Recognized in “Best Agri Warehouse’ Category for Bringing in the Best Practices in Warehousing into India
Mumbai, 21st March, 2018: Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider with operations across India & Myanmar, has won the SCMPro Warehouse Awards 2018 in the ‘Best Agri Warehouse’ category for bringing in the best practices in warehousing into India. Mr. Ankur Jaipuria, Chief Business Officer and Ms. Neeta Israni, Assistant Manager - Corp. Comm. at SLCM received the award from Mr. Vijay Wadhwani, AVP Supply Chain Management, Relaxo Footwears Limited at the SCMPro Warehousing Summit on 17th March 2018 at The Hotel Orchid, Mumbai.
SLCM is an ISO certified global post-harvest agri-logistics group providing one-stop integrated solutions with a diversified portfolio of services ranging from Warehouse Management, Agriculture Financing and Collateral Management to Procurement. The group currently manages 2295 warehouses and 19 cold storages across India using a proprietary scientific storage management system ‘AGRI REACH’. The efficacy of ‘AGRI REACH’has been attested in a study conducted by industry body FICCI which found that storage losses can be reduced from 10percent to a minimal 0.5 percent using AGRI REACH.
Speaking about the Award, SLCM Group CEO, Sandeep Sabharwal said, "We are honored to receive this award as testament to the tireless commitment of the SLCM team to develop and provide a scientific and technologically robust, system oriented warehousing solutions that ensures minimal to negligible losses. Our tie-ups with leading international and national financial institutions enable us to render a truly innovative and one-stop solution to our clients -- and it's exciting to see our work recognized as leading the way for supply chain professionals in India. We remain committed to spearheading innovation in the warehousing as part of our endeavor to improve industry standards.”
SCMPro Warehouse Awards is neutral third-party recognition for corporates in the warehousing and supply chain domain in India. The award recognizes the real achievements of the sector by honoring commitment to excellence, customer orientation, technology back up, HR practices and business excellence. It also aims to inspire a comprehensive exchange of ideas and best practices to create supply chains that deliver true strategic advantage.
The Supply Chain Management Professional (SCMPro) is a thought leadership magazine for the supply chain professional from the Institute of Supply Chain Management, India’s premier supply chain education, research, and consulting firm.
About SLCM Group
SohanLal Commodity Management Pvt. Ltd. (SLCM) is an ISO 9001:2015, ISO 22000:2005, ISO 33000, ISO 14001:2015 & OHSAS 18001:2007 certified Agri-Logistics Group. SLCM is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling about 757 agriculture commodities including Rice, Wheat, Maize, Mustard, Pulses, Cotton, Barley, Bajra, Castor Seeds, Spices, etc. across India. As on 28th February 2018, SLCM manages a technology enabled network of more than 2295 warehouses and 19 cold storages pan India spread over 40.71 Mn sq. ft. area and a throughput of more than 632.93 Million MT. The Group has also applied for patenting this scientific technology of storage under the aegis of "AGRI REACH".
The Group also has a wholly owned NBFC in India christened as "Kissandhan" which has changed the paradigm of collateral financing by financing across diversified agri products whilst being agnostic to balance sheet of the borrower yet complying with the prudential norms of RBI.
In a short tenure, Kissandhan has already financed more than INR 1288.50 cr. for multiple commodities pan India. It has impacted about 282125 farmers till 28th February 2018.