Tag: India

How not to let culture issues defeat mergers

Posted by | May 23, 2007 | |

Eight months after acquiring the semi-express carrier Speedage, mail company TNT India is still integrating the two entities.

It was in September 2006 that global express logistics major TNT, one of the world’s leading business to business express delivery companies, acquired the Indian semi-express carrier, Speedage.

This acquisition added 514 depots, 26 transit hubs, 730 vehicles and 1,195 employees (and about 1,300 sub-contracted staff) to TNT’s existing resources. The current staff strength of TNT in India is 2,500 people.

Eight months later, Abhik Mitra, managing director of TNT India, feels that they have reached a comfortable position as far as transformation and integration issues are concerned. At the time of the takeover the TNT management was clear that it would not implement its own processes from the very next day.

The real work, adds Mitra, started once the deal was sealed. Speedage and all its 1,300 employees were put through to a phased transformation and integration process.

The first few months were all about communication and sharing. The TNT culture and values programme was shared with the Speedage employees, as were the short-term goals of the merger and the long-term ambitions from it.

The second and third months were dedicated to making the changes within the organisation and sharing the TNT value system with them. Then began the cultural training, continuing until the fifth month.

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Indian Airlines partners with GATI for courier service

Posted by | May 10, 2007 | |

Indian Airlines partnered with logistics cargo industry major GATI Ltd to launch a joint courier company, IC-Zipp. The two were working together for 11 years and the idea of this joint venture was to have synergy between the large air and surface networks. IC-Zipp will be launched in 119 cities in the first phase. The product will be priced in the range of Rs 50 to Rs 150 for 500 gm. The other features of the product include door pick-up, real-time tracking and 24-hour service, said a statement issued by the company. IA’s director (commercial) Anita Khurana said: “Amid a robust trade and business growth environment, companies can now seamlessly access the networks of two market leaders. So, whether it’s a business proposal, signed contracts, mass mails, print proofs, small packages or architectural drawings, customers can rely on our extensive network to get courier delivered on time.”

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Kuehne + Nagel growth-oriented logistics development in the Asia Pacific region

Posted by | May 8, 2007 | |

Kuehne + Nagel is rapidly developing its contract logistics business in the Asia Pacific region. Accelerated expansion in regional warehousing, distribution and lead logistics capacities, particularly in China and India, together with a strategic focus on innovative product development and process optimization, represent the cornerstones of the company’s plan to enhance its market position in the Asia Pacific region, as well as globally.

Kuehne + Nagel rolled out its expansion plan for contract logistics in the Asia Pacific region in 2005. Since then, the business unit’s activities have considerably strengthened, with a series of significant business wins and the opening of new facilities. At present, the company’s contract logistics network in Asia Pacific comprises 43 locations in 13 countries, with a managed warehouse space of 200,000 sqm.

Dirk Reich, EVP Contract Logistics and member of the Management Board of Kuehne + Nagel International AG, said at a press conference in Hong Kong today, “To achieve our objective of offering customers in Asia Pacific high-value logistics services, we plan to significantly expand our infrastructure facilities across the entire region. By the end of 2007, our total warehouse space will rise to 300,000 sqm at more than 60 locations. We envisage organic growth well above the market average and selected local acquisitions, and thereby to achieve a leading market position in this dynamic region.”

Key to the development plan is an enhanced service portfolio to cover a wide spectrum of needs and applications along the global supply chain. This extends from the implementation of Kuehne + Nagel’s globally standardized warehouse management systems across the region, and the implementation of ever more sophisticated industry-specific supply chain management solutions, for example for the automotive, high-tech, industrial goods, pharmaceutical and healthcare, as well as retail and Fast Moving Consumer Goods (FMCG) sectors, through to specific services for selected niche markets, such as aviation and hotel logistics. This enhanced portfolio will allow Kuehne + Nagel to optimally support customers in meeting their individual supply chain requirements.

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Express Service Industry in India

Posted by | May 8, 2007 | |

Research and Markets (http://www.researchandmarkets.com/reports/c55984) has announced the addition of Express Service Industry in India to their offering.

India’s Express Service industry, valued at approximately USD 1.6 billion, has grown at a CAGR of around 33% over the past decade. The industry is highly fragmented with many unorganised players having regional presence. However, the large organised players account for more than half of the industry turnover.

In the new era of internet, dependence on postal/express service has been adversely impacted however it has open new horizons by means of B2B and B2C trade models. New postal regulations pose concerns to growth of the industry.

Growth in manufacturing sector would boost need for India centric express delivery and logistics services. With the growth of 20-22% per annum, size of industry is expected to more than double over the next five year period. To know more about the industry, subscribe to exhaustive report on Express service industry in India.

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