Aitc Business Presentation


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Aitc Business Presentation

  2. 2. <ul><li>We act as sourcing partners for various </li></ul><ul><li>esteemed organizations, viz.: </li></ul><ul><li>RJV Clothing, UK (for Marks & Spencer Outlets, UK) </li></ul><ul><li>Ceylinco Consolidated, Sri Lanka (A Conglomerate) </li></ul><ul><li>Indian Oiltanking Co., Oman (Leader in Development Projects) </li></ul><ul><li>Other companies based in China, East Africa, Israel, Iran and Malaysia (Trading Houses) </li></ul>
  3. 3. <ul><li>SCOPE OF BUSINESS </li></ul><ul><li>EXPORTS FROM INDIA </li></ul><ul><li>IMPORTS INTO INDIA </li></ul><ul><li>TRADING WITHIN INDIA </li></ul><ul><li>INDENTING BUSINESS </li></ul><ul><li>CUSTOMISED SOLUTIONS </li></ul><ul><ul><li>CARREFOUR </li></ul></ul><ul><ul><li>EQUANT, USA </li></ul></ul><ul><ul><li>CONSOLIDATION – EXPORT PLATFORM </li></ul></ul>
  4. 4. <ul><li>Towels and bed linens to SRI LANKA </li></ul>EXPORTS FROM INDIA
  5. 5. <ul><li>Steel ERW & Galvanized Pipes & other project cargo to MUSCAT </li></ul>EXPORTS FROM INDIA
  6. 6. <ul><li>Hotel Furniture from CHINA </li></ul><ul><li>For 2 hotel projects in Jaipur & Mt. Abu </li></ul>IMPORTS INTO INDIA
  7. 7. <ul><li>Food Products from CHINA </li></ul><ul><li>For Hotel Grand Hyatt, Mumbai </li></ul>IMPORTS INTO INDIA
  8. 8. <ul><li>Sourcing for a HOTEL project in Rajasthan </li></ul><ul><li>(Elevators, Electronics, Consumables, Mattresses, etc.) </li></ul>TRADING WITHIN INDIA
  9. 9. <ul><li>Garments: M&S Stock Lots from India/Bangladesh to SRI LANKA </li></ul>INDENTING BUSINESS
  10. 10. <ul><li>Paper Products from India to ISRAEL </li></ul>INDENTING BUSINESS
  11. 11. <ul><li>We handled complete trade logistics for Carrefour, world’s 2 nd largest Retail Outlet Chain – </li></ul><ul><li>Our role – </li></ul><ul><li>Provided common Export Platform for Carrefour and its vendors in India </li></ul><ul><li>Letter of Credit (LC) was opened by Carrefour in our favor </li></ul><ul><li>We effected payments to Carrefour’s vendors </li></ul><ul><li>we are well equipped with all Licenses required for EXIM activities in India </li></ul><ul><li>The project involved following activities in sequence – </li></ul><ul><li>Ensuring receipt of supplies on schedule from vendors across India </li></ul><ul><li>Receipt of cargo at our consolidation facility at Gujrat </li></ul><ul><li>Re-packing in customised imported display cartons, as per Carrefour’s specifications </li></ul><ul><li>Palletization of display cartons </li></ul><ul><li>Bar-code labelling & stickering </li></ul><ul><li>Stuffing in containers </li></ul><ul><li>Customs clearance, documentation, certifications & fulfilling Quota requirements </li></ul><ul><li>Co-ordination with shipping line for vessel and sailing </li></ul><ul><li>Receipt of payments from Carrefour & payment to vendors </li></ul>
  12. 13. EQUANT, USA Orange (US) Orange (IN) IDEAL PROCEDURES FOLLOWED BY EQUANT / ORANGE BUSINESS SERVICES FOR EXPORTS TO INDIA ASAP (US - LSP) PLG (IN) Various banking customers in India <ul><li>Problems faced by OBS: </li></ul><ul><li>Orange (IN) had to give Special Valuation Bond (SV bond) to the </li></ul><ul><li>customs for 100% of the import duties </li></ul><ul><li>Orange (IN) had to give Revenue deposit of 5% of the duties </li></ul><ul><li>Delay in giving the bond/deposit resulted into delay in customs clearance </li></ul><ul><li>incurring demurrage </li></ul><ul><li>Delay in delivering the goods to the end users </li></ul>By AIR
  13. 14. EQUANT, USA Orange (US) AITC END TO END SOLUTIONS SUGGESTED BY US ASAP (US - LSP) PLG (IN) Various banking customers in India <ul><li>What do we do? </li></ul><ul><li>AITC facilitates TRADE LOGISTICS </li></ul><ul><li>AITC becomes the actual importer on records for such consignments </li></ul><ul><li>On record, AITC gets the cargo customs cleared and pays the import duties, </li></ul><ul><li>customs clearance and other handling charges on behalf of Orange and get the </li></ul><ul><li>reimbursement of all the costs from ASAP (US) </li></ul><ul><li>AITC charges agency fees per shipment basis. </li></ul><ul><li>Benefits to OBS (US): </li></ul><ul><li>No need to give SVB / RD to the Indian Customs </li></ul><ul><li>Timely delivery to the end users directly. </li></ul>By AIR
  14. 15. <ul><li>Transaction flows look in a traditional Supplier / Store direct transaction basis </li></ul><ul><li>Complications in handling and no control of buyer </li></ul><ul><li>Handling too much documentations. </li></ul>Export Consolidation Ordering & Shipping Conventional Method - Direct Purchase BUYER Supplier 4 Supplier ... ABC Co. Supplier N Supplier 1 Supplier 2 Supplier 3 Supplier 7 Supplier 5 Supplier 6 SUPPLIERS
  15. 16. ABC Co. Ordering & Shipping BUYER Export Platform Suppliers Consolidation hub in India Supplier 1 Supplier 2 Supplier 3 Supplier 4 Supplier n Involvement of Export platform in India Export Consolidation
  16. 17. Export Consolidation Consolidation Hub Export Platform Vendor Vendor Vendor Deliveries sequenced on FCA terms as per supply schedules AITC $ $ One Consolidated Invoice & Packing List for each shipment Buyer remit funds to AITC for shipment value as per agreed terms Shipment Buyer Platform Pays to the Vendors Global PO placement Buyer to AITC and Copy to ProLog Multi supplier consolidation The Export Platform positions itself as “the LSP & the Trade agent” Vendor Vendor PROLOGISTICS Multi User Facility Issue purchase orders – AITC to vendors WITH TRADE LOGISTICS SUPPORT
  17. 18. Export Consolidation Conventional Model Export Platform Vendors Multiple shipments Product customization Higher Cost to Stores INDIA Overseas Vendors Delivery to One Local platform Multi supplier shipment 1 invoice / 1 Payment Lower Cost to destination Product customization INDIA Overseas Complex order Management High Cost Low Cost Low Cost High Cost Business Models Conventional versus Export Platform
  18. 19. Export Consolidation Vendor Management System based Customer Service Storage Inventory mngt <ul><li>Cargo Receipt </li></ul><ul><li>Counting </li></ul><ul><li>Quantitative </li></ul><ul><li>control </li></ul><ul><li>Tallying </li></ul><ul><li>Reporting </li></ul><ul><li>Re-ordering </li></ul><ul><li>Storage </li></ul><ul><li>MIS </li></ul><ul><li>Consolidation </li></ul>Logistics Management <ul><li>Sorting </li></ul><ul><li>Labeling </li></ul><ul><li>Tagging </li></ul><ul><li>Repacking </li></ul><ul><li>Bar coding </li></ul><ul><li>QC </li></ul><ul><li>Order </li></ul><ul><li>customization </li></ul>Product Customization Labor Intensive work <ul><li>Web enable </li></ul><ul><li>ordering </li></ul><ul><li>function </li></ul><ul><li>MAXPACK </li></ul><ul><li>Web support </li></ul><ul><li>real time/ </li></ul><ul><li>update </li></ul>Order Processing Management of information <ul><li>One export </li></ul><ul><li>invoice, 1 C/O </li></ul><ul><li>Customs </li></ul><ul><li>Clearance </li></ul><ul><li>Bank </li></ul><ul><li>negotiation </li></ul><ul><li>Payment </li></ul><ul><li>to vendors </li></ul>Trading Functions Trading License <ul><li>TC booking </li></ul><ul><li>TC Loading </li></ul><ul><li>Container </li></ul><ul><li>optimization </li></ul><ul><li>Shipping docs </li></ul><ul><li>issuance </li></ul>Shipping Management IT supported documentation Core Functions Base Support V1 V2 Vn V3 Vendors Process Description Core Functions
  19. 20. Production Delivery Product Customization Multi-supplier Documentation management Customs Clearance FOB Load Port Platform Products customization Trading transaction Vendor Export Consolidation <ul><li>- QC </li></ul><ul><li>Repacking </li></ul><ul><li>Labeling / Tagging </li></ul><ul><li>Sorting </li></ul><ul><li>Consolidation </li></ul>Physical Customization <ul><li>Export documentation </li></ul><ul><li>1 invoice </li></ul><ul><li>1 P/L </li></ul><ul><li>1 C/O </li></ul>Documentation Customization Process timeline T asks that have moved under buyer’s control
  20. 21. <ul><li>THANK YOU FOR YOUR TIME </li></ul>