CARGOCONNECT-OCTOBER2024 - Flipbook - Page 23
COVER STORY
COLD CHAIN LOGISTICS EXCELLENCE
for more precise control throughout the
supply chain.”
Mishra, while projecting a promising
future for the sector, informs that investment
in modern cold storage facilities and the
expansion of cold chain networks into rural
areas are on the rise. “The government and
private sector are both focussing on building
more cold storage hubs and enhancing
logistics connectivity, particularly to support the agricultural sector and boost food
security. This, combined with the growing
demand from the pharmaceutical and biotech
industries, is driving modernisation.”
He also emphasises the importance of
sustainable practices. “The future of the cold
chain in India will be shaped by sustainable
technologies, including energy-efficient
refrigeration and greener transportation
options. This shift is not just about reducing
costs; it’s about making the cold chain more
resilient and environmentally conscious.”
Mishra attests that these developments
are crucial for addressing both immediate
logistical needs and long-term goals. “We
need to ensure food security and the safe
delivery of pharmaceuticals, and these
innovations are the key to achieving that.”
Adapting to Global
Regulatory Standards
The complexity of global cold chain operations lies in the varying regulatory standards
across di昀昀erent regions. Navigating these
diverse regulations requires a nuanced
approach to compliance while maintaining
operational e昀케ciency. Companies operating
in the cold chain logistics sector often face
challenges related to temperature control,
food safety protocols, and pharmaceutical
regulations, which di昀昀er vastly from one
market to another.
To adapt, leading organisations have
developed 昀氀exible compliance frameworks
that can be customised for speci昀椀c markets.
Strategies such as implementing regionspeci昀椀c regulatory teams, adopting global
standards like Hazard Analysis Critical
Control Point (HACCP), and utilising digital
tools for compliance monitoring have proven
e昀昀ective. For instance, AI-driven platforms
now automate regulatory checks, allowing for real-time reporting and corrective
measures, streamlining both compliance
and operational e昀케ciency.
Kartik Shah, Business Head at Coldrush Logistics, explains how his company
has successfully adapted to the diverse
regulatory standards across di昀昀erent markets through a comprehensive strategy.
“Our approach to regulatory compliance
SAGAR RAGHORTE
DGM– Strategy and SCM,
The Belgian Waffle Co.
We’ve created detailed
compliance manuals that are
customised for each region we
operate in. These manuals are
comprehensive, outlining the
steps and protocols necessary
to meet local regulations.
We also implement regular
training programmes to ensure
that our staff is fully aware
of the local regulations and
compliance procedures. This
not only ensures regulatory
adherence but also supports
operational consistency across
multiple regions. Sourcing the
right materials is another key
component of our strategy. We
work with well-established
industrial leaders for sourcing
all raw and packaging
materials.
is multi-faceted and designed to be both
昀氀exible and robust,” he spotlights.
“We’ve established a dedicated compliance team made up of legal and regulatory
experts who continuously monitor changes
in laws and regulations across the markets
we operate in. This ensures that we stay
up-to-date with any regulatory shifts and
can swiftly adapt our operations as needed,”
he says. Shah particularly highlights that
this proactive approach allows Coldrush to
maintain compliance without sacri昀椀cing
operational e昀케ciency.
“Additionally, we’ve developed localised compliance programmes tailored to
the specific regulations of each market
while maintaining our global operational
standards,” Shah continues. “This strategy
enables us to meet regional regulatory
demands e昀昀ectively without compromising
on e昀케ciency.”
Training is another key aspect of Coldrush’s approach, Shah puts forth. “We’ve
invested heavily in training programmes
for our staff to ensure they are familiar
with both local and international regulatory
frameworks. Such comprehensive training
sessions help minimise the risk of regulatory
breaches and ensures that our operations
run smoothly.”
He also touches on the importance of
technology in maintaining compliance.
“Leveraging advanced compliance management software has streamlined our ability to
track, report, and ensure adherence to diverse
regulations e昀케ciently. This integration of
technology allows us to maintain operational
agility while ensuring compliance.”
Finally, Shah stressed the value of
maintaining open communication with
local regulatory authorities. “Building strong
relationships with regulatory bodies helps
us gain valuable insights into upcoming
changes, allowing us to prepare in advance
and avoid disruptions,” he adds.
“By embedding compliance into the core
of our operations and remaining adaptable
to the regulatory landscape, we’ve been able
to uphold both our operational e昀케ciency
and regulatory standards.”
Inderjeet Singh, Business Head at
Arya.ag, speaks about how the company
has e昀昀ectively adapted to the diverse regulatory standards across di昀昀erent markets,
leveraging the team’s deep-rooted expertise
in the agri-business and agri-昀椀nance sectors.
“At Arya.ag, our team collectively brings
decades of experience, having pioneered
the warehouse receipt 昀椀nancing business in
India and shaped the framework for Indian
agri-finance,” Singh explains. This vast
expertise, according to him, has allowed
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