News - The Forum on Supply Chain Risk + Compliance Management 2016
Robust Supply Chain Environment and Highest Return On Investment Ensured by Standards & Certifications
TAPA Lays Emphasis On The Need Of Standards & Certifications For Mitigating Risks & Compliance Management. Aims At Minimising And Eradicating The Staggering Revenue Losses From High Value And Critical Cargo’s From Facilities And During Transortation.
SUPPLY CHAIN IN INDIA – Facts + Figures
- India – one of the world's fastest-growing economies likely to be a global economic powerhouse by next decade.
- India’s 12th Five-Year Plan suggests manufacturing in India is expected to grow at a Compounded Annual Growth Rate (CAGR) of 9.5 percent.
- Objectives of National Manufacturing Policy, which was introduced in 2011 under the 12th Five-Year Plan are;
- Increase manufacturing sector growth to 12 – 14 percent.
- Enable manufacturing to contribute at least 25 per cent of the national GDP by 2025.
- Increase the rate of job creation in manufacturing to create 100 million additional jobs by 2025.
- Enhance global competitiveness of Indian manufacturing through appropriate policy support.
- India is 54th on the World Bank’s Global Trade Logistics Performance Index (LPI), and 9th in the GDP growth worldwide.
- Supply chain costs in India represent as much as 13 percent of the GDP.
- Despite the generally positive economic outlook, estimates indicate that the country's inefficient supply chain results in an approximately $65bn loss per year.
The data projected above is absolute testimony of the fact that India is poised to be the leading manufacturing hub in the next decade and that is also substantiated with the Government of India Programs, such as ‘Make in India’, ‘Design in India’, and ‘Skill India’, including major sectors such as;
Aviation – which is the 9th largest market in the world – and is projected to be the 3rd largest by 2020 – with total freight traffic CAGR – 5.2% (FY 2006-13); 2.19 Million Tonnes in FY 2013.
Ports & Shipping – Projected cargo traffic to be handled by Indian ports by 2021-22 is 1695 Million Metric Tonnes as per the report of the National Transport Development Policy Committee – An increase of 643 Million Tonnes from 2014-15 - 2422 Million metric tonnes of cargo handling capacity required in Indian ports by 2021-22 – For this, additional cargo handling capacity of 901 million metric tonnes is required to be created in Indian Ports in the next 6 to 7 years – Port Projects involving investment of over USD 10 Billion identified for award during the next five years – Special Economic Zones (SEZs) are being developed in close proximity to several ports – comprising coal-based power plants, steel plants and oil refineries.
Railways – Fourth largest rail freight carrier in the world – Freight traffic volumes have increased steadily in the past five years at CAGR of 4.9% - Indian Railways proposes to modernize its logistics operations by setting up logistic parks that provide for warehousing, packaging, labelling, distribution, door-to-door delivery and consignment tracking in order to achieve better efficiency; mechanization of loading and unloading will be given top priority –A scheme for private participation in parcel movement will be launched shortly whereby procurement of parcel vans or parcel rakes by private parties will be facilitated.
Roads & Highways – The transport sector constitutes 6% of the country's GDP and 70% of the share of the roads sector – More than 60% of freight traffic in the country is handled by road – The rise in increasing freight traffic and strong trade flows between states are all set to augment growth – Road infrastructure is a key government priority and the sector has received strong budgetary support over the years.
With the brighter future also comes the challenges of securing the much-anticipated manufacturing sector and the key to the success of manufacturing is the SECURED Supply Chain eco-system.Today’s supply chains are longer and more complex than ever before, and they contain a huge range of risks. As supply chains continue to grow, visibility decreases leaving your supply chain vulnerable.
It is estimated that the combined losses from the Global Supply Chain theft of commercial vehicles and their loads costs businesses over USD 13 billion a year, and it is estimatedthat the true cost of cargo + freight crime to be as much as twice the value of the stolen goods.
Aside from the financial cost of recovery, for manufacturers and their logistics partners these crimes affect their ability to fulfill customer orders, damage their reputation, disrupt production schedules and lead to increased insurance premiums.The security of your supply chain is vital to ensure the integrity of products and services.
Therefore, to achieve the objectivity of the Government of India’s most ambitious programs ‘Make in India’, Design in India, and ‘Skill India’ – India Smart Supply Chain Forum brings to you the most anticipated FORUM on SUPPLY CHAIN RISK + COMPLIANCE MANAGEMENT together with Transported Asset Protection Association (TAPA) at a CITY near YOU.
Thursday, 7 July 2016 in Bengaluru
Friday, 8 July 2016 in Chennai
Thursday, 8 September 2016 in Ahmedabad
Friday, 9 September 2016 in Mumbai
This joint FORUM is intended as a bridge between the ‘movers and shakers’ of the Supply Chain World in India with the Standards Development Community of the world.
Mr. Herdial Singh, Treasurer, TAPA APAC shared an insight about TAPA and it’s initiatives towards minimising supply chain losses, “Over the years, TAPA has evolved from roots in the high technology to companies transporting high value & vulnerable goods. Today TAPA is a “member-centric” association of security & logistics professionals and related business partners driven by a vision of an international supply chain where controlled and traceable product can be transported in a cost efficient and secure environment.TAPA standards today are recognized by Customs and Law Enforcement Association in many countries as evidences of best practices for safety & Security. The approach TAPA has taken in its development and the update of its standards, especially in engaging its members throughout the development and the revision stages can be considered as being developed by the industry, for the industry to address the security challenges facing us today. “
Mr. Herdial Singh adds further about the self-audit/self-certification process that has been launched by TAPA, “In its drive to raise the security standard’s throughout supply chain as well as listening to its members - TAPA has recently launch a self-certification initiative for its FSR Level C and TSR Level 3, where the industry can certify its facility and its transportation fleet to the TAPA standard where the certification results are reviewed and endorsed by TAPA. The self-certification initiative with benefits of cost effective opportunity for logistics and transport companies to demonstrate their supply chain security commitment to customers will also provide the degree of improved security throughout the industry as the self-certification program takes off. “ “The self-certification programme is a simple process that allows the TAPA members to do a thorough self-check and enables them to prepare well for the next level of certification. It gives the certified company confidence and demonstrates to your customers, competitors, suppliers, Government Agencies, employees and investors that you use industry-respected best practices”, adds Mr. Tony Lugg, Chairman, TAPA APAC.
Mr. Bhabajit Nandi, Regional Supply Chain Security Manager-Microsoft APAC Region emphasizes on the constant need to support, propagate and drive such security initiatives in the supply chain industry across the entire APAC region and primarily, India due to the huge potential and value add derived by big corporations and MNCs by partnering with associations like TAPA, “As businesses face increasing supply chain related risks and challenges due to alarming rise of organized supply chain related crimes, counterfeiting and piracy related risks in the country, they face the related negative impact on business performance and customer goodwill. It is therefore, critical and of paramount importance that we develop a collaborative and partnering approach with our suppliers and customers by educating them and drive them towards a compliance based approach. This will ensure that we all are able to uniformly implement best practices aimed at risk mitigation and loss minimization in the end to end supply chain network. To Summarize, connecting the dots and collaboration is the key!!”
Transported Asset Protection Association (TAPA) The Transported Asset Protection Association (TAPA), a non-profit organization, is a unique forum that unites global manufacturers, logistics providers, freight carriers, law enforcement agencies, and other stakeholders with the common aim of reducing losses from international supply chains.
So, how can TAPA help your business fight cargo crime?
- The Association’s Security Requirements are recognized globally as the industry standard for cargo facility and transport security.
- TAPA’s Incident Information Service (IIS) constantly captures and shares data, enabling you to use the latest cargo crime intelligence to avoid incident ‘hotspots’, protect your goods in transit and, if required, to report and trace stolen property.
- TAPA regularly consults at the highest level of relevant government departments and with law enforcement agencies to support the requirements of its members in their campaign to reduce crime.
- Quarterly newsletter communication, lobby groups and working parties.
- TAPA organizes Trucking Security Requirements (TSR) and Facility Security Requirements (FSR) Auditor’s Trainings to enable Supply Chain Security Experts in upgrading their knowledge about the security parameters as well is ease and convenience in attaining TAPA Certification.
About India Smart Supply Chain Forum:
The forum where the world of Supply Chain Security Professionals come together under one roof to make use of adaptable working technologies, integrated communications and collaborations that allows a truly connected Smart Supply Chain Businesses that is much more than simple operations and logistics, and is about developing, managing and leading dynamic systems and processes that are at the very heart of business productivity and progression.
India Smart Supply Chain Forum will provide cross disciplinary knowledge and skills to succeed as a Smart Supply Chain Leader in today’s high-tech global economy, recognizing, creating and managing opportunities for reducing costs, driving growth and building maintainable competitive advantages.
India Smart Supply Chain Forum will highlight the application of Standards and Certifications in Securing Supply Chain Logistics vertical markets while driving the focus towards how Standards and Certifications are used to significantly improve business processes, drive innovation, help to reduce risk and improve bottom-line.
India Smart Supply Chain Forum endeavors to bring together the stakeholders from security and standards domain in Supply Chain Logistics fraternity to deliberate the opportunities and challenges facing the Supply Chain Logistics industry.
For Further Details Please Contact;
TAPA APAC India Service Center
Mobile: +91 9599074767, +91 9818105643
- Supply Chain RISK + COMPLIANCE MANAGEMENT – What it really means to MANUFACTURERS?
- Transforming the Supply Chain with National and Global STANDARDS to manage RISK and COMPLIANCE.
- IMPORTANCE & ROLE of STANDARDS & CERTIFICATIONS in Supply Chain RISK MANAGEMENT + COMPLIANCE.
- Best Practices Case Studies + Use Cases in Supply Chain Risk + Compliance Management.
- Securing the Supply Chain ECO-SYSTEM and the role and responsibilities of the STAKEHOLDERS;
- Logistics Providers
- Freight Carriers
- Law Enforcement Agencies
- Government Agencies
- Security Professionals
- Logistics Professionals
- Freight Services Industry Companies
- Insurance Companies
- Audit Companies
- Technology Companies
- The IMPORTANCE & ROLE of TECHNOLOGY in STANDARDS Development
- TELEMATICS for Cargo + Driver Safety and Security
- Cargo Safety & Security - Explore how telematics is used for combating hijackings, thefts and robberies
- Driver Safety & Security - Explore how telematics technologies can help enhance the driver safety and security by real time monitoring of driver behavior and driver fatigue
- Fleet Performance and Fuel Efficiency - The impact of telematics and fleet management technology on insurance
- Cold Chain Management - temperature-controlled supply chain:
- Life Sciences: Clinical Trials - Hospitals and Blood - Pharmaceuticals - Vaccines,
- Fresh and Processed Food - Produce - Seafood - Meat and Poultry - Dairy - Floral
- Technology Solutions for Warehouse Safety & Security
- Physical Security Information Management (PSIM) - An Integrated Approach to Warehouse Security for simplifying the command and control - at-a-glance snapshot of all operations, enhancing their situational awareness and increasing their ability to react to any security infringements within the warehouse environment - Witness how a PSIM platform that seamlessly brings together otherwise disparate solutions - Access Control, CCTV, RFID, Intruder detection and Fire systems.
- TELEMATICS for Cargo + Driver Safety and Security