Ajay Rao

📢What's in a name? Well, we think, it's all about the name✍️ At Prozo, we have evolved into a company that offers end to end supply chain services in an omnichannel/multi-channel enviornment. Here are some interesting facts 🚀🚀🚀 1. #Scale: Prozo handles a throughput of #billion dollars now through Prozo's supply chain network 2. #Growth: Integrated Warehousing and logistics business, which was a meagre #7Crs ARR business in Feb 2022 is now a #200Crs+ ARR business. All in a span of less than 30 months📈📈. We have been able to deliver this scale after "descaling 120 crs ARR" size e-commerce distribution and standalone FTL business in last 12 months. 3. #Market #Leadership: Among the new age competition peer group, we have evolved as a clear market leader when it comes to warehousing - be it in terms of revenue scale, network depth or the pedigree of clients we serve. 🥂🥂 2 millions sq ft, 37 fulfilment centres, 14 cities, 24000+ pincodes covered in logistics! 4. #Biggest #Segment: Fashion (Apparel & Footwear) has evolved as the biggest segment for us. With brands like #Bata #Neemans #Relaxo #Pepe #Bewkoof #Urbano #ThomasScott #HouseOfPataudi #Comet #Solethreads #Powerlook #Aramya #NautiNati #Vierdo #Mirragio #Lavie and many more choosing us a their supply chain partner. 🌞 5. #BPC (Beauty & Personal care) is the second largest category for us with brands lik #Traya, #Beardo, #The Man Company, #JustHerbs #Renee, #Minimalist etc choosing us as their preferred partner. 💖 6. #Truly #multichannel #Stack: With 51% of our business being D2C/B2C and 49% being B2B, we are truly multi-channel. We understand GT/MT channels as deeply as we understand CPT breaches threshold on Amazon. 💡 7. #Large #Enterprises #Trust #Us a lot more now: Enterprises ranging from Tata, Reliance, Aditya Birla, Crompton Greaves, Philips, Marico, Emami, V-Guard, McGraw hil, Daikin etc trust Prozo for their supply chain needs. 🥳 We serve a lot of unicorns too - PhonePe, Adda 247, Lead School etc to name a few. 8. #Control #Tower at Prozo has allowed to take SLA Adherence at the next level. The insanity with which we track SLAs can only be felt when you are within Prozo ecosystem.Its still day 0 for us. 80% + clients operate on Prozo WMS in Prozo's network. 🔥🔥 9. #Truly #Integrated: 87% of Prozo's logistics revenue comes from its warehousing clients, making it a truly #OTD (order to delivery) partner. 💯💯 10. #Profitable #Growth: Prozo is formally turning EBIDTA profitable this month. Our warehouse/network utilisation is best in the industry (87% + in July) 🥷🥷 Want to know how far we have come? Here is a sneak peak - https://shorturl.at/FOv3J None of this would be possible without the crazy #team we have, who work tirelessly and selflessly to make it happen - Vaibhav Dhawan Sagar Hawaldar Suraj Chadha Saurabh Jain Aashish Kalra Pulkit Garg Vishal Vyas #GoProzo 🦸🦸🦸 Happy Independence Day to you all!!!

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Watch me discuss how Emiza Inc. ensures sustainability in its operations and my expectations for the upcoming Union Budget 2024 for the logistics sector. You can watch the video on Sustainability Karma’s channel about “Green Logistics and Sustainable Supply Chain Frameworks” https://lnkd.in/gt4jEfRc #emizainnews #emizaimpact #sustainability #unionbudget #budget2024

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The concerns raised by Minister Piyush Goyal highlight the critical need to balance the growth of e-commerce with the welfare of small retailers and the broader economy. While the e-commerce sector in India is projected to reach $188 billion by 2025, it currently represents only about 7% of the total retail market. However, with Flipkart and Amazon controlling over 80% of the online retail space, the risk of market concentration is significant. Addressing these challenges requires a nuanced approach to policy, focusing on sustainable growth and inclusive development.

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With CONCOR’s new online registration for Customer and PDA services, we’re making it easier than ever for customers to access our services seamlessly. A step towards efficiency and progress in logistics. #EaseOfDoingBusiness #DigitalTransformation

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Many SMEs in India, who form the bulk of the local sourcing, are part of the supply chain network; some serve big businesses in their upstream chain and some remain entrenched in the distribution and logistics part of the chain. But either way they seem to be subject of transactional relationships with big businesses, the suffering in the process stems from very high receivables; the big businesses enjoy a part of their cash flow improvement from the large payables they maintain. Some of SMEs have complained that their normal cycle of getting payments has gone up to anything between four to six months. When you pay your local suppliers after four- to six months of getting the product or service, you are creating the foundation of your cash flows by postponing those of your partners. We must go beyond the known success stories in sourcing when it comes to local sourcing. After all local sourcing cannot stop at the B2B where both the B’s are Big Bs. What about Big Business to SME or SME to Big Business? Indian businesses seem to fall short; whenever we try to look at success stories, they seem to be about big businesses and their value chains. It is time Procurement leaders focus on local sourcing with a different eye. Developing the small businesses must start by acknowledging that the cash flows of the small businesses, including SMEs, matter as much as that of the bigger players with whom they transact. This is very important because in the current state of things, the results show that small businesses simply fail to deliver a better price, quality or delivery reliability because they fall short of their cash needs as far as their working capital goes; investing for improving or increasing scale can only come thereafter. On the other hand, without a local supplier, all the 8 Rs fail very dramatically (at least recycling, recovering, re-using and replacing fail surely). Take the example of Bridgestone Tires and their program on developing a sustainable supply chain. It is built on the ability to recycle used tire materials as raw materials and convert them into tires and also look at options of using a used tire through refurbishment into a tire as a solution. All the talk on sustainability and reduction of waste involves partnerships if India has to embrace Circularity. The foundation of circularity is built on small players who could be local waste collectors, disposers, local farmer, transporter, converter, intermediary, recycler, community partners, including the consumers themselves who form the bulk of the membership. If waste has to be recycled, the chain could be this ensemble of people. The global supply chains of the world of fast fashion have taught us that unless we have a mechanism of putting the waste of fast fashion to be recycled, we are in perennial cycle of waste generation; we can learn from the Bridgestone Tire case study. #supplychain #strategicsourcing #localsourcing #partnership #recycling #waste #logistics

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The Logistics and Warehousing sector will play a key role as India moves forward in realizing its vision for "Viksit Bharat" and further it will play a pivotal role as India transitions to achieving its Net Zero target. The key is that we all must act with a high sense of urgency given that there are strong financial outcomes on higher ROI and lower Opex that can be delivered by adopting Zero Emissions MHEs (Material Handling Equipment), in addition to helping decarbonize your supply chains and moving towards Net Zero. Looking forward to sharing some perspectives on Driving Sustainability in Logistics and Warehousing via Decarbonization of Supply Chains, as well as learning from other speakers and participants, at the ASSOCHAM National Conference on Logistics and Warehousing for Viksit Bharat. ASSOCHAM (The Associated Chambers of Commerce and Industry of India) GEAR - Gemini Equipment And Rentals Pvt. Ltd. Cargo Insights #sustainability #netzero #decarbonization #logistics #greenlogistics #zeroemissionmhe #supplychain #intralogistics #viksitbharat #gatishakti

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OPERATING THROUGH FTWZs IN INDIA: A VERTEXCREST LOGISTICS GUIDE India’s Free Trade and Warehousing Zones (FTWZs) offer companies an efficient way to manage import-export activities with two main operational models: 1. Trading Unit: Companies can engage in authorized activities like trading, warehousing, labeling, and consolidation. Registered Indian entities must secure a five-year renewable Letter of Approval (LOA) from the Unit Approval Committee. 2. Service Unit: Alternatively, businesses can leverage services provided by authorized Trading Units. Key Benefits of FTWZ Imports • Flexible Distribution: Adapt to changing market demands within India. • Duty Deferment: Free up working capital and invest in other growth areas. • Quality Control: Verify product quality before paying duties, minimizing risks. • GST Exemption: Benefit from tax exemptions on purchases and services, including transportation. • Temperature-Controlled Storage: Safeguard sensitive products like medicines in advanced facilities. • Optimized Inventory: Reduce buffer stock needs, cutting product costs. At Vertexcrest Logistics, we offer tailored solutions to help you leverage these advantages. Please contact us today to explore how we can streamline your FTWZ operations. #logisticscompany #ftw #warehouse #logistics #cargo #internationaltrade #logisticssolutions #GlobalFreight #globallogistics #freetradezone #supplychain #transportation #shipping #freight #trucking #logistic #bestlogistic #freetradewarehouse #freetradewarehousezone #seafreight #airfreight #containers #freighliner #transportationsolutions #delivery #globalwarehouse #ftwz #globaltrade #aircargo #smartlogistics #truckingdepot #transportmanagement #roadtransport #trucker #logistica #containershipping #port #vertexcrest #vertextcrestlogistics #3pl #3plwarehouse #3plprovider #projectcargohandling #cargoprojects #cargopackage #cargoproject #cargohandling #vertexcrestlogistics

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Navigating Success: Insights from ISCM's TMS Rankings We congratulate the top ten TMS Champions.  This is based on the Institute of Supply Chain Management (ISCM) ranking of SCM Tech for the year 2024 focusing entirely on the India Market. #ISCM rankings are an effort in the direction of providing an objective assessment based on a comprehensive methodology. Transportation Management Systems (#TMS) are transforming supply chain networks by streamlining logistics, enhancing visibility, and driving sustainability. ISCM's analysis underscores the critical role of aligning operational goals with the right TMS platform. From advanced AI and real-time tracking to eco-friendly practices and rapid deployment, these solutions are pivotal in addressing modern logistics challenges.  The Ranking highlights the importance of choosing scalable and adaptable platforms to optimize performance while balancing cost and complexity. As businesses navigate evolving supply chain demands, the right TMS can be a game-changer in achieving efficiency and resilience. The ranking for the year 2025 is open now, write to us at [email protected] #logistics Oracle SAP Blue Yonder Manhattan Associates Pando LogiNext WinStrata Software Solutions Pvt. Ltd. Ramco Systems Descartes Systems Group Locus Anoop Dubal Subhasis Chatterjee Joyce Goh Vinok Sequeira Saurabh Daga Rhea Rana Sachin Mungikar Nitin Jayakrishnan Priyank Kansara Prakash Ramnath Dhruvil Sanghvi Senthilkumar Sampath Sundar Subramanian Tarun Devasia Ragunathan A Shahab Wahdatehagh Rajesh Rizwani Abhinav Suresh Vinod Mathur Abhishek Dash Rakshit Narayanan Pranva VS Deepan Mahendran #tms #transportmanagement #supplychain

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ISCM Forums I find are possibly some of the richest discussions on Supply Chain . . .while we at Indicold are thinking automation, replicability and scale I can't wait to hear what the industry has to say . . . looking forward to a Supply Chain Saturday DM me and let's meet up at the event. . . Kartik Jalan Amit Sharma #indicoldproud #supplychain #iscm #coldchain #automation

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UNLOCKING THE POTENTIAL OF FREE TRADE ZONES (FTWZ) IN INDIA Free Trade Zones (FTWZ) are special economic areas designated for seamless trade and logistics operations. These zones are designed to facilitate import, export, and re-export activities while offering tax benefits, streamlined regulations, and state-of-the-art facilities to businesses. Key Features of FTWZ in India • Strategic Locations: FTWZs in India are located near major ports, airports, and trade hubs, ensuring smooth connectivity. • Customs-Free Storage: Businesses can store goods without paying customs duties until they are sold domestically or internationally. • World-Class Infrastructure: FTWZs are equipped with advanced warehouses, cold storage, and distribution centres. • Ease of Business: Companies enjoy simplified regulatory compliance, reducing bureaucratic delays. Facilities That Drive Growth • Integrated Warehousing: From climate-controlled storage to bulk cargo handling, FTWZs cater to diverse needs. • Value-Added Services: These zones offer labelling, packaging, and light assembly services to enhance product readiness. • Technology-Driven Operations: Automated systems ensure inventory accuracy and faster turnaround. • Tax Benefits: Exemptions on import/export duties and GST make FTWZs cost-efficient for businesses. Who Benefits From FTWZs? FTWZs cater to industries such as electronics, pharmaceuticals, automotive, and e-commerce. Companies can enhance their global reach by leveraging these zones for cost-effective and time-efficient trade. Future of FTWZ in India India’s FTWZs are reshaping the logistics and trade landscape, providing unmatched advantages for businesses aiming for international expansion. With robust infrastructure and favourable policies, these zones are the gateway to a brighter future in global trade. #logisticscompany #ftw #warehouse #logistics #cargo #internationaltrade #logisticssolutions #GlobalFreight #globallogistics #freetradezone #supplychain #transportation #shipping #freight #trucking #logistic #bestlogistic #freetradewarehouse #freetradewarehousezone #seafreight #airfreight #containers #freighliner #transportationsolutions #delivery #globalwarehouse #ftwz #globaltrade #aircargo #smartlogistics #truckingdepot #transportmanagement #roadtransport #trucker #logistica #containershipping #port #vertexcrest #vertextcrestlogistics #3pl #3plwarehouse #3plprovider #projectcargohandling #cargoprojects #cargopackage #cargoproject #cargohandling #vertexcrestlogistics

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What are the top key drivers of growth in the logistics sector in India? I believe the key drivers are the rise of India as a manufacturing hub, changes in consumer behaviour due to the e-commerce boom, increasing purchasing power, demand for multi-client warehouses, and significant infrastructural development collectively contribute to the sector’s robust growth. You can read my thoughts on Manufacturing Today India’s article on “Top 5 key drivers of growth in the logistics and warehousing industry” Do let me know your views on this in the comments section Read the full article https://lnkd.in/gB5Tifm3 #emizaimpact #logistics #supplychain #growth #letsbuildtogether #ecommerce #supplychaititans

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Just caught the latest episode of Let's Talk Bharat and it was a real gem! Anupam Kher sits down with Ashish Chauhan (MD CEO of National Stock Exchange) for a conversation about India's incredible growth potential. As a friend of Ashish's, I know his passion for India's future, and this episode truly captured it. They discussed the demographic dividend, the rise of the tech sector, and the importance of inclusive growth. If you're interested in India's economic journey, this is a must-watch! #IndianEconomy #TechSector #India #GrowthPotential #InclusiveGrowth https://lnkd.in/db-B5e9w

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These developments are game-changers for the logistics industry in India. The emphasis on digital transformation and infrastructure development is especially crucial for staying competitive in a global market. The collaboration between public and private sectors, coupled with a focus on skill development, will not only boost efficiency but also create new opportunities for businesses and professionals alike. Exciting times ahead for India's logistics sector!

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Enhance efficiency and sustainability by partnering with third-party logistics providers, leveraging technology for optimized shipping and intelligent supply chain management. Read more: https://zurl.co/NxHJi #3PL #logistics #logisticsmanagement #freightforwarding

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As per McKinsey, venture investment in Logistics companies has fallen by whopping 90% in 2023 and continues to remain muted in 2024. However, India has INCREASED its share of investment and surpassed Europe as well as China. Also, Systems and Software as a category continues to see maximum investment, next only to Last Mile logistics. The report cautions that PROFITABLE GROWTH is key to attract funding, through organic growth or M&A route. WebXpress Supply Chain Technology with its focus on India market is best placed to benefit from above trends. Vinay Hinge Siju Narayan Suresh Bansal Jash Gor Ivor Misquith https://lnkd.in/dcd64mS3

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The Institute of Supply Chain Management is proud to announce the "India Supply Chain Thought Leadership Summit" on 19th September 2024 at The Lalit, Mumbai. We welcome you to the India Supply Chain Thought Leadership Summit (ISCTLS), the premier event for senior leaders in supply chain management. Featuring star speakers whose companies have demonstrated excellence in supply chain transformation, this summit is a unique platform for thought leadership. Selected based on #ISCMsupplchainranking by #InstituteofSupplyChainManagement, our speakers are the champions of supply chain innovation. In an era marked by global macroeconomic shifts, geopolitical tensions, climate challenges, and commercial disruptions, the necessity to reimagine, rethink, and redesign supply chains has never been more critical. Amidst these changes, India stands out with its remarkable rise, prompting a transformative approach to supply chain management. Join us at ISCTLS to explore how Indian firms are innovating and reshaping their supply chains to adapt to these dynamic conditions. Discover emerging best practices as over 250 supply chain leaders come together for this exclusive event, offering unparalleled peer-to-peer learning and networking opportunities. Embrace the future of #supplychainmanagement and transform your strategies to thrive in this new era. To know more write to [email protected]

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*News Headlines from Business News Agencies:* *Business Standard* 📝 Indian Railways plans 23 new container terminals to enhance cargo movement 📝 Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL 📝 ESB chairperson Mallika Srinivasan gets one-year extension beyond 65 yrs 📝 Port delays and red tape strain India's 10,000 steel user units: GTRI 📝 Spirit Airlines files for bankruptcy after long run of quarterly losses 📝 SBI raises Rs 10,000 crore through 15-year infrastructure bonds at 7.23% 📝 Taiwan seeks economic partnership with EU to boost semiconductor ties 📝 India's Apollo Radiology acquires reporting wing of UK's InHealth Group 📝 Alibaba plans to raise $5 billion through dual currency bond issuance 📝 Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook 📝 RBI to launch cloud services in 2025 to challenge global firm dominance 📝 Paddy procurement begins, target set to purchase 16 million tonnes *Economic Times* 📝 Indian REITs distribute Rs 2,754 crore in H1 FY24, up 14% YoY 📝 India's GCC ecosystem set to hit $100 billion by 2030: report 📝 GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan 📝 Cost of borrowing very stressful, banks need to make interest rates affordable: FM Sitharaman 📝 Bajaj Finance FD book rises 21 pc to Rs 66,131 cr as on September-end 📝 MakeMyTrip to acquire Happay Expense Management Platform from CRED 📝 IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer 📝 Hindalco expects to gain from China scrapping export tax rebate 📝 The Good Glamm Group completes acquisition of The Moms Co 📝 Govt to exceed FY25 direct tax collection target: CBDT chief 📝 HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India 📝 SBI to open 500 new branches in the financial year 2025, says Nirmala Sitharaman *Mint* 📝 Tata Electronics to buy 60% stake in Pegatron's iPhone plant: Report 📝 RBI to take on Google, Microsoft with its first-ever cloud platform: Report 📝 India likely to attract USD 20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda 📝 Urban labour market shows improvement as unemployment declines in September qtr 📝 Pharma, electronics and engineering goods among India's top exports in Apr-Oct 📝 Click2Pro Expands Mental Health Consultation Services across India 📝 Geniemode eyes ₹500 cr fundraise from new and existing investors 📝 Nykaa’s beauty business growth is a highlight, but margin is a sore spot 📝 HealthKart raises $153 million led by ChrysCapital, Motilal Oswal Alternates 📝 Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO 📝 WeWork India appoints Jitendra Mohandas Virwani as non-executive chairman, Karan to be MD & CEO

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Vew Express Logpro Supply Chain Solutions #new logistics policy#supplychain The NLP thus aims to promote seamless movement of goods and enhances the competitiveness of Indian industries. Also, it seeks to reduce the logistics cost from 16 per cent of Gross Domestic Product (GDP) to a global average of 8 per cent by 2030. Further, as per the estimates, the worth of the Indian logistics market will be around $ 215 Bn in the next two years compared to $ 160 Bn. Investment Information and Credit Rating Agency of India Limited (ICRA) estimates that the sector will develop at a Compound Annual Growth Rate (CAGR) of 10.5 per cent through 2025 after growing at a CAGR of 7.8 per cent over the past five years. This sector employs more than 22 million people in India, which through skill development is expected to grow at the rate of 5 per cent in 5 years. The four significant steps to be undertaken for NLP include: Integration of Digital System (IDS): There will be digital integration of different systems of seven various departments (like road transport, railways, aviation, commerce ministries and foreign trade) Unified Logistics Interface Platform (ULIP): This ensures shorter and smoother cargo movement and enables the exchange of information confidentially on a real-time basis. This National Industrial Corridor Development Corporation (NICDC) Logistics Data Bank Project has been leveraged. Ease of Logistics (ELOG): will enable and ensure the ease of logistics business through transparency and accessibility System Improvement Group: will monitor all logistics-related projects regularly

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CONCOR and Gati Shakti Vishwavidyalaya have entered into a strategic partnership to drive innovation in logistics through academic collaboration. This milestone aligns with our vision to enhance efficiency and provide cost-effective solutions

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