Driving Productivity and Cost
Reduction through Integrated
Logistics and Maximising Value
Post-COVID, rising costs have become a constant challenge, creating constraints for many businesses. In this
environment, productivity has emerged as a central
focus. To address this, we prioritise integrating our
logistics processes with customer systems through
seamless data interfaces. By connecting our logistics
operations with their ERP systems, and incorporating
key stakeholders—such as ports, truckers, multimodal
transporters, ocean carriers, and air freight carriers—we
can synchronise data on a single platform. This integration drives productivity, reduces waste, and minimises
human intervention costs.
This streamlined approach significantly lowers
costs per unit for customers. However, while cost
reduction is critical, it’s important not to overlook the
value we provide. For example, our trade compliance
management system helps mitigate risks like delays in
border clearance, which can lead to costly penalties.
By managing such risks, we not only reduce costs but
also enhance value for our customers.
The Mantra is Propelling
Organisational Growth
through Comprehensive Talent
Development
Post-COVID, it has become even more crucial to foster a
positive work culture, provide a conducive environment,
and embrace future-oriented technologies. Attracting top
talent and ensuring work-life balance are key elements
embedded in our policies. However, what truly stands
out is the emphasis on continuous learning. The rapidly
changing environment requires swift adaptation, and
we address this through ongoing training for our people,
both on and o昀昀 the job.
Training is ingrained in our processes, from onboarding to talent nurturing, and is not a one-time event but
an ongoing e昀昀ort. As PSA BDP sets ambitious growth
goals, particularly in India, we focus on
preparing our talent for the future. We
o昀昀er comprehensive training in technology,
human behavioural skills, productivity,
and well-being. This 360-degree approach
helps attract top talent and enables them to
contribute their best, ensuring our growth
journey continues seamlessly.
Infrastructure and Policy
Synergies: Shaping
India’s Journey to
Becoming the Global
Manufacturing Hub
We have developed
a well-thought-out,
growth-oriented
strategy for India.
Our focus is on
investing in the
right asset models,
aligning with the
shifting dynamics of
manufacturing hubs,
and capitalising
on emerging
manufacturing
areas across India.
Building infrastructure is a gradual process, and we have focussed not only on the
hard infrastructure but also on the softer
aspects—such as increasing inclusiveness,
fostering public-private partnerships, and
establishing a robust regulatory framework.
Eliminating bureaucratic barriers and red
tape has been a key focus.
Government initiatives such as Gati
Shakti, MMLPs, Sagarmala project, and
DFCs are catalysing the transformation
of both the industry and the broader
ecosystem. As India positions itself as
the global manufacturing hub, these
infrastructure projects play a crucial
role in driving the country’s growth.
The government’s coordinated efforts,
demonstrate a cohesive approach, bringing
together multiple stakeholders to create
a stronger ecosystem.
We are witnessing significant improvements in
highways, multimodal logistics parks, and Inland
Container Depots (ICDs), all of which are advancing
India’s journey toward becoming a global economic
powerhouse. The government’s willingness to listen,
along with industry forums pushing for change, ensures
continuous progress towards this goal.
From Chemicals to High-Tech:
PSA BDP’s Strategy for DoubleDigit Growth
We have developed a well-thought-out, growth-oriented
strategy for the country. Our focus is on investing in the
right asset models, aligning with the shifting dynamics
of manufacturing hubs, and capitalising on emerging
manufacturing areas across India.
We remain highly optimistic about India’s future
and are committed to investing in the right talent,
technology, people, and assets to benefit both our
customers and shareholders. Our primary goal is to
ensure the long-term sustainability of our business,
supported by a stable policy framework.
As we continue to expand our footprint, we're focussing
on serving the chemical industry and other key industries,
while providing the highest quality technical solutions to
manage supply chains and complexity. Looking ahead,
we are confident that the next five years will bring
signi昀椀cant double-digit growth for us.
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