Tag: Supply Chain

News

Automotive Supply Chain: Most Cyberattacked Sector, Seqrite Report Finds

May 14, 2024 by Sujata Muguda 0 Comments #Cyberattacked Sector, #Seqrite, #stakeholders, #Supply Chain

Pune, 14th May 2024: Seqrite, the enterprise arm of global cybersecurity solutions provider Quick Heal Technologies Ltd, sheds light on the alarming findings of ‘India Cyber Threat Report,’ unveiling the automotive supply chain as the most cyberattacked sector.

The report, a collaborative effort between Seqrite Labs, India’s largest malware analysis facility, and the Data Security Council of India (DSCI), exposes a concerning trend in the automotive sector. Despite being traditionally perceived as secure, the industry faced a notable surge in cyberattacks in 2023. Supply chains within the automotive sector bore the brunt of these attacks, surpassing government agencies and the education sector in terms of detections.

The modern automotive supply chain is a complex ecosystem characterized by interconnected systems and a diverse range of components and software. This complexity serves as a breeding ground for vulnerabilities, posing significant challenges for cybersecurity teams. Legacy systems and software, lack of standardization, and varying nomenclature across companies further exacerbate the cybersecurity challenges in the automotive supply chain.

To combat cyber risks effectively, Seqrite advocates for a multi-layered security approach, encompassing perimeter defenses, network segmentation, robust authentication protocols, and continuous monitoring. Additionally, building a culture of cybersecurity, fostering collaboration and information sharing, adhering to compliance and regulatory frameworks, and embracing emerging technologies are crucial steps in strengthening the automotive supply chain’s cybersecurity posture.

Seqrite urges all stakeholders in the automotive industry ecosystem, including manufacturers, sellers, consumers, suppliers, and repairers, to prioritize cybersecurity and collaborate towards a safer future.

Disclaimer: This press release serves for informational purposes only and does not constitute professional advice. Any reliance on the information provided is at the reader’s discretion.

News

Supply chain platforms transforming the industry through tech

Apr 30, 2024 by Sujata Muguda 0 Comments #industry through tech, #school practices, #Supply Chain, #upside down

Supply chain platforms are getting a high-tech makeover that’s shaking up the industry. With innovations like AI, data analytics, and even blockchain, these platforms are turning old-school practices upside down. They are making logistics a breeze and moving towards smarter decisions, fewer hiccups, and lightning-fast responses to market challenges. Companies are able to achieve higher levels of productivity, reduce costs, deliver superior customer experiences and stay competitive. Here are 4 such companies that, integrate technology to the best:

 1. FarEye – A leading logistics management company, FarEye provides end-to-end visibility and predictive analytics to businesses. The platform offers multiple tech solutions such as dynamic routing solutions, the use of AI, tech for enhancing customer experience, and more.
2. ShakeDeal – A Bangalore-based company, ShakeDeal is a leading supply chain and B2B commerce platform that excels at procurement processes. ShakeDeal has Mozart as their Vendor Management System that uses tech to optimise tail spending and automate the supply chain to streamline processes. Alongside, they use other tech like AI, and analytics, among others, to ease processes.
3. Edgistify – Edgistify is a tech-enabled brand that leverages the latest technology to offer supply chain management. The tech-driven platform uses EgdeOS to provide end-to-end supply chain visibility, along with other tech solutions that allow unified order processing and effective warehouse management.
4. Rivigo – A tech-enabled logistics company, Rivigo has an innovative approach to long- haul trucking. The brand uses a unique relay model and advanced data analytics to ensure faster and more reliable delivery of goods across India. Industries are broadening their technological horizons, and the supply chain sector is no exception. By embracing an array of advanced tools and welcoming new technologies, we are witnessing a significant enhancement in the quality of supply chain management. As businesses continue to integrate innovative solutions into their operations, the landscape of supply chain management is poised for further advancement and optimization in the coming years.

Business

Ambuja Cements Recognised for Superior Supply Chain Efficiency at CII SCALE Awards 2023

Jan 24, 2024 by Sujata Muguda 0 Comments #Ajay Kapur, #Ambuja Cements, #CII SCALE Awards 2023, #Supply Chain

Bengaluru, 24 January 2024: Ambuja Cements, the cement and building material company of the diversified Adani Group, has been honoured with the prestigious “Excellent Position” Award in the Cement Category at the CII Supply Chain and Logistics Excellence (SCALE) Awards 2023.

Ambuja has earned this recognition by showcasing a commitment to driving excellence in every facet of its operations, particularly in the complex landscape of logistics and supply chain management. The Company has consistently demonstrated a forward-thinking approach in the competitive cement industry, exemplifying best practices and pioneering solutions in logistics and supply chain.

Ambuja Cements Recognized for Excellence in Logistics at CII SCALE Awards 2023

Mr. Ajay Kapur, CEO Cement Business, said “We are proud to be recognized for our seamless integration of innovation and precision in supply chain and logistics operations, highlighting our commitment towards elevating our operational efficiency. By setting and surpassing standards, we not only enhance our own competitiveness but also establish a commendable benchmark for the entire sector. We are committed to delivering quality products to our customers through efficient logistics and supply chain management, and this award validates our ongoing efforts.”

The CII Institute of Logistics SCALE Awards 2023 serves as a benchmark for industry players, encouraging continuous improvement and setting new standards for excellence in the logistics and supply chain domain.

Business World

Meet Chetan Mathur, an unstoppable Entrepreneur & Supply Chain, Strategist

Sep 8, 2020 by Gouri Achary 0 Comments #Chetan Mathur, #Strategist, #Supply Chain, #Warp & Weft International

With over 20+ years of experience in Supply Chain Management at international levels, Mr Mathur is
a dynamic personality with a vision to expand his businesses globally. He is deeply passionate to create value through learning and leadership. Mr Mathur has always believed in the idea of creating innovative solutions to catch up to the current retail scenario by promoting responsible sourcing solutions.

In accordance with the ever-increasing competitiveness and changes in global markets, Mr Mathur has been recently working very closely with producers, brands and retailers to achieve “sustainable solutions” for creating a transparent and traceable product cycle. His insight product knowledge has contributed to his focus on creating an overall Sustainable Value System for the whole supply chain.

Chetan Mathur is an active participant of two promising companies- Warp & Weft International and Medusa Source. He is the CEO of Warp & Weft International. WWI a specialized product sourcing company for 40+ years managing sourcing requirements for stores, retailers, wholesalers & importers worldwide. It deals in a vast array of Home Decor products ranging from Soft Furnishings, Hard Goods, Furniture and Decoratives. And he is also the Managing Partner of Medusa Source. Its a Supply chain management company providing end-to-end product sourcing solutions for fashion brands, labels & retailers worldwide. The product line includes RTW garments, fashion accessories, footwear & cosmetics.

Business World

Hon’ble Minister Mr. Jagadish Shettar, inaugurates the new high-speed multipack tetra manufacturing line at the HCCB factory in Bidadi Industrial Area

Aug 11, 2020 by Gouri Achary 0 Comments #AVP, #Factory Manager., #HCCB, #Hon’ble Minister Mr. Jagadish Shettar, #Mr. Mohan Singh, #Public Affairs and Communications, #South and Mr. Bheemannappa Manthale, #Southern Cluster; M. Chandrasekar, #Supply Chain, #Vice President

Bengaluru, August 11, 2020 – HCCB – one of India’s leading FMCG companies, today introduced a unique high-speed multipack tetra manufacturing line at its factory in Bidadi Industrial Area, near Bengaluru. Mr. Jagadish Shettar, the Hon’ble Minister of Large and Medium Scale Industries, Government of Karnataka inaugurated the new line that will produce juice drinks in an affordable pack size of 150 ml. Mr. Shettar was on a visit to the Hindustan Coca-Cola Beverages (HCCB) factory in Bidadi today.

The newly installed tetra pack line for juice drinks is uniquely designed for integrated processing, filling and packaging of the product. Equipped with a capacity of 440 packages per minute (ppm), the line is expected to record the highest multi-package output in HCCB at the lowest possible operational cost. This will enable HCCB to serve juice drinks at affordable price points to its customers. Among other unique features, the new line comes with a modern aseptic process that ensures filling of the beverage in a sterile environment. The aseptic filling process eliminates the possibility of any contamination from outside thus ensuring longer shelf life and improved nutritional and sensory properties. The multipack system also facilitates easy transport and consumption of the beverage. The inauguration of the new line at this time is HCCB’s way of demonstrating that it is ready for business.

At the factory, Mr. Jagdish Shettar, said, “The commissioning of the fully automated new manufacturing line of HCCB is a welcome step. It is a strong indicator that businesses are ready for a move-on and that the government is taking all the right steps to trigger economic activity in Karnataka.”

Dinesh Jadhav, Executive Director, Market Operations, Hindustan Coca-Cola Beverages, who was present at the inauguration said, “The Hon’ble Minister’s presence at the factory is a message to the employees and the local community. We have to practice personal and community safety as we get on with our lives. I take this opportunity to thank the Government for extending all support in running our factories and in supplying our products to the retailers and customers. Liquids are products of essential nature and we appreciate the govt’s guidance in ensuring product availability”

Alok Sharma, Executive Director, Supply Chain, Hindustan Coca-Cola Beverages added, “Mr. Shettar’s presence is a demonstration of the Govt’s focus on managing both lives and livelihoods. We at HCCB are also of the belief that the show must go on and the new tetra line is a testimony to that. This new line will help us cater to the demand of juice drinks in affordable tetra pack, which is popular in this part of the country. I once thank the Minister for his faith and confidence in us.”

HCCB has 2 factories in the Bidadi Industrial Area. The one where the event took place today, is the older of the two. This factory has 6 manufacturing lines that produce 19 products in 10 different pack sizes or stock-keeping units (SKUs). This factory meets more than 70% of its energy requirements through solar and renewable energy sources. At a company level, HCCB meets 50% of its total energy requirement from renewable sources.

Among other officials of HCCB present on the occasion were Mr. Mohan Singh, Vice President, Supply Chain, Southern Cluster; M. Chandrasekar, AVP, Public Affairs and Communications, South and Mr. Bheemannappa Manthale, Factory Manager.