Disqus
Global logistics major United Parcel Services (UPS) means business in India. It is trying to muscle its way into the logistics contract of Nokia’s Indian manufacturing facility at Sriperumbudur near Chennai.
Estimates show that the contract — said to be the largest in the country — is worth Rs 240 crore on an yearly basis. Currently, the supply chain solution of this facility is managed by DHL, Blue Dart, Gati and Panalpina, a Swiss company. Given that each of these companies is making a neat sum on this contract, the entry of UPS is a heartburn.
The opportunity is huge, considering that Nokia has produced almost 20 million handsets in just 11 months after starting production at Chennai in January this year. Experts estimate that the value of the logistics contract for Nokia phones could be around Rs 240 crore, worked out on the basis of new subscriber addition of 6.7 million a month and Nokia holding a major market share in the segment.
Moreover, Nokia will soon start manufacturing telecom equipment at the Chennai plant. “We are currently handling the entire vendor managed inventory (VMI) for Nokia at the Nokia Hi Hub at Sriperumbudur, but would like to extend this relationship and be able to offer a complete range of supply chain solutions,†said a top UPS official.
Source: The Economic Times
I’m a FedEx man myself, don’t really like UPS since they have a habit of leaving a package on your doorstep weather it requires a signature or not. At least in my experience. The FedEx man also greets me more politely, and by first name too.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
