National Logistics Policy – The Way Forward
The measure of excellent logistics service is the ability to deliver the correct goods at the right places and times.
Recently, India announced the National Logistics Policy to make Indian Logistics Services
at par with global standards in terms of cost competitiveness, quality, and seamlessness of service.
Logistics cost in India is approximately 13-14 % of the total cost of products, almost double that of international standards. In 2018, India was 44th in the World Bank Logistics Performance Index, a measure through which the Bank ranks countries based on their logistics performance.
The National Logistics Policy is a big step in developing a detailed plan with two primary goals for the entire logistics environment. The first is to lower our country's logistics costs by 5% of GDP by 2027. The next objective is to bring India to the top 25 positions in the Logistics Performance Index. A detailed multi-institutional framework and a cohesive policy ecosystem also aim to increase the logistics sector's competitiveness. It will have a massive impact on Indian Exports if implemented seamlessly.
Sarvam Logistics is looking at adopting all the best practices of the NLP to ensure the seamless movement of goods for our clients.
The Unified Logistics Interface Platform, Ease of Logistics, System Improvement Group, and Integration of Digital System are the four main components of the new logistics policy. The IDS integrates 30 different logistics systems from 7 agencies, including information from road transportation, railroads, customs, aviation, and commerce departments.
The unified Logistics Interface Platform will unite all the digital services related to the transportation sector into one interface. Additionally, a new digital platform called Ease of Logistics Services has been launched to let industry associations communicate with the government to find solutions to problems.
Other Key Points to be noted:
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- The IDS combines data from 30 systems across seven departments, including road, rail, customs, aviation, and business data.
- With the help of the Unified Logistics Interface Platform, It will improve clients' visibility, and logistics companies will be able to digitize on a much bigger scale.
- The policy will encourage investment in the whole logistics industry
- According to the stakeholders, for the policy to be successful, it must be aligned throughout all States.
- The industry department is creating ELOG, a computerized dashboard for registering, organizing, and keeping track of time-bound issue resolution. It will include timelines and the progress of the solution.
- Ease of Logistics Services (E-Logs), a new digital portal, has also been introduced to assist industry associations in resolving concerns by contacting the government.
- They will establish two groups under NLP to enhance collaboration between state and federal governments and ministries. These are the Service Improvement Group (SIG) and the Network Planning Group (NPG) (SIG)
At Sarvam Logistics, a leading service provider in South India, we always strive to be at the forefront of technology to deliver the best logistics services. Please make us your logistics partner. We will provide the right things at the right place and time.