VeeMove » News - 2009
Intermodal Expo / TransComp Exhibition
November 15 - 17, 2009 at Anaheim Convention Center
1st Floor Exhibit Halls Anaheim, CA
'Logistics outsourcing at a low ebb in India'
Source: Indian Express Finance : Monday 19th October 2009.
For majority of the unorganised players in the logistics sector, outsourcing is constrained due to small scale or decentralised and non-automated operations. The larger players are increasingly streamlining and standardising their internal processes. Currently, very few Indian companies are in a position to separate out individual processes that can be outsourced. With enterprise wide IT systems deployment the outsource ability of activities is expected to increase, said ValueNotes in a study. Presently, the low level of outsourcing in logistics sector is primarily due to low sector maturity. Other restraints for outsourcing are fragmented market, lack of systems and processes and resistance to outsource. As the logistics sector matures, outsourcing potential will be largely determined by the maturity of outsourcing service providers and their ability to build and develop innovative outsourcing solutions around individual client businesses, the study pointed out. Processes outsourced have a strong correlation with the level of maturity of enterprise IT systems. Currently, due to low maturity in systems and processes only low end services can be outsourced. However, the entry of global logistics players like TNT and greater foreign investment in the transport sector is likely to infuse professional and world class management practices. Adoption of technology and professional management practices will help to sustain the growth of outsourcing in the long run. Service provider maturity is key to facilitate outsourcing growth.
Currently, there are very few service providers offering outsourcing services to the logistics sector. These service providers (VeeMove , Kale Consultants) primarily offer services like data entry for transactions such as purchase orders, invoice entry, etc. Outsourcing in logistics demands close working relationship with the service providers and often directly working on internal IT platforms with dynamic exchange of data. Recently, TNT launched a service to provide improved solutions for the service logistics sector in South East Asia.
By R Ravichandran
Recognition Certificate
Vee is Certified for Leadership in the Third Party Logistics provider.
August 13, 2009
Abdul Kalam launches A-View at Salem college
Sona College of Technology is the fifth technical institution in the country to have A-View facility and the launch commemorates the twelth anniversary and the golden jubilee of its parent institution Thyagarajar Polytechnic.
August 13, 2009
Encourage students to develop creative skills: Kalam
Experience of research leads to quality teaching and quality teaching imparted to the young in turn enriches the research, he told a large gathering of students after inaugurating an Advanced Research and Development Centre in Sona College of Technology and the ‘Confluence of Celebrations’ organised by Sona Group of Institutions here on Wednesday.
August 14, 2009
Kalam harps on research, teaching
Addressing students, parents and faculty at Sona College of Technology at a function to mark the inauguration of golden jubilee celebrations of the Thyagarajar Polytechnic, Dr Kalam stressed the importance of system design, system integration and system management.
"Vee's innovative
routes for better Logistics Management Solutions."
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