Newsletter of the Transworld Group Issue 34, May 2019
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Newsletter of the Transworld Group Issue 34, May 2019 03 BSL Freight Solutions Pvt. Ltd gets renamed as Transworld Integrated Logistek Pvt. Ltd 07 Transworld Group gets bestowed Great Place to Work 2019 12 Transworld Group conducts global campaign on stem cell awareness and donor registration 04 Transworld Feeders & Shreyas Shipping and Logistics organize joint agency conference 2019 07 Transworld Group receives Mahindra Transport Excellence Award 2019 10 Transworld Group celebrates Harmony 2019 in UAE www.transworld.com EDITORIAL Editorial Dear Readers, Transworld Logistics DWC LLC and Transworld Integrated The new ERP system involves the utilization of a new Logistek Pvt. Limited – new next generation Global computer platform that offers substantial business advantages Forwarding and Logistics companies within Transworld including: Group family have born. With the primary focus on • The ability to provide better services to our customers providing integrated and innovative global logistics through an improved process for picking more accurate solutions for all the customers around the world, orderszz Transworld Group has continued to be committed in • Minimizing operational errors the transformation of becoming a technology driven • Ensuring traceability and safety measures for the movement logistics solution provider. The Group is fully geared up of product right down to the pallet and case level to reaffirm the dedication with the new global identity and • Shipment tracking and tracing commenced trading globally, under a common brand • Customer Stickiness name Transworld Logistics, across the regions with the motto of ‘One Transworld, One Team, One Goal, Transworld Group’s comprehensive and technology driven Delivering Prosperity Across The Globe’ approach that creates a more productive and adaptive workforce, uses digital technology to reinvent the employee As per the recent research studies, in an era of experience and redesigns organization to be more agile. consumerism, digital and data disruption, service providers are examining their business and In the beginning of the year, Mr. Ramesh S. Ramakrishnan, operating models to find a solution that will enable a Chairman of Transworld Group gave visionary outlines of step change in performance. Superior decision making, Transworld Group’s strategic plans for the future, specifying business outcomes and customer experiences are the business verticals we would focus. “The One Transworld being achieved by clients prepared to reinvent business strategy also laid down the road-map and the key foundation processes with intelligent and innovative operations pillars to make it happens and continuously paid focus on that harness talent, data, and intelligence to deliver robust people process, product and market penetration, the right information where and when it’s needed. with tenacity to change and capitalise on market disruptions. In the ever changing and challenging scenario, it becomes important to consistently focus on the When we look into the future, we see disruptions, we activities that are driving value and competitive see collisions, we see transformations, but most of all advantage. we see opportunities. With the commencement of new financial year 2019 -20, Congratulations Team Transworld, for all your dedication Transworld Group also rolled out the implementation and hard work. Let us continue to commit ourselves for schedule of its prestigious project ‘Transformation In our vision and values which would lead us further to scale Motion’ with the enhancements that have been new milestones. undergoing over the past few months. This new development involves the implementation of an Best Regards, industry-leading Enterprise Resource Planning (ERP) system for Warehousing Management for B. Mannan warehousing business, Oracle Transportation Management for transportation business and Oracle Fusion Financials for finance & accounting to transform Editorial Team: the business operations, allowing the business units to Ritesh S. Ramakrishnan, B. Mannan, K. B. Balmurali, achieve operational excellence, improve productivity while Manisha Mishra, Amit Powar, Shipra Saxena. exceeding the customers’ expectations. All your valuable suggestions and contributions for Transview to be sent to: [email protected] 2 Newsletter of Transworld Group NEWS Transworld announces the launch of Transworld Logistics DWC LLC To provide seamless global solutions, establishing a unified identity and shared growth strategy as a Group, Transworld Group announced the launch of Transworld Logistics DWC LLC, the holding company for all logistics businesses within the organization. The new entity brings synergy to the capabilities by establishing a global network that links the Group’s global logistics companies and professionals to deliver world-wide reach to its customers. Powered by advanced technology and a single ERP system, it ensures seamless integrated technology-driven logistics solutions that establish itself as a global brand. BSL Freight Solutions Pvt. Ltd gets renamed as Transworld Integrated Logistek Pvt. Ltd This year marks the beginning of a renewed vision to create a unified identity for companies under the Transworld Group.As part of this concentrated focus, BSL Freight Solutions Pvt. Ltd has been renamed as Transworld Integrated Logistek Pvt. Ltd. The new name reinforces the connection with the group and further reaffirms dedication for delivering, integrated logistics solutions powered by advanced technology. It also marks an important milestone, in Transworld Group’s constant endeavor to provide innovative and dependable global logistics to our customers across the globe. 3 Newsletter of Transworld Group NEWS Transworld Group hosts Joint Agency Conference 2019 Government Delegation for Transworld Feeders & from Brunei Shreyas Shipping & Logistics Ltd Transworld Group hosted a Government Delegation A joint agency conference 2019 of Transworld Feeders from Brunei on 10th April 2019. The members of the and Shreyas Shipping and Logistics Ltd. was organized delegation included Yang Berhormat Dato Seri Setia on 6th – 7th March 2019 at Mumbai. The session Dr Awang Haji Mohd Amin Liew bin Abdullah, Minister was led by Mr. Ramesh S. Ramakrishnan, Chairman, at the Prime Minister’s Office and Minister of Finance and Transworld Group and Mr. Ritesh S. Ramakrishnan, Economy II; Mr. Harris Ibrahim - Head, FDI Action and Joint Managing Director, Transworld Group. There were Support Centre (FAST), Ministry of Finance and Economy representations from Nhavaseva & Mundra, Saudi Arabia, (MOFE); Mr.Haji Yussof Hussin, Senior Manager, FAST, Singapore, Kolkata/Haldia, Bharain, Oman, Sri Lanka, MOFE; Mr. Arifubillah Masli – Officer - FDI Action and Chennai, Cochin, Tuticorin and Hazira. In these two Support Centre (FAST), Ministry of Finance and Economy days, participants deliberated on cash flow generation, (MOFE). Mr. Ramesh S. Ramakrishnan, Chairman, Transworld leveraging technology, team building, revenue growth Group and Mr Ritesh S. Ramakrishnan, Joint Managing and cost optimization. Director, Transworld Group received the delegation along with senior members of the group and various growth plans were discussed. Transworld Shipping Agencies Transworld Integrated Logistek Pvt. Ltd starts operations in Pvt. Ltd organizes Strategy Paradip, Odisha Workshop at Alibagh The first dry bulk vessel under full Charterers agency, Strategy and Knowledge sharing workshop at Alibag was MV.HANTON TRADER handled at Paradip CB-I berth for organized for the staff members of Transworld Integrated loading Iron ore Pellets a/c Brahmani River Pellets Ltd for Logistek Pvt. Ltd on 4th – 5th April 2019. The two-day discharging at China through the vessel operated event was designed to focus on learning and to reinforce by WESTERNBULK . This is the first vessel handled at participants into a formidable winning team! Paradip Port under Transworld agency i.e. M/s. Transworld The deliberations focused on overall strategy for Shipping Agencies Pvt. Ltd. The Transworld team aims to Transworld Integrated, sales strategy, coastal business, handle more vessels / agency activities in future. domestic transportation and many team building activities. 4 Newsletter of Transworld Group NEWS Digital initiatives will drive not just Mr. Ritesh S. Ramakrishnan, our services but all the innovative Joint Managing Director, solutions that every customer requires in tomorrow’s Transworld Group gets featured business environment. in Daily Shipping Times What can your customer expect through this change? Mr. Ritesh S. Ramakrishnan, Joint Managing Director, Our Customers will now see us as Transworld Group was interviewed by Daily Shipping Times One Brand, One Commitment, One sharing his views on moving the business to cloud and Experience and ONE TRANSWORLD adapting to emerging technologies like Artificial Intelligence everywhere. (AI), Machine Learning and Internet of things (IoT) to deliver the world-class logistics solutions in a holistic, efficient and What are your Global expansion plans? consistently reliable manner. We have plans to expand our foot print globally. Our current Global Forwarding network covers 9 Countries with 25 Excerpts from his interview from Daily Shipping Times offices. We are looking at some very key countries in Africa, are below: Asia besides expanding our existing USA offices. With this we aim to cater to the needs of Global and MNC customers How will Technology and Digitization drive the overall in all Geographies.