India Railway is set to make investment for the digitization of its supply chain.
“Indian Railways is heading towards digital age. Railways is working on enterprise resource program,” said Minister of Railways Shri Suresh Prabhakar Prabhu, inaugurating the Conference on “Digitization of Railway Supply Chain – A Leap forward in Ease of Doing Business” organized by Ministry of Railways in association with the Associated Chambers of Commerce of India (ASSOCHAM) and Indian Railway Institute of Material Management (IRLMM).
Integrated materials management system will help in optimum asset utilization of assets, efficiency in transaction, reduced cost of doing business. Integrated materials management system will also eliminate barriers by supply chain digitisation. Railways has taken initiatives in e-tender, e-auction, e-procurements and e-scrap.
Manoj Sinha, minister of State for Railways & Minister of State for Communications (Independent Charge) and Rajen Gohain, minister of State for Railways, and AK Mital, chairman of Railway Board, were also present.