A STUDY ON THE COMPANY GOODRICH MARITIME LOGISTICS …

A STUDY ON THE COMPANY GOODRICH MARITIME LOGISTICS

THE PROJECT REPORT SUBMITTED TO

AMET ACADEMY OF MARITIME EDUCATION AND TRAINING

DEEMED TO BE UNIVERSITY

IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE DEGREE

BACHELOR OF BUSINESS ADMINISTRATION (BBA) (SHIPPING)

BY

ARUL JYOTHI (REG.NO. ABA18010)

UNDER THE GUIDANCE OF

DR. SHANTHI NACHIAPPAN

PROFESSOR, AMET B SCHOOL

AMET BUSINESS SCHOOL May 2020

DECLARATION

I hereby declare that the project work entitled “A STUDY OF THE COMPANY GOODRICH

MARITIME LOGISTICS ” submitted to AMET Business School, AMET (Deemed to be

University), under the guidance of Dr.SHANTHI NACHIAPPAN, PROFESSOR,AMET

BUSINESS SCHOOL, in partial fulfilment of the requirement for the award of the degree of

Bachelor of Business Administration (Shipping) is a record of original project work done by

me during the period of study in AMET Business School from 2018-2021

Date:10/7/2020

Place: Chennai

CERTIFICATION OF APPROVAL

This is to certify that the project entitled “A STUDY OF THE COMPANY GOODRICH MARITIME LOGISTICS ” is a bonafide research work carried out independently by ARUL JYOTHI (REG.NO. ABA18010 ), student of BBA (Shipping) of AMET Business School, AMET (Deemed to be University), Kanathur-603112, during 2018-2021 in partial fulfilment of the requirement for the award of degree of Bachelor of Business Administration in Shipping.

Signature of Guide HOD-BBA

Date:07/06/2020

INTERNSHIP ALLOCATION REPORT 2019-20 Name of the Department: AMET BUSINESS SCHOOL

(In view of advisory from the AICTE, internships for the year 2019-20 are offered by the Department itself to facilitate the students to take up required work from their home itself during the lock down period due to COVID-19 outbreak) Name of the Programme : BBA - SHIPPING Year of study and Batch/Group : II Name of the Mentor : DR. SHANTHI NACHIAPPAN Title of the assigned internship :

“A STUDY OF THE COMPANY GOODRICH MARITIME LOGISTICS ”

Nature of Internship : Individual/Group Reg No of Students who are assigned with this internship: ARUL JYOTHI (REG.NO. ABA18010)

Total No. of Hours Required to complete the Internship: Signature of the Mentor

Signature of the Internal Examiner

Signature of HoD/Programme Head

INTERNSHIP EVALUATION REPORT 2019-20 Name of the Department: AMET BUSINESS SCHOOL (In view of advisory from the AICTE, internships for the year 2019-20 are offered by the Department itself to facilitate the students to take up required work from their home itself during the lock down period due to COVID-19 outbreak) Name of the Student ARUL JYOTHI

Register No and Roll No (REG.NO. ABA18010)

Programme of study BBA - SHIPPING Year and Batch/Group II Semester II / IV / VI / VIII Title of Internship “A STUDY ON AIMS LOGISTICS INDIA

PVT.LTD” Duration of Internship 30 DAYS Mentor of the Student DR. SHANTHI NACHIAPPAN

Evaluation by the Department Sl No. Criterion Max.

Marks Marks Allotted

1 Regularity in maintenance of the diary. 10 6 2 Adequacy & quality of information recorded 10 6 3 Drawings, sketches and data recorded 10 6 4 Thought process and recording techniques used 5 3 5 Organization of the information 5 4 6 Originality of the Internship Report 20 13 7 Adequacy and purposeful write-up of the Internship

Report 10 8

8 Organization, format, drawings, sketches, style, language etc. of the Internship Report

10 8

9 Practical applications, relationships with basic theory and concepts

10 8

10 Presentation Skills 10 8 Total 100 69

Signature of the Mentor



1. LOGISTICS INDUSTRY

What is Logistics ?

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing, and often security.

Types of Logistics :

Inbound logistsics is one of the primary processes of logistics concentrating on purchasing and arranging the inbound movement of materials, parts, or unfinished inventory from suppliers to manufacturing or assembly plants, warehouses, or retail stores.

Outbound logistics is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end-user.

Procurement logistics

Distribution logistics

After-sales logistics

Disposal logistics

Reverse logistics

Green logistics

Global logistics

Domestics logistics

Concierge service

Reliability, availability, and maintainability

Asset control logistics

Point-of-sale material logistics

Emergency logistics

Production logistics

Construction logistics

Capital project logistics

Digital logistics

Beginning of Logistics

THE WORD “LOGISTIC” ORIGINATED FROM THE COMBINATION OF LOGIC (LOGIC) AND STATIC (LATIN) IN THE LATIN LANGUAGE.

Logistics is primarily a military term, so the first applications were in military areas. However, the word’s main importance was first understood during World War II and then started to be viewed and applied to logistics as a scientific subject. After World War II, many U.S. enterprise businesses recognized the importance of logistics and started to take advantage of logistics services beginning in 1960 and continuing to the present

WITH THE INCREASE IN GLOBALIZATION IN THE 1990S, COMPANIES STARTED TO IMPORT AND EXPORT MORE, AND TRANSPORTATION HAS BECOME AN IMPORTANT FACTOR FOR BUSINESSES IN TERMS OF COST AND TIMELINESS.

Businesses gave importance to transportation in order to maintain their existence in a competitive environment. However, length of distances and the importance of time management have been competitive factors, and businesses must act by integrating various transportation systems. As a result, control of transportation systems has become an important factor. Companies have considered transportation as strategically important in order to maintain the speed of their activities and avoid losing their market share.

AS A RESULT OF THE NEVER-ENDING DRIVE TO MAINTAIN COMPETITIVENESS, THE FIELD OF “LOGISTICS MANAGEMENT” HAS EMERGED, WHICH INCLUDES ALL STAGES OF TRANSPORTATION.

Position in global

The global logistics market is anticipated to register a CAGR of 3.48% from 2016 to 2022 to attain a market size of around $12,256 billion by 2022. Asia-Pacific is anticipated to contribute significantly in terms of revenue to the logistics market share.

WHILE EACH COUNTRY HAS BECOME A POTENTIAL MARKET, SUPPLY AND SALES OPPORTUNITIES BETWEEN COUNTRIES HAVE RESULTED IN THE NEED FOR LOGISTICS, EACH YEAR. ALLOWING THE LOGISTICS INDUSTRY TO REACH GROWTH RATES OF UP TO 20%

Indian logistics

In the new age, logistics is the mixture of infrastructure, technology and new types of service providers

The Indian logistics sector is currently around $160 Bn and estimated to be of $215 Bn by 2020

International cooperation is required to make the logistics sector grow

From last couple of years, it has seen significant development which is reflected in the global rankings. According to the reports of Global Ranking of the World Bank’s 2018 Logistics Performance Index, India jumped to 35th rank in 2018 from 54th rank in 2016 in terms of overall logistics performance.

Main functions of logistics

There are 6 key functional areas of logistics management,

Inventory Planning and Management .

Warehousing.

Procurement of Goods and Services.

Packaging and Storage.

Transportation.

Customer service.

Main challenges of logistics

Fuel Costs.

Business Process Improvement. ...

Better Customer Service. ...

Manpower Management. ...

Environmental Issues. ...

Technology Development. ...

Reverse Logistics. ...

Inventory Control and Visibility.

Future scope of business

Logistics is regarded as the backbone of the economy as it ensures efficient and cost-effective flow of goods and other commercial sectors depend on it. Logistics industry in India is evolving rapidly. It is the interplay of infrastructure, technology and new types of service providers, which defines whether the logistics industry will be able to help its customers reduce their costs and provide effective services. Despite weak response, the logistics industry continues to witness growth owing to the progress in retail, e-commerce and manufacturing sectors. The Global Logistics sector was expected to grow 10 to 15 per cent in 2013-14. Logistics industry is expected to reach over $ 2 billion by 2019. Rise of e-commerce logistics and increased domestic consumption will pave the way for the industry to grow further in future. With the promise of steady growth and improvement, the service oriented logistics industry is ready to expand beyond the horizons in the latter half of this decade.

COVID-19 Impacts on Logistics

he global logistics industry had a turbulent 2019, registering 1.2% in merchandise trade volume growth due to the stagnant global economy, trade disputes, geopolitical uncertainties, and environmental regulations. In Q1 2020, the COVID-19 outbreak flipped the growth switch in every area of the economy, and the global supply chain is no exception. As the global economy grapples with the pandemic situation, its impact on global trade and supply chain is mounting with rapid deterioration in global investment flows.

The container movement in the transatlantic and transpacific trade lanes has contracted due to the COVID-19 crisis with China’s manufacturing shutdown and sudden recession conditions in North America and Europe. The backlog of delayed orders, port calls, and blank sailings have escalated volume pressures on the containerized supply chain. The pandemic has created a supply shock across the markets, causing severe supply chain disruption, unlike a negative demand shock during the 2008 global financial crisis.

Ocean freight transportation takes the slow lane

China hosts two-thirds of the top 10 busiest ports in the world and meets more than 40% of the world maritime trade. The economy shutdown has led to supply shortages, and the pandemic situation is taking a toll on the global maritime segments, from oil tankers to container lines. The slump in cargo volume has led to increased carrier service cancellations and delays, and blank sailings are being announced by major carriers. The trend is expected to continue

considering the uncertain market condition and measures to address the supply/demand imbalance. If the situation prolongs, carriers are expected to opt for heavy capacity reduction measures, which would impact the fleet-to-order book.

The major container carriers are at low risk for bankruptcy with this COVID-19-induced downturn as they use blank sailings to counter the impact. However, the small and medium-sized carriers are highly exposed and vulnerable to this unprecedented situation. With weakening investor confidence accompanied by a force majeure situation on energy-related projects, an outbreak in the Middle East, and steep cuts in OPEC oil production, Chinese exports on breakbulk and project cargo are expected to decline in the near-term, impacting the demand growth for heavy lift and multipurpose vessels (HLV/MPV). The widespread impact of COVID-19 accelerates the freefall in the price of VLSFO (very low sulfur fuel oil), reducing the bunker cost. Following the crash of oil prices, the extra cost of the IMO 2020 rule will be deferred until the global economy normalizes, posing a short-term relief for the container lines hit by slumping cargo volumes.

Mitigation measures and contingency planning

The COVID-19 outbreak has shown the industry how delicate the supply chain has become. The heightened safety precautions have required the logistics industry to work in emergency services, as governments and logistics associations work hard to keep the essential supplies flowing. During this difficult time, it essential for logistics companies to have an immediate focus on enabling end-to-end visibility, agility, process flexibility, and collaboration to support their customers in anticipating disruptions and mitigating the respective impacts.

With the global maritime and air freight industry experiencing capacity constraints, logistics service providers should drive transparency by assessing “what-if” scenarios with customers to understand planned volume and strategic needs. Advanced capacity bookings for air cargo could mitigate supply risks for customers on emergency shipments. Freight forwarders and small and medium-sized freight operators should emphasize building digital capabilities to evaluate alternate route-to-market models and address potential operational gaps. Digital logistics is essential to drive the adoption of e-freight to combat the spread of the virus through paper documentation. Production logistics service providers should focus on testing multimodal freight movement as a solution for customers with high dependence on the Chinese supply base, considering their potential dual-sourcing strategies and development of an alternate supply network. In the retail industry, order backlogs are creating inventory stocking issues. However, the adoption of the Internet of Things (IoT) in warehousing and distribution operations would facilitate inventory accuracy, ensuring the placement of the right products in the right place at the right time. In the long term, robotics systems for warehouse operations, SaaS platforms for transportation management and control tower operations, and artificial intelligence-powered technology platforms for customer management will allow logistics companies to anticipate supply chain risk and promote sustainability goals with enhanced operational efficiency.

The Goodrich story started in the year 1997, when the promoters of the company T. Venkataraman and R. Gopal incorporated a company called Goodrich Maritime Pvt. Ltd., in Mumbai, India. The objectives before the promoters were to provide Shipping Agency services to the Indian trade. In the 19 years’ of its existence, this company grew in a formidable manner, to encompass within its scope, activities ranging from various spheres of shipping and logistics services.

It expanded geographically from a small presence in Mumbai to various ports and ICDs in India and overseas. Today Goodrich has a very strong presence in overseas locations like UAE, Singapore, Indonesia, Malaysia, Thailand. Kazakhstan, Afghanistan and the USA, and a cumulative employee strength of around 560 people. It is recognized by the Indian trade as “The Most Versatile and The Fastest Growing Logistics Company in India.

Aiming to be among the TOP globally too! From a

predominantly India-centric operation, Goodrich today has multiple global operations. The Goodrich Management has never believed in having an unlimited number of group companies needlessly, but always believed in creating additional companies in the group, with a clear-cut strategy in mind. Sometimes geographical and at other times activity-oriented!The highly

proactive Directors of the Goodrich group have been trailblazers and trendsetters. Working on a 24×7 basis, these leaders have propelled the group to great heights over the last 19 years. This is evident also from the year-on-year growth in the top line and net profits of group companies. So deep rooted are their innovative capabilities, that they could visualize that their dream could fade away if they do not introduce ingenuous activities within their core competency and that was Shipping and Logistics.

There was a lot of thought and design in their approach. Today they are in a position to insulate and protect their profitability, from any untoward downward trend in one or a couple of their activities.

If their efforts have been tireless, their superbly trained and motivated personnel have taken a cue from them, to pursue the goals set by the Directors.

To achieve such an eminent place in the mercantile marine world, the sweat of the people’s efforts was supported by an amiable office atmosphere and constantly enhancing the state-of-art IT infrastructure.

The parent company, Goodrich Maritime is already ISO 9001-2008 certified, and along the way the Dubai outfit Goodrich Maritime LLC has also been similarly accredited by DNV-GL. Goodrich is also moving towards other product specific certifications.

Vision Our versatility in the sphere of shipping and logistics is limitless. Unexplored horizons still beckon us.

Mission To be recognised consistently as ‘the most’ versatile shipping and logistics company, offering on a global basis services par excellence, and developing credibility with all stakeholders to ensure their absolute satisfaction.

SERVICES

‘SERVICES DESIGNED TO DELIVER

ANY TIME, ANYWHERE’

Air Imports & Exports Sea Imports & Exports Consolidation service Customs Clearance Dry & Temperature controlled warehouonesing Dry & Temperature controlled transportation

Air imports & Exports

• Import & Export freight forwarding through our network of WACO agents

• International and domestic airfreight transportation.

• Door-to- Door shipments along with customs clearance and onward delivery

• Timely and express deliveries

• Time sensitive Cargo Hazardous Cargo

• Charter or part charter

• Examination and customs bonding facilities

• Customs bonded transport

Sea imports & Exports

Door-to-Door movement for Less than Container Load(LCL) , Full Container Load (FCL), Break Bulk, Reefer and Perishables and Over Dimensional Cargo(ODC) with customs clearance.

Examination and Customs bonding facilities

Consoles for imports and exports

Stuffing and de-stuffing of containers at Ports, Inland Container Depots (ICD’s ) and Customer’s Warehouse

Choice of sailing schedules through own tie –up with various shipping lines

Purchase order management and cargo tracking

Customs Clearance

Own CHA License in all major air and sea ports of India

Proven track record in time bound clearances of Pharmaceuticals, Food, Hospitality, Automobiles, Medical & Retail

Specialists in High Value Luxury and Branded items

Time bound clearance of second hand machinery, hazardous and perishable goods

Bonding and de-bonding

BRANCHES AND EXPANSION

U.A.E

Goodrich Maritime LLC (GMLLC)

Established in the 2003, GMLLC was one of the first initiatives taken by Goodrich Maritime India, to set up a subsidiary overseas. The objective behind the formation of this company was to replicate the established business verticals of the parent company in India.

These included a Liner Agency, representations of Tank Operators, supply and fitting of Flexi bags, etc. The enhanced objective was also to set up regional headquarters for Goodrich in the Arabian Gulf. All these objectives were achieved via the establishment of GMLLC, which today has a strong represented presence in countries like Kuwait, Qatar, Bahrain, Saudi Arabia, Oman and Iraq, with dependable agents.

GMLLC successfully ran a Dry Van NVOCC, encompassing the whole of Asia. Building in the process an impressive fleet of owned DV units, Reefers, Flat Racks and Open Tops; simultaneously operating its own, very profitable, Global Tank Operations.. This is apart from building its own fleet of owned, leased and lease-purchase tanks of various capacities. GMLLC apart from operating also is active in short and long term leasing of tanks.

Goodrich Maritime LLC after its recent restructuring, now concentrates exclusively on the operation of only special equipments like tanks, reefers and equipment like Flat Racks and Open Tops.

What was especially remarkable, was the growth of GMLLC as a global tank operator. In the present scenario, Goodrich tanks move to all corners of the globe in an efficient manner.

SINGAPORE

Goodrich Asia Pacific Pvt. Ltd. (GAP)

It was imperative for Goodrich to have a truly representative, wholly-owned subsidiary in South East Asia. Keeping this in mind and the strategic importance of Singapore, Goodrich Asia Pacific Pte Ltd. was incorporated in 2014.

GAP is making rapid progress as an agency company in Singapore, involved in promoting all types of container equipment. GAP Singapore is also an active ocean and air freight forwarder.

The company has now set up its own wholly-owned subsidiary in Malaysia – Goodrich Asia Pacific Sdn Bhd.

The Goodrich management expects GAP Singapore to be a focal point for creating a sizable presence for the Group, not only in South East Asia, but China, Korea and other Far East countries. The company is expected to perceptibly augment the revenues and asset value of the Group.

INDONESIA

The Goodrich Management during entered into a strategic arrangement with a like-minded partner, to form PT. Optima Lautan Bersama.

The intention was to tap the enormously rich trade potential of the various segments of the Indonesian archipelago. Since its inception, Optima has been involved in all spheres of activity in which Goodrich specialises, viz.

Shipping Agency, Global Freight Forwarding, Reefers, ISO tanks or CIS services. With a strong work force, Optima today is a name to reckon within shipping circles in Indonesia.

U.S.A

Goodrich Americas Inc.

Goodrich Americas Inc. was formed in November 2013. The company started full operations in the USA from October 2014, after obtaining the FMC OTI # 25194NF. Goodrich Americas Inc. is not only a licensed freight forwarder, but also a licensed NVOCC, with its own TT Club-approved Bill of Lading.

The company is a wholly-owned subsidiary of Goodrich Maritime Pvt. Ltd., India, which has over 19 years’ of specialised experience in Shipping and Logistics services.

Goodrich Americas is poised to grow by leaps and bounds, with the support of its parent company; operating through over 23 branches in India and other overseas offices.

KAZAKHSTAN

GOODRICH CENTRAL ASIA LLP

Set up in August 2015 with offices in Almaty and Atyrau, Goodrich Central Asia is bolstered by its promoting company and associate companies. The office is backed by professionals chosen from the best in the industry from this complex geographical area. Their hands on know-how of this region, gives Goodrich Central Asia a unique advantage to progress rapidly.

Today, the Central Asia office offers the following services :

• Global Freight Forwarding

• Customs Broking and Inland Transportation

• Multi-modal Transportation

• Trucking across borders

• LCL/LTL services

• Warehousing

• Reefer Container services

• Project Cargo Logistics

• Bulk Liquid Services

Goodrich foresees huge potential in the CIS region and envisions that this office will rise and possibly expand beyond the horizon.

SRI LANKA

GOODRICH LANKA PVT LTD was formed in conjunction with Sea Master Shipping of Sri Lanka, as a Joint Venture Company on 15th June 2017 at Colombo.

The scope of activities include:

• Shipping Agency

• Reefer Cargo Services

• Total Logistics

• Project Cargo & Heavy Lifts

• Bulk Liquid Logistics

• ODC/OOG Cargo Service

• CIS Countries

• Container Depot Service

SENEGAL

GOODRICH LOGISTICS SARL

Date of Establishment: 26.06.2018

Activities & Core Competencies: Providing supply chain solutions & multi-modal transport & shipping solutions for both Air & Sea shipments. Moreover we also provide custom clearance, warehousing, road transportation solutions for project & general cargo for countries in Africa.

THAILAND

Goodrich Thailand Co. Ltd. (GTCL)

The Goodrich management was absolutely sure of the huge potential that exists for International Trade in Thailand. Keeping this in mind Goodrich proceeded to set up its own shop in Thailand, by incorporating Goodrich Thailand Co. Ltd. (GTCL), a joint venture between Goodrich Asia Pacific, Singapore and a local Thai holding Company.

The identified business areas for GTCL are Liner Agency, Liquid Logistics, Reefer Service, International Freight Forwarding and Bulk Vessel Operations.

GTCL anticipates to do very well in all these segments and expects to be a profitable company from the first year of its operations.

Goodrich Maritime Private Limited is an unlisted private company. It was incorporated on 12

March, 1997 and is located in Mumbai, Maharashtra. It is classified as a private limited

company.The company has two directors - Venkataraman Thyagarajan and Gopal

Ramakrishnan.

Goodrich Maritime Private Limited's operating revenues range is INR 100 cr - 500 cr for the

financial year ending on 31 March, 2018. It's EBITDA has increased by 2.23 % over the

previous year. At the same time, it's book networth has increased by 9.34 %. Other performance

and liquidity ratios are available here

The registered office of the company is at SUITE 216/217 2ND FLOORSAI COMMERCIAL,

STATION ROAD GOVANDI, MUMBAI, Maharashtra.

The total paid-up capital is INR 1.80 cr. The last reported AGM (Annual General Meeting) of

the company, per our records, was held on 30 September, 2019. Also, as per our records, its

last balance sheet was prepared for the period ending on 31 March, 2019.

Provided here are the financial indicators for financial year ending on 31 March, 2018

Operating Revenue INR 100 cr - 500 cr

EBITDA 2.23 %

Networth 9.34 %

Debt/Equity Ratio 0.16

Return on Equity 13.10 %

Total Assets 9.21 %

Fixed Assets -21.31 %

Current Assets 7.43 %

Current Liabilities 16.55 %

Trade Receivables 27.53 %

Trade Payables 16.73 %

Current Ratio 1.25

CONNECTED COMPANIES

AJEX CARGO PRIVATE LIMITEDIt was formed in year 1995 in Delhi . The company currently has a paid up capital of INR 23.75 lac.

GOODRICH CONSULTANCY SERVICES PRIVATE LIMITEDIt was formed in year 2015 in Maharashtra . The company currently has a paid up capital of INR 26.00 lac.

GOODRICH LOGISTICS PRIVATE LIMITEDIt was formed in year 1999 in Maharashtra . The company currently has a paid up capital of INR 3.30 cr.

FAIRDEAL FREIGHT SOLUTIONS LIMITEDIt was formed in year 2012 in Maharashtra . The company currently has a paid up capital of INR 19.42 cr.

VECTOR FREIGHT PRIVATE LIMITEDIt was formed in year 2000 in Maharashtra . The company currently has a paid up capital of INR 21.00 lac.

ASSOCIATION OF MULTIMODAL TRANSPORT OPERATORS OF INDIAIt was formed in year 1998 in Maharashtra . The company currently has a paid up capital of INR 0.00 .

MAP INSPIRATIONS PRIVATE LIMITEDIt was formed in year 2013 in Maharashtra . The company currently has a paid up capital of INR 1.00 lac.

INDUSTRY

USHODAYA SHIPPING PRIVATE LIMITEDIt was formed in year 1983 in Telangana . The company currently has a paid up capital of INR 1.80 cr.

SHRI GANGADASS ENTERPRISES PRIVATE LIMITEDIt was formed in year 2016 in Delhi . The company currently has a paid up capital of INR 1.80 cr.

NUTAN WAREHOUSING COMPANY PRIVATE LTDIt was formed in year 1972 in Maharashtra . The company currently has a paid up capital of INR 1.80 cr.

BABA BHUTNATH HEEMGHAR PRIVATE LIMITEDIt was formed in year 2005 in West Bengal . The company currently has a paid up capital of INR 1.80 cr.

SOUTHERN ACADEMY OF MARITIME STUDIES PRIVATE LIMITEDIt was formed in year 2000 in Tamil Nadu . The company currently has a paid up capital of INR 1.80 cr.

SATA-HRISHI COLD STORAGE PRIVATE LIMITEDIt was formed in year 2008 in West Bengal . The company currently has a paid up capital of INR 1.80 cr.

COLD CARE SERVICES PRIVATE LIMITEDIt was formed in year 2000 in Telangana . The company currently has a paid up capital of INR 1.80 cr.

KEERTHANA COLD STORAGE PRIVATE LIMITEDIt was formed in year 1998 in Telangana . The company currently has a paid up capital of INR 1.80 cr.

GANGES WATER TRANSPORT CO PVT LTDIt was formed in year 1995 in West Bengal . The company currently has a paid up capital of INR 1.80 cr.

TRANS LANKA AIR TRAVELS PRIVATE LIMITEDIt was formed in year 1989 in Tamil Nadu . The company currently has a paid up capital of INR 1.80

INDUSTRY











INDUSTRY











4.HRM policy

A peek into Robinsons and one can feel the energy levels rising. This 4th Generation Company boasts a diverse workplace and respects and values the unique characteristics of all its Global Partners.

Here we alliance with our stake-holders to create successful Global Partnerships. Our employees are our assets; our agents our strengths & our customers our guides to the future.

Robinsons fosters an environment of teamwork, learning, trust and consciousness and follow an extremely practical approach towards business. Concepts like employee empowerment and reward promote all kinds of vertical and lateral growth within the company and its departments.

HR Policy

The goal of an HR policy in any business is to set and communicate ground rules for hiring, training, performance evaluations and compensation. For a shipping company, HR policies also should address topics pertaining to federal and state regulatory compliance. For example, the Occupational Safety and Health Administration, the U.S. Department of Transportation and state Departments of Transportation all have specific regulations that apply to shipping companies. Clear, well-written HR policies are vital to making sure your employees understand their rights and responsibilities, as well as applicable compliance requirements.

Communication Protocols

With large numbers of employees working off-site, HR departments often work and communicate with employees remotely instead of in-person. Since increased communication is a policy goal, it’s vital for HR not only to establish clear communication protocols within the policy but also to make sure your employees have access to the most current information. In addition to making sure the most current version of the policy readily accessible to all employees, telephone meetings, email, discussion boards and team calendars are helpful communication tools.

Hiring and Pay

A well-defined recruitment policy is vital to attracting qualified employees. Intense competition in the shipping industry often means going where potential employees are, instead of waiting for candidates to find you. Hiring practices must consider both skills and compliance requirements, such as background checks, commercial licensing regulations and drug-testing requirements. The policy should also establish and clearly define a competitive pay structure. For example, the pay structure for an over-the-road driver might include a standard pay rate for mileage and incentives for downtime and trailer unloading.

Training and Development

Although web-based training is often sufficient for compliance training, policy directives should include an annual or semi-annual in-person skills training requirement. In addition, the Society for Human Resource Management recommends increasing the degree of training documentation you provide off-site employees. Written summaries, online answers to frequently asked questions and scenario-based guidance, such as bad weather driving tips, are helpful tools for summarizing on-site training. Policy directives should also outline procedures for conducting and following up on an annual performance appraisal. A mentoring program is often helpful, both in helping off-site employees feel connected and in skill development

5.services

SERVICES

Services offered by Robinsons cargo and logistics :

Air Imports & Exports

Sea Imports & Exports

Consolidation service

Customs Clearance

Warehousing

Distribution

ir imports & Exports

• Import & Export freight forwarding through our network of WACO agents

• International and domestic airfreight transportation.

• Door-to- Door shipments along with customs clearance and onward delivery

• Timely and express deliveries

• Time sensitive Cargo Hazardous Cargo

• Charter or part charter

• Examination and customs bonding facilities

• Customs bonded transport

Sea imports & Exports

Door-to-Door movement for Less than Container Load(LCL) , Full Container Load (FCL), Break Bulk, Reefer and Perishables and Over Dimensional Cargo(ODC) with customs clearance.

Examination and Customs bonding facilities Consoles for imports and exports Stuffing and de-stuffing of containers at Ports, Inland Container Depots (ICD’s ) and

Customer’s Warehouse Choice of sailing schedules through own tie –up with various shipping lines Purchase order management and cargo tracking

Customs Clearance

Own CHA License in all major air and sea ports of India Proven track record in time bound clearances of Pharmaceuticals, Food, Hospitality,

Automobiles, Medical & Retail

Specialists in High Value Luxury and Branded items Time bound clearance of second hand machinery, hazardous and perishable goods

Bonding and de-bonding

WAREHOUSING

We have an extensive network of warehouses in key locations across the country. Our warehouses are equipped with most modern technologies for improving productivity and increasing efficiency. Our warehouses run on a holistic structure with a detailed process flow for each sub-operation and tracking metrics.

Third Party Logistics (3PL)

Fourth Party Logistics (4PL)

Inventory Control

Order Management

Smart Packaging Solutions

Quality Check

DISTRIBUTION

We ensure that your Distribution requirements are met across the length and breadth of the country. We pride ourselves in providing economically efficient and time-bound solutions for your Distribution needs. Furthermore, our Distribution system is equipped with the latest technological advancements resulting in efficient scheduling and tracking.

Long-haul, inbound & outbound

Last mile distribution

Reverse Logistics

Odd Dimension Cargo

Network Optimization

Route Planning

8.Picture of services

SERVICES

TECHNOLOGY

11.COVID-19 Impacts on Logistics

he global logistics industry had a turbulent 2019, registering 1.2% in merchandise trade volume growth due to the stagnant global economy, trade disputes, geopolitical uncertainties, and environmental regulations. In Q1 2020, the COVID-19 outbreak flipped the growth switch in every area of the economy, and the global supply chain is no exception. As the global economy grapples with the pandemic situation, its impact on global trade and supply chain is mounting with rapid deterioration in global investment flows.

The container movement in the transatlantic and transpacific trade lanes has contracted due to the COVID-19 crisis with China’s manufacturing shutdown and sudden recession conditions in North America and Europe. The backlog of delayed orders, port calls, and blank sailings have escalated volume pressures on the containerized supply chain. The pandemic has created a supply shock across the markets, causing severe supply chain disruption, unlike a negative demand shock during the 2008 global financial crisis.

Ocean freight transportation takes the slow lane

China hosts two-thirds of the top 10 busiest ports in the world and meets more than 40% of the world maritime trade. The economy shutdown has led to supply shortages, and the pandemic situation is taking a toll on the global maritime segments, from oil tankers to container lines. The slump in cargo volume has led to increased carrier service cancellations and delays, and blank sailings are being announced by major carriers. The trend is expected to continue considering the uncertain market condition and measures to address the supply/demand imbalance. If the situation prolongs, carriers are expected to opt for heavy capacity reduction measures, which would impact the fleet-to-order book.

The major container carriers are at low risk for bankruptcy with this COVID-19-induced downturn as they use blank sailings to counter the impact. However, the small and medium-sized carriers are highly exposed and vulnerable to this unprecedented situation. With weakening investor confidence accompanied by a force majeure situation on energy-related projects, an outbreak in the Middle East, and steep cuts in OPEC oil production, Chinese exports on breakbulk and project cargo are expected to decline in the near-term, impacting the demand growth for heavy lift and multipurpose vessels (HLV/MPV). The widespread impact of COVID-19 accelerates the freefall in the price of VLSFO (very low sulfur fuel oil), reducing the bunker cost. Following the crash of oil prices, the extra cost of the IMO 2020 rule will be deferred until the global economy normalizes, posing a short-term relief for the container lines hit by slumping cargo volumes.

Mitigation measures and contingency planning

The COVID-19 outbreak has shown the industry how delicate the supply chain has become. The heightened safety precautions have required the logistics industry to work in emergency services, as governments and logistics associations work hard to keep the essential supplies

flowing. During this difficult time, it essential for logistics companies to have an immediate focus on enabling end-to-end visibility, agility, process flexibility, and collaboration to support their customers in anticipating disruptions and mitigating the respective impacts.

With the global maritime and air freight industry experiencing capacity constraints, logistics service providers should drive transparency by assessing “what-if” scenarios with customers to understand planned volume and strategic needs. Advanced capacity bookings for air cargo could mitigate supply risks for customers on emergency shipments. Freight forwarders and small and medium-sized freight operators should emphasize building digital capabilities to evaluate alternate route-to-market models and address potential operational gaps. Digital logistics is essential to drive the adoption of e-freight to combat the spread of the virus through paper documentation. Production logistics service providers should focus on testing multimodal freight movement as a solution for customers with high dependence on the Chinese supply base, considering their potential dual-sourcing strategies and development of an alternate supply network. In the retail industry, order backlogs are creating inventory stocking issues. However, the adoption of the Internet of Things (IoT) in warehousing and distribution operations would facilitate inventory accuracy, ensuring the placement of the right products in the right place at the right time. In the long term, robotics systems for warehouse operations, SaaS platforms for transportation management and control tower operations, and artificial intelligence-powered technology platforms for customer management will allow logistics companies to anticipate supply chain risk and promote sustainability goals with enhanced operational efficiency.

A STUDY ON AIMS LOGISTICS INDIA PVT. LTD

THE INTERNSHIP REPORT SUBMITTED TO



IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE DEGREE


BY

ALSHINAS V

(REG.NO. ABA18059)

UNDER THE GUIDANCE OF

DR. SHANTHI NACHIAPPAN PROFESSOR, AMET B SCHOOL


DECLARATION

I hereby declare that the project work entitled “A STUDY ON AIMS LOGISTICS

INDIA PVT.LTD” submitted to AMET Business School, AMET (Deemed to be University), under the guidance of DR. SHANTHI NACHIAPPAN PROFESSOR, AMET

B SCHOOL, in partial fulfillment of the requirement for the award of the degree of Bachelor of Business Administration (Shipping) is a record of original project work done by me during the period of study in AMET Business School from 2018-2021

Date:07/06/20

Place: Chennai


This is to certify that the project entitled “A STUDY ON AIMS LOGISTICS

INDIA PVT.LTD” is a bonafide research work carried out independently by

ALSHINAS V (REG.NO. ABA 18059), student of BBA (Shipping) of AMET

Business School, AMET (Deemed to be University), Kanathur-603112, during

2018-2021 in partial fulfillment of the requirement for the award of degree of Bachelor

of Business Administration in Shipping.

Signature of Guide

HOD-BBA

Date:07/06/20

INTERNSHIP ALLOCATION REPORT 2019-20 Name of the Department: AMET BUSINESS SCHOOL

(In view of advisory from the AICTE, internships for the year 2019-20 are offered by the Department itself to facilitate the students to take up required work from their home itself during the lock down period due to COVID-19 outbreak) Name of the Programme : BBA - SHIPPING Year of study and Batch/Group : I Name of the Mentor : DR. SHANTHI NACHIAPPAN Title of the assigned internship :

“A STUDY ON AIMS LOGISTICS INDIA PVT.LTD” Nature of Internship : Individual/Group Reg No of Students who are assigned with this internship: ALSHINAS V (REG.NO. ABA 18059)

Total No. of Hours Required to complete the Internship: Signature of the Mentor



INTERNSHIP EVALUATION REPORT 2019-20 Name of the Department: AMET BUSINESS SCHOOL (In view of advisory from the AICTE, internships for the year 2019-20 are offered by the Department itself to facilitate the students to take up required work from their home itself during the lock down period due to COVID-19 outbreak) Name of the Student ALSHINAS V Register No and Roll No (REG.NO. ABA 18059) Programme of study BBA - SHIPPING Year and Batch/Group II Semester II / IV / VI / VIII Title of Internship “A STUDY ON AIMS LOGISTICS INDIA

PVT.LTD” Duration of Internship 30 DAYS Mentor of the Student DR. SHANTHI NACHIAPPAN

Evaluation by the Department Sl No. Criterion Max.

Marks Marks Allotted

1 Regularity in maintenance of the diary. 10 6 2 Adequacy & quality of information recorded 10 6 3 Drawings, sketches and data recorded 10 6 4 Thought process and recording techniques used 5 3 5 Organization of the information 5 4 6 Originality of the Internship Report 20 157 Adequacy and purposeful write-up of the Internship

Report 10 8


10 8

9 Practical applications, relationships with basic theory and concepts

10 8

10 Presentation Skills 10 8 Total 100 71




CHAPTER 1

1.1 INTRODUCTION

I’ve done this internship report during the lockdown period. And This was a great platform for me to learn more about a company and industry , This prompted me to go deeper into the profile of companies. This was a great opportunity to learn about a company and do this internship even in these pandemic situations.

1.2 NEED AND IMPORTANCE

An Internship can provide us the soft skills needed in the workplace and in leadership positions.

It helps to Learn how a professional workplace operates We can learn a lot about out strengths and weaknesses during an internship. But because of the epidemic, we couldn’t go to the companies directly.So I’ve done this

internship project with the help of internet.

1.3 OBJECTIVES OF THE STUDY To know about the functioning of the shipping and logistics company (Aims logistics) To know different functions carried out by the company To know about the impact of covid19 on shipping and logistics business

1.4 SCOPE OF THE STUDY

This study helps me to know about the functions carried out by the company and also helps me to know more about the shipping and logistics industry.

1.5 LIMITATIONS OF THE STUDY

Because of the epidemic I couldn’t go to the company so all this data is derived from internet.because of that I couldn’t get the enough practical knowledge. And Ive done this in a short period of time.

CHAPTER 2

2.1 INTRODUCTION TO LOGISTICS INDUSTRY

LOGISTICS

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. Logistics was initially a military-based term used in reference to how military personnel obtained, stored, and moved equipment and supplies. The term is now used widely in the business sector, particularly by companies in the manufacturing sectors, to refer to how resources are handled and moved along the supply chain.

LOGISTICS INDUSTRY Logistics Industry refers to the movement of goods and information between the provider and the receiver. The market of international logistics is having a significant growth with growing demand of various goods across the globe. Logistics includes transportation and warehousing, which is undertaken by the logistics provider for the efficient and effective delivery. Major companies are primarily focusing on the specific industry sectors such as high-tech machines, automobile sector, pharmaceutical sector and other high revenue generators. Furthermore, the demand for logistics by major companies has increased. This will include technology-based supply chain, data analytics and other highly developed software technologies in logistics function

EVOLUTION OF LOGISTICS INDUSTRY

The term logistics is attested in English from 1846, and is from French: logistique, where it was either coined or popularized by military officer and writer Antoine-Henri Jomini, who defined it in his Summary of the Art of War Today logistics and distribution is a rather complicated and advanced process but it began years ago in a less advanced form.

An entire industry was born from what started as a way to get products from point A to point B. Many companies now rely on outsourcing for some or all of their supply chain management activities, resulting in the development of third party logistics companies for efficient transport and tracking of goods. During the Middle Ages elaborate supply systems, roads and warehouses were used. Forts and castles became storage depots supported by the economy of the surrounding countryside. During the Industrial Revolution, logistics advanced greatly with the addition of railways and ships. World War I further increased industrial capabilities. The internal-combustion engine gave rise to widespread use of motor transport. World War II was characterized by dramatic advances in transportation and communication. U.S. shipyards performed at an unprecedented pace to expand the merchant marine (a fleet of U.S. civilian-owned merchant vessels that engage in commerce or transportation of goods and services in and out of the navigable waters of the United States).

After World War II, logistics moved from warfare to business. Physical distribution of products began with a focus on outbound activity. Filling orders, distribution of products, storage and warehousing, production planning and customer service are presently important aspects of the logistics process

LOGISTICS MARKET OUTLOOK

GLOBALLY

The market of international logistics is having a significant growth with growing demand of various goods across the globe. Increasing in global trade activities of the developing economies, rise in trade related agreements and global logistics infrastructure and advancement in information technology and transportation sector are the prime factors responsible for the growth of global market. However, rise in pollution level and high inventory cost & low warehousing space are restraining the logistics market growth. Irrespective of the challenges, rise in adoption of green logistics solutions is creating an opportunity to the market growth. Logistics is widely used across industry sectors such as high-tech machines, automobile sector, pharmaceutical sector and other. Presently, increasing in global trade activities of the developing economies and global logistics infrastructure and advancement in information technology and transportation sector are some of the factors that are majorly driving the market. Moreover, rise in adoption of green logistics solutions is expected to provide lucrative opportunities to market players. Roadways is the leading type in the global logistics market, and is expected to maintain this trend throughout the forecast period.

Global logistics market holds a vital scope for growth globally. Increasing applications of logistics market in the various modes and end user industry is expected to fuel growth in the coming years. Roadways are one of the key components of modes of transportation and multimodal transport. It accounts for nearly 47.29% of the overall mode of transportation used in the world logistics market. The segment contributed highest share in total logistics market owing to its speed transportations and flexibility. The global logistics market is anticipated to register a CAGR of 3.48% from 2016 to 2022 to

attain a market size of around $12,256 billion by 2022. Asia-Pacific is anticipated to contribute significantly in terms of revenue to the logistics

market share. In 2018, the global logistics market was worth over 5.5 trillion euros. Estimates of the size of the global logistics industry range from $8 trillion to $12 trillion

annually. The rule of thumb many forecasters use is a percentage of GDP. In the U.S., some estimate that up to 10% of GDP is attributed to the logistics industry in any

given year. Based on economic activity in 2019, the U.S. logistics market is closing in on the $2 trillion level.

Source: https://www.statista.com/topics/5691/logistics-industry-worldwide/

IN INDIA

The Indian logistics sector is currently around $160 Bn and estimated to be of $215 Bn by

2020. This phenomenal growth is driven by emerging e-commerce retailers especially in Tier II, a

corresponding increase in demand and the entry of more multinational companies in the FMCG segment. This has further resulted in the rapid advancement of retail channels requiring efficient inventory management and warehousing solutions.

Increased investment in infrastructure, last-mile connectivity, and emerging technologies are streamlining the logistics landscape in India. India's GDP is expected to reach 3.02 trillion in 2020, representing about 4% of the global GDP

The recent logistics industry in India comprised of inbound and outbound sectors of the production and services supply chains. Lately, the logistics infrastructure has achieved the much-needed attention from business companies as well as policymakers.

The way the logistics marketplace behaves these days has changed a lot. With the implementation of advanced technology and refined processes, the planning, implementation, and control of the goods movement have become faster and efficient. The modern processes and activities offer support in various supply chain processes.

The innovative logistics activities boost knowledge, improvements and new strategies to attain profitability for the businesses that offer transport services in Vadodara and other parts of the country. Source: https://truckguru.co.in/blog/overview-of-indian-logistics-industry-and-affecting-indian-economy/

INDUSTRY SUB-SECTORS

Logistics services: This sub-sector includes inbound and outbound transportation management fleet management warehousing materials handling order fulfilment logistics network design inventory management supply and demand planning third-party logistics management other support services

Logistics services are involved at all levels in the planning and execution of the movement of goods

LOGISTICS FUNCTIONS

CHALLENGES FACING THE LOGISTICS INDUSTRY Fuel Costs

Business Process Improvement

Driver Shortage & Retention

Environmental Issues

Technology Strategy & implementation

High Order Intensity Ratio

Transportation Roadblocks

Rail Tariffs

Port And Shipping Problems

Lack Of Skilled And Specialist Personnel

Slow Transition Into Newer Technologies

Warehousing And Taxation Discrepancies

Competition With Global Giants

Customer’s Mindset

Ever Increasing Fuel Costs

Government Policies And Bottlenecks

Shortage Of Drivers And Delivery Staff

LOGISTICS STRATEGIES

o Getting Your KPIs in Order o Automate Everything Possible o Scale Accordingly o Keep Everything Portable o Utilize Outsourcing to Boost Efficiency o Optimize Freight Spend o Choose the best shipping partner o Be Transparent on Shipping Prices and Conditions o Choosing a Warehouse Management System………. Etc

FUTURE OF LOGISTICS The global logistics market is estimated to reach 15.5 Trillion USD by the year 2023 in terms of revenue. Today, logistics and technology are integrated, so that growth and efficiency of the logistic industry can be enhanced.

5 emerging technologies shaping the future of logistics

o Internet Of Things o Artificial Intelligence o 3d Printing

o Drone Delivery o Driverless Vehicles

Source: https://www.allerin.com/blog/5-emerging-technologies-shaping-the-future-of-logistics

FUTURE SCOPE OF LOGISTICS IN INDIA AND ABROAD BBA in Logistic and supply chain is considered as the backbone of the economy as it make sure efficient and economical flow of goods and other commercial sectors are dependent on it. Logistics is one of the most important basic industries for any economic growth. Today each and every organization stands at a forefront because of their effective & efficient supply chain network. It includes the management of the flow of products from the place of origin to the place of consumption. This industry has several integrated processes like material handling, warehousing, packaging, transportation, shipping security, inventory management, supply chain management, procurement, and customs service. The generation today is completely depend on internet, preferring everything to be delivered at their doorstep with minimum time, that is now possible because of Logistics Operations today. Logistics industry in India is growing rapidly. It is a vast field with enormous opportunities for talented and energetic future managers in India as well as abroad. The scope of BBA Logistic supply chain Management & logistics is flourishing every day, as the numbers of Retail & FMCG companies are increasing in India. It is also increasing due to rise in supply chain spending faster than the overall economy and company management recognizing the importance of Supply Chain Management (SCM). Efficient adoption of digitalization and a paradigm shift from retail purchases to e-commerce websites have put enormous pressure on the logistics industry. The supply chain management has to be stronger than ever to meet the rising expectations of the millennial consumer – lower cost, zero defects and faster delivery. Flexibility, transparency and traceability in shipments and varying lot sizes are other challenges being faced by the industry. With delivery options like normal, next day and same day openly available to customers, it has become imperative for companies to change their strategies and collaborate efficiently.

UNDERSTANDING CORONAVIRUS – THE IMPACT AND PRECAUTIONS ON LOGISTICS As per a March survey conducted by the Institute For Supply Chain Management, nearly 75 per cent of companies reported supply chain disruptions in one form or the other due to coronavirus-related transportation restrictions, and the figure is expected to rise further over the next few weeks. Other interesting figures that emerged from the survey included the lack of any semblance of a contingency plan for almost half the companies in case of a supply chain disruption leading back to China, and well over 50 per cent of the companies also reported experiencing sudden, unexpected delays in receiving orders, a problem compounded by supply chain information blackout from China. the COVID-19 outbreak flipped the growth switch in every area of the economy, and the global supply chain is no exception. As the global economy grapples with the pandemic situation The container movement in the transatlantic and transpacific trade lanes has contracted due to the COVID-19 crisis with China’s manufacturing shutdown and sudden recession conditions in North America and Europe. The backlog of delayed orders, port calls, and blank sailings have escalated volume pressures on the containerized supply chain Source: https://ww2.frost.com/frost-perspectives//

STATISTICS FIGURES OF LOGISTIC

( Revenue of SCM management from 2010-17)

2.2 COMPANY PROFILE

AIMS LOGISTICS

ABOUT AIMS LOGISTICS INDIA PVT.LTD.

Aims Logistics is a renowned movers and packers in Mumbai providing prompt and reliable packing and moving services at competitive prices. All those who are looking for trustworthy relocation services can head on for the company such as Vehicle Transportation, Office Shifting, Factory Equipment Relocation, House Shifting, Domestic and International Relocation and many others with Aims Logistics. Aims Logistics have years of experience in providing relocation services across the globe. They are also in the business of freight forwarding and pet moving. The organisation ensure that every little piece of your belonging, including your pets, is safely transported to your new location, without even a dent. The organisation was established in 2000 .aims logistics india pvt ltd. Has made a name for itself in the list of top service providers of in india. Also the organisation is listed in trade India’s list of verified companies offering wide array of etc…

THE ART AND SCIENCE OF RELOCATING The word 'Moving' conjures up diverse feelings in the mind. The excitement that latches on initially, slowly, but surely, gives way to inevitable fears and anxieties. The customers suddenly realise that they have more belongings than they had ever anticipated...each one as precious as the other. The state-of-the-art home theatre system. The classic Italian furniture. The delicate pieces of crystals. That exquisite china. Or the fragile gold fish bowl. And, of course, that priceless Picasso.

AIMS - A MOVING EXPERIENCE. When it comes to relocating, the customer could undergo pretty unnerving times with all the hassles of packing up innumerable items, ensuring that the customers most precious objects are unscathed in transportation, and completing cumbersome paperwork. Aims logistics seek to be the customers partner in such anarchy. And they assure the customer that the customer will cheer their self for having chosen aims logistics to stand by them.

Established in the year 2000, their objective was to provide quality logistics solutions in the field of packing and moving of household goods and other commercial commodities. The company is in the able hands of professionals who have learnt the finer nuances of this trade through personal experience of more than a decade. Apart from the organisation’s vast experience, they are strategically associated with a vital network of organizations. This ensures that the service they provide is not only widened geographically, but also strengthened logistically. In association with their alliances, aims logistics service all major cities of India and also overseas. Also, since they have their own in-house customs clearance department, the customers shipment is under their control at all stages. This factor provides a great sense of security to the anxious mind. Ever since their conception, it has been their foremost goal to provide matchless service standards and in the process of meeting this goal, the organisation have devised new means and procedures. They monitor their service levels on a daily basis, and make place for improvement at the slightest chance to do so. In that sense, they are an extremely proactive and dynamic, with their heart in the right place.

CHAPTER 3

3.1 VARIOUS FUNCTIONS OF THE DEPARTMENT MARKETING OUTBOUND PROCESS IN AIMS LOGISTICS

1. The Initial Contact 2. The Personal Touch 3. Submission Of Quote 4. Confirmation Of Quote 5. Quality M-Oving Day 6. Crating / Storage 7. Export Markings 8. Customs Clearance Services 9. Prompt Feedback 10. Reliable Associates 11. The D-Elivery Day 12. Your Opinion

INBOUND PROCESS IN AIMS LOGISTICS

1. The First Link. 2. Confirmation 3. The Initial Contact 4. Regular Follow Up

5. The Personal Touch 6. Customs Clearance Services 7. Storage In Transit 8. The D-Elivery Day 9. Your Opinion

SERVICES OFFERED BY THEM Relocations

Packing

Moving

Crating

Motor Cars - Wheels on the Move

Pet Moving / The Pet Movement

Customs Clearance

Shipping

Storage

Insurance

RELOCATION

At AIMS Logistics, its their endeavor to provide the best levels of service with attention to the most minute details and thereby help the transferee and his family settle down comfortably in the shortest possible time in their new environment. All efforts are made to make the transition of the transferee and his family as smooth and hassle free as possible. Needless to say that with the kind of back up team that they have at AIMS Logistics it's easier to see smiling and satisfied customers. Upon confirmation of an assignment, a Clients' Need Analysis (CNA) is sent to the employee being relocated prior to his departure. Through CNA an attempt is made to get an insight about the requirements of the transferee e.g. his personal preferences and expectations, choice and size of home, school and sporting facilities etc. This helps in making the transfer as smooth as possible.

The below mentioned services are offered by The AIMS Relocation Consultant :q

Once a transferee is ready to move out again the Outbound Relocation department gets into action. AIMS Logistics can help in arranging the same services at any destination, across the globe. The following services are offered to the transferee on his move to a new destination :

Packing and Moving of household goods, motor cars, pets Closure of bank accounts Resignations to clubs, societies, libraries and schools and securing return of deposit

fees, wherever applicable. Disconnection of utilities

PACKING At AIMS Logistics, they use international quality packing material without making any compromises to pack all the household goods, irrespective of whether it's ordinary glassware or expensive crystal. They also have standard size cartons to pack various items viz. Book cartons, dish packs, etc.

MOVING Safe and timely moving is a main function of the organisation . With their wide network of associates in India and abroad moving has never been so easy. The efficiency and reliability of their vendors like transporters, shipping lines etc. makes it possible to move and deliver the shipments on time.

CRATING If customers go overseas, the organization recommends that they ship their shipping crates as they provide more protection from multiple spots on multiple items at different stages.

Especially if they have an LCL export, the organization strongly recommends using wooden crates or lift vans because they are popular in the moving industry as they help reduce pillage, damage or theft.

MOTOR CARS- WHEELS ON THE MOVE During relocation, the most worrisome issue is the transport of a car. Whether new or used, a car needs ultimate care and adherence to extreme precautions because even a slight mistake can lead to high expenditure on repairs or service. At Aims logistics they have the right infrastructure and procedures that make it easy to transport vehicles from any corner of the world.

Import of Used Cars The second hand or used vehicles imported into India should have a minimum roadworthiness for a period of 5 years from the date of importation into India with assurance for providing service facilities within the country during the five year period. For this purpose, the importer shall, at the time of importation, submit a declaration indicating the period of roadworthiness in respect of every individual vehicle being imported, supported by a certificate issued by any of the testing agencies,

which the Central Government may notify in this regard.

Import of New Cars The import of new vehicles shall be permitted only through the Customs port at Nhava Sheva, Kolkata, Chennai, ICD Tughlakabad and Delhi Air Cargo.and the car should have right hand steering, and controls

Import of Cars under Transfer of Residence Consignees (Non Resident Indians/foreign nationals on employment) coming to India on Transfer of Residence for permanent settlement can import one vehicle provided the car has been in possession of the individual for a period of minimum one year abroad. The vehicle should be imported into India within six months of the arrival of the consignee. In lieu of one motor car, one motor cycle can also be imported. The above import also carries a condition of "NO SALE" of two years which shall be endorsed by the Customs Authorities on the passport/registration documents at the time of import and by The Regional Transport Authorities when such vehicles are presenter for registration in India.

Documents Required

o Manufacturer's Invoice, Value Evidence o Bill of Lading o Foreign Registration Papers, if any duly translated in English and attested by the

Indian Embassy or High Commission if the original is not in English. o Insurance Policies o O.G.L Declaration o Bankers certificate of conversion of foreign exchange for duty payment

THE PET MOVEMENT

For most of us, pets are as much a part of the family as the children. Just that they may not be allowed to accompany you on the flight. However, it is the organisation’s job to see that the customer’s pet gets all the attention and care that it needs on its journey. However, all living, warm-blooded animal shipments must meet container requirements established by the USDA. This part, they must also meet minimum requirements for container construction, stability, and ventilation.

The IATA Live Animal Regulations book contains information for shipping both warm-blooded and cold-blooded live animals. (Details of the regulation can appear as a link since not many browsers would be interested in such details when browsing through this site for the first time)

CUSTOM CLEARANCE

At AIMS Logistics, They have an in-house custom clearance department which enables them to always have full control over exports. hence there is no question of sub-contracting the shipments to anyone for clearance. Being in the Custom House Broking industry since the past few years and also due to their overall good performance standards they have been able to create a good favourable impression with the Customs Authorities.

SHIPPING

Specializing in booking over 1600 containers for the organization's merchandise in a given year, they have the best shipping lines competing to get business from them, offering the most profitable freight rates. The power of negotiation that they have is matchless and at times they even negotiate the freight for shipments bound for India from other countries. As a result of their clout they get more benefits compared to others and the savings are passed on to the final customer. Also since the past few years they have been working and supporting the best shipping lines and freight forwarders and have availed the best services in terms of economic rates, prompt feedback, scheduled delivery and transit times etc.

STORAGE AND WAREHOUSE

With a strong 5000 sq. ft. worth of facility they can arrange to store shipments for long as well as short term basis depending on the requirement of the customer. It is also the hub of all their moving operations.

The organisation’s storage facility is well equipped with fire fighting equipment and has round the clock security. It is also pest and rodent free.

INSURANCE-INSURED FOR PEACE When we move with AIMS, we have total peace of mind. Each and every piece of customer’s goods is insured comprehensively. Their "All-Risks" policy covers domestic and international shipments From the time the goods leave the customer's premises to the customer's new home, subject to policy terms and conditions. Moreover, their capable team takes care of nitty grit-ties since claiming your insurance is a painful process.

LOADING INFORMATION To enable save time during customs clearance, the organisation recommend that all electronic appliances be loaded in one lift van. A separate list of major electronic appliances with their make, model number, quantity, value and year of purchase will also prove beneficial during customs examination.

SHIPMENT INFORMATION All lift vans / packages must be marked with the Consignee's Name C/o. AIMS Logistics and address. Since removal of shipping containers for delivery is not feasible / allowed at certain ports in India they strongly recommend that the shipment be loaded in lift-vans to avoid chances of damage due to multiple handling, pilferage and theft. Source; http://www.aims-logistics.com//:

HUMAN RESOURCE Aims logistics is guided by the aim of delivering a competitive and fair employment environment and of providing the equal opportunity for employees to develop and advance subject to personal performance and business objectives.

EQUAL EMPLOYMENT OPPORTUNITY Aims logistics is committed to offering equal opportunities to all people without discrimination as to race, sex, nationality, ethnic or national origin, language, age (except minors), marital status, sexual orientation, religion or disability. The Company does not tolerate harassment in the workplace in any form and remunerates fairly with respect to skills, performance, competitors and local market conditions.

RECRUITMENT AND DEVELOPMENT Aims logistics aims to appoint and retain the most qualified applicants for the job. All appointments should be based on individual performance and job based criteria. It is aims logistics policy to encourage employees to develop and manage their own careers. It facilitates this by providing

appropriate job training, and where appropriate, aiming to fill vacancies with existing staff where employees are suitably qualified and experienced.

REMUNERATION Aims logistics aims to attract, motivate and retain high caliber staff by rewarding them with competitive salary and benefit packages which are linked both to individual and business performance as well as the external employment market.

COMMUNICATION Aims logistics policies are to communicate with employees to ensure understanding of the businesses and the impact business decisions have on employees and to obtain feedback and ideas of employees to improve the operation of the business.

REDUNDANCY Aims logistics approach to managing restructuring is characterised by detailed planning, involvement of those affected as appropriate and, where job losses are unavoidable, seeking alternative opportunities to minimize the personal impact as far as possible. Individual companies operate their own redundancy policies to ensure that they comply with all local legal requirements..

RESPONSIBILITIES Human Resources Specialist reports to the Human Resource’s manager on specific human resources issues and monitors the implementation of the policies. Each Division is responsible for the development of local policies and procedures in order to ensure that the objectives of this policy are fulfilled.

FINANCES BALANCE SHEET EXAMPLE

COMPETITIVE COMPANIES

1 - CENTRAL CARGO RELOCATIONS PVT. LTD Central cargo relocations is a well reputed organization, from one of leading packers & movers in india, which provides quality packers and movers services across the nation. They perform their work with due precision and quality, and ensure the best possible results. Central cargo relocations, packers & movers in india, vigorously seeks the highest constant performers in the field of logistics and ensures their presence within the team.

They are not only experts in their line of work, but artists of logistics management – and the symphony of their work is flawless. With organization, training, and regular development; their performance is bettered as they work with one of the largest logistics brands of the country.

Quality logistics management Central cargo relocations believes in the pursuit of excellence. So, a high quality service is not only their duty but also their sincere passion.their expert team members always ensure safety, security, efficiency, and punctuality. They ensure personal escorts with every shipment, and well trained staff in each different task to guarantee infallible performance.

Services that they offer: Central cargo relocations services cover almost all the needs of the customer’s while relocating or shifting. Specifically, they deal with management of:- Domestic relocation International relocation Storage management Corporate relocation Car relocation Industrial packaging Record management Fine art Orientation Handyman services Insurance

2 – ATA FREIGHT Ata freight is always in pursuit of perfection and achieving customer confidence, while leading the future of the logistics industry.founded in 1996 and headquartered in new york, they are the leading global logistics & freight forwarding services providers, specializing in innovative shipping management solutions. Ata freight has evolved from a traditional international freight forwarding services to one of the leading global providers of innovative and fully integrated supply chain solutions. Ata freights success is mostly correlated with the ownership their team members are famous to demonstrate. They started with one office in new york and over the course of these years they have steadily expanded, opening locations throughout the usa, turkey, india, china, mexico & russia with 30+ offices and more than 400+ team members globally. They like where they are today, but aim to do a lot more. Ata freight will continuously enhance its ambitions and will be very aggressive to continue growing in the coming years.

Services overview Sea-freight

Less than container load (lcl) Full container load Cargo insurance Reefer container Customs brokerage trade compliance

Airfreight

Overnight freight next flight out (nfo) Deferred service Oversized cargo / dangerous goods Consolidated service direct shipment

Rail-freight

Standard box car Grain cars Liquid transport cars Intermodal Overweight machinery

Road-freight

Airport pickup less than a truckload (ltl) Temperature controlled trucks Full truckload (ftl) Cfs pickup drayage

3 - SPEEDMARK WORLDWIDE CARGO MOVERS

Speedmark worldwide cargo movers" formed in since year 1997 is wholly an international freight forwarding company managed by a team of professionals who are dedicated and sincere to responding promptly to customer demands. The organization offers professional and personalized services, guidance in all international trading process including how to save time by curtailing costs.

Management. "speedmark worldwide cargo movers" are being managed efficiently by a team of well experienced and professionally qualified personnel in their respective fields of activity. The company's management comprises of directors and managers who are having vast experience in shipping and allied activities, cargo operations and general business management.

Quality. They provide multidisciplinary and comprehensive professional services that enable their clients to succeed across a wide range of goals regardless of size, scope or complexity. They have the professionals and expertise knowledge to understand the dynamics of business and the services to support entire supply chain of customers with integrated end-to-end solution from procurement and pick-up of raw materials to the delivery at customers doorstep. The understanding of their professionals of every aspect of logistics coupled with sophisticated technology work together to create a facility that provides innovative and unusual solutions.

Services overview The organisation offer a comprehensive range of services that are customized to suit the needs and wants of clients. Their services include : Sea freight forwarding Air freight forwarding cargo warehousing Custom clearance - import/export. Cargo consolidation services. Transportation. Door to door delivery multimodel transport services.

4 - ARC LOGISTICS PVT.LTD Arc logistics pvt.ltd are an international freight forwarder and logistics service provider incorporated in india under the indian company act 1956. The head office is located in mumbai and branches are spread across the length and breadth of the country covering all major ports and inland container depots with strategic control centres. As an international freight forwarder they have their agency networks all over the world. And they can efficiently handle all import/ export needs, related to fcl, lcl, air and land forwarding door to door.

Services overview Freight forwarding - sea & air(across the globe) In-house logistical support Domestic & international transportation

Break bulk shipments Projects & courier Industry innovator Land forwarding - nepal and bangladesh Customs clearance

They have a dedicated in-house team for customs clearance i.e. import / export, fcl, lcl, under different schemes of customs at all major sea and air ports in india.

Transportation They have a fleet of expert equipped transporters to provide dedicated transport services to handle varied import and export cargo consignments. 1) containerized cargo 2) loose cargo 3) odc cargo (20', 40' trailers, lowbed trailers, axel line etc.)

Branches: Delhi Calcutta Chennai Tuticorin Tirupur Cochin Bangalore Kandla/mumdra

5 - OM FREIGHT FORWARDERS PVT. LTD

Om freight forwarders pvt. Ltd. Is a third generation international logistics and freight forwarding company with over four decades of domain expertise. Headquartered at mumbai, india and with offices & associates across 5 continents, they cater to over 700 unique national and international locations. Their branch are located at major cities, commercial hubs, airports and seaports across india. In order to meet the growing demand for a reliable global logistics partner, they have setup their overseas offices at china, hong kong, uk (europe) and singapore. Om freight forwarders pvt. Ltd. Ranks amongst india's most versatile logistics solutions companies, adhering to stipulated custom compliances and accreditations such as mto, iata and fiata. Their strategic association with international freight forwarders and customs brokerages allows their clients to avail a wide range of state-of-the-art, tailor-made freight services in a timely and cost effective manner.

They can develop a detailed understanding of their clients businesses and partner them by offering end-to-end logistic, legal, warehousing and distribution solutions. Empowered by a highly trained and experienced team of over 400 professionals worldwide, they constantly work towards achieving customer

Import services Routine shipment, home consumption (duty paid) In-bond/ex-bond shipment Depb / epcg / dfcec / advance license shipments 100% eou / stpi / sez / tp for ships spare-parts / r&d certificate / pass book scheme Project import clearance Direct delivery for perishable & specific cargo Re-import after repairs / exhibition Third country export clearance High seas sale shipment clearance Ata carnet clearance Second hand capital goods Free-of-charges shipments Courier clearance

Export services Under free shipping bill Under claim for duty drawback. (all industry rate / brand rate) of dutiable goods Under depb shipping bill (duty exemption pass book) Under epcg (export promotion capital goods) For e.o.u/ epz / stp / ehtp Co-ordination with various authorities such as inspection agencies, consulates, quota

authorities insurance companies etc. Securing export benefits on behalf of shippers

6 - J J LOGISTICS

J j logistics packers and movers company offering their services across the india including delhi, noida, navi mumbai, Ghaziabad, packers and movers Gurgaon, Faridabad, bangalore, Dehradun, goa, mumbai, chennai, Kolkata, Secunderabad, pune, Hyderabad, Nagpur, ludhiana, Chandigarh etc . J j logistics packers and movers shifting-is the promising name in the moving and packing industry and have expertise in the transportation of goods, packing of goods with excellent packing material, office shifting, household shifting, loading etc offering awesome services to its clients. J j logistics packers and movers operates on the principles of safety, integrity and reliability. They have their branch offices all over india to cater the needs of their customers.

Speciality they provide vacuum packaging service. Vacuum packaging is essential for export packaging.

Now a day's vacuum packaging is used for various products including machinery to food products now a days vacuum packaging is used for various products including machinery to food products.

J j logistics packers & movers is a renowned service provider for packing and moving of households, office furniture and equipments, plant and machineries, industrial goods and so on. They are known packers and movers in domestic and interindian markets. With a sole aim to offer total customer satisfaction. J j logistics packers and movers is a leader in the relocation industry and serves its customers country wide. J j logistics packers and movers is an independent relocation management company and is ranked as one of the country's leading packers and movers specialization in household & corporate goods transportation with facilities for warehousing and storage.

branches overview in india

Services that they provide Packing and unpacking International relocation Loading and unloading House-holding services Domestic relocation Transportation services

CHAPTER 4 FINDINGS The company is in the able hands of professionals who have learnt the finer nuances of this

trade through personal experience of more than a decade

At aims logistics they specialise in providing comprehensive relocation services apart from

being professional movers and packers and freight forwarders

Aims logistics is guided by the aim of delivering a competitive and fair employment

environment and of providing the equal opportunity to all employees.

Location of office : 202, Darshan, 21 R. D. Street, Fort, Mumbai - 400 001. India

CHAPTER 5

SUGGESTIONS AND CONCLUSION The future for aims logistics is fruitful. The company is a pioneer in the relocation and logistics industry .The customer relationship needs to grow more. Only after that will the company receive a more positive response. This report helped me understand what is happening in the current logistics industry and the processes and activities of the logistics company.

“A STUDY ON AIRLIFT INDIA PVT.LTD”

THE INTERNSHIP REPORT SUBMITTED TO



IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE DEGREE


BY

M.K.ANKITH ARAVINDAN

(REG.NO. ABA 18062)

UNDER THE GUIDANCE OF Dr.Shanthi Nachiappan,

Professor, AMET Business School.


DECLARATION

I hereby declare that the project work entitled “AIRLIFT INDIA PVT.LTD” submitted to AMET

Business School, AMET (Deemed to be University), under the guidance of Dr.SHANTHI NACHIAPPAN,

PROFESSOR,AMET BUSINESS SCHOOL in partial fulfillment of the requirement for the award of the

degree of Bachelor of Business Administration (Shipping) is a record of original project work done by

me during the period of study in AMET Business School from 2018‐2021

Date: 07‐06‐2020

Place: Chennai M.K.ANKITH ARAVINDAN


This is to certify that the project entitled “AIRLIFT INDIA PVT.LTD” is a bonafide research

work carried out independently by M.K.ANKITH ARAVINDAN (REG.NO. ABA 18062), student of BBA

(Shipping) of AMET Business School, AMET (Deemed to be University), Kanathur‐603112, during

2018‐2021 in partial fulfilment of the requirement for the award of degree of Bachelor of Business

Administration in Shipping.

Signature of Guide HOD‐BBA

Date:07/06/2020

INTERNSHIP ALLOCATION REPORT 2019‐20 Name of the Department: AMET BUSINESS SCHOOL

(In view of advisory from the AICTE, internships for the year 2019‐20 are offered by the Department itself to facilitate the students to take up required work from their home itself during the lock down period due to COVID‐19 outbreak) Name of the Programme : BBA ‐ SHIPPING Year of study and Batch/Group : II

Name of the Mentor : DR. SHANTHI NACHIAPPAN Title of the assigned internship :

“A STUDY ON AIRLIFT INDIA PVT.LTD” Nature of Internship : Individual/Group Reg No of Students who are assigned with this internship:

M.K.ANKITH ARAVINDAN (REG.NO. ABA 18062)

Total No. of Hours Required to complete the Internship:




INTERNSHIP EVALUATION REPORT 2019‐20 Name of the Department: AMET BUSINESS SCHOOL (In view of advisory from the AICTE, internships for the year 2019‐20 are offered by the Department itself to facilitate the students to take up required work from their home itself during the lock down period due to COVID‐19 outbreak)

Name of the Student M.K.ANKITH ARAVINDAN

Register No and Roll No ABA 18062

Programme of study BBA ‐ SHIPPING

Year and Batch/Group II

Semester II / IV / VI / VIII

Title of Internship ““A STUDY ON AIRLIFT INDIA PVT.LTD”

Duration of Internship 30 DAYS

Mentor of the Student DR. SHANTHI NACHIAPPAN

Evaluation by the Department

Sl No. Criterion Max. Marks

Marks Allotted

1 Regularity in maintenance of the diary. 10 6

2 Adequacy & quality of information recorded 10 6

3 Drawings, sketches and data recorded 10 6

4 Thought process and recording techniques used 5 3

5 Organization of the information 5 4

6 Originality of the Internship Report 20 18

7 Adequacy and purposeful write‐up of the Internship Report 10 8


10 8

9 Practical applications, relationships with basic theory and concepts 10 8

10 Presentation Skills 10 8

Total 100 73




BY

M.K.ANKITH ARAVINDAN

BBA0369 GRP1

AIRLIFT INDIA PVT.LTD

LOGISTICS INDUSTRY

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing, and often security.

In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed.

Logistics management is the part of supply chain management and supply chain engineering that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and point of consumption to meet customer's requirements. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in all logistics fields. A professional working in the field of logistics management is called a logistician.

THE WORD “LOGISTIC” ORIGINATED FROM THE COMBINATION OF LOGIC (LOGIC) AND STATIC (LATIN) IN THE LATIN LANGUAGE. Logistics is primarily a military term, so the first applications were in military areas. However, the word’s main importance was first understood during World War II and then started to be viewed and applied to logistics as a scientific subject. After World War II, many U.S. enterprise businesses recognized the importance of logistics and started to take advantage of logistics services beginning in 1960 and continuing to the present.

The definition of logistics is as follows: The efficient planning and implementation of all kinds of products, services, and information flow in the supply chain from the starting point to the end point to meet customers’ needs, including transport, storage and control. The logistics of supplying materials and information within the supply chain is the bridge between suppliers and customers.

Logistics activities or Functions of logistics in an organization

1. Order processing.

2. Materials handling.

3. Warehousing.

4. Inventory control.

5. Transportation.

6. Packaging.

Challenges faced by Logistics Industry

Business models pose challenges for logistics companies Factors like the growing demands of the client, changing needs of consumers, and complicated

Impact of COVID-19 in Logistics

Logistics and transport services constitute an integral part of buyers’ supply chain. The continuity of operations for a majority of industries is heavily reliant on the service assurance provided by vendors in the logistics and transport industry in the US. Evidently, the blockade of geographical borders and clampdown orders imposed on all the transportation services to limit the impact of COVID 19 have restricted the scopes of service delivery in the logistics and transport industry in the US. Like a chain reaction, it has triggered a blackout in the operational momentum across

Statistics of India Logistics

The country's industry is projected to be worth $215 billion by 2020-21, recording a 10 per cent compounded annual growth rate (CAGR) over its approximate size of $160 billion in 2016-17.

The industry's growth will be fueled by the strides in manufacturing, retail, fast-moving consumer goods and e-commerce sectors. Development of related infrastructure, like dedicated freight corridors, parks, free trade warehousing zones and container freight stations, are expected to improve efficiency, a report by CARE Ratings observed.

At present, the logistics sector is dominated by transportation, which has over 85 per cent share in value terms. Its share is set to remain high for the next few years. The remaining 15 per cent share is accounted for by storage. The sector is employment intensive, absorbing 22 million people.

Logistics costs have a significant bearing on exports. It is estimated that slashing logistics costs by 10 per cent could widen exports by five to eight per cent.

Steep logistics costs in India vis-a-vis other nations have been a vexing issue. Logistics costs as a percentage of the country's gross domestic product (GDP) is 13-14 per cent. The figure is higher compared to 10-11 per cent for BRIC countries and eight to nine per cent for developing nations. USA spends 9.5 per cent of the GDP on logistics, while Germany is even more competitive with a share of eight per cent. Higher logistics costs in India could be ascribed to the lack of efficient inter-modal and multi-modal traditional systems, the ratings agency said in its report.

Going ahead, the logistics costs as a share of the GDP is expected to decline, led by initiatives like the implementation of goods and services tax (GST), investments in road infrastructure, development of inland waterways and coastal shipping, and the thrust on dedicated freight corridors.

At present, the India is highly fragmented and unorganised. Owing to the presence of numerous unorganised players in the industry, it remains fragmented, with the organised players accounting for approximately 10 per cent of the total market share. With the consumer base of the sector encompassing a wide range of industries, including retail, automobile, telecom, pharmaceuticals and heavy industries, has been increasingly attracting investments in the last decade.

Further, the logistics industry faces challenges such as under-developed material handling infrastructure, fragmented warehousing, multiple regulatory and policy-making bodies, lack of seamless movement of goods across modes, and minimal integrated IT infrastructure. In order to develop this sector, focus on new technology, improved investment, skilling, removing bottlenecks, improving intermodal transportation, automation, a single-window system for giving clearances, and simplifying processes would be required.

INTRODUCTION TO AIRLIFT INDIA

In the year 1979, a company was instituted, which was to grow to such gigantic proportion in just 7 years, to become one of the top five cargo agencies in India. Today, with branches in eleven cities of India – Mumbai, Delhi, Bangalore, Rajkot, Amdavad, Madras, Cochin, Pune, Vadodra ,Trivandrum and Hyderabad – Airlift (India) Private Limited , manages ,conduts and handles every year 33,000 tonnes of cargo in exports & forwards 1500 tonnes in imports. Since its inception in 1980, Airlift (India) Private Limited has constantly grown by leaps and bounds to justify its present high status and the esteem it commands on the National and International fronts. Presently, Airlift (India) Private Limited in India has 1400 sq. ft. For its warehousing facilities showing maximum utilization and yet , more that 50% of its cargo moves directly from supplier to airline warehouses. At one glance, the following features, so characteristic of good management, stand out on the Airlift premises. • A highly efficient staff of over 200 persons. • 2000 turnover – over 700 Millions in INR. • A highly qualified team of personnel on the research sales and operations panel. • A network of professional receiving and handling agent. • Ancillary services of Consultancy + Distribution cost analysis. • A decent communications network, providing immediate access to detailed shipment date and appropriate rates throughout the world. • A computerized accounting and marketing system. Milestones 1979 - Airlift ( India ) Private Limited begins operations in Mumbai as an export air cargo agents in December. 1980 - Airlift ( India ) Private Limited gets IATA approval. 1984 - Airlift ( India ) Private Limited climbs the ladder to number 3 in India 1985 - Airlift (India) Private Limited branches out into Break - Bulk of imported cargo 1986 - Airlift (India) Private Limited opens another branch Office in Delhi. 1988 - Airlift (India) Private Limited is declared Number 2 on An all India Basis 1990 - Airlift (India) Private Limited swiftly climbs the ladder Of success to be declared by IATA, as Number One agent in India. 1993 - A landmark year indeed, as Airlift (India) Private Ltd extends its operations with new branches at Cochin and Pune . 1994 - Airlift (India) Private Limited spreads its wings out into Vadodra. 1995 - Airlift (India) Private Limited opens up new branches at Trivandrum and Coimbatore. 1996 - Airlift (India) Private Limited adds one more feather in its cap – New Branch at Hyderabad. 1998 - Airlift (India) Private Limited starts operations in Amdavad. 2002 - Rajkot is added to our list of Branches.

And TODAY, Airlift (India) Private Limited continues to be in the forefront of the Air Cargo industry in India, with innovations that offer a continuously ameliorating service at much better rates. Products

Customs Clearance Imports Exports Warehousing Domestic Cargo Project Cargo

DETAIL ABOUT COMPANY

Airlift (India) Pvt Ltd - (Mumbai)

Head Office - (Mumbai)

Airlift (India) Pvt Ltd 13/14, Adarsh Industrial Estate,

Sahar Road, Chakala, Andheri (East),

Mumbai 400 099.

Minoo Hansotia Managing Director [email protected]

Air Freight Exports

Telephone : +91 22 - 2837 8601 / 05/ 2834 8433 / 66973400 / 66973456

Fax : +91 22 - 2836 8304

Firozi Thanewalla

General Manager [email protected]

Venkat Gavankar

Director [email protected]

Alex Mathew Manager Export Documentation

[email protected]

Sophia Reilly Marketing Manager, Exports

[email protected]

Ajay Dharavat

Finance & Accounts [email protected]

Air Freight Imports

Telephone : +91 22 - 6697 3400 / 6697 3456

Fax : +91 22 - 2835 4275

Yezdi N. Thanevalla

Corporate Marketing Manager

[email protected]

Karl N. Sethna Manager, Customer Service

[email protected]

George Joseph Marketing Manager [email protected]

Darshana Ghadiali

Agent Co-ordinator [email protected]

Dipesh Parab Agent Co-ordinator [email protected]

Ocean Imports

Airlift (India) Pvt Ltd 13/14, Adarsh Industrial Estate,

Sahar Road, Chakala, Andheri (East),

Mumbai 400 099.

Telephone : +91 22 - 6697 3400 / 6697 3456

Fax : +91 22 - 2836 8304

Joan Dcunha Ocean Imports Manager

[email protected]

Nimesh Wadekar

Assist Ocean Import Manager

[email protected]

AHMEDABAD

Airlift (India) Pvt Ltd 302 , SAKAR – 5 , 3rd FLOOR , BEHIND NATRAJ CINEMA, ASHRAM ROAD,

AHMEDABAD 380006 .

Telephone : +91 079 40072260 – 63

Fax : +91 079 40072264

E-Mail : [email protected]

Contact : Devendra Tiwari

BANGALORE

All Corrospondence through Mumbai office ONLY.

CHENNAI

No. 9/5 1st Floor, Balaji Avenue, 2nd street,

T.Nagar Chennai - 600017

Telephone : +91 44 - 2834 3609/ 2834 3610 / 28342791/ 93

Fax : +91 44 - 2834 0816 / 834 3806


Contact : Murali Kuppuswamy

COCHIN

AIRLIFT ARCADE, XI/1141, 2nd FLOOR, V IP ROAD, NEAR RAILWAY

OVERBRIDGE, MEKKAD . P.O, NEDUMBASSERY, PIN # 683 589

Telephone : 0484 2611735 , 2611736, 2610890

Fax : 0484 2610890


Contact : Vinay Kumar

Ramdas

Ranjit

HYDERABAD

Plot no. 402, Technopolis, 1-10-74, Chikoti Gardens, Begumpet,

Hyderabad 500 016

Telephone : +91 40 - 27766942 / 27845155

Fax : +91 40 - 27845155 / 27762155


Contact : Mr. Dinesh

DELHI

AIRLIFT (INDIA) PVT.LTD. 1ST FLOOR,44A, SHAHPUR JAT, NEW DELHI-110049

Telephone : 011 26494730,31,32

Fax : 011 26494733


Contact : Mr. Laxman Rasaily

PUNE

22- Sagar Arcade, Deccan Gymkhana

Pune 411004

Telephone : +91 20 – 56229287 / 88 / 9371063144

Fax : +91 20 - 25534630


Contact : Mr Vijay Tambhe

VADODARA

602 b, 6th Floor, The Emperor Bldg,

Fatehgunj Vadodara – 390 002

Telephone : +91 265 - 2781719

Fax : +91 265 - 2783076


Contact : Deepali

KOLKATA

All Corrospondence through Mumbai office ONLY.

HUMAN RESOURCE MANAGAMENT

HR Management Strategy and Logistics Workforce Performance

A high-performance supply chain is essential for any company to stay in front of the competition, and contrary to what many IT aficionados would have you believe, people are still the critical ingredient in supply chain performance.

At a time when many companies prioritise technology implementation and partner selection over logistics workforce development, your company can achieve a competitive advantage by investing in the performance of labour and management resources.

Choose the Right HR Management Strategy

To leverage the potential of your people most effectively, it’s paramount to ensure the right HR management strategy is in place to hire, train, retain and optimise your logistics workforce.

This strategy of course will depend upon the business goals and the culture within your company, but to promote excellence in logistics workforce performance, will probably fall into one of the following three general categories:

A results-based strategy, which rewards employees for meeting KPI targets

A strategy which rewards people on the basis of behaviour rather than outcomes

A development-focused strategy, which rewards employees for actively pursuing their

own skills development

Whichever strategy is chosen, personnel management and performance-based remuneration will need to be based on clearly defined goals and metrics.

Keeping the Logistics Workforce on Track

To ensure your logistics workforce HR strategy is executed successfully, the following steps (which are omitted surprisingly often, even by companies professing to invest in their people) must be planned and put into effect:

1. Implementation of Performance Metrics

This is the first step in a successful logistics workforce HR strategy. Performance metrics must be developed which make sense for your business and are aligned with business and supply chain goals.

2. Secure Management and Workforce Buy-in

Too many companies make the mistake of implementing metrics without talking to those whose performance will be measured. KPIs will be worthless if your managers and staff don’t see them as realistic or achievable—and more worthless still if nobody understands them.

3. Make Metrics Easy to Track

The more workforce performance metrics you implement, the easier you must make it to religiously track them.

This may require an investment in better business analytics tools, especially if your company is still working with spreadsheets for reporting and data analysis. If your metrics are not easily monitored, they probably won’t be monitored for long.

HR Management Matters to the Logistics Workforce

The steps outlined above can help your HR team play its part in a successful supply chain. While there is no doubt that technology is a key enabler for supply chain success, the best IT applications are impotent without a logistics workforce to manage and operate them.

By applying an HR management strategy to incentivize and engage logistics teams, your company can maintain an edge over its competitors, many of whom become increasingly reliant on IT as a supply chain panacea.

Let their mistake be your advantage—get the best from the people AND the technology deployed in your logistics operation, by keeping on top of HR management strategy and execution.

Financial structure

Airlift(india)private Limited is a Private incorporated on 15 December 1979. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs. 5,000,000 and its paid up capital is Rs. 2,000,400. It is inolved in Supporting and auxiliary transport activities; activities of travel agencies Airlift(india)private Limited's Annual General Meeting (AGM) was last held on 29 September 2018 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2018. Directors of Airlift(india)private Limited are Farokh Minoo Hansotia, Venkatesh Janardan Gavankar, Vadakke Kovilakom Vinayakumar, . Airlift(india)private Limited's Corporate Identification Number is (CIN) U63040MH1979PTC022006 and its registration number is 22006.Its Email address is [email protected] and its registered address is 13, ADARSH INDUSTRIAL ESTATE, SAHAR ROAD, CHAKALA,ANDHERI (EAST) MUMBAI Mumbai City MH 400099 IN , - , . Current status of Airlift(india)private Limited is - Active.

Company Details

CIN U63040MH1979PTC022006

Company Name AIRLIFT(INDIA)PRIVATE LIMITED

Company Status Active

RoC RoC-Mumbai

Registration Number 22006

Company Category Company limited by Shares

Company Sub Category Non-govt company

Class of Company Private

Date of Incorporation 15 December 1979

Age of Company 40 years, 5 month, 26 days

Share Capital & Number of Employees

Authorised Capital ₹5,000,000

Paid up capital ₹2,000,400

Listing and Annual Compliance Details

Listing status Unlisted

Date of Last Annual General Meeting 29 September 2018

Date of Latest Balance Sheet 31 March 2018

Contact Details

Email ID: [email protected]

Address:

13, ADARSH INDUSTRIAL ESTATE, SAHAR ROAD, CHAKALA,ANDHERI (EAST)

MUMBAI Mumbai City MH 400099 IN

AWARDS & MILESTONS 1979 - Airlift ( India ) Private Limited begins operations in Mumbai as an export air cargo agents in December. 1980 - Airlift ( India ) Private Limited gets IATA approval. 1984 - Airlift ( India ) Private Limited climbs the ladder to number 3 in India 1985 - Airlift (India) Private Limited branches out into Break - Bulk of imported cargo 1986 - Airlift (India) Private Limited opens another branch Office in Delhi. 1988 - Airlift (India) Private Limited is declared Number 2 on An all India Basis 1990 - Airlift (India) Private Limited swiftly climbs the ladder Of success to be declared by IATA, as Number One agent in India. 1993 - A landmark year indeed, as Airlift (India) Private Ltd extends its operations with new branches at Cochin and Pune . 1994 - Airlift (India) Private Limited spreads its wings out into Vadodra. 1995 - Airlift (India) Private Limited opens up new branches at Trivandrum and Coimbatore. 1996 - Airlift (India) Private Limited adds one more feather in its cap – New Branch at Hyderabad. 1998 - Airlift (India) Private Limited starts operations in Amdavad. 2002 - Rajkot is added to our list of Branches.

SERVICES OFFERED Air freight Ocean freight Air-Sea Freight Multimodal Domestic Freight SOC Operation Project Handling Logistic Services Exhibition Warehousing and Distribution Surface Transport Cross Trade Customs Brokerage Cargo Insurance

AIR FREIGHT Airlift India Pvt Ltd TM offers expedited, Consolidations, HAZMAT, Door to Door for both Import/Export shipments.Our specialists have many years of experiences in the area of air cargo shipments. They are dedicated to using their knowledge to achieve speed, economy, precision and safety.

Contact us now to get competitive air freight rates for your shipment.Services Offered:

ACI-Air Cargo Imports

ACE-Air Cargo Exports

AFC-Air Freight Clearance

Import and Export Consolidation

All Major Sectors covered

Fixed departures

Minimum one consolidation per week to and from major origins

Pre-booked space

Direct routines wherever applicable

Fastest transit times

Competitive rate structure

Ex-works and door deliveries

Self handling at our own warehouse

Cost-effective rates for both Export and Import

Ocean Freight:

Airlift (India) Private Limited stands amongst the prestigious sea freight forwarders in India. Having ties with leading shipping companies helps us in providing highly reliable and efficient ocean freight services to our esteemed customers. We are well known for our quality sea freight services, which has further enabled us in building a large clientele base globally. We ensure to delight our honored customers by offering our services at affordable prices.

Sea Freight Import (FCL IMP)

Sea Freight Exports (FCL EXP)

Sea Freight Clearance

Break Bulk service

Project Cargo Handling

Inland transportation

Regular Consolidation

All major ports covered

Fixed weekly arrivals and departures

Choice of carriers

Fastest transit times

Competitive rate structure

Ex-works and door deliveries

Self handling at our own CFS

Pre-booked space on carriers

Through Bills of Lading

FCL service

Multi Modal Transport Facilities: Airlift (India) Private Limited division provides a full transport service for import and export cargo with the emphasis on commodity logistics and inland transportation by rail, barges or road.

We can arrange pick up and delivery of goods anywhere in the India. Our drivers have the ability to handle all types of goods and are aware of the safety and importance that are in order. Airlift (India) Private Limited enjoys hi-tech connectivity through its state-of-the-art communications network and advanced office automation. This helps in round-the-clock monitoring of cargo movement and to track progress. This in turn enables quick decision making in the event of a snag or delay. Further, the customer is kept updated on demand about the progress of shipment.

Domestic Freight

At Airlift (India) Private Limited, we strive to provide the best domestic transportation solutions possible. Through the railroads and our contract truck carriers, we offer container on flat cars (COFC) and trailer on flat cars (TOFC) inter modal service, stack train shipments, rail car movements, over the road, dedicated drayage, spotting services, and on-site personnel trained in supply chain management.

With over 5,000 trucking companies in our contracting fleet, we're prepared to meet all equipment requests-Truckload, LTL, Specialized Equipment, Oversized and Permit Loads-using Vans, Flat Beds, Step Decks, and Double Drop & Stretch trailers. With only the most dedicated operations and customer service representatives available around-the-clock, you can trust your shipments to be under watchful eyes from pickup to final delivery.

Airlift (India) Private Limited has major service points for both rail and highway services over the vast majority of the country. We can accomplish this due to our alliances with:

20 National Rail Carriers

12 Stack Train Operators

400 Draymen

5000 Over-The-Road Carriers

We have a combined experience of 20 years in this industry and we take pride in handling top customers. We are currently handling both import and export loads for other steamship lines. Our truckers also have experience with refrigerated cargo.

SOC Operations: We operate SOCs under our own License for the smooth operations. We are registered with major ports and customs across the country.

Our present fleets of containers are around 5000 teus.

Our SOC sea routes are Far East, South East Asia and Middle East

Our Major Ports of operation: SHANGHAI, PORT KELANG, PENANG, COLOMBO, YANGOON, CHITTAGONG, SINGAPORE, BANDAR ABBAS & DUBAI.

Our Team is extensively trained in the SOC operations and maintains a close contact with consignees until delivery of the goods at site / door.

With our shipper owned containers, we take responsibility for ensuring that all licenses and paperwork are in order and stay with your shipment until the consignee has accepted it. The quality of our shipper owned containers is based on the quality of work of each personnel in our team.

Project Handling: The handling of project cargo requires precise planning, special care, attention and a lot of expertise in international, intermodal and overland transportation. Airlift (India) Private Limited project management team commence the process with a feasibility study, set it up for execution of the project right from placing of Off shore cranes, loading, lashing, survey, quality inspection, mobile escort during overland transportation, arranging the sea freight - either special equipments or break bulk movements and undertaking international customs procedures.

Airlift (India) Private Limited has to its merit for having completed smoothly project freight movement (inbound and outbound) for corporate companies in Stain steel Sector, Power Sector, Engineering , Metals and Infrastructure Industry.

Heavy Lift - Out of Gauge - RO/RO

This category of freight involves a detailed analysis of the cargo and its unique logistics requirements. Specific vessels are selected to provide safety and protect the integrity of the shipment.

Our personnel can perform site surveys at all handling points and provide advice on blocking and handling techniques. We understand the importance of a trouble free shipment and a successful delivery. Depending on the volume of the shipment, full and slot vessel chartering can be utilized to reduce costs. Rolling stock cargo can move using RO/RO vessels. We offer professional Port Captain representation in certain cases to supervise the working of the vessels to prevent problems and stevedore disputes. Our inland vendors have extensive experience moving large cargo and arranging all road permits to and from the ports

Logistics Services: We offer a wide range of effectual global logistics services and freight management solutions to our customers. The services provided by us are backed by a huge global network, expertise team and our genuine customer services. Also, we provide customized logistics services as per the requirements of our national as well as international customers. Besides, we commit to provide complete satisfaction to our customers by offering our services at cost effective prices. We have positioned ourselves amidst the leading providers of logistics services in India.

Logistics is the art and science of managing and controlling the flow of goods, energy, information and other resources like products, services and people, from the source of production to the marketplace. Logistics can be defined as having the right quantity at the right time for the right price.

At Airlift (India) Private Limited we offer our customers a broad range of freight management and customized logistics solutions. Our services are backed by an extensive global network, a team of local experts, and dedicated customer service. We strive to meet our customers’ individual logistics needs at both the local and global levels.

Beginning with the planning process and extending throughout your supply chain, Airlift (India) Private Limited creates and executes solutions that lower costs, raise service levels

and enhance your ability to compete. By linking multiple supply chain elements, Airlift (India) Private Limited creates solutions tailored to the customer’s specific demands and enhance value for our customers. We provide quality logistics services for our customers by integrating our experience, flexibilities, and knowledge.

We commit ourselves to customer satisfaction in every aspect of the service we provide. This has been our clear focus since our inception. At Airlift (India) Private Limited, we are extremely proud of the longevity with our customers, as many of them have been with us over so many years.

As your supply chain partner we view ourselves as a valued extension of your organization. You can always count on Airlift (India) Private Limited to provide innovative, competitive, and cost-effective ways to meet your operational requirements.

Exhibition: Our full range of Exhibition-Logistics Services include handling of small trade shows and International Exhibitions, Temporary Import / Export shipments for International Display, Conventions, High value instruments in International Film Shoots.

Our dedicated expeditor’s team constantly monitor & upgrade each activity on our Project Management System to ensure fail-safe operations.

Warehousing and Distribution: A fully automated warehouse for consolidating and holding shipments and bulk goods, short and long term under the care of a logistics control and inventory management team.

Our Warehousing Distribution Services is well supported by effectual logistic solution. Both the bonded and non–bonded warehousing facilities are available for 24x7. Besides, we also offer Third Party Warehousing Services to the valued customers. Apart from that we are one of the most trusted organizations dealing with Warehousing Services in India.

Airlift (India) Private Limited warehouse facilities also enables our international customers to store their valuable commodities until needed by their domestic customers and thereby avoiding the long delays in delivery caused by receipt of order.

We have a complete range of warehousing and distribution services. Our facilities blend modern systems and equipment with industry-best-practices to lower your warehousing and distribution costs while increasing our service levels.

We offer specialized warehousing and distribution solutions for numerous industries, including apparel and footwear, automotive, consumer and industrial electronics, consumer packaged goods, food and grocery, governmental and military, and oil and petrochemicals. Our storage environments include ambient, temperature-controlled (air-conditioned, chilled, frozen), racked and bulk storage.

The Range of Services We Offer Include:

Bonded and non bonded warehousing Logistics support Pick and Packing

Carton sorting to marks Palletization / Shrink Wrapping

Surface Transportation: We provide standardized surface transportation services, with an assurance of safe handling of the goods. We aim to deliver the goods in flawless condition, thereby providing absolute satisfaction to our customers. We serve our customers with utmost sincerity and dedication, thereby rendering efficient and reliable services. Our road transportation services are widely appreciated by our customers and we have also received several positive responses for our timely services. We use the best vehicles for transporting the goods from one place to the other. As a result, we are reckoned as one of the best providers of road transport services in India.

Our service standards for Surface transport are also precisely coordinated with the growing needs of industry and commerce. Services with clearly defined transit times give our customers the security they need in order to budget reliably and keep an exact control of the flow of goods.

With our own fleet of container trailers, we specialize in transporting our customer's goods from place to place with an assurance of total safety. Operating on the principle of care and perfection, we offer fast and reliable services. Our company's aim is to deliver the products in an absolutely flawless condition. We stand apart and take pride in being the most customer-oriented company. The safety and the timely delivery are the supreme goals of the company.

We have been serving the customers with reliable, efficient and professional services. Our organization strives to deliver perfection in everything, we perform. Our quality services match the international standards, as we believe in maintaining long term business relationships with our customers.

Custom Brokerage: Airlift (India) Private Limited, will provide you with expert customs documentation and all transactions with India Customs concerning the entry and admissibility of merchandise. This includes classification and valuation, duties payment, taxes, or other charges assessed or collected by Customs on merchandise by reason of its importation, or the refund, rebate, and drawback. Furthermore, we can handle your clearance for both imported and exported freight.With our expertise, unnecessary delays and penalties are avoided.Being a Custom House Broker with facilities like online billing of papers with customs EDI, we offer a wide range of custom clearance services that include for both Export & import:

Liaison with all regulatory agents, council to deal with all types of cargo

Advice on all modes of transportation- surface, sea and air

Arranging of storage in clearance stage, movement of goods

Coordinating between warehouse statutory authority and the shipping line

Speedy transaction of all custom formalities and obtaining all required certificates

Cargo Insurance: Airlift (India) Private Limited suggests its customers to protect their investment in cargo with insurance to avoid any possible risk of total or partial damage.

This policy insures approved general merchandise against risks of physical loss or damage from external causes. However, this policy does not cover all losses possible in the course of an international shipment.

Some perils typically not covered in All-Risk Policies

Improper packing

Abandonment of cargo

Rejection of goods by customs

Failure to pay or collect account

Inherent vice, (infestation or loss due to nature of the product itself)

Employee conversion or dishonesty

Losses due to delay or market loss

Goods subject to an on-deck bill of lading

Losses caused by temperature or pressure

Used goods

Sometimes, due to nature of products or shipping condition, only limited coverage can be obtained. Although FPA coverage is not as complete as "All-Risk Coverage", it is better than having no insurance at all.

OTHER DATA

Track & Trace Air Freight Sea Freight Tracking

Utilities Conversion Calculator Holiday List Currency Converter Dimension Converter Container Measurements Metric Conversion Chart World Time Map Map of the World

IMPACT OF COVID-19 Logistics and transport services constitute an integral part of buyers’ supply chain. The continuity of operations for a majority of industries is heavily reliant on the service assurance provided by vendors in the logistics and transport industry in the US. Evidently, the blockade of geographical borders and clampdown orders imposed on all the transportation services to limit the impact of COVID 19 have restricted the scopes of service delivery in the logistics and transport industry in the US. Like a chain reaction, it has triggered a blackout in the operational momentum across

Post COVID-19, the global logistics market size is projected to grow from USD 2,734 billion in 2020 to USD 3,215 billion by 2021, at a Y-O-Y of 17.6%. The major drivers of this market are increasing focus on the continued supply of essential commodities, creation of supply chain stabilization task force to fight COVID-19, and growing demand and distribution of personal protective equipment. The factors that restrain the market are labor shortage and a shortage of COVID-19 testing kits. The projection for 2021 is estimated to be down by over 10-15% as compared to the pre-COVID-19 estimation.

FMCG is expected to have the largest market sizing in the global logistics market during the forecast period. FMCG and healthcare are among the major industries facing prominent logistics challenges.Most consumers are experiencing the fear of limited availability of fast-moving consumer goods as well as healthcare goods such as disinfectants. Most countries are experiencing supply pressure due to panic buying by consumers amid COVID-19 impact. As a result, FMCG companies are continuously tracking the current situation and are coming up with new strategies to ensure continued supply. The agriculture sector has been exempted from the restrictions laid by the countries.This has ensured sufficient supplies of food and other daily needs products. E-groceries continue to meet the increasing demand for daily supplies by the consumers. Amid the COVID-19 pandemic, Walmart Grocery application hit all-time high downloads in the US. Roadways is the largest segment for the logistics market by mode of transport. Roadways are relatively less affected by the COVID-19's impact on the logistics sector when compared with airways and waterways.Trucking is seen as a critical mode of transport amid the pandemic. However, the primary concern faced by the road transport segment is driver shortage and ensuring the health safety of the available drivers as well as their infrastructure. Being the preferred mode of transport for essential goods, road transport is relied upon heavily for the continued supply of food, medicine, and other essential products. Asia Pacific to have the largest market size during the forecast period Asia Pacific is expected to have the largest logistics market size as the region has taken stringent and quite early measures to contain the virus outspread.China has started to recover from the COVID-19 pandemic faster than any other country. Only some provinces of the entire country are in lockdown after the second wave of COVID-

19.The World Health Organization has also appreciated India's control over the spread of the pandemic. This has allowed the logistics and supply chain companies to meet consumer demands during the pandemic situation.The supply of vital products in Singapore, South Korea, and Japan has also regained normalcy. Thus, Asia Pacific region is expected to show positive signs in the near future as the supply chain industry recovers gradually. In-depth interviews were conducted with CEOs, marketing directors, innovation and technology directors, and executives from various key organizations operating in the logistics and supply chain marketplace. • By Company: Logistics Companies - 60% and Others - 40% • By Designation: Directors- 60%, C level - 40% • By Region: Asia Pacific - 80%, Europe - 10%, and Others - 10% Note: Others in Company Type include Industry Consultants and in the region includes other regions such as North America and RoW. Some of the key players in the logistics and supply chain industry are DHL (Germany), UPS (US), FedEx (US), Kuehne+Nagel (Switzerland), CEVA Logistics (Switzerland), DB Schenker (Germany), SNCF (France), XPO Logistics (US), Kenco Group (US), and Hitachi Transport System (Japan). The study includes an analysis of the key strategies and practices followed by these players to handle the impact of COVID-19.

Research Coverage The logistics market has been segmented based on industry (automotive, FMCG, healthcare, energy & utilities, and industrial machinery & equipment), mode of transport (roadways, railways, airways, and maritime), and region (Asia Pacific, Europe, North America, and Rest of the World)

Key Benefits of Buying the Report:

This report provides insights with reference to the following points: • Logistics market size, by industrial vertical: The report offers in-depth market sizing and forecasts up to 2021, based on automotive, FMCG, healthcare, energy & utilities, and industrial machinery & equipment. The market sizing for industries is covered at the regional level, considering the detailed impact analysis of COVID-19. • Logistics market size, by mode of transport: The report offers in-depth market sizing and forecasts up to 2021, based on the mode of transport, such as roadways, railways, airways, and maritime. The market sizing for the mode of transport is covered at a regional level, considering a detailed impact analysis of COVID-19. • The report provides insights on the impact of COVID-19 on key industry verticals impacting the logistics market. • Market development: The report provides comprehensive information about lucrative emerging markets for the logistics industry across regions, considering the detailed impact analysis of COVID-19. • Product development/innovation: The report gives detailed insights key changes adopted by logistics companies as well as industry verticals, considering detailed impact analysis of COVID-19.• Market opportunities: The report offers detailed information about new markets/business opportunities created due to COVID-19.

CONCLUSION

I can honestly say that my time spent interning with Herbein and Company resulted in one of the best summers of my life. Not only did I gain practical skills but I also had the opportunity to meet many fantastic people. The atmosphere at the Pittsburgh office was always welcoming which made me feel right at home. Additionally, I felt like I was able to contribute to the company by assisting and working on projects throughout the summer.

A STUDY ON THE COMPANY GOODRICH MARITIME LOGISTICS …

Documents

Transcript of A STUDY ON THE COMPANY GOODRICH MARITIME LOGISTICS …