Conference

Preface

Today, the future of Supply Chain & Logistics sector in India is highly dependent on the implementation of GST along with the provision of Economic Corridors with the neighbouring countries & within the states plus the impact oftechnology innovations in logistics and last but not the least, empowering the SCM professionals with right skills for now and for future. Thus, the 4th Edition of The Economic Times Supply Chain Management & Logistics Summit 2017 is centered on the theme “Gateway to the Future: Building Next Generation Supply Chain” and will focus on the Big Four’s (GST, Corridor, Technology & Skill) at the Fore.

The Big Four

The implementation of Goods and Services Tax is expected to boost the economic growth of the nation by 2 percent. The Logistics sector is the one to benefit from this as it will be become easier to ferry goods across India. In particular it will subsume central excise, service tax, VAT and other local levies to create and transform a nation of near 1.3 billion people into a uniform market. Apart from this it will reduce logistics costs, supply chain efficiency, reduction in costs, for tax and regulatory compliance, better market penetration and export effectiveness.”.
The Government of India is currently drafting INR 10 Lakh crore National Transport Master Plan that aims to provide seamless movement of freight and passengers across multiple modes of transport. In addition, India is also planning to develop regional connectivity projects worth $5 billion in South Asia. The plan is to develop INR 3-lakh crore Economic Corridor project to develop 35,000 kms of highways for faster movement of freight. This is a strategic framework and investment plan for a sustainable development of the transport infrastructure.

  • Transport, shipping, aviation, railway ministries to develop a master plan framework
  • 10 multi modal transport hubs  planned across the country
  • Hubs will have railway stations, metros, bus terminals under one roof
  • The national railway plan also is in the works to plug the gaps in the infrastructure
  • Establishment of Integrated Customs Ports and Improved Land Customs Stations
  • Bangladesh, China, India and Myanmar (BCIM) Economic Corridor
  • North-South Transport Corridor (India, Russia, Iran, Europe and Central Asia)

Over the years with the improvement of roads and railways the dependency from water had shifted to roads and rail. India is a land of rivers and now that the road and rail lines are congested, there is an express demand to reopen the waterways. The government has already approved of developing 106 new inland water projects spread across 24 states.

The supply chain ecosystem consists of three segments i.e. transportation, warehousing and value added services. Each of them require different skill set and skill issues exist at varied degrees in all segments of logistics. While the skill requirement for transportation differs from warehousing to that of providing value added services. It is imperative to look at the profile of workers in each of these segments which would further help to analyse the development in terms of quality and quantity. Truck drivers constitute the major of the logistics sector and has the most critical skill gap in the road freight management since it attracts largely illiterate people with no formal training for the job.
The Logistics sector has seen the latest advent of technologies like IOT, Big Data and Data Analytics which have set this sector on a path which is soon going to not just transform the sector but given rise to a whole new breed of new paradigms in this sector. From unmanned mobile robots in warehouses to drones for online fulfilment, the current supply chain is transforming. With artificial intelligence, the future supply chain holds the promise of being completely autonomous and self-orchestrated. It’s like a fleet of trucks using a swarm algorithm which could increase throughput in cargo yards; a trusted peer-to-peer ledger on the blockchain architecture could revolutionize the meaning of compliance in the industry, and a host of wearables, mobile robots, as well as machine learning approaches, could rapidly fasten the pace of order fulfilment. Furthermore, IOT platforms for e-brokerage could connect retailers to couriers and transporters with a single click.

Why the Economic Times Supply Chain Management & Logistics Summit 2017

The supply chain has a great potential for growth in the coming years and since it is considered as a back bone of the economy there is huge dependency of others sectors. The Indian logistics sector is expected to reach over $2 billion dollar by 2019. Given the large potential that this sector has, there is a need to understand the challenges that the sector faces and discuss the solutions. With this in purview, The Economic Times is pleased to present the 4th Edition of The Supply Chain Management & Logistics Summit 2017 centred on the theme “Gateway to the Future: Building Next Generation Supply Chain”.

What’s in store for you?

A day mix of keynotes, special address, live survey, spotlight talk, panel discussion and inclusive session talking about GST, Economic Corridor, Technology Innovation, Skills in Logistic Sector, Warehousing, etc.

 

More things to look forward at:

  • Delegate Diary that will give the audience an opportunity to present their views to all the attending delegates by presenting one by one
  • Live Survey during the summit that will provide immediate feedback from the attending audience on varied issues
  • A Special session of content dedicated towards learnings from Global GST Strategies
  • The Proceedings of the discussion during the summit will be then presented through a whitepaper on the 1st of July 2017 (GST implementation day) on the subject “Seamless integration of GST in your business
  • We will also work very closely with the association of the manufacturing industry to bring out the complexity and solutions of each of the segments
  • Networking meetings with the key industry leaders in from the sector
  • Felicitating the leading states, industry bodies and supply chain leaders who have done exceptional work in seamless supply chain

Who Should Attend?

  • Chief Supply Chain Officers
  • SVP’s & VP’s Supply Chain / Logistics
  • Head Supply Chain / Logistics
  • Director of Operations
  • Head Operations
  • Supply Chain Leaders
  • Head of Procurement
  • Chief Operating Officer