Transport Corporation of India wins CII Award for “SUPPLY CHAIN EXCELLENCE IN KNOWLEDGE SERVICES”

TCI wins CII Award for “SUPPLY CHAIN EXCELLENCE IN KNOWLEDGE SERVICES”

Mumbai, September 24, 2007: Transport Corporation of India Ltd., Asia’s leading integrated supply chain and logistics solutions provider has bagged the prestigious CII Award for Supply Chain Excellence for Excellence in Supply Chain Design, Re-engineering & Delivering value to customers. Amongst a host of contenders, TCI emerged as the winner for Supply Chain Reengineering for one of its key customers that delivered value and competitive edge. This award has been instituted by CII in association with India Value Fund for the first time to recognise logistics companies displaying remarkable innovations in Supply Chain Management. The award was presented by the Union Minister of State for Industries, Mr. Ashwani Kumar.

The winners were selected on the basis of a white paper followed by a closed door presentation before the jury of some of the most well known names in the logistics industry such as Professor G. Raghuram, a professor at the Indian Institute of Management, Ahmedabad, Professor Janat Shah of the Indian Institute of Management, Bangalore, Professor T. T. Narendran of the Indian Institute of Technology, Madras and Mr. N. Kumar, Chairman, CII-National Council on Logistics & former President of CII and consulting agencies as Ernst & Young.

Speaking on the occasion Mr. Vineet Agarwal, Executive Director, TCI said, “We are very happy to have received this award and it would be our continuous endeavour to provide better quality, design, innovation, choice, convenience and service with the least amount of risk to our customers spread across all industry verticals such as auto, pharma, manufacturing, retail & agri business etc.”

“Supply chain management has evolved over the years and has now become a strategic and value added function in all business verticals. These awards are a step towards recognizing the industry benchmarks and so would encourage organisations across the sector to follow the best standards, thereby proceeding towards the next level of service delivery. It would also recognise and highlight the fact that logistics & supply chain solutions is the backbone to all industries and so a macro economic growth driver.” he further added.

About Group TCI: Group TCI, with revenues of over Rs.1200 crores, is India’s largest integrated supply chain and logistics solutions provider .TCI group has an extensive network of over 1100 Company owned offices, with expertise developed over 5 decades and a team of 6000 trained employees With its customer-centric approach, world class resources, State-of-Art technology and professional management, the group follows strong corporate governance and is committed to value creation for its stakeholders and social responsibilities. TCI was the first to launch several solutions in the logistics field. Its product offering includes:

Transport Division: The Transport division provides FTL (Full Truck Load), LTL (Less Than Truck Load), FCL (Full Container Load), Rail & ODC (Over Dimensional Cargo) services with its mammoth fleet and unmatched network of offices. The recent MoU with CONCOR will generate additional revenues while establishing synergy amongst two giants i.e TCI & Concor.

XPS: A leading express logistics service provider offering door-to-door Surface & Air cargo and Courier services.XPS Global: Provides International Freight Forwarding and Customs Clearance.

TCI Supply Chain Solutions: The focused division of Group TCI provides single-window customized logistics and supply chain solutions to its many customers across several industry segments. Its range of services includes milk run and JIT deliveries to the consumer durables and automobile industries and warehousing, outbound transportation & distribution to the retail, two-wheeler, FMCG and the tractor industry. The division has concluded many contracts across several industries to provide its services most of which have been rolled-out and commenced operations.

Transystem Logistics International Ltd.: Provides automotive logistics solutions to Toyota Kirloskar Motors Limited and is a TCI – Mitsui & Co. (Japan) Joint Venture.

TCI Foundation: As the group’s social arm, Fulfils corporate social responsibility and runs charitable hospitals and schools for the under-privileged in the rural areas. It is also the beneficiary of the Bill & Melinda Gates Foundation for AIDS interventions and education among the vulnerable trucking community.

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