- Southeast Asian countries emerge as potential alternative supply hubs in years to come; India and Vietnam are preferred locations for shifting manufacturing hubs
- Container Control, a technology platform for efficient container monitoring and management launched in India; to help reduce logistic costs
New Delhi, India, 21 September 2022:
At a time when companies and economies globally are turning towards China plus one strategy, the National Logistics Policy recently launched by Prime Minister Shri Narendra Modi is set to strengthen India’s position as a preferred country for diversification of supply chains.
“Bringing down the logistics cost in India is one of the key motivators for companies to reimagine the value chain of the future and place the country in consideration,” said Dr. Johannes Schlingmeier, Co-Founder and CEO, of Container xChange.
Along the lines of the National logistic policy to reduce logistic costs and increase the efficiency of the logistics sector in India, Container xChange launched a ground-breaking online platform for India’s freight forwarders and NVOCC community – Container Control that enables logistics companies to efficiently monitor and manage containers.
With altering consumer consumption patterns and fresh lockdowns in China, the foreign demand for Chinese goods has started to see a dent. Further, manufacturing and production have also taken a hit in China giving an opportunity to other Southeast Asian countries to emerge as strong contenders in the global supply chain mix.
A perspective on the current scenario indicates a growing pressure to source goods from cheaper countries. Branching out the trade routes will help distribute the risks and at the same time source the same component from multiple regions.
Digital adoption; an accelerator to efficient future supply chains
Commenting on the announcement of this policy, Dr. Johannes, said, “In the midst of the industry witnessing perils of reliance on linear supply chains over the past two years, India has emerged at the forefront of digitalization, e-commerce, and capacity building for cargo handling capabilities.”
“The National logistics Policy has also emphasized the importance of increasing efficiency and reducing logistics costs. We believe technology has a transformative role in achieving these goals. It is a golden opportunity for logistics companies in India to adopt digital platforms and technologies to enhance productivity and reduce operational costs to support the government in achieving these goals.”
Container Control is one such transformative digital platform that will enable the logistic industry to have real-time visibility into container management and monitoring, thereby pushing the companies towards digitalization of their operations – a key need of the hour.
“For building future supply chains, it is important to shift the focus from increasing container fleet to developing an efficient infrastructure and logistic operations that create a conducive environment for containerized trade in and through India.”
“The introduction of the National Logistics Policy is well timed considering India is at the precipice of creating alternate mechanisms which can help expand port capacity and can then bring down the logistics costs by bringing efficiency and transparency in operational processes and charges. What requires more attention than ever is the creation of solutions that add to the standardization of shipping logistic operations.”
Simplifying Container operations with Container Control
With an aim to provide transparency into container movements and ease container operations for freight forwarders and NVOCCs, Container xChange has introduced Container Control, a platform that provides a clear overview of all the containers you are moving and allows to monitor their journey in near real-time.
With Container Control, freight forwarders and NVOCCs can manage their container fleet, match them to shippers’ requests and monitor each container’s journey from point A to point B. So, users can save time on manually checking containers’ statuses and spend more time growing their business and providing excellent customer service.
“It is an opportune time for logistics companies to realize the need of digital adoption for tackling future uncertainties”, said, Dr. Johannes.
“From the moment the container is manufactured, to its last journey, we want every process to be automated, and all companies involved to be connected through technology, he added.
To learn the ways how to get access to Container Control and prices, click on the link www.container-xchange.com/container-control
To know more, download the August edition of our monthly container logistics report, ‘Where are all the containers’, a monthly round-up of insights and analysis on average container prices, leasing rates, and container availability.