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Tag: SCM

  • Snapdeal to invest $300 million in SCM, names Hardeep Singh as head infrastructure

    Snapdeal to invest $300 million in SCM, names Hardeep Singh as head infrastructure

    MUMBAI: Snapdeal is planning to invest $300 million this year to strengthen its Supply Chain Management (SCM), which is a key function of any e-commerce company. Additionally, the company has strengthened its SCM team with the appointment of Hardeep Singh as head – infrastructure.

     

    In his new role, he will help craft strategies for making Snapdeal’s Supply Chain systems future ready. This includes the entire gamut of network design, infrastructure and special projects.

     

    Singh comes with over 21 years of experience in various aspects of supply chain operations including – planning, warehouse management, driving process excellence, supply chain technology integration, end-to-end solutions design and implementation. Prior to his appointment at Snapdeal, he was at Bharti Retail as head – supply chain and infrastructure. During his stint at Bharti Retail and Bharti Walmart, Singh was responsible for driving the best-in-class strategies covering Supply Chain, IT and Real Estate.

     

    Previously, he was the CEO at Inlogistics, the first private container train operator to run on Indian Railways network. In his two decades long career, Singh has also worked with organisations like Hindustan Unilever, Asian Paints and Madura Fashion & Lifestyle.

     

    Snapdeal entered into a strategic partnership with Gojavas earlier this year. In order to further customer experience on the platform, the companies together launched innovative delivery services like four hour delivery, card-on-delivery and 90 minutes reverse pickups. Snapdeal’s flagship service, Snapdeal Plus has seen success since its launch a year ago. Currently, 60 per cent of the orders are Snapdeal Plus fulfilled up from seven per cent in January 2015. The SCM team at Snapdeal is 1000+ people strong and has grown five times since December 2014.

     

    Singh said, “Snapdeal has been consistently focused on delivering a superlative customer experience and the progress that the company has made in this regard is unprecedented. It is exciting to see a young company like Snapdeal launch innovative supply chain solutions and set new benchmarks in this space. I look forward to working with the dynamic team at Snapdeal.”

     

    Snapdeal co-founder Rohit Bansal added, “Supply Chain Management and Logistics form the back bone of the ecommerce industry. Our aim is to create a delightful experience for our customers and as the customers evolve, we need to constantly innovate and develop newer solutions to service them better. Hardeep comes with many, many years of rich experience in diverse and complex aspects of SCM. He will help us lay out the road map for our future supply chain management systems.”

  • SCM sells digital TV solutions business to Kudelski

    SCM sells digital TV solutions business to Kudelski

    MUMBAI: The California headquartered SCM Microsystems, which provides solutions that open the digital world has sold its digital TV solutions business to the Swiss based Kudelski Group. It has got $11 million in cash for the deal.

    Kudelski Group chairman and CEO Andre Kudelski says, “SCM pioneered removable security for digital broadcasting and has helped build a market for open systems in the digital TV industry. Removable security modules will become a key enabler of digital pay-TV services as the retail market continues to grow and develop.”

    SCM Microsystems CEO Robert Schneider says, “The sale of our Digital TV business furthers our strategy to consolidate and restructure our organisation around a more focused business model. With one headquarters and operational center in Germany, one development facility in India and a seasoned sales team in the U.S., we believe that we will be able to take advantage of market opportunities more efficiently and cost effectively.

    “Going forward, we intend to put our entire attention on leveraging our smart card and media reader businesses by providing industry-leading solutions for emerging markets such as e-health, e-passport, secure physical access, electronic payment and digital photo printing.”

    Under the terms of the agreement with Kudelski, SCM will sell substantially all of the assets that relate to its digital TV solutions business, including its office building in France, certain inventory, contracts, trademarks and intellectual property.

    In addition 40 employees in Europe and Asia are expected to join Kudelski’s newly created business focussed on providing secure pay-TV modules compatible with consumer electronic products for the digital TV industry. The products that Kudelski is acquiring include SCM’s DVB and OpenCable compliant conditional access modules, used to securely decrypt digital television broadcasts, as well as
    controller chips used in set-top boxes that interface with the decryption modules.

    The Kudelski Group works in the field of digital security. Its technologies are used in a wide range of applications requiring access control and rights management, whether for securing transfer of information (digital television, broadband Internet, video-on-demand, interactive applications, etc.) or to control and manage access of people or vehicles to sites and events.