ChemConnect 2023: Session on optimization of transportation costs and operational efficiency
Supply Chain

ChemConnect 2023: Session on optimization of transportation costs and operational efficiency

Speakers for the Session are: Prakash Wagh, Manager – Regulatory Compliance, India, Clariant India; Pratyush S. Kadam, Head – Procurement & Logistics, Evonik India; Dinesh Patel, DGM - Transportation Safety and Gas SCM, Reliance Industries; (APR) Abhishek Prakash Rao, President, RSA Global, India; Koshal Bisen, Head - Growth Office, Indofil Industries; Kartik Santhanam, VP - Procurement, Tagros Chemicals India; Dr. Rakesh Paras Singh, Chairman, Institute of Supply Chain Management; and Tharun Loganathan, General Manager – SCM, Aquapharm Chemicals

  • By ICN Bureau | October 10, 2023

Speakers for the Session are: Prakash Wagh, Manager – Regulatory Compliance, India, Clariant India Ltd.; Pratyush S. Kadam, Head – Procurement & Logistics, Evonik India Pvt. Ltd.; Dinesh Patel, DGM - Transportation Safety and Gas SCM, Reliance Industries Ltd.; (APR) Mr. Abhishek Prakash Rao, President, RSA Global, India; Koshal Bisen, Head - Growth Office, Indofil Industries Ltd.; Kartik Santhanam, VP - Procurement, Tagros Chemicals India Pvt. Ltd.; Dr. Rakesh Paras Singh, Chairman, Institute of Supply Chain Management; and Tharun Loganathan, General Manager – SCM, Aquapharm Chemicals Pvt. Ltd.

Indian Chemical News (ICN), the most credible online media platform for the Chemicals, Petrochemicals, and Energy sector, is organizing ChemConnect 2023, a Conference on Chemicals and Petrochemicals Logistics and Supply Chain on October 13, 2023 at the Novotel Mumbai International Airport, Mumbai.

The main theme of ChemConnect 2023 is "Transforming To A New Better."

One can register as delegate for ChemConnect 2023 by clicking on the link (https://www.indianchemicalnews.com/chem-connect-2023/register.php)

Speakers for the Session on Optimization of transportation costs and operational efficiency in chemical logistics are: Prakash Wagh, Manager – Regulatory Compliance, India, Clariant India Ltd.; Pratyush S. Kadam, Head – Procurement & Logistics, Evonik India Pvt. Ltd.; Dinesh Patel, DGM - Transportation Safety and Gas SCM, Reliance Industries Ltd.; (APR) Mr. Abhishek Prakash Rao, President, RSA Global, India; Koshal Bisen, Head - Growth Office, Indofil Industries Ltd.; Kartik Santhanam, VP - Procurement, Tagros Chemicals India Pvt. Ltd.; Dr. Rakesh Paras Singh, Chairman, Institute of Supply Chain Management; and Tharun Loganathan, General Manager – SCM, Aquapharm Chemicals Pvt. Ltd. The session is moderated by Pravin Prashant, Executive Editor, Indian Chemical News.    

The optimization of transportation cost and operational efficiency is essential for chemical logistics companies to remain competitive and meet customer demands while reducing their environmental impact. Measures such as route planning and optimization, load optimization, investment in technology, collaboration and partnerships and sustainable transportation modes are necessary for optimizing cost and operational efficiency.

The use of logistics software and information systems can improve the optimization of transportation routes, leading to more efficient vehicle routing, better capacity utilization, and lower fuel consumption. Also, the proper utilization of truck or vessel capacity can help reduce transportation costs. Moreover, collaborating with other companies and sharing transportation resources can help reduce costs by optimizing routes and maximizing vehicle and vessel utilization.

Technological advancements such as real-time cargo tracking, GPS technology, and electronic data interchange (EDI) can significantly improve operational efficiency. And, using more sustainable transportation modes such as rail or sea instead of road can significantly reduce transportation costs while cutting down on emissions.

By adopting these measures, logistics providers in the chemical industry can increase operational efficiency while reducing transportation costs. Additionally, optimizing transportation methods can also reduce environmental impacts which can lead to cost savings and improvement.

Topics to be covered in the session include: Route analysis and smart planning; Consolidation of shipments and load optimization; Investment in technology; Use of sustainable transportation modes; Decentralized warehousing services; Collaboration, partnerships and shared transportation resources; Tracking and data analysis; Automatic container loading system; and automation of administrative processes.

The event is supported by Platinum Partner - Netradyne; Gold Partners - Zodiac, J M Baxi and Somaiya Vidyavihar University and Associate Partner - Moglix.

Indian Chemical News is an important online resource for news, views, analysis, trends, technology updates and interviews with prominent leaders in the Chemicals, Petrochemicals, and Energy sector. Our aim is to provide independent, authoritative, and interactive Chemicals, Petrochemicals, and Energy information, enabling our readers to make better-informed business and planning decisions. Our mission is to be India's most credible information portal for the Chemicals, Petrochemicals, and Energy industries.

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