Vendor News

Technological advancement focus in 2nd SCM Logistics forum

Safexpress sponsored the '2nd Annual Supply Chain Management and Logistics Forum 2008'. Held from 13th to 15th May 2008, at Mumbai, India, the forum accentuated the importance of organised supply chain processes for the reduction of inventory holding costs and for adding value to businesses. The focal idea behind this forum was to explore the various facets of the Supply Chain Industry.

Talking to the media Vineet Kanaujia, GM - Marketing, Safexpress, stated, "Supply chain and logistics sector is as an indispensable part of the India and one of the key factors contributing to its growth.

Today, SCM and logistics account for 10 percent of our GDP. The sector is coming on well. However, one aspect that needs to be focused upon in the logistics sector is the implementation of new IT initiatives. Technological advancement is a must to take the Indian supply chain system to the next level. Being a techno-savvy organisation, our company has taken special initiatives to implement advance technologies in order to provide our clients with the best of services."

The SCM and logistics forum brought together on one platform, industry bigwigs like Anshuman Singh, CEO Value Fashion and Future Logistics, Future Group; S S Soni, Executive Director of Optimisation and Information Systems, Indian Oil Corporation; Pradip Saha, Associate Director - Commercial and Head of Procurement, Colgate Palmolive; Sudam Maitra, Executive Director Supply Chain, Maruti Udyog India; Vinay Shroff, Senior Vice President Supply Chain, Reliance Retail India and many more, to discuss the global supply chain industry and comparing it to the Indian supply chain sector.

The second Annual Supply Chain and Logistics Forum was an extension of the first SCM logistics conference that took place in March 2008. This Forum was a step further in the direction of understanding the needs and issues pertaining to the logistics sector.