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Findings of the survey by TCIL Chapter 2 (Part -4)

The cost of additional fuel consumption was taken into consideration by the actual fuel expenses for a trip. However, the other components of the cost of delay were to be ascertained based on the additional data presented

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Findings of the survey by TCIL Chapter 2 (Part -4)

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  1. About Us Investor Relations Knowledge Corner HSE News & Media CSR Blog Careers My TCI Findings of the survey: Chapter 2 (Part -4) Newsletter Subscription Name By Transport Corporation of India Limited NOVEMBER 13, 2017 Email Submit Introduction Categories Table 5: Trip expenses including overheads, freight rates and profit margins Awards/ Recognition PDFmyURL converts any url to pdf!

  2. Corporate Social Responsibility Inside Scoop Knowledge Series Leadership Speaks TCI Video Cost of delay Tags The cost of additional fuel consumption was taken into consideration by the actual fuel expenses for a trip. However, the other components of the cost of delay were to be ascertained based on the additional data presented in Table 6. 3PL 5 Force Model all the award title Allocation of overhead expenses Automotive Logistics Best Coastal Container Vessel Operator Blood Donation Challenges & Opportunities in Automotive Logistics Champions of Change Corporate Film Cost of additional fuel consumption Cost of delay CSR Customer focus Digital Transformation EDI Environment ERP Freight Rates Freight Transportation Fuel Consumption GST HIV HSE The annual profit, interest charges, depreciation, tax and insurance, together amounted to Rs. 646,100, which, divided by the annual operating hours (6,000 hours), gave the cost of delay per hour, i.e. Rs.107.68/hour. When the driver was to be paid an additional daily allowance due to delay, the same was accounted. Table 7 shows the summary statistics in respect of trip expenses and contribution margins with the additional delay costs. The average cost of delay was Rs. 109.53/ hour and the average trip expenses, after including the costs of delay, was Rs. 1.47/ tonne-km. Trip expenses including the costs of delay were, on an average, only 1.64% more than the trip expenses without accounting for the costs of delay. Also, the average contribution margin reduced slightly from 34.54% to 32.36%. The observations were in line with those from the 2008-09 and 2011-12 surveys. To include the shipper’s inventory-carrying cost due to delay, the value of commodity was multiplied by the cost of capital and delay time, then added to the aforementioned cost of delay to obtain the per hour cost of delay, inclusive of the additional inventory carrying expenses borne by the shipper. The average cost of delay, including the shipper’s expenses, was Rs. 151.38/hour. The figure may seem insignificant; however, the effect of delay on the economy is not insignificant. For 2.1.2 example, the PDFmyURL converts any url to pdf!

  3. Intermodal International Yoga Day Kaizen Lanes Life Saving Efforts Logistics Logistics & Transportation perspective Logistics and inventory control Logistics Supply Chain Mobile Apps Multimodal Muskaan Clinic OEM Pan India Quality management Reuse & Recycle of Wast Road Constructions Road Transportation Route Survey Routes Seaways Ship Social Arm Supplier relationship Supply Chain TCI TCI Foundation TCI Freight TCI Group TCI SCS TCI Seaways TCI Supply chain TCI-IIM Survey TCIL Technology The Dairy Summit 2017 Transport Trio Bins Trips Truck Capacities Truckers VAT Warehousing Zero Accident average stoppage delay for a typical goods vehicle on Indian roads was 0.0030 hours/km. Considering the average annual utilization of a goods vehicle to be 100,000 km, the average annual stoppage delay for a goods vehicle would be 300 hours. Also, considering the average cost of delay to be Rs. 150/hour, the annual cost of delay for a goods vehicle would be Rs. 45,000. As per the Road Transport Year Book 2011-126, available on the Ministry of Road Transport and Highways website, there were about 7.6 million goods vehicles as on March 31, 2012, increasing at 8-9% per annum in the last couple of years. If we consider a conservative 8% growth, the number of goods vehicles as on March 31, 2015 is estimated at about 9.6 million, which means that the annual cost of delay to the Indian economy could be a whopping Rs.432 billion or USD 6.6 billion7! Table 6: Additional data required for estimating delay cost components Table 7: Trip expenses and contribution margins including the costs of delay Previous Recent Posts PDFmyURL converts any url to pdf!

  4. Continue Findings of the survey: Chapter 2 (Part -5) Findings of the survey: Chapter 2 (Part -4) Bio Latest Post Findings of the survey: Chapter 2 (Part -3) Findings of the survey: Chapter 2 (Part -2) Findings of the survey: Chapter 2 (Part -1) Transport Corporation of India Limited A Joint Study Report by TCI and IIM Calcutta – Chapter -1 Group TCI is India's leading integrated supply chain and logistics solutions provider. TCI group with expertise developed over 5 decades has an extensive network of company owned offices, 11.5 mn. sqft of Warehousing space and a strong team of trained employees. With its customer-centric approach, world class resources, State-of-Art technology and professional management, the group follows strong corporate governance and is committed to value creation for its stakeholders and social responsibilities. Integrated Testing & Counselling Centre at Ludhiana Another Feather along the way to our “Moving India” journey Allocation of overhead expenses Cost of additional fuel consumption Cost of delay It is a Proud Moment to Share Some Life Saving Efforts by Our TCI Foundation: Muskaan Clinic. The Case Given Below: Freight Rates Fuel Consumption Route Survey Routes Trips Truck Capacities Leave a Reply Your email address will not be published. Required fields are marked * Comment We feel proud to break the news that TCI has been bestowed with back to back PDFmyURL converts any url to pdf!

  5. three awards… Archives Name * November 2017 October 2017 Email * September 2017 August 2017 Website July 2017 June 2017 Post Comment Recent Comments Rajesh Shetty on The Logistics of Liquid Bulk (Wine) Tcilogistics | Pearltrees on The Logistics of Liquid Bulk (Wine) Quick Links Contact Us About Us Corporate Office TCI House TCI 360° PDFmyURL converts any url to pdf!

  6. 69, Institutional Area Sector-32, Gurgaon-122207 Haryana, (India) Vision & Values Milestones Vice Chairman & MD´s Message Awards & Recognitions Phone: +91-124-2381603 to 07 Fax: +91-124-2381611 Email: corporate@tcil.com TCI Tomorrow Investor Relations Corporate Information Board and Committee Composition TCI Policies Disclosures Investors´ FAQs Investor/Analyst Corner Credit Rating Past Event / Information Knowledge Corner Study Reports Publications Indian Road Freight Index News & Media Media Kit CSR PDFmyURL converts any url to pdf!

  7. Healthcare Education & Sports Community Development Disaster Management Expanding Boundaries Careers Why TCI? Who Are We Looking For? How to Connect? © 2017 TCI PDFmyURL converts any url to pdf!

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