Kedaara Capital-backed Mahindra Logistics acquires controlling stake in Mumbai-based Lords Freight

Mahindra Logistics | August 20, 2014

Kedaara Capital-backed Mahindra Logistics acquires controlling stake in Mumbai-based Lords Freight
Mahindra Logistics Ltd (MLL), a subsidiary of Mahindra & Mahindra Ltd, has acquired a controlling equity stake in Mumbai-based international freight forwarding company Lords Freight (India) Pvt Ltd for an undisclosed amount, as per a company statement.This investment by MLL will allow us to pursue a strategy of enhancing our capabilities and expanding our international presence, while simultaneously leveraging MLL’s customer base and process methodologies,” said Shamsudeen Ahmed, chairman, Lords Freight (India).

Spotlight

This paper analyzes the relationships between a firm and its logistics provider to suggest a framework for efficient management of alliance between the two parties. Firstly, a framework is suggested to evaluate which areas of logistics a firm must outsource depending upon the importance of that function in a firm’s business model and industry’s competitiveness of that function. Then we analyze what functions companies outsource ranging from transportation to strategic decision making. Further, problems that arise during outsourcing are analyzed. Then a framework is discussed which establishes step by step how a company must approach outsourcing decision by having a strategic vision, choosing outsourcing function and mode of relationship carefully, the need of key performance indicators, implementation strategy and exit plan to efficiently manage balance between performance and control.


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SUPPLY CHAIN

Tive Launches Partnership Focused on Visibility with Blue Yonder

Tive | December 17, 2021

Tive, a leading real-time in-transit visibility provider, today announced a new strategic partnership with Blue Yonder, a leading digital supply chain and omni-commerce fulfillment platform provider. By integrating data and insights from Blue Yonder's transportation management solution and Luminate™ Control Tower, this partnership provides mutual customers with insights beyond shipment locations and conditions that deliver a better end-consumer experience. Logistics professionals in retail and manufacturing are demanding next-generation actionable insights to actively manage their customers' growing expectations. This partnership delivers shared data and efficiencies for logistics providers, offering near real-time visibility for their customers across the globe. Tive is a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments while providing hyper-accurate location and condition with its industry-leading trackers. By partnering with Blue Yonder, Tive will be able to deliver on its promise of 90% reduced 'where-is-my-order' costs; a 90% reduction in claims for lost, damaged or delayed items; and an overall 10% savings on total freight spend to customers. Collaboration and partnerships across the entire supply chain ecosystem are what we strive for every day here at Tive, Combining all aspects of real-time shipment data – location, condition, TMS and control tower data – customers everywhere get real-time actionable information on what is happening with their shipments. We are excited to partner with Blue Yonder to help make global supply chains more efficient." Tive CEO and Founder Krenar Komoni. "Here at Tive, we seek to partner with companies that align with our culture of transparency, collaboration and relentless pursuit to ensure that every shipment arrives on time, in full, and in good condition, Blue Yonder is a natural symbiotic fit in Tive's partner ecosystem thanks to their strong capabilities in transportation management and control tower visibility." Shawna Baker, Head of Partnerships at Tive. About Tive Tive is a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments' location and condition. With Tive, shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures. Tive's solution provides data generated by its industry-leading trackers allowing clients to actively optimize their shipments, improve their customers' experience, and unlock supply chain insights in an actionable real-time manner.

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Collaborative warehouse bots are critical to e-commerce success, Shopify exec says

6 River Systems | September 16, 2020

A spike in e-commerce volumes driven by coronavirus travel restrictions may slow down after a safe vaccine is eventually found, but its impact on fulfillment automation processes is here to stay, according to a top executive at Shopify, an e-commerce platform for small and medium-sized businesses (SMBs). As the pandemic prevented consumers from congregating in brick and mortar stores, so many of them turned to e-commerce shopping that the online retail sector experienced five years’ worth of growth in the past three months alone, Shopify’s chief technology officer, Jean-Michel Lemieux, said today. From less than 1% in 2000, the share of e-commerce retail sales as a percent of total retail sales rose to 5% in 2011 and 10% in 2018 before leaping above 16% during the second quarter of 2020, according to statistics from the U.S. Census Bureau. That curve may soon begin to flatten a bit, but the post-Covid “new normal” will feature e-commerce levels in the range of 20%, 30%, or even 40% of all retail, Lemieux said in remarks at Flow 2020, the annual user conference held by autonomous mobile robot (AMR) vendor 6 River Systems. Ottawa, Ontario-based Shopify acquired Waltham, Massachusetts-based 6 River in 2019 for $450 million in a bid to use its collaborative "Chuck" robots to boost fulfillment efficiency for warehouse staffers managing inventory for distribution. That deal looked at first like amazon.com's move to buy Kiva Systems Inc. in 2012 for $775 million, and then take the product off the market, keeping its robots for the sole use of Amazon’s own DCs. But Shopify was quick to say that it will continue selling 6 River’s Chuck bots to the entire logistics market, and Lemieux reiterated that stance today.

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Schneider Electric ranked 4th in The Gartner Supply Chain Top 25 for 2020

Schneider Electric | June 15, 2020

Schneider Electric, the leader in digital transformation of energy management and automation, announced it has been ranked 4th in The Gartner Supply Chain Top 25 for 2020. Schneider Electric supply chain went from the eleventh position in 2019 to fourth in 2020. This Gartner recognition scores demonstrate that Schneider-Electric continue to deliver digital transformation and the speed to reach its strategic priorities and its ability to set and execute its strategy. Beyond profit, leading companies focus on people and protecting the planet. According to Gartner, “major methodology changes were introduced in 2020, including a conversion to return on physical assets (ROPA) from return on assets (ROA), a reduction in the weighting of the inventory measure and an increase in weighting to the environmental, social and governance (ESG) measure. The three key factors that differentiated leading supply chains this year were being purpose-driven organizations, business model transformers and digital orchestrators.”

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6 River Systems upgrades its robotic fulfillment solution

6 River Systems | September 25, 2020

6 River Systems has made a series of enhancements to its robotic fulfillment solution. 6 River, part of e-commerce platform provider Shopify, revealed the upgrade during its second annual user conference, FLOW 2020. David Vallance, director of product at 6 River Systems, says: “We have developed a strategic product roadmap at 6RS to find and address the next level of efficiencies to help our customers meet ever-changing demand and drive value to their own customers. “We’ve grown from providing picking robots to supporting inbound to outbound tasks within the four walls of the warehouse. Our latest set of enhancements are another exciting step forward in the evolution of our company and our industry.” To provide more visibility into operations and increase efficiency, 6RS developed The Bridge, an overarching tool that connects the data from what’s happening on the ground in a physical warehouse operation to an intuitive cloud-based control center. This tool gives customers the ability to fine tune and control each aspect of their operation and optimize their warehouse to meet the unique needs of the business by leveraging the following features:

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Spotlight

This paper analyzes the relationships between a firm and its logistics provider to suggest a framework for efficient management of alliance between the two parties. Firstly, a framework is suggested to evaluate which areas of logistics a firm must outsource depending upon the importance of that function in a firm’s business model and industry’s competitiveness of that function. Then we analyze what functions companies outsource ranging from transportation to strategic decision making. Further, problems that arise during outsourcing are analyzed. Then a framework is discussed which establishes step by step how a company must approach outsourcing decision by having a strategic vision, choosing outsourcing function and mode of relationship carefully, the need of key performance indicators, implementation strategy and exit plan to efficiently manage balance between performance and control.

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