MIRA
INFORM REPORT
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Report Date : |
23-May-2006 |
IDENTIFICATION
DETAILS
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Name : |
FLYJAC
LOGISTICS |
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Registered Office : |
Vaibhav
Apartments, Sahar Pipe line Road, Sahar, Andheri (East), Mumbai-400099,
Maharashtra |
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Country : |
India |
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Financials (as on) : |
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Date of Incorporation : |
1990 |
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Legal Form : |
A
Partnership Concern with Unlimited Liability of the Partners |
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Line of Business : |
Subject
acts as shipping, freight forwarding agents and offers logistics services |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD
120000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject
is a well established concern having satisfactory track. Partners are
reported as experienced, respectable and resourceful businessmen. Their trade
relations are fair. Payments are usually correct and as per commitments. The
concern can be considered good for normal business dealings at usual trade
terms and conditions |
LOCATIONS
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Registered Office/Head Office : |
Vaibhav
Apartments, Sahar Pipe line Road, Sahar, Andheri (East), Mumbai-400099,
Maharashtra |
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Tel. No.: |
91-22-28322103/28329758/28371267/28362150 |
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Fax No.: |
91-22-28366609/28362563 |
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E-Mail : |
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Website : |
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Area : |
3500
Sq.ft |
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Location : |
Owned |
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Air
/ Ocean Import Office: |
Vaibhav
Apartments, Sahar Pipe line Road, Sahar, Andheri (East), Mumbai-400099,
Maharashtra |
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Tel.
No.: |
91-22-28322103/28329758/28371267 |
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Fax
No.: |
91-22-28366609/28362563 |
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E-Mail
: |
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Website : |
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Air
/ Ocean Export & Clearance Office: |
102,
Awas Apartments, Sahar Pipe line Road, Sahar, Andheri (East), Mumbai-400099,
Maharashtra |
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Tel.
No.: |
91-22-28315494/97/28306244/45/47 |
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Fax
No.: |
91-22-28315512 |
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E-Mail
: |
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Branches: |
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Address: |
No. 3,
Davidson Street, 1st Floor, Off Broadway, Chennai-600001,
Tamilnadu |
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Tel.
No.: |
91-44-25234009
(5 lines) |
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Fax
No.: |
91-44-252222401/25261536 |
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E-Mail: |
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Contact
Person: |
Mr.
Ravikumar, Mr. Ramdass, Mr. Unni, Mr. Sethu |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
Jay
Towers, Office No. 22/23, Kalbhor Nagar, Chinchwad, Pune-411019, Maharashtra |
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Tel.
No.: |
91-20-27489715 |
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Fax
No.: |
91-20-27485969 |
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E-Mail: |
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Contact
Person: |
Mr.
Jayesh Vora |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
20/11E,
Roche Colony, Second Street, Tuticorin-628001, Tamilnadu |
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Tel.
No.: |
91-461-2329874/75/2326460 |
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Fax
No.: |
91-461-2323499 |
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E-Mail: |
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Contact
Person: |
Mr.
Renjith Thomas, Mr. Harikumar |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
2A,
Shivam Society, Near Chani Jakat Naka, Vadodara-390002, Gujarat |
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Tel.
No.: |
91-265-2761774 |
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Fax
No.: |
91-265-2774244 |
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E-Mail: |
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Contact
Person: |
Mr. J
D Shah |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
3A,
Mezzanine Floor, Rippon Street, Kolkatta-700016, West Bengal |
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Tel.
No.: |
91-33-22160403/22295874/22295890 |
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Fax
No.: |
91-33-22469584 |
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E-Mail: |
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Contact
Person: |
Mr. A
Rajesh, Mr. Mahesh |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
210,
Sakar V, Behind Natraj Cinema, Ashram Road, Ahmedabad-380009, Gujarat |
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Tel.
No.: |
91-79-6584101/6586554 |
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Fax
No.: |
91-79-6586961 |
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E-Mail: |
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Contact
Person: |
Mr.
Minesh Oza |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
414,
Connection Point, Next to MSIL Cargo Complex, Airport Road, Bangalora-560017,
Karnataka |
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Tel.
No.: |
91-80-5228047/49/50/5225048 |
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Fax
No.: |
91-80-5229643 |
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E-Mail: |
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Contact
Person: |
Wg.
Cdr. Shankar |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
Door
Nn. 8, Kerithika Apartment, Near AEPC, Indira Nagar, Tirupur-5660003 |
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Tel.
No.: |
91-421-2244716/2208641/2208207 |
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Fax
No.: |
91-421-2245982 |
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E-Mail: |
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Contact
Person: |
Mr.
Suresh |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
516/517,
Vishal Towers, 10, District Centre, Janakpuri, New Delhi-110058 |
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Tel.
No.: |
91-11-25502731/25502750/25528992 |
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Fax
No.: |
91-11-25526004 |
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E-Mail: |
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Contact
Person: |
Mr.
Manoj Kumar, Venkat, Mr. Rajesth A, Mr. Srijit |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
306, 3rd
Floor, Jabbar Building, Beside Shoppers Stop, Begumpet, Hyderabad-500016,
Andhra Pradesh |
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Tel.
No.: |
91-40-27765687 |
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Fax
No.: |
91-40-27761671 |
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E-Mail: |
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Contact
Person: |
Mr.
Krishna Rao |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
Peirce
Leslie Building, B. Ristow Road, Willingdon Island, Cochin-682003, Kerela |
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Tel.
No.: |
91-484-2669896/2669905 |
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Fax
No.: |
91-484-2668787 |
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E-Mail: |
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Contact
Person: |
Mr.
Ajit Kumar |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
Laksh
Jyot Complex Housing Society, II Floor, Flat No. 3, Near Rebello Hotel,
Vasco-403802, Goa |
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Tel.
No.: |
91-832-2516006/2517266 |
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Fax
No.: |
91-832/2501528 |
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E-Mail: |
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Contact
Person: |
Mr. D
Manojkumar |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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Address: |
B-8,
Pelican Park, Plot No. 87A, N-3, Cidco, Aurangabad-431003, Maharashtra |
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Tel.
No.: |
91-240-2476591 |
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Mobile
No.: |
91-9823054070 |
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E-Mail: |
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Contact
Person: |
Mr.
Sundaresan. E |
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Area : |
7000
Sq.ft |
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Location : |
Owned |
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PARTNERS
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Name : |
Mr. A
S Madhavan |
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Designation : |
Partner |
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Name : |
Mr.
Lalit C Jobanputra |
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Designation : |
Partner |
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KEY EXECUTIVES
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Name
: |
Mr. M
H Warrier |
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Designation
: |
Corporate
Manager |
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BUSINESS DETAILS
|
Line of Business : |
Subject
acts as shipping, freight forwarding agents and offers logistics services |
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GENERAL
INFORMATION
|
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Customers : |
Industrial
Importers & Exporters |
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No. of Employees : |
Office
450. Total 450 |
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Bankers : |
Ø
IndusInd
Bank Limited, Acme Plaza, Andheri (East), Mumbai Ø
State
Bank of India, IFB, Vrindavan, M V Road, Andheri (East), Mumbai |
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Banking Relations : |
Satiafactory |
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Sister concern : |
Ø
Jac
Air Services Private Limited Air export / air import consol Ø
Jac
Enterprises Custom house agent Ø
JWC
Park, Mumbai Ø
Inland
Container, Depot |
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CAPITAL STRUCTURE
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Capital
Investment : |
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Owned : |
Rs.
30.000 millions |
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Borrowed : |
-- |
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Total : |
Rs.
30.000 millions |
FINANCIAL DATA
[all figures are in Rupees
Millions]
|
Particulars |
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|
31.03.2006 |
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Sales Turnover |
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2380.000 |
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ABRIDGED
BALANCE SHEET
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SOURCES OF FUNDS |
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|
31.03.2002 |
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SHAREHOLDERS FUNDS |
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1] Partners Capital |
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27.595 |
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2] Reserves & Surplus |
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-- |
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NETWORTH |
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|
27.595 |
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LOAN FUNDS |
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1] Secured Loans |
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|
2.267 |
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2] Unsecured Loans |
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-- |
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TOTAL BORROWING |
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2.267 |
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TOTAL |
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29.862 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
|
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19.213 |
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Capital work-in-progress |
|
|
1.403 |
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INVESTMENT |
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|
-- |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
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|
-- |
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Sundry Debtors |
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|
93.091 |
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Cash & Bank Balances |
|
|
14.368 |
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Other Current Assets |
|
|
13.945 |
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Loans & Advances |
|
|
40.611 |
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Total Current Assets |
|
|
162.015 |
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Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
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Current Liabilities |
|
|
152.769 |
|
|
Provisions |
|
|
-- |
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Total Current Liabilities |
|
|
152.769 |
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Net Current Assets |
|
|
9.246 |
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|
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MISCELLANEOUS EXPENSES |
|
|
-- |
|
|
|
|
|
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TOTAL |
|
|
29.862 |
|
PROFIT
& LOSS ACCOUNT
|
PARTICULARS |
|
|
31.03.2002 |
|
Sales Turnover [including other income] |
|
|
207.828 |
|
|
|
|
|
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Profit/(Loss)
Before Tax |
|
|
36.054 |
|
Provision
for Taxation |
|
|
-- |
|
Profit/(Loss)
After Tax |
|
|
36.054 |
|
|
|
|
|
|
Total
Expenditure |
|
|
243.882 |
|
|
|
|
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KEY
RATIOS
|
PARTICULARS |
|
|
|
31.03.2002 |
|
PAT / Total Income |
(%) |
|
|
17.35 |
|
|
|
|
|
|
|
Net
Profit Margin (PBT/Sales) |
(%) |
|
|
17.35 |
|
|
|
|
|
|
|
Return
on Total Assets (PBT/Total
Assets} |
(%) |
|
|
19.74 |
|
|
|
|
|
|
|
Return
on Investment (ROI) (PBT/Networth) |
|
|
|
1.31 |
|
|
|
|
|
|
|
Debt
Equity Ratio (Total
Liability/Networth) |
|
|
|
5.62 |
|
|
|
|
|
|
|
Current
Ratio (Current
Asset/Current Liability) |
|
|
|
1.06 |
LOCAL AGENCY
FURTHER INFORMATION
Subject
was first involved in Multi Modal Licensed MLO Transport operations, customs
clearance, project handling, warehousing and logistics
Subject
acts as air cargo agent, air & ocean freight forwarder, custom house agent and
also engaged in warehousing and distribution.
Subject
has owned operations in more than twelve locations throughtout India and
provides air, ocean freight forwarding and complete value added logistics
solutions to its customers
The
concern offers following services:
Ø
Air
Freight
Ø
Sea
Freight
Ø
Custom
Clearing
Ø
Domestic
Trucking
Ø
Warehousing
Ø
Distribution
Logistics
Ø
IT
Enagled Services
Ø
Global
Logistics
Ø
Freight
Management
Ø
Virtual
Returns Management
Ø
IT
Driven Solutions for Demand Chain Integration
Ø
Ground
Handling Agents for AAI
Ø
Web
based transportation and warehousing management systems
Ø
Net
centric ERP platform Ecarex for demand chain requirements
Ø
Supply
Chain Managements
The
custom is in trade terms with:
Ø
Reliance
Industries Limited, Mumbai
Ø
Larsen
& Toubro Limited, Mumbai
Ø
ABB
Group, Baroda, Mumbai and Nasik
Ø
Bharat
Heavy Electronicals Limited, Mumbai
Ø
MRF
Limited, Chennai, Tamilnadu
Ø
Philips
India Limited, Pune, Maharashtra
Ø
ABB,
Switzerland
Ø
Cisco
Systems, USA
Ø
HP,
Singapore
Ø
Sun
Micro, USA
Ø
Philips,
Hong Kong
Company:
Profile
Ø Group Strength - 1250
Ø 16 Locations in India
Ø Presence in 40 Countries in the world
Ø Network of Agents around the world
Ø Ground Handling Agent for AAI at Delhi & Chennai
The Founders
Mr.Lalit Jobanputra
Mr.Lalit Jobanputra,Managing Directors of JWC Logistics Park Pvt.Ltd is
one of the founder Director with vide experience of more than 2 decades in the
field of Logistics Service,CHA Agent ,IATA Cargo Agency.
Mr.Lalit Jobanputra has completed his graduation and specialization in Business
Management Marketing and he was serving Reliance Industries Ltd as All India
Sales Manager.He started his career in the field of logistics with the
formation of M/S Jac Air Services Pvt.Ltd which earned recognitions from all
the Airlines operating in India.
Mr.Lalit along with Mr.AS.Madhavan started M/S FLYJAC FORWARDERS in 1990 to
cater to the growing requirement of Corporate Customers in the Field of Freight
Forwarders and subsequently adding Value to FLYJAC as Total Integrated
Logistics Solutions Service Provider.
AS.Madhavan
Mr.A.S.Madhavan,co-founder of M/S FLYJAC FORWARDERS completed his graduation in
Mechanical Engineering with Diploma in Marketing has more than 3 decades of
experience in Logistics Industry.Worked as a Senior Person in Panalpina Gordon
Woodroofe.
Mr.A.S.Madhavan along with Mr.Lalit.Jobanputra has been instrumental in forming
the M/S FLYJAC Logistics to Provide Freight Forwarding Services initially and
subsequently Total Integrated Logistics Solutions to Corporate Customers
.FLYJAC has presence in more than 15 Locations in India and a Network of
Overseas Associates at more than 40 Countries in the continent.
AV.Ravikumar
Mr.AV.Ravikumar is associated with Logistics Industry for the last 1 decade
prior to that he was associated with Pharmaceutical Industry he worked as a All
India Manager for Sun Pharmaceutical Industries before his exposure with
Logistics Industries
He is the CEO of M/S FLYJAC LOGISTICS and is incharge of Business Development
for the complete Southern Zone namely
including,Chennai,Bangalore,Tirupur,Tuticorin,Cochin.At FLYJAC he is actively
associated with the initiatives of IT Developments,Systems
Development,Development of Network of Overseas Associates,Overseas Business
Development and other Corporate Matters.
Export Business by Air and Sea at various stations in Southern India is his
credit development and his experience in development of Ocean business &
Consol Boxes by Ocean will be of Immense help to develop Business for ICD/CFS
projects.
Products:
Air Freight-Import/Export
Flyjac Logistics provides innovative solutions to the growing market of fast
& reliable movements of cargo, whether it is general cargo, outsized,
perishables, pharmaceuticals, hanging garments or other tailor-made services.
Our well-educated staff will customize solutions for you based on:
Ø Scheduled consolidations
Ø Direct shipments
Ø Express services
Ø Sea/Air solutions
Ø Domestic & international distribution
Ø Customs clearance & documentation
Sea Freight-Import/Export
Flyjac Logistics wants to meet the needs of the customers, offering a flexible
set-up with the advantages of fixed schedules, based on long lasting
co-operation with dedicated shipping lines
We offer:
Ø LCL services worldwide
Ø FCL services based on single or multiple carriers
Ø Strategic alliances with first class global carriers
Ø Weekly sailings to all major destinations
Ø Scheduled & reliable departures
Ø Space allocations - all year
Ø Door / door services
Ø Dedicated & well educated staff
Ø Customer designed services
Ø Worldwide Flyjac network
Ø Flexible conversion between air- & seafreight
Ø Air/Sea solutions
Ø State of the art IT-services - standard or customized
Ø Customs clearance & documentation
Outsourcing:
|
Øfacility
Planning |
|
Ø Location
identification |
|
Ø Takeover/Setup
Facilities |
|
Ø Freight Cost
Analysis |
|
Ø Manning the
Facility |
|
Ø Distribution
Information Requirement Analysis. |
|
Ø Roll out of
eCAREX structured to your channel. |
|
Ø Network
Distribution-Freight Cost Optimization |
|
Ø Warehousing |
|
Ø Order processing |
|
Ø Order fulfillment |
|
Ø Receipts and issues |
|
Ø Credit Control |
|
Ø Inventory management |
|
Ø CRM for Customers |
|
Ø VRM for Vendor |
|
Ø Best Practices |
Technology:
Our
Technology
The advent of technology has made mankind to view things in a different angle.
The thirst for technology is rapidly increasing day by day, so people are
looking out for new ways of reaching out to the other side of the world.
Communication today is very vital and the time framed. Everyone needs
information at the right place at the right time. So we need to keep in race
with the advanced technology. In today’s world customer is a very important entity
and value added services needs to be given round the clock and information to
the customer needs to be updated on a regular basis. Service industries need to
equip themselves with the latest infrastructure and advanced technology to keep
in pace with the current world in order to facilitate their valuable customers.
Since information needs to available at any place, anytime. This takes us to a
dynamic and powerful word called ‘INTEGRATION’. Today service industry
needs to integrate the information and make it available to its customers.
Integration can take place at any level but the question is how to integrate
keeping in view the information the customer needs. So we at Flyjac are having
a real time integrated ERP Application, which provide end-to-end complete
solutions to our customers and agents.
Highlights
of our Real time ERP Application
Ø
Single
Integrated application (Operation, Accounting, payroll, Tracking)
Ø
Elimination
of data processing at multiple points and system in the
chain.
Ø
Integration
of transportation and Logistics to create the supply chain
Ø
E-Commerce
with customers /vendors
Ø
Visibility
of point level information across supply chain to customers.
Ø
As a
result of above significant reduction of cost.
Objective
of our ERP
Ø
To
provide enterprise solution for supply chain management based on
advanced web technologies.
Ø To enhance efficiencies in supply chain
management by providing visibility at part level
Ø
To
encourage employee innovation and ensure customer satisfaction.
Security Level at Flyjac
We at Flyjac have
multiple levels of redundancy and security systems equipped with various levels
of security and encryption using world-class software and hardware. We are
equipped with gateway level virus scanners, desktop level virus scanners, and
server level virus scanners with a very high proliferate Firewall protection
systems disabling hackers to enter our security domain. Constant monitoring of
the firewall logs, bandwidth utilization has been the main advantage of
restricting unauthorized entities to enter to multiple level security domain of
flyjac.
Our Team
We have a dedicated
Team with rich experience, with exposure to the industry standards with
knowledge of latest trends and technologies. We believe In Team Spirit and Team
Effort, motivation, inspiration and commitment are our Team’s Ideals
|
Air
Freight:
Our
airfreight services give you flexibility and speed when you move valuable or
time-sensitive goods.
We offer an extensive global network combined with a selected network of
qualified agents, best-in-class air carriers and quality sub-contractors, our
services cover almost every origin and destination. We offer both full and
partial charters and we are committed to meeting any capacity and transit time
needs, applying our unified service levels from pick-up to delivery at
destination.
Flyjac
provides its clients with the advanced technology and infrastructure needed to
meet today's business challenges. Technology that helps you move goods more
quickly, arrange for shipments more efficiently, and offer a wider range of
services. At the same time, it helps you deliver a higher level of personalized
service while minimizing the labor component.
ØIATA / FIATA CERTIFICATION
ØRECOGNITION
AND AWARDS FROM LEADING CARRIERS
ØAMONG
THE TOP TEN VENDORS OF MAJOR AIRLINES
Ø1500
TONNES OF AIR CARGO HANDLED PER MONTH
ØPRESENCE
IN ALL GATEWAYS AND MAJOR AIRPORTS OF INDIA
ØDOOR
PICKUP AND DOOR DELIVERY
ØCHARTER
OPERATIONS
ØCONSOLES
FOR IMPORT AND EXPORT FROM AND TO
ØMAJOR
DESTINATION GATEWAYS.
ØDEDICATED
CUSTOMER SUPPORT PERSONNEL AT ALL LOCATIONS
Sea
Freight:
Ocean
transportation is a substantial component of the international supply chain.
Through our association with reliable carriers, we deliver your goods
efficiently, safely, and most importantly, on time.
FLYJAC controls a large number of corridors ensuring better coverage, more
sailings, better rates, and more flexible closing times. Your goods are
transported on reliable liners and stay in control right up to the final
destination where your goods arrive on time and in full.
ØMTO / MLO
CERTIFICATION
ØPRESENCE
IN ALL SEA PORTS OF THE COUNTRY
ØRECOGNITION
AND AWARDS FROM LEADING CARRIER LINES
Ø1400
TEUS HANDLED EVERY MONTH
ØCONSOLES
FOR IMPORT AND EXPORTS FROM AND TO MAJOR
ØSEAPORT
GATEWAYS IN THE WORLD.
ØSPECIALISTS
IN COLD CHAIN AND CUSTOMISED PROJECT CARGO
ØDEDICATED
CUSTOMER SUPPORT PERSONNEL AT ALL PORTS
ØDOOR
TO DOOR SERVICES
Custom
Clearence:
.
OWN CHA LICENSE IN ALL MAJOR PORTS OF INDIA
· DEDICATED TEAM AT ALL OFFICES
· FAST TURN AROUN D TIME FOR CLEARENCE
· CRITICAL SERVICE COMPONENT FOR DOOR-TO-DOOR SERVICE
· PUBLIC CUSTOM BONDED WAREHOUSING AT CHENNAI
· SERVICING A LARGE NUMBER OF BLUE CHIP CLIENTS
Freight Management:
FLYJAC
provides coverage for all forwarding services :
Our team of highly specialized industry professionals works to design and
execute the best possible solutions for your needs. With our process oriented
approach and strong customer focus, you can be assured that we work extra hard
in meeting your special needs.
Reduce
the cost and complexity associated with logistics-related labor.
Costs
and issues associated with managing a typically low skill level workers.
HR-related
tasks, such as interviewing, benefits management and other functions, can be
eliminated for these workers as a result of the
outsourcing process.
ØOcean
Freight :
FLYJAC provides time definite, innovative Sea freight services for both Full
Container Loads (FCL) and Less Than Container Loads (LCL) shipments.
ØFCL
:
With FLYJAC you can be sure of leveraging our experience and presence to get
the best solution.
With FLYJAC you get attractive rates, transit time, security and service
worldwide.
ØLCL
:
FLYJAC provides regular, reliable, fast and cost effective solution for less
than container loads as well. This is the result of our experience in handling
such cargos. More over now we have our CFS stations (JWC Park Pvt. Ltd), which
ensure better service.
ØAir
Freight :
Air Freight Shipments are handled by our carefully selected strategic air partners
to provide worldwide coverage for shipments that need to meet tight deadlines
focusing on speed, flexibility, creativity and sensitivity to ensure that your
priority shipments is there when and where you need it the first time, every
time.
ØCustoms
Brokerage Service :
For importers requiring customized, bundled solutions, or those requiring
simply an integrated transportation and customs solution, FLYJAC offers a wide
range of cost effective basic and value added customs related services.
With thorough understanding of the legal and regulatory complications facing
today's import community, FLYJAC is dedicated to moving your inventories in
transit efficiently and without delay with consistent, superior performance
ØOWN
CHA LICENSE IN ALL MAJOR PORTS OF INDIA
ØDEDICATED
TEAM AT ALL OFFICES
ØFAST
TURN AROUN D TIME FOR CLEARENCE
ØCRITICAL
SERVICE COMPONENT FOR DOOR-TO-DOOR SERVICE
ØPUBLIC
CUSTOM BONDED WAREHOUSING AT CHENNAI
ØSERVICING
A LARGE NUMBER OF BLUE CHIP CLIENTS
Distribution Management:
FLYJAC
combines a shared IT platform with a network of multi-client distribution
centers located strategically across the world.
This results in the following
ØMinimize
your capital investment
ØPosition
products closer to your customers
ØLeverage
our multi-carrier capabilities
ØAccess
advanced systems to manage inventory and shipments
ØEnsure
fast implementation of your distribution solution
Our Distribution Services include:
§ Inbound receiving
§ Storage services
§ Replenishment
§ Pick-and-pack operations
§ Integrated shipping system
§ Inventory management
§ Standardized management reports
§ Value added services
Global Logistics:
Wherever your goods must be moved or stored, we can develop
the most efficient and effective way to meet your requirements. Our broad
portfolio of services enables us to provide optimized and streamlined supply
chain services, so you can focus on your business' core capabilities and on
meeting your customers' expectations.
Our network of worldwide distribution facilities, combined with our global
transportation services, enables same-day critical order fulfillment, returns
management, and service parts logistics. We provide time definite delivery
nearly anywhere in the world for reliable management of service level
agreements.
Capabilities in logistics design, re-engineering and management, and service
parts logistics make us the provider to turn to when you want a single, trusted
source for product or parts distribution.
We offer services in:
§ Order fulfillment: Pick, Pack, and Kitting
§ Repair and refurbishment
§ Reverse logistics
§ Service parts logistics
Reverse Logistics:
The reverse logistics supply chain is the one that can
have a significant impact on customer perceptions and organizations bottom
line.
FLYJAC offers reverse logistics supply chain design that will accelerate both
the order to delivery cycle as well as the cash to cash cycle.
We leverage our experience in designing and implementing reverse logistics
solutions across various industries.
Returns Management :
ØOur
full spectrum of integrated reverse logistics services are tailored to your
needs.
ØWe
increase cash flow by shortening asset reutilization cycle times, lower costs
through Ømore
optimized inventory levels, and enhance customer satisfaction.
ØProductivity
is improved as well because your management spends less time dealing Øwith
product return issues.
ØWhen
they do, the Returns Management Adjudication (RMA) process is handled within a Øconvenient,
Web-based environment.
ØWhen
you tap our specific expertise, you gain the ability to assign more capital to
your Øore
business competencies.
IT Enabled Services:
Supply chain is about getting the right information to the
right person at the right time.
FLYJAC applies proven technologies to increase supply-chain performance. FLYJAC
sends and receives purchase orders (PO) and Advance Ship Notices (ASN)
electronically. FLYJAC supports PO/shipment tracking application on the
Internet.
We offer a complete range of IT solutions to keep your goods moving, from the
raw material source to end customers, worldwide. Our systems deliver increased
efficiency, reliability and responsiveness through automation of supply chain
activities.
Our IT solutions include:
ØShipment
Visibility: Powerful tools that let you monitor and
manage shipments, on the move and in the warehouse.
ØProduct
Data: Product data connectivity throughout the
supply chain - from any vendor or location.
ØWarehouse
Management: Competitive advantage in warehouse
efficiency, cycle time and order fulfillment.
ØTransportation/Freight:
Specialized technologies to minimize rate freight costs and ensure on-time
delivery.
CRM:
Our unique CRM web application, builds communication
and trust with a series of components that let us mutually monitor expectations
and performance for integrated logistics programs. Accessible to both approved
service provider and customer personnel through a password protected browser
interface, it is a powerful tool to enable sharing of information and provides
a constructive place to begin resolving any issues
ØTHE
CRM OFFERS MULTIPLE POINT TRACKING
ØCUSTOMER
PO BASED TRACKING FOR IMPORTS
ØSO
BASED TRACKING FOR EXPORTS
ØDOCUMENTS
CAN BE SCANNED AND ATTACHED
ØVISIBILITY
OF INFO TO EVERYONE IN THE CHAIN
ØLOGISTICS
COST VISIBILITY THROUGH A/C PAYABLE LISTING
Supply Chain Services:
Ø
3PL SERVICES :
Client : GE POWER CONTROLS :
· PRODUCTS: LT SWITCHGEAR
· OPERATES THE CENTRAL DISTRIBUTION
CENTER AT BANGALORE
· INBOUND CONSOLIDATION FROM VENDORS INTO CDC
· INBOUND INTO CDC FROM FACTORIES
· ORDER PROCESSING
· ORDER FULFILLMENT TO THE DISTRIBUTORS ACROSS
THE COUNTRY
· INVENTORY CONTROL (CYCLE COUNTS AND AUDITS)
· FREIGHT MANAGEMENT
· SECONDARY PACKING
· CUSTOMER SUPPORT FOR DISTRIBUTOR QUERIES.
Client : GE LIGHTING :
· PRODUCTS: LAMPS & LUMINAIRES
· OPERATES 17 LOCATIONS IN INDIA
· ORDER PROCESSING
· ORDER FULFILLMENT TO DEALERS AND DISTRIBUTORS
· SALES SUPPORT ACTIVITIES
· CUSTOMER SUPPORT
· INVENTORY CONTROL
· FREIGHT MANAGEMENT AND CONTROL
· ONLINE TRANSACTION PROCESSING SYSTEMS
Client : GATES UNITTA (INDIA) PVT LTD :
· PRODUCT: TRANSMISSION BELT DRIVES FOR AUTOMOTIVES
· INBOUND TRANSPORTATION FROM INTERNATIONAL
GATES LOCATIONS
· CUSTOM BONDED WAREHOUSING
· RE EXPORT TO ASEAN COUNTRIES.
· CENTRAL DISTRIBUTION CENTRE AT CHENNAI
· ORDER PROCESSING
· ORDER FULFILLMENT TO CUSTOMERS ALL OVER THE COUNTRY
· INVENTORY CONTROL
· FREIGHT MANAGEMENT
Client : BAJAJ ELECTRICALS :
· PRODUCTS: FANS & APPLIANCES
· CENTRAL DISTRIBUTION CENTRE AT MUMBAI
· ORDER PROCESSING AND ORDER FULFILLMENT
· FREIGHT MANAGEMENT
· OUTBOUND DELIVERIES ALL C&F LOCATIONS IN INDIA
Ø
5PL SERVICES :
· FARIDA SHOES, AMBUR, TAMIL NADU. LEADING
EXPORT
HOUSE FOR FOOTWEAR. TURNOVER 400CR.
· OTIS ELEVATORS INDIA PVT LTD. BANGALORE
LEADING MANUFACTURERS OF ESCALATORS AND ELEVATORS
IN INDIA.
· INHOUSE MANAGEMENT OF RECEIPT AND FINISHED GOODS STORES.
· INBOUND CONSOLIDATION OF RAW MATERIALS FOR MANUFACTURE.
· KITTING FOR ISSUE TO PRODUCTION
· INVENTORY CONTROL AND MONITORING
· NON PO PURCHASES
· FREIGHT CONTROL FOR OUTBOUND DESPATCHES
· INHOUSE LOGISTICS DEPARTMENT
Ø
4PL SERVICES :
· INFORMATION FLOW SUPPORT TO CUSTOMERS THROUGH A WEB CENTRIC
PLATFORM.
· EXTERNAL CRM FOR CUSTOMER'S CUSTOMER TO PLACE AND
TRACK ORDERS ON
HIS PRINCIPLE
· EXTERNAL VRM FOR THE CUSTOMER TO MANAGE HIS
RELATIONSHIP
WITH VENDORS, ESPECIALLY IN A JIT OR CONTINUOUS
REPHLENISHMENT
MANAGEMENT PROGRAM.
· VENDORS CAN MANAGE THEIR INVENTORY AND MIN
MAX STOCK LEVELS INSIDE THE WAREHOUSE.
· TRACK THE STATUS OF ORDERS
· SHIPMENT PLANNING FOR CONSOLIDATION EFFICIENCY
· TRANSPORT PLANNING FOR COST CONTROL.
· THE APPLICATION WORKS AS AN EXTRANET FOR FIELD DATA COLLECTION
FOR
THE INHOUSE ERP.
· EDI INTEGRATION TO THE HOST ERP
Global Reach:
·
PRESENCE IN MORE THAN 40 COUNTRIES
· LONG STANDING AGENT RELATIONSHIPS
· MUTUAL VISITS BY FLYJAC AND AGENTS ENSURE CUSTOMER FOCUS
· INITIATIVES FOR CONSTANT UPGRADATION OF SERVICES
· “FOCUS INDIA” INITIATIVE FOR INDIA COMPLIANCE OF SERVICES
CMT REPORT [Corruption, Money
laundering & Terrorism]
The
Public Notice information has been collected from various sources including but
not limited to: The Courts, India Prisons Service, Interpol, etc.
1] INFORMATION
ON DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court
Declaration :
No records exist to suggest that subject is or was the subject of any
formal or informal allegations, prosecutions or other official proceeding for
making any prohibited payments or other improper payments to government
officials for engaging in prohibited transactions or with designated parties.
3] Asset
Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record
on Financial Crime :
Charges or conviction registered
against subject: None
5] Records
on Violation of Anti-Corruption Laws :
Charges or investigation registered
against subject: None
6] Records
on Int’l Anti-Money Laundering Laws/Standards :
Charges or investigation registered against
subject: None
7] Criminal
Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation
with Government :
No record
exists to suggest that any director or indirect owners, controlling shareholders,
director, officer or employee of the company is a government official or a
family member or close business associate of a Government official.
9] Compensation
Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA
INFORM as part of its Due Diligence do provide comments on Corporate Governance
to identify management and governance. These factors often have been predictive
and in some cases have created vulnerabilities to credit deterioration.
Our
Governance Assessment focuses principally on the interactions between a company’s
management, its Board of Directors, Shareholders and other financial
stakeholders.
CONTRAVENTION
Subject
is not known to have contravened any existing local laws, regulations or
policies that prohibit, restrict or otherwise affect the terms and conditions
that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US
Dollar |
1 |
Rs.45.30 |
|
UK
Pound |
1 |
Rs.78.45 |
|
Euro |
1 |
Rs.54.88 |
SCORE &
RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
6 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
54 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit
history (10%) Market
trend (10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong) capability
for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |