• The Drivers and the Driven - Combining in a Synergistic Partnership
  • Engaging Multiple Modes of Transport
  • An Intelligent Strategy - Well-Executed - Always Pays Off
  • Interconnectedness of Risk and Reward
  • Speed - The Essential Component in Time to Value
  • PLAN: An Intelligent Strategy + Precision Execution = ROI
  • MAKE

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Levi Strauss seeks nod for direct retail

NEW DELHI: Levi Strauss & Co, the maker of the popular Levi’s denim jeans, has sought the government’s permission for converting its existing local wholesale entities into retail, joining a list of foreign brands that are seeking to gain from policy liberalization in Asia’s No. 3 economy.

The US-headquartered company had, on April 11, filed an application with the Department of Industrial Policy & Promotion (DIPP), the nodal agency for foreign direct investment in India, seeking to gain from policy liberalisation in Asia’s No. 3 economy.

The US-headquartered company had, on April 11, filed an application with the Department of Industrial Policy & Promotion (DIPP), the nodal agency for foreign direct investment in India, seeking approval for its existing wholesale entities to engage in direct retailing and eCommerce, according the agency’s website.Several apparel and casual wear brands such as Pepe Jeans, Adidas and Puma have already applied for similar permissions. While Pepe is looking at setting up large format, company owned stores, Puma plans to operate its own eCommerce portal.

Levi Strauss & Co did not immediately respond to ET’s emailed query on the matter.Although Indian regulations allowed single-brand retailers to set up their own stores, such companies had to set up wholesale subsidiaries to supply to their chain of franchisees.

That made things cumbersome as companies had to set up separate entities for retail and wholesale, with different warehousing, inventory and accounting.

In November 2015, for the first time the government relaxed the rules for FDI in retail, permitting manufacturers to sell their products through wholesale, retail and eCommerce channel as well. “It has been decided that a manufacturer will be permitted to sell its product through wholesale and/or retail, including through e-commerce without government approval,” the DIPP said at the time.

According to retailers, the policy change will help streamline business operations by bringing efficiency in supply chain, inventory management, sourcing and generating employment in retail industry.

Article Source: : SC Wholesale


BT transforms Panalpina’s global communications infrastructure

BT has announced a contract with Panalpina, one of the world’s leading freight forwarding and logistics companies, to transform and manage its global communications infrastructure.

The transformation will enable Panalpina’s 15,000 employees to communicate more effectively and collaborate internally and with their customers. This supports the company’s vision to work closer with its clients to build smart and efficient end-to-end logistics solutions.

BT will overhaul Panalpina’s network infrastructure, currently sourced from more than a dozen domestic and regional providers, and migrate it into a single integrated platform, connecting 500 offices in more than 75 countries. BT will also provide services from its BT One Voice portfolio, to converge voice and data on a single platform.

Panalpina acquires its long-time Egyptian agent Afifi

“This agreement with BT is a major milestone on our way to becoming the most customer focused global provider of freight forwarding and logistics solutions,” said Ralf Morawietz, Chief Information Officer at Panalpina. “As our single point of contact for communication services, BT will take away the burden of managing a multitude of different suppliers, and will make it easier for us to implement new services and to support our employees and customers around the globe.”

Corrado Sciolla, President Europe & Global Telecom Markets at BT Global Services, said: “In the new digital world, customers and employees are becoming more demanding, ecosystems are evolving and the established rules are changing. We are very proud that a global leader such as Panalpina has chosen BT to manage their communication services in this changing environment.

BT calls for greener supply chain

“We will build on our long-standing expertise in serving the needs of the logistics sector to make sure that Panalpina’s employees and customers around the world can collaborate better and more easily. The intelligent features of our network services will also help Panalpina improve the performance of its business-critical applications and constantly adapt the whole communications infrastructure to its rapidly evolving digital needs.”

Article Source: : SC Management


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