The Indian logistics market, regarded as one of the fastest-growing sectors of the Indian economy, is poised for growth and innovation in the coming future. Despite setbacks caused due to the Covid-19 pandemic, the logistics sector is driving high and is estimated to grow at a CAGR of 10.7 % between 2020 and 2024.
The logistics sector is also nurturing the growth of supply chain networks and manufacturing units in automotive, retailing, healthcare and FMCG industries in the country. Growth in tech adoption, infrastructure modernization, the announcement of 35 multi-modal logistics parks in the country, the enterprising Dedicated Freight Corridor (DFC) Project and increasing capital investment through the External Commercial Borrowings route are some of the key factors which are playing a pivotal role in the growth of the Indian logistics sector.
Further, with the Indian retail e-commerce market estimated at US$ 84-billion in 2021, delivering logistics solutions is getting increasingly sophisticated both due to customer requirements and supply-side innovations especially driven by information technology. Challenges such as cost versus value focus, asset versus non-asset-based positioning, business scope and scale, and service level and quality management are critical to the competitive advantage of logistics service providers.
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The programme is designed to introduce participants to the strategic and conceptual methods applicable within the framework of the logistics industry. The main focus will be on the use of enabling technologies for designing and optimising practical models that can contribute to a firm’s sustainability and success. Among others, the participants will learn to:
Understand conceptual frameworks, functional inputs and industry best practices for effective and efficient logistics services.
Harness technological innovations in logistics and transportation for competitive advantage.
Discover logistics 4.0 for automation, product design and warehouse management.
Learn the pros and cons of disruptive business models in the logistics industry.
Enhance resilience in logistics and improve profitability by integrating effective supply chain management strategies.
Adopt lean logistics for optimising operational performance and creating value for customers.
The following topics will be covered (but will not be limited to) in the programme:
Role of logistics in the supply chain management
Understanding the customer environment and managing customer expectations.
Services management including assets and storage depot operations
Benchmarking logistics performance
Warehousing, inventory and operations management
Technology aids and information management
Distribution strategy for retail and e-retail units
Logistics service network design
National transport policy
Advancements in logistics: E-vehicles, automated vehicles
Industry 4.0 in logistics
Data analytics in logistics services
*The above topics are indicative only.
Reflections, experience sharing and integration
Participants include executives with many different roles, including:
Professionals in managing logistics processes of a company (OEMs, e-Commerce) or customers of the logistics service providers.
Large and Medium PSUs in transportation, logistics, freight, warehousing and supply chain operations.
Logistics service providers include third and fourth party logistics services, courier services, transporters (rail, road, marine, and air), freight forwarders, distributors, retailers, warehouse providers, and terminal operators (ports, air cargo, ICDs/CFSs).
IT-based service providers both in the software and technology domains.