CARGOCONNECT-JANUARY2025 - Flipbook - Page 59
Balance Operational
Ef昀椀ciency and Risk
Reduction for FutureProo昀椀ng Supply Chains
E昀케cient supply chains focus on minimising
disruptions through proactive risk management strategies, balancing both operational
e昀케ciency and risk reduction. Importantly,
efficiency revolves around minimising
costs and inventory levels by eliminating
redundant routes and backup stock, while
risk reduction involves identifying potential
threats, implementing measures to mitigate
them, and preparing contingency plans.
Manufacturers face the challenge of maintaining low operational costs while building
resilience against supply chain disruptions.
Risks can be internal, such as ine昀케ciencies,
outdated technology, and human errors,
or external, like extreme weather, labour
strikes, or geopolitical crises. While some
risks are unavoidable, strategies like supplier
diversi昀椀cation and alternative transportation
routes can help mitigate impacts, though
they may increase costs. Ultimately, the
goal is stability over pure e昀케ciency, with
manufacturers making informed decisions
that balance reliability and cost control.
Technology Putting
Materials Planning and
Management in Overdrive
The logistics industry is on the brink of a
full technological transformation, leveraging
innovations that enhance value throughout
the entire supply chain—from warehousing to
last-mile delivery and freight transportation.
IoT-enabled devices will drive event-driven
processes, using internet protocols to enable
seamless communication between sensor data
and applications. This technology empowers
logistics companies to track valuable assets
in real time, ensuring transparency and
e昀케ciency across the delivery process. Leading
industry players are quickly adopting these
cutting-edge technologies, making advanced
technological solutions not just a competitive
advantage, but a necessity for businesses
aiming to stay ahead in the evolving logistics
landscape.
The Systematic Approach
to Scalable Innovation
Innovation can be a complex challenge for
organisations, especially logistics service providers (LSPs). While many innovations arise
from creatively adapting existing technologies,
aligning these e昀昀orts with strategic goals
is often di昀케cult. Traditionally, innovation
within LSPs has been reactive, with field
personnel addressing specific customer
needs without centralised management,
which hampers the scalability of unique
innovations for a wider customer base.
Standard models fail to work for LSPs
due to their service structure, reliance on centralised control, and the
distributed nature of their operations.
To effectively harness innovation,
LSPs must implement a system that
empowers field personnel with the
necessary framework and guidelines
to develop tailored solutions, allowing
customised innovations to be applied
more broadly. Without prioritising
innovation, LSPs risk commoditising
their services and damaging long-term,
pro昀椀table relationships. Innovation
is crucial for improving efficiency,
reducing costs, and maintaining a
competitive advantage, and a lack of
it can ultimately undermine the value
chain for shippers.
Vinsum Axpress
at the Nexus of
a Competitive,
Customer-Centric
Logistics Network
Vinsum Axpress is committed to
providing innovative logistics solutions that cater to the unique needs
of the Indian industry, with customer
satisfaction as the foundation of our
growth strategy. By focussing on timebound objectives, we are investing in
cutting-edge technology and a skilled
workforce to build an infrastructure
that adapts to the market’s evolving
demands.
Our vision is to become a leading
logistics service provider in India,
renowned for delivering cost-e昀昀ective,
reliable, and competitive services.
We strive to build win-win partnerships with our associates, de昀椀ned by
exceptional quality and e昀케ciency. Our
aim is to be recognised as experts in
logistics and supply chain management,
setting the benchmark for outstanding
customer service. We prioritise service
excellence by minimising productivity
losses and ensuring timely, economically efficient deliveries. Upholding
values of diversity, integrity, and
accountability, we are committed to
sustainability by o昀昀ering eco-friendly
solutions such as biodegradable packaging, PP boxes, and steel trolleys.
Looking ahead to 2025, Vinsum
Axpress is poised to lead India’s T&L
sector, turning challenges into growth
opportunities and driving mutual
success for all stakeholders.
Challenges like market
slowdowns, new
competitors, warehousing
shortages, falling freight
rates, labour shortages, and
capacity constraints will
complicate the landscape.
The key question for T&L
players is whether they are
prepared to capitalise on
growth opportunities and
enhance customer service
once conditions stabilise.
By focussing on time-bound
objectives, we are investing
in cutting-edge technology
and a skilled workforce
to build an infrastructure
that adapts to the market’s
evolving demands. Looking
ahead to 2025, we are
poised to lead India’s T&L
sector, turning challenges
into growth opportunities.
CARGOCONNECT JANUARY 2025 | 59
