New Delhi, 16th June, 2018: Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider with operations across India & Myanmar has been conferred the “4th SCMPro Demand Planning and Forecasting Award 2018” in “Best Demand Planning and Forecasting Practices in Agri” category for demonstrating best demand planning and forecasting function within the organization. The prestigious award was presented at the fourth annual ‘Demand Planning and Forecasting Forum’ held in Orchid Hotel, Mumbai on 16th June 2018 in the presence of a distinguished gathering of business leaders, academics, and senior industry professionals. Mr. Ankur Jaipuria, Chief Business Officer and Ms. Neeta Israni, Assistant Manager, Corporate Communication at SLCM received the award from Mr. Vishal Dhawan, V.P Growth Market, JDA and Mr. Rakesh Singh Chairman, ISCM.
Speaking post the award ceremony Mr. Sandeep Sabharwal, Group CEO of SLCM said, “We are delighted to receive this recognition from ‘Demand Planning and Forecasting Forum’. At SLCM, we believe that effective demand planning and forecasting plays a pivotal role in the operations of modern management. Towards this, we have grown with special focus on developing robust demand planning processes within the company and this award is a testament to the best practices followed at SLCM. I would like to thank the esteemed jury for recognizing our efforts and considering us worthy of this honor.”
Organized by Institute of Supply Chain Management (ISCM) along with SCMPro, the Demand Planning and Forecasting awards (DPFF Awards) seeks to acknowledge organisations for successful demonstration of their commitment to excellence in all aspects of their operations, provide a platform to showcase innovative business practices and create an avenue for benchmarking their achievements against their peers. It recognizes the best practices that corporate entities have adopted in demand planning & forecasting function and sales & operational planning in 8 award categories, and in the process rewards their strategy, performance, and goals. The award is judged by eminent jury comprising senior industry professionals in technology, demand planning and forecasting, business and innovation space.
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:
Sohan Lal 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. The company is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling about 873 agriculture commodities including Rice, Wheat, Maize, Mustard, Pulses, Cotton, Barley, Bajra,
Castor Seeds, Spices, etc. across India. As on June 2018, SLCM manages a technology enabled network of more than 2835 warehouses and 19 cold storages pan India spread over 48.70 Mn. sq. ft. area and a throughput of more than 662.62 Million MT. The Group has also applied for patenting this scientific technology of storage under the aegis of “AGRI REACH”. The efficacy of ‘AGRI REACH’ has been attested in a study conducted by industry body FICCI that found that storage losses could be reduced from 10 percent to a minimal 0.5 percent using 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 1570.21 cr. for multiple commodities pan India. It has impacted about 343806 farmers till May 2018.
