YCH Group to establish cold chain facility in Southwest China
YCH Group, Asia Pacific's leading integrated end-to-end supply chain management and logistics partner, has signed a memorandum of understanding (MOU) with Kunming Airport Cold Chain Logistics Industry Co., Ltd to establish a cold chain facility across 175 acres of land to provide the Southwest China region with cold chain logistics support. The key focus of this collaboration is to create a platform for international procurement and for cold chain logistics.
The initiative is timely, as the value of social logistics goods in 2016 expanded by 6.1 percent year on year to US$33.2 trillion, and the National Development and Reform Commission (NDRC) has encouraged sophisticated development of the logistics sector over the next five years to boost China’s economic growth and deepen supply-side reform.
Strategically located in close proximity to both the Kunming Airport and a multi-purpose transport hub, the facility will position Kunming as an agricultural production hub through the leveraging of cold chain technologies to reduce the loss of produce while increasing food safety and security.
Featuring an ambient temperature distribution component to complement the cold-chain facility, it will handle imported chilled and frozen products from the South Pacific and ASEAN regions into Kunming for distribution via Southwest China into its South and Western regions. It can also be used as an export facility to distribute Yunnan produce such as fruits and flowers to regions such as Europe.
“YCH is pleased to sign this watershed agreement with Kunming Airport Cold Chain Logistics Industry,” said Mr Dave Lim, CEO of YCH Greater China. “We have been increasing our focus on cold chain due to growing market demand in the Asia Pacific region. This collaboration will enable us to enhance the logistics capabilities of Southwest China with state-of-the-art facilities, enabling distribution of cold chain supply to Yunnan and other parts of China.”
ChenJunhui, the Chairman of Kunming Airport Cold Chain Logistics said “With their excellent track record and strong expertise in cold chain logistics in Asia-Pacific, we are confident that this collaboration will help better serve the growing demand for cold chain logistics in the region, providing increased scalability and flexibility for the growing consumer market in China.”
This is part of a series of ventures YCH has undertaken to boost the logistics capabilities of Southwest China. It has previously embarked on collaborations to improve the logistics capabilities in Southwest China, including a DistriPark in Shangliu, a distribution centre in Chengdu, as well as a logistics hub and multi modal distribution centre in Chongqing.
The company also collaborated with the Sichuan Vocational and Technical College of Communications (SVTCC) for a rigorous talent development program that combines both classroom and practitioner-based learning, to help students develop relevant logistics skills and experiences.
Coal India Secures First-Of-Its-Kind Digital Deal
Coal India Limited (CIL) has appointed Accenture Solutions to digitally transform seven of its open-cast mines as the company strives to improve performance and increase coal production. Accenture is due to lay down digitalisation groundwork until March 2022.
The deal aims to increase coal production by 100 million tonnes (MT) by the end of FY’23. Once the minimum quantity has been surpassed, an agreed sum will be paid to the consultant for every additional sum of coal produced. This success fee will only be paid on the procurement of the minimum assured quantity.
The move will see heavy earth moving machinery (HEMM) fitted with digital sensors to monitor performance efficiency at all levels. Additionally, modern data analytic techniques aim to increase mine productivity and project monitoring through functional system management and effective observation.
An Exciting Venture For Global Mining
CIL, which aims to provide energy security in an environmentally and socially sustainable manner, hopes the move will help transform the entire business of mining operations and ensure higher volumes of coal are acquired at a lower cost.
“This is a first of its kind initiative by the company utilising digitalisation to ramp up coal output,” CIL has said.
A Digital Step Towards Enhanced Performance
Digitalisation is expected to take place at open-cast mines in Kusmunda, Gevra, Dipka of Southern Eastern Coalfields (SECL), Migahi, Jayant, Dudhichua, and Khadia of Northern Coalfields (NCL). Nearly 32% (188 MT) of CIL’s 596 MT output in FY’21 was accounted for by the seven selected mines. However, this new deal is set to see a large increase following the subsequent digital changes due to be made.
“Learning from the outcome and success of this model, we may replicate it in our other large mines,” says CIL, optimistic about the future following the modernisation of their mining.
It is expected that the move will help address roadblocks and guarantee corrective measures are put into place, ensuring the company is able to move forward with its aim of increasing output whilst remaining sustainable and eco-friendly.