Regulatory Disclosure Details
Implementation Details
Allcargo Logistics, one of India's largest integrated logistics solutions companies, has implemented Oracle Fusion Cloud Applications to support its mission of delivering customer-centric, digitally enabled logistics services worldwide. The implementation specifically focuses on finance operations using Oracle Fusion Applications for finance.
Operational Impact and Metrics
The implementation has resulted in several operational improvements:
- Standardized core business processes on a single integrated platform
- Reduced manual work through automation
- Strengthened governance and operational visibility
- Reduced month-end close time by 30 percent
Scale of Implementation
The system now supports:
- More than 4,000 users
- Over 700 operating units integrated onto the platform
Business Context and Rationale
Founded in 1993, Allcargo Logistics operates more than 700 facilities in India serving customers across diverse industries including e-commerce, automobile, and pharmaceutical sectors. The company needed to move off legacy on-premises systems onto a scalable cloud platform that uses AI to automate routine business processes, provide real-time visibility, and strengthen controls.
Technology Components Implemented
- Oracle Fusion Cloud Enterprise Resource Planning (ERP) for standardizing and automating finance processes
- Oracle Fusion Cloud Procurement for automating end-to-end procurement processes
- Provides consistent view of purchasing activity across distributed operations
Management Commentary
Sanjay Khiyani, Chief Information Officer of Allcargo Logistics, stated: "Digital transformation is central to our long-term growth strategy and our commitment to operational excellence. With Oracle Fusion Applications for finance, we have been able to bring more than 4,000 users and over 700 operating units onto a single integrated platform, giving us a foundation to use AI to simplify how work gets done, strengthen visibility, and support our continued growth."
Implementation Partner
The implementation was managed by Oracle PartnerNetwork (OPN) partner, Grant Thornton Bharat.
Company Business Structure Update
Under the composite Scheme of Arrangement, Allcargo Logistics has:
- Merged its Domestic Supply Chain business
- Demerged its International Supply Chain (ISC) business as Allcargo Global
- Domestic Supply Chain business houses Express Distribution and Consultative Logistics
Business Operations Overview
- Nationwide network covering 100% of India's districts
- Growing presence across Asia
- Key business verticals include Express Distribution, Air Freight, E-commerce Logistics, First and Last Mile Delivery
- Specialized B2C services: Laabh, Bike Express, and Student Express
ESG Commitment
The Allcargo Group remains committed to Environmental, Social, and Governance (ESG) standards and continues to invest in its people, technology, business processes, and operations. The Group has set a goal of achieving 100% carbon neutrality by 2040.
Listing Information
Allcargo Logistics Limited is listed on BSE Limited (Scrip Code: 532749) and National Stock Exchange of India Limited (Symbol: ALLCARGO).
#Tags: #AllcargoLogistics #OracleCloud #DigitalTransformation #SEBIDisclosure #RegulatoryCompliance #Neutral