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FMCG companies get battle ready for localised lockdowns

Synopsis
Executives at large FMCG companies said they have stepped up supply chain agility. They are moving to a more decentralised and localised approach to minimise disruption on supply of key raw materials, and are ensuring adequate buffer stocks to prevent any unforeseen stock outages.
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Once bitten, twice hyper-prepared. Consumer goods companies said they have put their teams on hyperalert to ensure unhindered functioning of supply chains, distribution of goods and manufacturing – all to mitigate unexpected and sudden disruptions as states opt for localised shutdowns and curfews amid a second covid wave.
“We have put our teams on hyperalert; we are ensuring that inventory stocks are as close to demand centres as possible, supply cycles are quicker and in higher quantities,” said packaged water company Bisleri International chief executive Angelo George. ....

Karan Bhuwania , Manoj Menon , Sunil Kataria , Mayank Shah , Mohit Malhotra , Angelo George , Pradeep Shetty , Restaurant Association Of Western India , Bisleri International , Restaurant Association , Western India , Fmcg Industries , Fmcg Companies , Parle Products , Supply Chains , Godrej Consumer Products , கரண் புவனியா , மனோஜ் மேனன் , சுனில் கட்டாரியா , மயங்க் ஷா , மோஹித் மல்ஹோத்ரா , ஏஞ்சலோ ஜார்ஜ் , ப்ரதீப் ஷெட்டி , உணவகம் சங்கம் ஆஃப் மேற்கு இந்தியா , பிஸ்லெரி சர்வதேச , உணவகம் சங்கம் ,

Karkhana.io raises USD1.5mn in seed round led by Vertex Ventures SEA and India to build its on-demand cloud manufacturing platform

Karkhana.io logo
Karkhana.io raises USD1.5mn in seed round led by Vertex Ventures SEA and India to build its on-demand cloud manufacturing platform
ANI |
Updated: Jan 12, 2021 12:35 IST
Mumbai (Maharashtra) [India], January 12 (ANI/BusinessWire India): Karkhana.io, a B2B on-demand manufacturing platform, announced its seed round financing of USD 1.5 million led by Vertex Ventures Southeast Asia & India (Vertex Ventures SEA & India).
The company also saw participation from several industry leaders and angel investors. With this funding, Karkhana.io aims to fuel further growth and establish their technology platform to meet the burgeoning demand for custom manufacturing in India s manufacturing industry. ....

Kanika Mayar , Sonam Motwani , Businesswire India , Vertex Ventures Southeast Asia , Vertex Ventures , Executive Director , Karkhana Io , Vertex Ventures Sea And India , Cloud Manufacturing Platform , Electric Vehicles , Fmcg Industries , கனிகா மேயர் , சோனம் மோதுவணி , வெர்டெக்ஸ் முயற்சிகள் தென்கிழக்கு ஆசியா , வெர்டெக்ஸ் முயற்சிகள் , நிர்வாகி இயக்குனர் , கற்கன ஐயொ , வெர்டெக்ஸ் முயற்சிகள் கடல் மற்றும் இந்தியா , மேகம் உற்பத்தி நடைமேடை , மின்சார வாகனங்கள் , ஃப்ம்க்க் தொழில்கள் ,