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Tech & Infra Backbone of SCM

Implementation of GST has been a game changing event for businesses in general & organized logistics players. With the introduction of GST, the earlier vertical structure of VAT on Goods and Service Tax on Services has merged into one consolidated GST.

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Tech & Infra Backbone of SCM

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  1. About Us Investor Relations Knowledge Corner HSE News & Media CSR Blog Careers My TCI Tech & Infra Backbone of SCM Newsletter Subscription Name By Jasjit Sethi SEPTEMBER 8, 2017 Email Submit “With the elimination of multiple state taxes, post GST, the decisions on location of warehouse & distribution will be purely based on operational e?ciency rather than tax consideration,“ highlights in Celerity Magazine by Mr. Jasjit Sethi, CEO, TCI SCS, during an interaction on post-GST supply chain paradigms… Categories Inside Scoop With PDFmyURL anyone can convert entire websites to PDF!

  2. Knowledge Series Supply Chain Dynamics Post- GST Leadership Speaks Implementation of GST has been a game changing event for businesses in general & organized logistics players. With the introduction of GST, the earlier vertical structure of VAT on Goods and Service Tax on Services has merged into one consolidated GST. However there is a horizontal split between central and State for purposes of Input tax credit. TCI Video Tags The logistics sector is expected to get a much needed boost with GST due to tax compliances & also as logistics companies are moving from traditional setup towards IT integration, which is expected to reduce the typical labor intensive activities & thus cost. It will enable the creation of a common market & permit free & unimpeded movement of goods & services across the country. The anticipated bene?ts for LSPs being consolidation of its network, larger warehouses, and larger tonnage trucks will boost overall efficiencies. 3PL 5 Force Model Corporate Film Customer focus EDI Environment ERP GST HSE Intermodal International Yoga Day Kaizen Logistics Logistics & Transportation perspective Logistics and inventory control Logistics Supply Chain Mobile Apps Multimodal OEM Pan India Quality management Reuse & Recycle of Wast Supplier relationship Supply Chain TCI TCI Freight TCI Group TCI SCS TCI Seaways TCI Supply chain TCIL Technology Transport Trio Bins VAT Warehousing Zero Accident In terms of the Network design, the 5 main factors a?ecting Supply Chain as depicted in the TCISCS Supply Chain 5 forces Model would remain, as “Taxation” which would take the hue of Input tax that is available and availed. Contrary to many schools of thought, while the network would be more Logistically-Right than taxation friendly, the number of warehouses would not really come down in many regions because of closeness to the customer is a key factor. The major impact is seen in areas like NCR (Delhi- Haryana- UP- Rajasthan); Bangalore (KTK, AP, TN) and Kolkata (WB- OR- JH- NE) The transition of GST will need our e?orts in adapting to the Accounting and IT systems in the short run. While July has been a slow month for trade, it has picked up well towards the end. It may require some time for the supply chain to settle down into a rhythm, we hope the incoming Recent Posts With PDFmyURL anyone can convert entire websites to PDF!

  3. Recent Posts festival season will catalyze the policy and implementation framework. GST Implementation Challenges Tech & Infra Backbone of SCM From a single return of Service Tax Pan India, we are now at 23 state wise registrations and 23 x3 = 69 returns per month. Launch of Trio Bins Focus on Impact of GST on Logistics Sector Thus from 12 per year, we will end up at 69 x 12 months + 3 Annual = 831 returns! Phew. Adding to this the nus of compliances for suppliers, especially the small road side enterprises has been a task, which is still ongoing Our in-house ERP coupled with sage advice helped us in being ready from 1st July and we did ensure the wheels of economy kept moving. Total Quality Management in Supply Chain A reckoner on GST- Logistics & Transportation perspective As we go further, we are keeping our oft repeated strategy of going beyond the rule to enabling technology to move up the value chain and support our customers in their growth plans TCI is Different! The Crucial Role of Technology & Infrastructure Social Media & QSR In TCI, we are GST ready. The upgradations of our IT infrastructure is almost over & well set to operate under the GST regulations. Our ERP is home grown and very robust, we have to span Mobile Apps and Web based applications, thus we are looking at GST readiness as an additional opportunity to differentiate the TCI offerings from rest of the industry in terms of support to customers and suppliers. The Logistics of Liquid Bulk (Wine) Intermodal Vs Multimodal – what is the difference..? As mentioned above, we see a big value in technology and most of our services have deep rooted technological integration which ensures a glass pipeline for our customers. This may sound outlandish, but we actually were on our own private cloud way back in May 2007 where the speeds over a dial-up modem were 56kbps! Green Logistics for Chemical Industry – “Linkages to Multi-modal movement” Thus be it the Production logistics where schedules arrive by EDI and the dashboard is live on our Control Tower as well as android apps in the palm of our key account manager to a rudimentary thing as a vehicle loading, we are very much on global standards in technology. Archives September 2017 Likewise in warehousing, where we manage perhaps the largest warehouse in the country to most complex operations of B to C ful?llment center, technology in WMS to goods to man technology to August 2017 With PDFmyURL anyone can convert entire websites to PDF!

  4. rudimentary things like productivity management tools, we are in sync with tomorrow. July 2017 June 2017 Going forward, there are quite a few new requirements like INS 01 in operations to uploading and matching the invoices on the GST network, we are ready to keep the ball rolling. Recent Comments Growth Strategies Rajesh Shetty on The Logistics of Liquid Bulk (Wine) With the introduction of GST, trade boundaries between states will cease to exist & this will also increase the ease of doing business. With the elimination of multiple state taxes, post GST the decisions on the location of warehouse & distribution will be purely based on operational e?ciency rather than tax consideration. This will bene?t large 3PL like TCI SCS as we also have an own backbone of services. Tcilogistics | Pearltrees on The Logistics of Liquid Bulk (Wine) Furthermore, there is no impact of cascading taxes and hence choosing an organized player like us who is fully compliant with all laws would be at relatively cheaper in a cost of doing business than the unorganized players. Our network of 1000+ o?ces and 11mn square feet linked with a transport network of 15,000 trucks besides trains and ships at any given point of time is already waiting for One Nation, One Market. Being a listed entity, the compliances bene?t us directly and we stand to gain as an organized player. We are further expanding our portfolio, bit by design and re-engineering to the implementation of the model. Bio Latest Post With PDFmyURL anyone can convert entire websites to PDF!

  5. Jasjit Sethi Mr. Jasjit heads TCI Supply Chain Solutions, which is part of Transport Corporation of India Group. Mr. Jasjit Sethi, CEO, TCI SCS, is a well-known expert in the logistics & SCM industry and an alumni of Harvard Business School. 3PL 5 Force Model EDI GST Mobile Apps Pan India TCI SCS Technology VAT Leave a Reply Your email address will not be published. Required fields are marked * Comment Name * Email * Website With PDFmyURL anyone can convert entire websites to PDF!

  6. Post Comment Quick Links Contact Us About Us Corporate Office TCI House TCI 360° 69, Institutional Area Sector-32, Gurgaon-122207 Haryana, (India) Vision & Values Milestones Vice Chairman & MD´s Message Awards & Recognitions Phone: +91-124-2381603 to 07 Fax: +91-124-2381611 Email: corporate@tcil.com TCI Tomorrow Investor Relations Corporate Information Board and Committee Composition TCI Policies Disclosures Investors´ FAQs Investor/Analyst Corner With PDFmyURL anyone can convert entire websites to PDF!

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