Page 28 - ITLN January - February 2024 Issue for the Website

Event Report
AutoSCM
Summit 2023

He said, “During the Covid-19
pandemic, the industry understood
the need for agility and resilience.
One of the biggest challenges was the
absence of real-time visibility of our
consignments and the inability to plan
our production because of that.”
“In the last three years, many
visibility solutions have been coming
to the surface and now with these
solutions, we can plan our production
accordingly. Production schedules
are also getting settled accordingly.
Sometimes the consignments arrive
early is also an issue because the
inventories are also going up. And in
this case, visibility can help us to cut
future orders,” he added.
Building on the challenges in
managing the inventories, Yogesh (L-R) Javin Bhinde of SynCore Consulting, Hirendra Divgi of Divgi TorqTransfer Systems,
Ramtekkar, Head of Supply Chain Ashwani Jaiswal of Okinawa Autotech, JP Mishra of Newland AIDC and Vijendra Singh of
Transport Corporation of India.
Management, PV Clean Mobility
Technologies, pointed out the
importance of sales projections mile delivery that includes L5 Loader digital freight forwarder helps their
and predictions as well as the vehicles, EV financing, charging infra, automotive customers to navigate the
communication gap. and software solutions. international logistics arena.
“I think the communication gap He also spoke about the current “The customers are looking for
between OEMs, Tier 1, Tier 2 and status of EV adoption in India and longer contracts and shorter routes
Tier 3 suppliers is one of the most how the Return on Investment (ROI) to ensure better customer experience
important challenges. It applies to for EVs among logistics companies and faster deliveries. The digital freight
overseas suppliers as well, because are high. "It makes a lot of economic forwarders are also venturing beyond
for instance, the transit time from the sense," he said. international shipping into customs,
US is 60 to 90 days and any challenge CFS and last-mile delivery to help
to the free flow of information can Digitization of international
adversely affect the industry,” he said. logistics for auto customers
“Automotive customers are looking for Madhumeeta Kumari
Empowering the future of logistics better visibility of rates and routes as Cogoport
The Japanese EV company Terra there is a lot of uncertainty throughout
Motors' chief executive officer the supply chain.”
Akihiro Ueda spoke about the EV Madhumeeta Kumari, Enterprise
manufacturing at Terra Motors, the Sales Lead at Cogoport was
charging infrastructure provided delivering her presentation
by Terra Charge and the financing and spoke about how the
solutions provided by Terra
Finance with his presentation titled
"Empowering the future of logistics."
In fact, in December 2023, Terra
Motors announced the launch of its
blanket solution to electrify last-

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