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With marked declines in manufacturing, exports, and overall global commerce, the transportation and logistics network is being tested. Air, trucking and rail cargo services are at the highest risk to suffer severe disruptions, as well as port congestions, as the COVID-19 panic expands and is likely to continue. Flexport, who serves more than 10,000 clients and suppliers across the globe, is more exposed to being affected by the coronavirus outbreak, as it accounts for 52.2% of the company’s U.S. seaborne inbound handling from China. Both Flexport and DHL have warned of an increased rate of instability for airfreight, as well as marine shipping capacity cuts. the automotive supply chains are identified as the most vulnerable due to the fact that they operate largely JIT production schedules. Jaguar Land Rover (JLR) and parent company, Tata Motors, extended a shutdown of their unit plant at Changshu in China due to the COVID-19 outbreak.
2GI18MBA49 Shweta uttam A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
The outbreak of corona has a impact on logistics across the globe , the shipments are been getting delayed. organizations may be able to anticipate the impact on their business by using a combined set of tools. For example, U.S. companies that rely on foreign demand for their products also rely on foreign manufacturers, which supply the goods and services they need to conduct business. It is affecting all the commodities ,not just one sector.
India’s total electronic imports account for 45% of China. Around one-third of machinery and almost two-fifth. For automotive parts and fertilisers China’s share in India’s import is more than 25%. Around 65 to 70% of active pharmaceutical ingredients and around 90% of certain mobile phones come from China to India.
Most passengers air flights are being stopped, removing significantly the cargo capacity on most of the power lanes. The US ban has stopped the movement of people, not goods. In all regions freight forwarding is still possible but with very limited connections.
Land transport is maintained, but subject to disruptions and slowdowns due to increased border control, sanitary measures.
As coronavirus (COVID-19) keeps on expanding its worldwide come to, the effect is being caught up in each side of the economy, and the worldwide production network is no special case. With stamped decreases in assembling, fares, and by and large worldwide business, the transportation and coordinations organize is being tried. While there are cheerful advancements to highlight at the focal point of the flare-up, the worldwide economy despite everything has numerous difficulties ahead.
Ports/Logistics - Despite having safeguards and safe house set up requests, port and terminal tasks have seen negligible interruptions, with influenced territories esteeming port activities as basic organizations. Be that as it may, blanked sailings are required to cause port interruptions in coming a long time as the deficiency of void holders accessible for US sends out develops. As the stock side of assembling improves, US shippers and exporters will in any case have to deal with the downstream consequences for inventory network suppliers (stevedores, drivers, sea bearer group)
As we all see the impact of covid-19 is all over the economy of the world.all the business are closed due to shutdown and also the logistic sector which plays an important role in the economy by movement of goods and providing equipment due to corona virus all the transport section has closed so that it will give a huge loss and also the goods are not provided on time to its customers. In indian logistic sector which are one of the growing sector from last 2 years it may fall due to the corona virus beacuse all the logistics activities are stopped. most of the goods which we import that are from china so now it will a huge challenge for us to take it from other or we have to produce that.
Ports and shipping companies operate despite difficult conditions.containers are taken care of.
Most of the shipping lines are adding surcharges such as PSS but however still operating. Space and equipment remain very tight. All services are fully booked in March and already filling up in April. Equipment will start getting scarce, especially for inland pickups. Yet, some shipping lines announced improvement with regards to the availability of reefers containers.
The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
Country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
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.
Ports and shipping companies operate despite difficult conditions.containers are taken care of.
Industries and the economy in general are in a new territory, finding themselves more vulnerable to the risks of globalization and supply chain disruption. The focus on Covid-19 has shifted the priorities for all businesses and individuals globally. While the impact of and the reaction to the virus on supply chains and logistics appear to be spreading across the globe, organizations may be able to anticipate the impact on their business. As Covid-19 continues to impact not just steel, but all commodities, production of parts and delivery logistics, companies need to be able to pivot and make adjustments to their own production and business strategies.
according to current situation covid 19 is like thrashing everything every business except perishable items. Divide 19 already makes huge negative impact on logistics and mobility system Because of lockdown of 21 days companies are not getting permission enough inventory and fuel from pumps so they are finding very hard to move items just they are aliving their Hope's because pharma products and vegetables as well as milk products so that's what they surviving..
As Corona virus keeps on expanding its world wide come to , and effect is being caught up in each side of the economy.
In Indian logistics sector which are one of all growing sectors and from lastany days it may fall due to the corona virus because all the logistics activities are stopped most of the goods which were imported from China now it's a challenge ffor us to important goods from others .
As corona virus (COVID-19).The virus is likely to impact productivity on a group nd individual scale. Employers may need to adjust sales or bonus targets in some situations to account for unforeseen circumstances nd consult their sales plans to determine the parameters. Handling day-to-day productivity and the performance-related issue is tied to the outbreak in the current scenario.
Workers from small and medium enterprises are the worst-hit in India. Since some of them cannot work from home or utilize the remote working facility, the companies have waived those employees nd cut down their production. This way it’s having a huge impact on the production and performance of their businesses.
The COVID19 has created impact on functioning of logistics industry worldwide like
Cut in Air freight capacity- several air line companies have stopped their business all over the world. This directly impacts on exports and imports of the manufacturing businesses.
Disruption in exports and imports- the supply chain for various global are linked to China. If the outbreak continues for a longer time there will be shortage of labour availability and consumption of demand.
Shortage of resources- Global automakers like Volkswagen, Honda ,Toyota, are resuming their operations in the worlds largest car market China. This is will make the automakers to cut their production by 15% in the first quarter if the outbreak continues.
E-commerce- Alibaba is a e-commerce gaint in the world that is connected to many suppliers around the world. The corona outbreak declined in supplies all around the world.
Indian logistics startups are faced with uncertainty over the impact of the coronavirus--they may see a temporary spike in demand as people stock up but it may be followed by a slowdown due to supply constraints. The logistics space--broadly divided into ecommerce delivery, trucking and overseas freight transport --are all battling unique challenges and are unable to ascertain the impact of the highly contagious virus that has now spread to 150 countries and territories. For instance, mobile phones and electronics are the largest selling categories on ecommerce portals. But in China, which is the manufacturer of most of these phones and the epicentre of the outbreak, factories have been shut for two months, making delivery startups such as Delhivery, Ecom Express and Xpressbees nervous.
The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It is also having a growing impact on the global economy. . international transport at the forefront of trade and dependent on travel and human interaction, the shipping industry has been impacted materially both directly and indirectly from the outbreak of COVID-19. Lower demand for commodities and raw material, and thus need for shipment, has pushed freight rates lower.
*country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
*the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. “In Kerala and Maharashtra, we are witnessing fulfillment percentage to be reduced by around 5-10%,”
As a population of 1.3 billion stays indoors to fight the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
The Covid-19 outbreak has made it more difficult to achieve the targets due to the challenges of land acquisition, grid unavailability, supply chain bottlenecks and a lack of project financing. Though India is self-sufficient in manufacturing wind components, projects scheduled to come online in Q2 2020 will be delayed due to a lag in engineering and construction activities. The country is currently in a 21-day lockdown and the situation is still not clear in terms of a complete recommencement of construction activities.
Maintaining supply chains is crucial in responding effectively to humanitarian crises. As the corona breakout took place it has affected every sector all over the country. And majorly logistics has been affecting the most. Due to lockdown announced by the government officials and limited movement of transportation facilities has majorly affected the logistics department. Large eccomerce websites like Amazon, Flipkart and many other have put down their services because of the lockdown as the movement of any transportation is stopped may it be cargo , airports or trucks are been stopped. And talking about pharmacy industry it has been dependent china for Supply but due to covid-19 breakout , now India has to see the alternatives or produce at their own laboratories seeing the conditions Hence logistics has been affected vastly and only emergency services are been transported in most of the states of our country.
The coronavirus pandemic is threatening a logistical and transportation slowdown. The challenge for logistics companies now is serving the maximum number of customers in a day. A route planner can be beneficial here as it helps plan well-optimized routes with accurate driving directions, while factoring in traffic conditions, weather forecasts and customers’ preferred time windows. logistics startups are faced with uncertainty over the impact of the coronavirus--they may see a temporary spike in demand as people stock up but it may be followed by a slowdown due to supply constraints.
COVID19 has its impact on logistics. the logistics firms are facing problems because of the 21 days lockdown. no supplies can be carried to any location whatsoever. imports and exports have been affected as the borders are sealed and the resources which are currently available only those have to b used cautiously. the freights rates have shoot up to the sky. the rails, buses, transportation facility, everything is disabled and the logistics are in stress. India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia for now logistics will be facing loss.
The COVID-19 pandemic is impacting global health product supply chains, affecting key materials and ingredients, finished health products, logistics, shipping and more. The Global Fund is constantly and closely working with suppliers and partners to assess the impact on core health product supplies and provide recommendations for implementing partners on how to manage the impact.
Country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.According to the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. According to KR Sekar, partner, Deloitte India, the 21-day lockdown will see logistics players’ supply chain cost going up, and their global supply chain will be severely impacted since sourcing of inputs will become more challenging now.
The global focus on Covid-19 has shifted the priorities for all businesses and individuals globally. While the impact of and the reaction to the virus on supply chains and logistics appear to be spreading across the globe, organizations may be able to anticipate the impact on their business by using a combined set of tools. As Covid-19 continues to impact not just steel, but all commodities, production of parts and delivery logistics, companies need to be able to pivot and make adjustments to their own production and business strategies. The Covid-19 outbreak has made it more difficult to achieve the targets due to the challenges of land acquisition, grid unavailability, supply chain bottlenecks and a lack of project financing. Though India is self-sufficient in manufacturing wind components, projects scheduled to come online in Q2 2020 will be delayed due to a lag in engineering and construction activities.
The pandemic continues to expand. More than 175 countries and territories have reported cases of COVID-19, the disease caused by the coronavirus (SARS-CoV-2). Case growth has accelerated to more than 735,000 cases and 35,000 deaths as of March 30. Some geographies have a handful of cases, others with early community transmission have a few hundred, and those with uncontrolled, widespread transmission have tens of thousands. Governments have launched unprecedented public-health and economic responses. The situation evolves by the day.
In this note, we offer some of our latest insights, starting with five likely epidemiologic swing factors that will largely determine the contours of the pandemic in the next year. We then summarize two new articles designed to help senior executives lead through the crisis. In “Beyond coronavirus: The path to the next normal,” we outline five time frames to help leaders organize their thinking and responses. And in “Safeguarding our lives and our livelihoods: The imperative of our time,” we explain how business and society can and must take on both spheres of action, right away. These and many more are available in our collection of coronavirus thinking. We conclude with a short list of the areas in which executives should be concentrating their thought and attention.
Cut in Air freight capacity- several air line companies have stopped their business all over the world. This directly impacts on exports and imports of the manufacturing businesses.
Disruption in exports and imports- the supply chain for various global are linked to China. If the outbreak continues for a longer time there will be shortage of labour availability and consumption of demand.
Shortage of resources- Global automakers like Volkswagen, Honda ,Toyota, are resuming their operations in the worlds largest car market China. This is will make the automakers to cut their production by 15% in the first quarter if the outbreak continues.
E-commerce- Alibaba is a e-commerce gaint in the world that is connected to many suppliers around the world. The corona outbreak declined in supplies all around the world.
Coronavirus has posed tremendous global disruption in the end-to-end global supply chain. When we think about supply chain disruption, consider the products you use every day. Each product entails many elements before it reaches you: the raw material, the manufacturing, packaging, transportation and distribution. Each one takes a journey using ocean, rail, air and road before being made available to your store or doorstep. Imagine each of these steps having its own complex supply chain network connected globally.
Take toilet paper, for example. Demand has skyrocketed, but shelves are empty due to production capacity and lead times constraints. The raw material used to make the tissue paper you buy at the store is linked by a sophisticated network. The factory where it’s made might not have enough labor or truck drivers to get the raw material to the factory or product into warehouses, and from there onto shelves. This is what we mean when we say that the end-to-end global supply chain has been affected.
The number of coronavirus cases in India rose to 29, including 16 Italians touring through Rajasthan, the government said on Wednesday. The trade impact of the coronavirus epidemic for India is estimated to be about $348 million. The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report. China is a major supplier both for the final product as well as the raw material used in electronics industry. India’s electronics industry is fearing supply disruptions, production reduction, impact on product prices due to heavy dependence on electronics component supply-directly and indirectly-and local manufacturing. The spread of coronavirus could have pushed down the sales of top electronic companies and smart phone makers which have major supplies to India.
The effect of and impact to the infection on supply chains and coordinations seem, by all accounts, to be spreading over the globe, associations might have the option to an future possibility, the effect on their business. The imports and exports are being stopped, which is getting affected.
COVID19 has its impact on logistics. the logistics firms are facing problems because of the 21 days lockdown. no supplies can be carried to any location whatsoever. The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report.China is a major supplier both for the final product as well as the raw material used in electronics industry. India’s electronics industry is fearing supply disruptions, production reduction, impact on product prices due to heavy dependence on electronics component supply-directly and indirectly-and local manufacturing. The spread of coronavirus could have pushed down the sales of top electronic companies and smart phone makers which have major supplies to India.
Manjunath kolkar USN 2GI18MBA23 the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
*In the wake of the growing crisis, it was decided that this critical sector should be allowed to function, especially when carrying essential commodities. However, in the sixth day of the lockdown, the wheels are coming off. Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
Corona outbreak was uncertain and it has heavily disrupted logistics. The lockdown has resulted in slowdown of logistics. After the lockdown the demand for cargo and shipping is going to increase. The demand for all different types of shipments is going to increase as prices for late shipments will be lowered but it will be not a good idea to extend or to late shipments so demand for train, air and ship cargos will be in demand.
Covid 19 outbreak is not only in India but at a global level ,Let me Talk about Businesses Not only Big Businesses, But Even The Small Business, The Business THAT were About To begin ,About to rise also have gone into losses.. So let's Talk Abput Logistics We Indians Highly import and Export Various Materials, Import- Export is Completely Stopped .
Government is allowing few ships,Transport through trucks but in an limited supply , What is to be noted is That Suppliers are facing lot of issues to meet thier future demand But lockdown has to be followed to protect us against virus So basic solutions that I would suggest are 3 days in a week we could allow truck to deliver the essentials and other required materials 3 days would be assigned to Ships Trains have stopped so 1 day or at the most 12 hr facility would help in solving the future shortage issues pertaining to materials . Some Countries who are slowly Recovering we can have import export with them once we see that our country is also recovering. All this can be practiced with proper precautions both to the logistics team and the supplier and receiver Maximum Transport has stopped but minimum can help us in meeting the future demands.
* The Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
* A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
*In the wake of the growing crisis, it was decided that this critical sector should be allowed to function, especially when carrying essential commodities. However, in the sixth day of the lockdown, the wheels are coming off. * Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
The covid 19 lockdown has impacted the logistics very badly because transportations have been stoped by all the means.
For any business inbound and outbound logistics are the primary activities. As they have limited their functions it is shaking entire business and economy as well. The complete stoppage of transportation from air,sea and land freight has harmed the logistics to its core.
To overcome the same they should have kept some goods vehicles running wherein to transport the non perishable goods which can be transported in the high temperature by take some safety measures for the drivers. For Ex. If the goods train can transport the goods(wheat,ragi..etc) would be helpful to the business as well as farmers which would be dynamism in the economy as well.
The corona pandemic has affected every sector all over the country, majorly logistics has been affecting the most. Due to lockdown announced by the government of India and limited movement of transportation has majorly affected the logistics department. Large e-commerce websites like Amazon, Flipkart etc have put down their services because of the lockdown as the movement of goods also can pass the virus. So transportation is stopped may it be cargo , airports or trucks everything are stopped unless it is very important like the medicines or medical equipments which country needs the most The outbreak of corona has a impact on logistics across the globe , the shipments are been getting delayed. The trade impact of the corona virus epidemic for India is estimated to be about $348 million.The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report. China is a major supplier both for the final product as well as the raw material used in electronics industry. India’s electronics industry is fearing supply disruptions, production reduction, impact on product prices due to heavy dependence on electronics component supply-directly and indirectly-and local manufacturing. All this is because logistics is not smooth like before.
According to the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. “In Kerala and Maharashtra, we are witnessing fulfillment percentage to be reduced by around 5-10%,” Kacholia highlights, adding with lots of rumours around, either the ground staff is no longer active, or customers themselves are not accepting shipments, scared these might be contaminated.
Pradeep km USN 2GI18MBA35 The outbreak of corona has a impact on logistics across the globe. Air, trucking and rail cargo services are at the highest risk to suffer severe disruptions, While the impact of virus on supply chains and logistics appear to be spreading across the globe, organizations may be able to anticipate the impact on their business. This has led to hugh loss that the companies are suffering from. We need to come up with strategic which will help the logistics sector to operate to its full potential They can look for fully automated options
The logistics space--broadly divided into ecommerce delivery, trucking and overseas freight transport --are all battling unique challenges and are unable to ascertain the impact of the highly contagious virus that has now spread to 150 countries and territories.
For instance, mobile phones and electronics are the largest selling categories on ecommerce portals. But in China, which is the manufacturer of most of these phones and the epicentre of the outbreak, factories have been shut for two months, making delivery startups such as Delhivery, Ecom Express and Xpressbees nervous.
Apoorva karva USN-2GI18MBA08 Indian logistic sector which are one of the most growing sector from past few years it may fall due to the corona virus. Because all the logistics activities have been stopped due to covid 19. Corona is effecting so much on logistics. Trucking and rail cargo services are at the high risk to suffer severe disruptions as well port congestion, as the Corona virus panic expands and it will continue for some more time. Corona virus is impacting on global logistics also so much. Which will effect economy.
As per the pandemic is concerned whole world is suffering because of globalization most of the commodities were being exported and imported and because of pandemic situation it has stopped to such a extend that there is no space on port to dock the empty cargoes and cargo ships. if it continues further more than following are the problems the countries will face * Necessary commodities which we are exporting from foreign countries will stop or the cost will shoot up. * Most of the startups which were dependent on logistic will hit at great extend * Countries who were supplying food grains to underdeveloped countries such as Africa and many more will not recieve further * Medical or Clinic sector will hit * Global comodity price will increase * International Branded product price will increase * Around 450 Million people working in Supply chain will either loose job or the income will reduce thus poverty issue. * Countries which depend on Tourism and Manufacturing sector will be in loss * There will major supply chain disruption * Nearly 75% of US business have experienced supply chain disruption * European countries were earning more from Cruise ship liners which also will stod or less opportunity to start * Demand for the product will increase but there will be less supply of product due to Global supply chain issues. * Considering Domestic supply HUL is suffering a losses as the products are still stranded in the warehouses and if expires it is loss for the company as most of the state have sealed the borders.
The Central Government has lifted the ban on movement of goods i.e. all kinds of goods, essential and non-essential, however the actual movement of non-essential goods has not yet started due to:
a) The law enforcement agency i.e. the police, are under State Government control and they have not yet implemented the Central Government orders at the ground level, possibly to ensure that movement of all goods vehicles on the road should not go against 'Social Distancing' which has been the primary objective of the 'Lock Down'.
Due to the Lock Down situation, some of the drivers have migrated back to their hometowns. Even if the State police permit movement of goods on the road, there could be shortage of drivers. This situation is likely to continue till 14th of April which could further extend until the end of this month.
Domestic transport is expected to normalize over the next few weeks.
As of today the Ports & CFSs are working with limited staff, the custom clearance activity also happening, however problem persists of the cargo reaching the CFSs/ports or being evacuated from there due to above narrated issues at the ground level.
Whilst the ports and port based CFSs are functioning, the ICDs in the hinterlands have not assumed operations yet, we hope that they will start functioning in the next few days.
We still have new cases of Corona infection emerging every day so it's unlikely that the situation may change dramatically overnight, however we expect some incremental changes as the day's progress.
Trucking:
Notification issued by the government as on 29th March, allowed non-essential items also be moved however due to lack of drivers the services are impacted but it should get resolved in 2 to 3 days
Yes,sir all transport systems are affected but once the situation is improved, then logistics will be in demand as all the people will order what they couldn't because of the lockdown.
As a population of 1.3 billion stays indoors to fight the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country. A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country. ET Download AppTOP NEWS
SME SectorView in App Hit by a virus and lockdown, the wheels are coming off the Indian logistics industry A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown. What will it take for the sector to find its feet after being battered by Covid-19? By Shariq Khan, ET Online | Updated: Mar 30, 2020, 12.45 PM IST
iStock Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their workplace on barefoot. As a population of 1.3 billion stays indoors to fight the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country. A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country. ADVERTISEMENT
In the wake of the growing crisis, it was decided that this critical sector should be allowed to function, especially when carrying essential commodities. However, in the sixth day of the lockdown, the wheels are coming off. Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced. ADVERTISEMENT
According to Pranshu Kacholia, VP Business, ClickPost, data between March 10 to 20 shows that compared to the average for last month, the outbreak and the subsequent lockdown across states resulted in stuck shipments increasing by 9%, order delays were up by 21%, and delivery percentage has seen a clear decline of 9%. What is interesting is that this data pertains to the period before the nationwide lockdown started on March 25, which means these numbers would be way worse. According to the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. “In Kerala and Maharashtra, we are witnessing fulfillment percentage to be reduced by around 5-10%,” Kacholia highlights, adding with lots of rumours around, either the ground staff is no longer active, or customers themselves are not accepting shipments, scared these might be contaminated.
Abhish kamat 2GI18MBA01 The prices of diesel and petrol are going up under the government's plan to shore up revenues in these hard pressed times. Thanks to the lockdown, footfalls across cities will go down. The sales inventory cost will go up, so all companies will have to look at newer methodologies to dispose of their inventories.
Across the country, the lockdown has resulted in labour shortages, which in turn has added to the limited availability of transportation facilities. “The delayed deliveries are likely to disrupt the businesses that operate on “just in time or limited inventory” basis The complete lockdown of other businesses and supporting services, has also aggravated the situation. Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their workplace on foot. For those living in the margins in the informal sector, the same is very exhausting, leading to lower productivity.
TRAFFIC RESTRICTIONS: As on 1st April'2020, the countrywide lockdown which began on 25th March'20 continues until 14th' April'20.
Operational impact: The Central Government has lifted the ban on movement of goods i.e. all kinds of goods, essential and non-essential, however the actual movement of non-essential goods has not yet started due to: a) The law enforcement agency i.e. the police, are under State Government control and they have not yet implemented the Central Government orders at the ground level, possibly to ensure that movement of all goods vehicles on the road should not go against 'Social Distancing' which has been the primary objective of the 'Lock Down'. Due to the Lock Down situation, some of the drivers have migrated back to their hometowns. Even if the State police permit movement of goods on the road, there could be shortage of drivers. This situation is likely to continue till 14th of April which could further extend until the end of this month. Domestic transport is expected to normalize over the next few weeks. As of today the Ports & CFSs are working with limited staff, the custom clearance activity also happening, however problem persists of the cargo reaching the CFSs/ports or being evacuated from there due to above narrated issues at the ground level. Whilst the ports and port based CFSs are functioning, the ICDs in the hinterlands have not assumed operations yet, we hope that they will start functioning in the next few days. We still have new cases of Corona infection emerging every day so it's unlikely that the situation may change dramatically overnight, however we expect some incremental changes as the day's progress.
Trucking: Notification issued by the government as on 29th March, allowed non-essential items also be moved however due to lack of drivers the services are impacted negatively.
The projects/infrastructure sector noted the sharpest dip in the month-on-month talent demand followed by petrochemicals/oil and gas, export/import/merchandising and logistics & warehousing sectors that also registered a decline in the talent demand
TimesJobs RecruiteX , a monthly recruitment index indicates that while most sectors have registered a fall, the year-on-year demand has shown a 7% growth according to its February 2020 report. COVID-19 grips the job market with most sectors registering a drop in month-on-month talent demand, according to TimesJobs RecruiteX.
TimesJobs RecruiteX , a monthly recruitment index indicates that while most sectors have registered a fall, the year-on-year demand has shown a 7% growth according to its February 2020 report.
The projects/infrastructure sector noted the sharpest dip in the month-on-month talent demand followed by petrochemicals/oil and gas, export/import/merchandising and logistics & warehousing sectors that also registered a decline in the talent demand.
“The world, especially China, the south-east Asia region, Italy and Iran, has been dealing with the impact of Coronavirus since December 2019. Accordingly, the sectors related to foreign trade, exchange, import and travel are experiencing a slowdown, which is now reflecting in their talent demand too. In the long term, their business output and profits too would show this impact,” said Sanjay Goyal, Business Head, TimesJobs and TechGig. “For February 2020, the M-o-M talent demand is muted but the Y-o-Y talent demand was up. For now, we should wait and watch, and hope that the situation becomes better from here on."
Most high-volume sectors, including retail, FMCG, BFSI and manufacturing and engineering registered a drop-in talent demand in Feb 2020 v/s Jan 2020 comparison.
COVID-19. This is the most buzzing and booming word in the world at the moment. There’s a huge and severe impact of coronavirus or Covid-19 on domestic and international businesses across countries and sectors. The effect of the Covid-19 pandemic in human life is incalculable and it continues to grow in the world. [4/3, 12:59 PM] kusum: Many Indian IT companies have asked their employees to work from remote locations via video conferencing and collaboration tools seamlessly. They are testing their systems before they can implement any widespread measure to allow their lakhs of employees to stay home.
Impact of COVID-19 on IT Industry impact of covid-19 on it industry
The Coronavirus has impaired the ability to manage day-to-day service delivery for certain clients or at certain sites and result in, among other things, losses of revenue and inadvertent breaches of client contracts if a group of employees who serve the same customers was unable to work at the same time.
There are several factors that Covid-19 has made the industry disabled with its attack.
1) Dealing with Decreased Productivity and Performance 2) Fallout Disrupts Global Supply Chains 3) Facility and Office Closures 4) Cash Flow Crisis for SMEs 5) Not Ready For a Fully Remote Workforce
Most of the comments have covered the impact of COVID 19 on logistics, but bringing in light the adaptability used by some of the businesses at present:
1) Zomato: they have updated their app in some of the cities were instead of delivering food orders, they are delivering essential items as well as per listed under the WHO list.
2) DHL have began logistics of the most necessary items to be delivered via special cargos within 24hrs service but cutting down on other cargos.
In the time of epidemic, the some of the company have evolved or altered their functions to show their support specially in the field of logistics.
A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
Country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
The prices of diesel and petrol are going up under the government's plan to shore up revenues in these hard pressed times. Thanks to the lockdown, footfalls across cities will go down. The sales inventory cost will go up, so all companies will have to look at newer methodologies to dispose of their inventories.
Across the country, the lockdown has resulted in labour shortages, which in turn has added to the limited availability of transportation facilities. “The delayed deliveries are likely to disrupt the businesses that operate on “just in time or limited inventory” basis The complete lockdown of other businesses and supporting services, has also aggravated the situation. Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their workplace on foot. For those living in the margins in the informal sector, the same is very exhausting, leading to lower productivity.
Ports and shipping companies operate despite difficult conditions.containers are taken care of.
Most of the shipping lines are adding surcharges such as PSS but however still operating. Space and equipment remain very tight. All services are fully booked in March and already filling up in April. Equipment will start getting scarce, especially for inland pickups. Yet, some shipping lines announced improvement with regards to the availability of reefers containers
62 comments:
With marked declines in manufacturing, exports, and overall global commerce, the transportation and logistics network is being tested.
Air, trucking and rail cargo services are at the highest risk to suffer severe disruptions, as well as port congestions, as the COVID-19 panic expands and is likely to continue.
Flexport, who serves more than 10,000 clients and suppliers across the globe, is more exposed to being affected by the coronavirus outbreak, as it accounts for 52.2% of the company’s U.S. seaborne inbound handling from China. Both Flexport and DHL have warned of an increased rate of instability for airfreight, as well as marine shipping capacity cuts.
the automotive supply chains are identified as the most vulnerable due to the fact that they operate largely JIT production schedules. Jaguar Land Rover (JLR) and parent company, Tata Motors, extended a shutdown of their unit plant at Changshu in China due to the COVID-19 outbreak.
2GI18MBA22
Shreya majati
2GI18MBA49
Shweta uttam
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
Akshata rane
2GI18MBA40
The outbreak of corona has a impact on logistics across the globe , the shipments are been getting delayed. organizations may be able to anticipate the impact on their business by using a combined set of tools. For example, U.S. companies that rely on foreign demand for their products also rely on foreign manufacturers, which supply the goods and services they need to conduct business.
It is affecting all the commodities ,not just one sector.
Vanishree bhat
2GI18MBA54
India’s total electronic imports account for 45% of China. Around one-third of machinery and almost two-fifth. For automotive parts and fertilisers China’s share in India’s import is more than 25%. Around 65 to 70% of active pharmaceutical ingredients and around 90% of certain mobile phones come from China to India.
Ankit Poddar
2GI18MBA33
Most passengers air flights are being stopped, removing significantly the cargo capacity on most of the power lanes. The US ban has stopped the movement of people, not goods. In all regions freight forwarding is still possible but with very limited connections.
Land transport is maintained, but subject to disruptions and slowdowns due to increased border control, sanitary measures.
Rohan J Shanbhag
USN - 2GI18MBA42
As coronavirus (COVID-19) keeps on expanding its worldwide come to, the effect is being caught up in each side of the economy, and the worldwide production network is no special case. With stamped decreases in assembling, fares, and by and large worldwide business, the transportation and coordinations organize is being tried. While there are cheerful advancements to highlight at the focal point of the flare-up, the worldwide economy despite everything has numerous difficulties ahead.
Ports/Logistics -
Despite having safeguards and safe house set up requests, port and terminal tasks have seen negligible interruptions, with influenced territories esteeming port activities as basic organizations. Be that as it may, blanked sailings are required to cause port interruptions in coming a long time as the deficiency of void holders accessible for US sends out develops. As the stock side of assembling improves, US shippers and exporters will in any case have to deal with the downstream consequences for inventory network suppliers (stevedores, drivers, sea bearer group)
As we all see the impact of covid-19 is all over the economy of the world.all the business are closed due to shutdown and also the logistic sector which plays an important role in the economy by movement of goods and providing equipment due to corona virus all the transport section has closed so that it will give a huge loss and also the goods are not provided on time to its customers.
In indian logistic sector which are one of the growing sector from last 2 years it may fall due to the corona virus beacuse all the logistics activities are stopped. most of the goods which we import that are from china so now it will a huge challenge for us to take it from other or we have to produce that.
Karan Nilajkar
2GI18MBA18
Vanishree bhat
2GI18MBA54
Ports and shipping companies operate despite difficult conditions.containers are taken care of.
Most of the shipping lines are adding surcharges such as PSS but however still operating. Space and equipment remain very tight. All services are fully booked in March and already filling up in April. Equipment will start getting scarce, especially for inland pickups. Yet, some shipping lines announced improvement with regards to the availability of reefers containers.
Shivani Raikar
USN 2GI18MBA48
The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown
The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
Priyanka J
2GI18MBA39
A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
Country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
Krupa Deshpande
2GI18MBA20
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.
Ports and shipping companies operate despite difficult conditions.containers are taken care of.
Akshata Shiroshi
2GI18MBA06
Industries and the economy in general are in a new territory, finding themselves more vulnerable to the risks of globalization and supply chain disruption.
The focus on Covid-19 has shifted the priorities for all businesses and individuals globally. While the impact of and the reaction to the virus on supply chains and logistics appear to be spreading across the globe, organizations may be able to anticipate the impact on their business.
As Covid-19 continues to impact not just steel, but all commodities, production of parts and delivery logistics, companies need to be able to pivot and make adjustments to their own production and business strategies.
SANI PATIL
USN 2GI18MBA45
according to current situation covid 19 is like thrashing everything every business except perishable items. Divide 19 already makes huge negative impact on logistics and mobility system
Because of lockdown of 21 days companies are not getting permission enough inventory and fuel from pumps so they are finding very hard to move items just they are aliving their Hope's because pharma products and vegetables as well as milk products so that's what they surviving..
Akshata N
USN 2GI18MBA05
As Corona virus keeps on expanding its world wide come to , and effect is being caught up in each side of the economy.
In Indian logistics sector which are one of all growing sectors and from lastany days it may fall due to the corona virus because all the logistics activities are stopped most of the goods which were imported from China now it's a challenge ffor us to important goods from others .
Prakash N
2GI18MBA38
As corona virus (COVID-19).The virus is likely to impact productivity on a group nd individual scale. Employers may need to adjust sales or bonus targets in some situations to account for unforeseen circumstances nd consult their sales plans to determine the parameters. Handling day-to-day productivity and the performance-related issue is tied to the outbreak in the current scenario.
Workers from small and medium enterprises are the worst-hit in India. Since some of them cannot work from home or utilize the remote working facility, the companies have waived those employees nd cut down their production. This way it’s having a huge impact on the production and performance of their businesses.
Varun Patil (2GI18MBA55)
The COVID19 has created impact on functioning of logistics industry worldwide like
Cut in Air freight capacity- several air line companies have stopped their business all over the world. This directly impacts on exports and imports of the manufacturing businesses.
Disruption in exports and imports- the supply chain for various global are linked to China. If the outbreak continues for a longer time there will be shortage of labour availability and consumption of demand.
Shortage of resources- Global automakers like Volkswagen, Honda ,Toyota, are resuming their operations in the worlds largest car market China. This is will make the automakers to cut their production by 15% in the first quarter if the outbreak continues.
E-commerce- Alibaba is a e-commerce gaint in the world that is connected to many suppliers around the world. The corona outbreak declined in supplies all around the world.
Nikhil Sapare
2GI18MBA29
Indian logistics startups are faced with uncertainty over the impact of the coronavirus--they may see a temporary spike in demand as people stock up but it may be followed by a slowdown due to supply constraints.
The logistics space--broadly divided into ecommerce delivery, trucking and overseas freight transport --are all battling unique challenges and are unable to ascertain the impact of the highly contagious virus that has now spread to 150 countries and territories.
For instance, mobile phones and electronics are the largest selling categories on ecommerce portals. But in China, which is the manufacturer of most of these phones and the epicentre of the outbreak, factories have been shut for two months, making delivery startups such as Delhivery, Ecom Express and Xpressbees nervous.
Sonali sheth
2GI18MBA50
The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It is also having a growing impact on the global economy. .
international transport at the forefront of trade and dependent on travel and human interaction, the shipping industry has been impacted materially both directly and indirectly from the outbreak of COVID-19. Lower demand for commodities and raw material, and thus need for shipment, has pushed freight rates lower.
*country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
*the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. “In Kerala and Maharashtra, we are witnessing fulfillment percentage to be reduced by around 5-10%,”
Nivedita kadam
2GI18MBA32
As a population of 1.3 billion stays indoors to fight the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
The Covid-19 outbreak has made it more difficult to achieve the targets due to the challenges of land acquisition, grid unavailability, supply chain bottlenecks and a lack of project financing. Though India is self-sufficient in manufacturing wind components, projects scheduled to come online in Q2 2020 will be delayed due to a lag in engineering and construction activities. The country is currently in a 21-day lockdown and the situation is still not clear in terms of a complete recommencement of construction activities.
Amol Mutgekar
2GI18MBA07
Maintaining supply chains is crucial in responding effectively to humanitarian crises. As the corona breakout took place it has affected every sector all over the country. And majorly logistics has been affecting the most. Due to lockdown announced by the government officials and limited movement of transportation facilities has majorly affected the logistics department.
Large eccomerce websites like Amazon, Flipkart and many other have put down their services because of the lockdown as the movement of any transportation is stopped may it be cargo , airports or trucks are been stopped. And talking about pharmacy industry it has been dependent china for Supply but due to covid-19 breakout , now India has to see the alternatives or produce at their own laboratories seeing the conditions Hence logistics has been affected vastly and only emergency services are been transported in most of the states of our country.
Rashmi Potadar
2GI18MBA41
The coronavirus pandemic is threatening a logistical and transportation slowdown.
The challenge for logistics companies now is serving the maximum number of customers in a day. A route planner can be beneficial here as it helps plan well-optimized routes with accurate driving directions, while factoring in traffic conditions, weather forecasts and customers’ preferred time windows. logistics startups are faced with uncertainty over the impact of the coronavirus--they may see a temporary spike in demand as people stock up but it may be followed by a slowdown due to supply constraints.
VIJAYTA KALE
2GI18MBA57
COVID19 has its impact on logistics. the logistics firms are facing problems because of the 21 days lockdown. no supplies can be carried to any location whatsoever.
imports and exports have been affected as the borders are sealed and the resources which are currently available only those have to b used cautiously.
the freights rates have shoot up to the sky.
the rails, buses, transportation facility, everything is disabled and the logistics are in stress.
India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia
for now logistics will be facing loss.
Pooja Gouli
2G118MBA34
The COVID-19 pandemic is impacting global health product supply chains, affecting key materials and ingredients, finished health products, logistics, shipping and more. The Global Fund is constantly and closely working with suppliers and partners to assess the impact on core health product supplies and provide recommendations for implementing partners on how to manage the impact.
Country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.According to the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies.
According to KR Sekar, partner, Deloitte India, the 21-day lockdown will see logistics players’ supply chain cost going up, and their global supply chain will be severely impacted since sourcing of inputs will become more challenging now.
Neha Khemalapure
USN:2GI18MBA28
The global focus on Covid-19 has shifted the priorities for all businesses and individuals globally. While the impact of and the reaction to the virus on supply chains and logistics appear to be spreading across the globe, organizations may be able to anticipate the impact on their business by using a combined set of tools. As Covid-19 continues to impact not just steel, but all commodities, production of parts and delivery logistics, companies need to be able to pivot and make adjustments to their own production and business strategies.
The Covid-19 outbreak has made it more difficult to achieve the targets due to the challenges of land acquisition, grid unavailability, supply chain bottlenecks and a lack of project financing. Though India is self-sufficient in manufacturing wind components, projects scheduled to come online in Q2 2020 will be delayed due to a lag in engineering and construction activities.
Aishwarya Tadasad
USN 2GI18MBA02
The pandemic continues to expand. More than 175 countries and territories have reported cases of COVID-19, the disease caused by the coronavirus (SARS-CoV-2). Case growth has accelerated to more than 735,000 cases and 35,000 deaths as of March 30. Some geographies have a handful of cases, others with early community transmission have a few hundred, and those with uncontrolled, widespread transmission have tens of thousands. Governments have launched unprecedented public-health and economic responses. The situation evolves by the day.
In this note, we offer some of our latest insights, starting with five likely epidemiologic swing factors that will largely determine the contours of the pandemic in the next year. We then summarize two new articles designed to help senior executives lead through the crisis. In “Beyond coronavirus: The path to the next normal,” we outline five time frames to help leaders organize their thinking and responses. And in “Safeguarding our lives and our livelihoods: The imperative of our time,” we explain how business and society can and must take on both spheres of action, right away. These and many more are available in our collection of coronavirus thinking. We conclude with a short list of the areas in which executives should be concentrating their thought and attention.
Cut in Air freight capacity- several air line companies have stopped their business all over the world. This directly impacts on exports and imports of the manufacturing businesses.
Disruption in exports and imports- the supply chain for various global are linked to China. If the outbreak continues for a longer time there will be shortage of labour availability and consumption of demand.
Shortage of resources- Global automakers like Volkswagen, Honda ,Toyota, are resuming their operations in the worlds largest car market China. This is will make the automakers to cut their production by 15% in the first quarter if the outbreak continues.
E-commerce- Alibaba is a e-commerce gaint in the world that is connected to many suppliers around the world. The corona outbreak declined in supplies all around the world.
Kaveri yammikai
USN:2GI18MBA19
Coronavirus has posed tremendous global disruption in the end-to-end global supply chain. When we think about supply chain disruption, consider the products you use every day. Each product entails many elements before it reaches you: the raw material, the manufacturing, packaging, transportation and distribution. Each one takes a journey using ocean, rail, air and road before being made available to your store or doorstep. Imagine each of these steps having its own complex supply chain network connected globally.
Take toilet paper, for example. Demand has skyrocketed, but shelves are empty due to production capacity and lead times constraints. The raw material used to make the tissue paper you buy at the store is linked by a sophisticated network. The factory where it’s made might not have enough labor or truck drivers to get the raw material to the factory or product into warehouses, and from there onto shelves. This is what we mean when we say that the end-to-end global supply chain has been affected.
Roshan Kurdekar
USN:2GI18MBA43
The number of coronavirus cases in India rose to 29, including 16 Italians touring through Rajasthan, the government said on Wednesday. The trade impact of the coronavirus epidemic for India is estimated to be about $348 million. The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report.
China is a major supplier both for the final product as well as the raw material used in electronics industry. India’s electronics industry is fearing supply disruptions, production reduction, impact on product prices due to heavy dependence on electronics component supply-directly and indirectly-and local manufacturing. The spread of coronavirus could have pushed down the sales of top electronic companies and smart phone makers which have major supplies to India.
Utkarsha Desai
2GI18MBA53
The effect of and impact to the infection on supply chains and coordinations seem, by all accounts, to be spreading over the globe, associations might have the option to an future possibility, the effect on their business.
The imports and exports are being stopped, which is getting affected.
Chaitrali Shahapurkar
2GI18MBA09
COVID19 has its impact on logistics. the logistics firms are facing problems because of the 21 days lockdown. no supplies can be carried to any location whatsoever.
The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report.China is a major supplier both for the final product as well as the raw material used in electronics industry. India’s electronics industry is fearing supply disruptions, production reduction, impact on product prices due to heavy dependence on electronics component supply-directly and indirectly-and local manufacturing. The spread of coronavirus could have pushed down the sales of top electronic companies and smart phone makers which have major supplies to India.
A big concern
Be precise on logistics sector
Good
Manjunath kolkar
USN 2GI18MBA23
the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
*In the wake of the growing crisis, it was decided that this critical sector should be allowed to function, especially when carrying essential commodities. However, in the sixth day of the lockdown, the wheels are coming off.
Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
Vinita Kadam
2GI18MBA58
Corona outbreak was uncertain and it has heavily disrupted logistics. The lockdown has resulted in slowdown of logistics. After the lockdown the demand for cargo and shipping is going to increase. The demand for all different types of shipments is going to increase as prices for late shipments will be lowered but it will be not a good idea to extend or to late shipments so demand for train, air and ship cargos will be in demand.
Jaya Chhapru
USN:2GI18MBA15
Covid 19 outbreak is not only in India but at a global level ,Let me Talk about Businesses Not only Big Businesses, But Even The Small Business, The Business THAT were About To begin ,About to rise also have gone into losses..
So let's Talk Abput Logistics We Indians Highly import and Export Various Materials, Import- Export is Completely Stopped .
Government is allowing few ships,Transport through trucks but in an limited supply ,
What is to be noted is That Suppliers are facing lot of issues to meet thier future demand
But lockdown has to be followed to protect us against virus
So basic solutions that I would suggest are
3 days in a week we could allow truck to deliver the essentials and other required materials
3 days would be assigned to Ships
Trains have stopped so 1 day or at the most 12 hr facility would help in solving the future shortage issues pertaining to materials .
Some Countries who are slowly Recovering we can have import export with them once we see that our country is also recovering.
All this can be practiced with proper precautions both to the logistics team and the supplier and receiver
Maximum Transport has stopped but minimum can help us in meeting the future demands.
Megha Ingale
2GI18MBA24
* The Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
* A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
*In the wake of the growing crisis, it was decided that this critical sector should be allowed to function, especially when carrying essential commodities. However, in the sixth day of the lockdown, the wheels are coming off.
* Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
Excellent
Logistics sector worst affected by e commerce sector
Many logistics company supplying to super market only have now to sell to kirana stores
Monika Patil(2GI18MBA25)
The covid 19 lockdown has impacted the logistics very badly because transportations have been stoped by all the means.
For any business inbound and outbound logistics are the primary activities.
As they have limited their functions it is shaking entire business and economy as well.
The complete stoppage of transportation from air,sea and land freight has harmed the logistics to its core.
To overcome the same they should have kept some goods vehicles running wherein to transport the non perishable goods which can be transported in the high temperature by take some safety measures for the drivers.
For Ex. If the goods train can transport the goods(wheat,ragi..etc) would be helpful to the business as well as farmers which would be dynamism in the economy as well.
Suchita Koujalagi
USN 2GI18MBA51
The corona pandemic has affected every sector all over the country, majorly logistics has been affecting the most. Due to lockdown announced by the government of India and limited movement of transportation has majorly affected the logistics department.
Large e-commerce websites like Amazon, Flipkart etc have put down their services because of the lockdown as the movement of goods also can pass the virus. So transportation is stopped may it be cargo , airports or trucks everything are stopped unless it is very important like the medicines or medical equipments which country needs the most
The outbreak of corona has a impact on logistics across the globe , the shipments are been getting delayed. The trade impact of the corona virus epidemic for India is estimated to be about $348 million.The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report.
China is a major supplier both for the final product as well as the raw material used in electronics industry. India’s electronics industry is fearing supply disruptions, production reduction, impact on product prices due to heavy dependence on electronics component supply-directly and indirectly-and local manufacturing. All this is because logistics is not smooth like before.
Source
https://www.bloomberg.com
https://www.logisticsmgmt.com
https://www.mhlnews.com
https://www.mckinsey.com
https://www.agility.com
Siddeshwar M
2GI18MBA47
According to the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. “In Kerala and Maharashtra, we are witnessing fulfillment percentage to be reduced by around 5-10%,” Kacholia highlights, adding with lots of rumours around, either the ground staff is no longer active, or customers themselves are not accepting shipments, scared these might be contaminated.
Sucheta, good resources
Railway faced huge decline in the revenue due to the lockdown
International air cargo is another worst hit area
Industrial goods transporters incurred huge loss
Pradeep km
USN 2GI18MBA35
The outbreak of corona has a impact on logistics across the globe. Air, trucking and rail cargo services are at the highest risk to suffer severe disruptions, While the impact of virus on supply chains and logistics appear to be spreading across the globe, organizations may be able to anticipate the impact on their business. This has led to hugh loss that the companies are suffering from.
We need to come up with strategic which will help the logistics sector to operate to its full potential
They can look for fully automated options
Deepa Kanbargi
USN: 2GI18MBA11
The logistics space--broadly divided into ecommerce delivery, trucking and overseas freight transport --are all battling unique challenges and are unable to ascertain the impact of the highly contagious virus that has now spread to 150 countries and territories.
For instance, mobile phones and electronics are the largest selling categories on ecommerce portals. But in China, which is the manufacturer of most of these phones and the epicentre of the outbreak, factories have been shut for two months, making delivery startups such as Delhivery, Ecom Express and Xpressbees nervous.
Apoorva karva
USN-2GI18MBA08
Indian logistic sector which are one of the most growing sector from past few years it may fall due to the corona virus. Because all the logistics activities have been stopped due to covid 19. Corona is effecting so much on logistics.
Trucking and rail cargo services are at the high risk to suffer severe disruptions as well port congestion, as the Corona virus panic expands and it will continue for some more time.
Corona virus is impacting on global logistics also so much. Which will effect economy.
Pharmacuticals and solar industry also worst hit due to their imports from China
As per the pandemic is concerned whole world is suffering because of globalization most of the commodities were being exported and imported and because of pandemic situation it has stopped to such a extend that there is no space on port to dock the empty cargoes and cargo ships.
if it continues further more than following are the problems the countries will face
* Necessary commodities which we are exporting from foreign countries will stop or the cost will shoot up.
* Most of the startups which were dependent on logistic will hit at great extend
* Countries who were supplying food grains to underdeveloped countries such as Africa and many more will not recieve further
* Medical or Clinic sector will hit
* Global comodity price will increase
* International Branded product price will increase
* Around 450 Million people working in Supply chain will either loose job or the income will reduce thus poverty issue.
* Countries which depend on Tourism and Manufacturing sector will be in loss
* There will major supply chain disruption
* Nearly 75% of US business have experienced supply chain disruption
* European countries were earning more from Cruise ship liners which also will stod or less opportunity to start
* Demand for the product will increase but there will be less supply of product due to Global supply chain issues.
* Considering Domestic supply HUL is suffering a losses as the products are still stranded in the warehouses and if expires it is loss for the company as most of the state have sealed the borders.
JAYATIRTHA GUMASTE
2GI18MBA16
The Central Government has lifted the ban on movement of goods i.e. all kinds of goods, essential and non-essential, however the actual movement of non-essential goods has not yet started due to:
a) The law enforcement agency i.e. the police, are under State Government control and they have not yet implemented the Central Government orders at the ground level, possibly to ensure that movement of all goods vehicles on the road should not go against 'Social Distancing' which has been the primary objective of the 'Lock Down'.
Due to the Lock Down situation, some of the drivers have migrated back to their hometowns. Even if the State police permit movement of goods on the road, there could be shortage of drivers. This situation is likely to continue till 14th of April which could further extend until the end of this month.
Domestic transport is expected to normalize over the next few weeks.
As of today the Ports & CFSs are working with limited staff, the custom clearance activity also happening, however problem persists of the cargo reaching the CFSs/ports or being evacuated from there due to above narrated issues at the ground level.
Whilst the ports and port based CFSs are functioning, the ICDs in the hinterlands have not assumed operations yet, we hope that they will start functioning in the next few days.
We still have new cases of Corona infection emerging every day so it's unlikely that the situation may change dramatically overnight, however we expect some incremental changes as the day's progress.
Trucking:
Notification issued by the government as on 29th March, allowed non-essential items also be moved however due to lack of drivers the services are impacted but it should get resolved in 2 to 3 days
Source : https://www.bollore-logistics.com/en/Pages/news/Coronavirus_Impact_Update.aspx
(It helps to know global impact)
Yes,sir all transport systems are affected but once the situation is improved, then logistics will be in demand as all the people will order what they couldn't because of the lockdown.
VIJAYTA KALE
2GI18MBA57
As a population of 1.3 billion stays indoors to fight the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
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Hit by a virus and lockdown, the wheels are coming off the Indian logistics industry
A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown. What will it take for the sector to find its feet after being battered by Covid-19?
By Shariq Khan, ET Online | Updated: Mar 30, 2020, 12.45 PM IST
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Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their workplace on barefoot.
As a population of 1.3 billion stays indoors to fight the Covid-19 virus, India is finding it difficult to get a move on and questions are being asked about what the 21-day lockdown can do to the crucial logistics sector of the country.
A significant economic fallout of the novel virus is the resulting inefficiencies across the country’s already overburdened logistics landscape, which, according to India Brand Equity Foundation (IBEF) employs more than 40 million people and contributes $200 billion plus to the economy. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
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In the wake of the growing crisis, it was decided that this critical sector should be allowed to function, especially when carrying essential commodities. However, in the sixth day of the lockdown, the wheels are coming off.
Citing operational constraints, country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
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According to Pranshu Kacholia, VP Business, ClickPost, data between March 10 to 20 shows that compared to the average for last month, the outbreak and the subsequent lockdown across states resulted in stuck shipments increasing by 9%, order delays were up by 21%, and delivery percentage has seen a clear decline of 9%. What is interesting is that this data pertains to the period before the nationwide lockdown started on March 25, which means these numbers would be way worse.
According to the representative of the logistics platform, in Pune, there are 31 pin codes that have been blocked by most of the logistics companies. “In Kerala and Maharashtra, we are witnessing fulfillment percentage to be reduced by around 5-10%,” Kacholia highlights, adding with lots of rumours around, either the ground staff is no longer active, or customers themselves are not accepting shipments, scared these might be contaminated.
Venkatesh kamat
2GI18MBA56
Abhish kamat
2GI18MBA01
The prices of diesel and petrol are going up under the government's plan to shore up revenues in these hard pressed times. Thanks to the lockdown, footfalls across cities will go down. The sales inventory cost will go up, so all companies will have to look at newer methodologies to dispose of their inventories.
Across the country, the lockdown has resulted in labour shortages, which in turn has added to the limited availability of transportation facilities. “The delayed deliveries are likely to disrupt the businesses that operate on “just in time or limited inventory” basis
The complete lockdown of other businesses and supporting services, has also aggravated the situation. Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their workplace on foot. For those living in the margins in the informal sector, the same is very exhausting, leading to lower productivity.
Firdous Mohammed
USN 2GI18MBA12
TRAFFIC RESTRICTIONS:
As on 1st April'2020, the countrywide lockdown which began on 25th March'20 continues until 14th' April'20.
Operational impact:
The Central Government has lifted the ban on movement of goods i.e. all kinds of goods, essential and non-essential, however the actual movement of non-essential goods has not yet started due to:
a) The law enforcement agency i.e. the police, are under State Government control and they have not yet implemented the Central Government orders at the ground level, possibly to ensure that movement of all goods vehicles on the road should not go against 'Social Distancing' which has been the primary objective of the 'Lock Down'.
Due to the Lock Down situation, some of the drivers have migrated back to their hometowns. Even if the State police permit movement of goods on the road, there could be shortage of drivers. This situation is likely to continue till 14th of April which could further extend until the end of this month.
Domestic transport is expected to normalize over the next few weeks.
As of today the Ports & CFSs are working with limited staff, the custom clearance activity also happening, however problem persists of the cargo reaching the CFSs/ports or being evacuated from there due to above narrated issues at the ground level.
Whilst the ports and port based CFSs are functioning, the ICDs in the hinterlands have not assumed operations yet, we hope that they will start functioning in the next few days.
We still have new cases of Corona infection emerging every day so it's unlikely that the situation may change dramatically overnight, however we expect some incremental changes as the day's progress.
Trucking:
Notification issued by the government as on 29th March, allowed non-essential items also be moved however due to lack of drivers the services are impacted negatively.
The projects/infrastructure sector noted the sharpest dip in the month-on-month talent demand followed by petrochemicals/oil and gas, export/import/merchandising and logistics & warehousing sectors that also registered a decline in the talent demand
TimesJobs RecruiteX , a monthly recruitment index indicates that while most sectors have registered a fall, the year-on-year demand has shown a 7% growth according to its February 2020 report.
COVID-19 grips the job market with most sectors registering a drop in month-on-month talent demand, according to TimesJobs RecruiteX.
TimesJobs RecruiteX , a monthly recruitment index indicates that while most sectors have registered a fall, the year-on-year demand has shown a 7% growth according to its February 2020 report.
The projects/infrastructure sector noted the sharpest dip in the month-on-month talent demand followed by petrochemicals/oil and gas, export/import/merchandising and logistics & warehousing sectors that also registered a decline in the talent demand.
“The world, especially China, the south-east Asia region, Italy and Iran, has been dealing with the impact of Coronavirus since December 2019. Accordingly, the sectors related to foreign trade, exchange, import and travel are experiencing a slowdown, which is now reflecting in their talent demand too. In the long term, their business output and profits too would show this impact,” said Sanjay Goyal, Business Head, TimesJobs and TechGig. “For February 2020, the M-o-M talent demand is muted but the Y-o-Y talent demand was up. For now, we should wait and watch, and hope that the situation becomes better from here on."
Most high-volume sectors, including retail, FMCG, BFSI and manufacturing and engineering registered a drop-in talent demand in Feb 2020 v/s Jan 2020 comparison.
COVID-19. This is the most buzzing and booming word in the world at the moment. There’s a huge and severe impact of coronavirus or Covid-19 on domestic and international businesses across countries and sectors. The effect of the Covid-19 pandemic in human life is incalculable and it continues to grow in the world.
[4/3, 12:59 PM] kusum: Many Indian IT companies have asked their employees to work from remote locations via video conferencing and collaboration tools seamlessly. They are testing their systems before they can implement any widespread measure to allow their lakhs of employees to stay home.
Impact of COVID-19 on IT Industry
impact of covid-19 on it industry
The Coronavirus has impaired the ability to manage day-to-day service delivery for certain clients or at certain sites and result in, among other things, losses of revenue and inadvertent breaches of client contracts if a group of employees who serve the same customers was unable to work at the same time.
There are several factors that Covid-19 has made the industry disabled with its attack.
1) Dealing with Decreased Productivity and Performance
2) Fallout Disrupts Global Supply Chains
3) Facility and Office Closures
4) Cash Flow Crisis for SMEs
5) Not Ready For a Fully Remote Workforce
Good stats from majesh, Kusum
Nitin Gahlot
2GI18MBA31
Most of the comments have covered the impact of COVID 19 on logistics, but bringing in light the adaptability used by some of the businesses at present:
1) Zomato: they have updated their app in some of the cities were instead of delivering food orders, they are delivering essential items as well as per listed under the WHO list.
2) DHL have began logistics of the most necessary items to be delivered via special cargos within 24hrs service but cutting down on other cargos.
In the time of epidemic, the some of the company have evolved or altered their functions to show their support specially in the field of logistics.
Prajwal B. G.
2GI18MBA37
A highly fragmented and unorganised industry, India’s logistics sector is in disarray because of disruptions caused by the nationwide lockdown. The vast segment, considered to be the lifeline of the country, holds critical importance as it connects various markets, suppliers and customers dotted across the country.
Country’s largest ecommerce marketplaces Flipkart and Amazon have suspended their logistics services for sellers on its platform. Also, according to the Retailers Association of India (RAI), the supply chain of about 25,000-30,000 supermarkets have so far been impacted due to the lockdown announced.
The prices of diesel and petrol are going up under the government's plan to shore up revenues in these hard pressed times. Thanks to the lockdown, footfalls across cities will go down. The sales inventory cost will go up, so all companies will have to look at newer methodologies to dispose of their inventories.
Across the country, the lockdown has resulted in labour shortages, which in turn has added to the limited availability of transportation facilities. “The delayed deliveries are likely to disrupt the businesses that operate on “just in time or limited inventory” basis
The complete lockdown of other businesses and supporting services, has also aggravated the situation. Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their workplace on foot. For those living in the margins in the informal sector, the same is very exhausting, leading to lower productivity.
Vittal SB
2GI18MBA59
Ports and shipping companies operate despite difficult conditions.containers are taken care of.
Most of the shipping lines are adding surcharges such as PSS but however still operating. Space and equipment remain very tight. All services are fully booked in March and already filling up in April. Equipment will start getting scarce, especially for inland pickups. Yet, some shipping lines announced improvement with regards to the availability of reefers containers
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