Use technology to enhance supply chain network, says Varma
Minister Bhupathiraju Srinivas Varma, Minister of State for Heavy Industries & Steel https://steel.gov.in/ , has highlighted the importance of having a strong focus on reducing carbon footprints in the steel sector http://heavyindustries.gov.in .
Varma emphasized on plans for the logistics industry and the need to focus largely on optimizing the Supply Chain for a Sustainable and Competitive Indian Steel Industry https://www.bseindia.com/ .
He was addressing the ‘Supply Chain Management and Logistics Summit’ in Delhi on 28 June 2024 which was presented by ET Edge in collaboration with Mahindra Logistics http://mahindralogistics.com , strategic partner Oracle http://oracle.com and co-presented by DTDC Express http://dtdc.in .
“India boasts one of the world’s largest reserves of natural resources. With the vision of Atmanirbhar Bharat, we aim to tackle challenges and chart a course towards advancing the supply chain and logistics sector https://sbi.com.in/ . An efficient supply chain is crucial for optimizing operations,” he said https://unfccc.int/ .
“Utilizing technology to enhance the supply chain has the potential to revolutionize processes https://www.ibef.org/ . Sustainability is now an imperative rather than a choice https://www.nseindia.com/ .”
The government is dedicated to extending its support, including through various programs aimed at promoting and ensuring resilient and sustainable green supply chains, he assured https://et-edge.com/ .
Initiatives like Sagarmala https://sagarmala.gov.in/ have enhanced port efficiency and reduced logistics costs. Fostering a culture of innovation is essential for driving supply chain development, he elaborated.
The summit brought industry leaders, policymakers, and experts together to share, explore, and exchange insights to chart a better course toward a more efficient, sustainable, and resilient supply chain ecosystem.
The event showcased knowledgeable masterclasses across various fields including Risk Management, Blockchain Technology in Supply Chain, Supply Chain Digitization, Sustainable Practices, and Supply Chain Finance by industry subject matter experts.
Apart from sessions around supply chain, the summit also focused on some other ever-growing industries like Manufacturing & Heavy Engineering, FMCG, Retail and E-Comm, and Cold Chain and Warehousing https://www.bengalurutechsummit.com/ .
Supply Chain Management and Logistics Summit is a significant platform that brings the leaders across the country together, acknowledging the contributions made and to bring the ideas for innovations in the space. Fiinews.com
