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Aitken Spence non-tourism sectors record highest ever PBT of Rs. 5 bn in 2020-2021 - Vimarsana News

Aitken Spence non-tourism sectors record highest ever PBT of Rs. 5 bn in 2020-2021

During a turbulent financial year that was affected by the unprecedented COVID-19 pandemic, Aitken Spence Group’s non-tourism sectors delivered the highest ever profit before tax of Rs. 5.01 billion for the twelve months ending 31st March 2021 compared to Rs. 4.2 billion last year and partially offsetting the impact of the Group’s Tourism portfolio which recorded its worst year ever due to the devastating impact of the pandemic. The Group’s non-tourism sectors overcame multiple challenges including business disruptions, health and safety risks faced by the Spensonians and the overall sl...

Sea change: Global freight industry sails out of the digital dark ages - Vimarsana News

Sea change: Global freight industry sails out of the digital dark ages

By Nick Carey and Lisa Baertlein LONDON (Reuters) - If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly. Before July 2020, Austria-based MediaShop's deputy supply chain director says he would discover problems in his supply chain only when containers failed to arrive in Hamburg as scheduled. "It was like being in a tunnel where you had only a limited view of what was going on," Schneider said. Lost containers means lost sales for...