Tag Archives: Aitken Spence Logistics

Aitken Spence Technologies commences Oracle E-Business Suite R12 Project for Aitken Spence Logistics

22 Jun

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Aitken Spence Technologies together with Aitken Spence Logistics – Sri Lanka’s leading integrated logistics provider has successfully initiated the commencement of R12 Oracle E-Business Suite modules to the Company’s Logistics facility in Mabole, Wattala on the 11th of June 2015.

The Oracle E-Business Suite modules include Warehouse Management, Service Contracts, Depot Repair, Enterprise Asset Management, Inventory, Purchasing and Receivables. The implementation of the R12 Oracle E-Business Suite enables Aitken Spence Logistics to adapt readily to their industry’s ever changing requirements, and enhance their customer satisfaction by providing tailor made solutions; while bringing greater efficiency through streamlined business processes.

Project Steering committee members, Project Managers and Oracle Consultants stated the key objective of the project were highlighted with the Automating of Container Tracking Function (Depot), Container Repair Function, Functions of the Container Freight Station and Asset Management Function. The deployment of system has allowed integrated solution which enables the company to rectify any errors and cater to the changing needs of Aitken Spence Logistics, increasing the customer satisfaction and retention.

Project commencement meeting was held at Aitken Spence Logistics premises with the presence of its project steering committee members; Vipula Gunatilleka Chief Corporate Officer – Aitken Spence Group Ltd & Managing Director – Aitken Spence Technologies, Nilantha Wakwella Managing Director – Aitken Spence Logistics, Dhammika Dasa Chief Operating Officer – Aitken Spence Technologies, A.M.M Amir Vice-President – Aitken Spence Logistics, Fahad Cader General Manager Aitken Spence Technologies, Sharmilal Anthony Assistant Vice-President – Aitken Spence Logistics and Chinthaka Abeykoon Manager for IT – Aitken Spence Logistics were present.

Ajith Ranatunge Audit Manager – Aitken Spence Logistics, Rifkhan Ahamed Senior Oracle Functional Consultant and Anas Marikkar Senior Oracle Functional Consultant were also present.

Aitken Spence Technologies and Aitken Spence Logistics arms of Aitken Spence PLC – Sri Lanka’s leading and most respected corporate entities has operations in South Asia, the Middle East, Africa and South Pacific. It is an industry leader in hotels, travel, maritime services, logistics, power generation and printing, with a significant presence in plantations, financial services, insurance, information technology and apparel.

The project is scheduled to go live in January 2016, bringing about efficiencies through optimum usage of Oracle E-Business Suite and further complement its integrated logistics solutions.

Aitken Spence 6-month PBT Up by 13pc

11 Nov

Diversified conglomerate Aitken Spence PLC posted a pre-tax profit of Rs. 2.29 bn for six months ended 30th September 2014, an increase of 13 per cent from the corresponding period last year.
The blue chip’s half-year revenue soared by 23.7 per cent to Rs. 19.7 bn, results released to the Colombo Stock Exchange revealed. Profit attributable to equity holders rose by 8.1 per cent to Rs. 1.3 bn while earnings per share improved by 8.1 per cent to Rs. 3.27, over the corresponding period.
Aitken Spence PLC is among Sri Lanka’s most dynamic and respected corporate entities with operations in South Asia, the Middle East, Africa and the South Pacific. Listed in the CSE since 1983, it has major interests in hotels, travel, maritime services, logistic solutions and power generation. The group also has a significant presence in plantations, printing, garments, financial services, insurance and information technology.
Inbound travels sector contributed strongly to the broader tourism sector’s performance during the period under review. Aitken Spence Travels, a joint venture with global giant TUI, is Sri Lanka’s largest destination management company with a leading presence in the Maldives.
Aitken Spence is presently in the midst of two substantial hotel projects in Sri Lanka worth approximately 18 billion rupees. Heritance Negombo, which is expected to be Negombo’s landmark destination will be a high-end 142-room resort, expected to open in 2015. A joint venture with globally renowned RIU Hotels, the 500-room RIU Ahungalla will be the largest hotel out of Colombo with opening date set in 2016.
Strong returns from Port Terminals Ltd which runs ports in Fiji made a significant contribution to the Maritime Cargo Logistics sector’s performance.
Considerable growth in the Printing and Garments businesses helped the Strategic Investments Sector record a robust performance during the six months.
In September, the Apparel business unit began the refurbishment of a new expanded facility that would double its capacity. The new factory in Koggala which is expected to be operational in December this year will be employing 1500 staff.
Aitken Spence Printing, an industry leader, recently invested in additional machinery to bolster its post-press facilities.
The increased generation by the Group’s Embilipitiya power plant strengthened the performance of the Strategic Investments sector during the reporting period. The company sold its power plant in Matara during the period under review.
The Balance Sheet during for period under review reflected the Aitken Spence’s recent acquisition of a hotel property in Chennai.

Aitkenspence head office

Aitken Spence Logistics opens its new Container Repair and Rigging Facility

23 May

Aitken Spence Logistics further strengthened its service portfolio by opening its new, state-of–the-art container repair and rigging facility at the Aitken Spence Inland Container Terminal located in Mabole, Wattala recently.

The new container repair and rigging facility was declared open by Mr. J M S Brito Deputy Chairman and Managing Director of Aitken Spence PLC together with Dr. Parakrama Dissanayake, Chairman of Aitken Spence Maritime and Director Aitken Spence PLC with the presence of Ms. Stasshani Jayawardena, Director of Aitken Spence PLC, Mr. Nilantha Wakwella, Managing Director of Aitken Spence Logistics and several Directors of Aitken Spence.

Dedicated to catering to the new era of container conversions and repair services – the 24×7 operated, all-weather and under shed facility boasts of high quality standards by handling heavy repairs of containers, GOH conversions and container washing. The EDI and CEDEX computerized information systems in the facility provides instant reports on container history and repair details, repair statistics, estimates as well as projections for future bookings.

“Having pioneered the concept of logistics in Sri Lanka, we will continue to provide demand chain management solutions” noted Dr. Dissanayake, at the ceremony.

Aitken Spence is Sri Lanka’s largest logistics operator with a longstanding track record of superior performance and pioneering services covering the whole gamut of logistic operations from container handling, cargo, courier and supply chain management. Its maritime services arm represents leading shipping lines and manages container terminal operations in the Africa and the Pacific.

With its future developments in mind, Aitken Spence Logistics intends to provide, high quality repairs of Reefer Containers, pre-trip inspections and monitoring.

Logistics Opening - Group Photo

Aitken Spence Logistics is a subsidiary of Aitken Spence PLC which is among Sri Lanka’s leading and most respected corporate entities with operations in South Asia, the Middle East, Africa and the Pacific. Listed in the Colombo Stock Exchange since 1983, Aitken Spence has major interests in hotels, travel, maritime services, logistics and power generation. The group also has a significant presence in plantations, printing, financial services, insurance, information technology and garments.

Reliably Consolidated

29 Dec


Not unlike its counterparts, under the logistics umbrella, Aitken Spence Containers, began as a division of Aitken Spence Shipping and was based in Vauxhall Street. Spearheaded at the time by the inimitable Mr. Suriyakumar, who personally visited the port to work on the containers until the historic night in 1979 the Ports Authority made a sudden decision to move all containers out of the area, for want of space. Given just two or three days to make the move, the outfit cleared and re-located to a company-owned land in Mattakuliya, from whence it continued to function as a division of Aitken Spence Shipping. In 1981, it was incorporated as Ace Containers.

In 1989, security restrictions in the Mattakuliya area forced another move. This time, to the eventual 20 acre land in Mabole. This shift proved to be an unexpected gold nugget, for in expanding the initial 12 acres, Ace Containers found a spring board for diversification. The experience in filling and developing the land led to the purchase of the adjacent seventy perches, which were then re-sold for housing development.

The company, which processes a container every two minutes, was the first container depot in Sri Lanka has been the largest transport operator for the last 5 years, with at least 100 trucks on the road at a given moment. It currently has the biggest bulk liquid transportation service in the country. In addition, they have pioneered services such as multi-country consolidation, third party logistics and transportation and installation of over-dimensional cargo.

Competitors, including the likes of John Keells and Hayleys, have come and gone. Yet, Aitken Spence Containers has endured. The company, which began as a container depot operation and later grew into a diversified company, credits its success to several factors which includes the ability to diversify at the right time. The fact that when the company started, capital investment was much less and that they now have the resources to service customers with little to no down-time, is a result of the dedication and teamwork of the staff.

Sources from within, give credit to all the dedicated staff, for they all play an important role. Employees are empowered and encouraged to discuss issues openly, via regular meetings and unit outings. An open-door environment is cultivated: fostering the feeling that work is less like an office and more like a second home. Indeed, the building exudes an air of confidence on entrance. For, far from the confused bustling about seen in other companies of this nature, staff are seen working quietly. Conversations observed are not carried out in hushed, hurried tones but, in poised, secure voices. This reflects in the company’s success, for it has grown over 100% in the last five years and is one of the most asset-rich companies in the group.

It is the teamwork seen here that convinces the observer, that the company’s plans for eventual regional expansion will meet with nothing less than resounding success.

Ace Magazine – Issue 7 – Vol 1

 

Ships Ahoy!

6 Dec

Looking back through the annals of time, Aitken Spence Shipping, having been in existence since 1868 from whence the Group records its establishment, features prominently in Sri Lanka’s seafaring and logistical past. From its inauspicious initiation, headquartered within the Galle Fort in the “Clan House,” Clark Spence, as it was then known, was to become the foundation stone of today’s multi-national Aitken Spence PLC.

In the fairytale of shipping, the company which began as a trading company, plying plumbago and spice and importing coal for the power plants, acquired its first agency, the Scottish-owned Clan Line and history, as they say, was truly made. In 1873, Clark Spence became the local agent for Lloyd’s of London.
Not long after, P.G. Spence made the epic decision to move his headquarters to Colombo and formed a new partnership with Thomas Aitken. The company, which was to become Aitken Spence PLC, was born in 1876. In time it became the Colombo representative for Lloyd’s of London.
At a time when shipping was in its infancy in Sri Lanka, Aitken Spence Shipping, along with E. Coates, the only other shipping agency of the era, practically ran the operations at the harbour, supplying labour and general administration for its smooth running. It was during this time that the company first started targeting casual callers, building up a reputation for excellent service and quick attention, gaining it many more agencies. To date, Aitken Spence Shipping’s reputation ensures that it is the most sought-after agency for casual callers, as they require speedy assistance for varied tasks, ranging from radio repair to appropriate handling of the recently deceased.
However, it is noteworthy that Aitken Spence Shipping’s continuation throughout history and into the future, was not only based on a reputation for high standards of ethics and services that the company has become synonymous with but, also for the culture of sustainability that can be traced back to its very roots. Journals of internal memos, dating back to the early 1900’s show a concern for the environment and in-built mechanisms for re-using and re-cycling. For example, instructions to employees to utilise the back of old envelopes for internal notes.
Speaking with Mr. Nimal Perera, Joint Managing Director of Aitken Spence Shipping and Mr. A. Bews Rodrigo, a former Manager at the Galle office of Aitken Spence Shipping, it becomes apparent that the tale of families and histories, intertwined, did not end with the formation of Aitken Spence.

As Mr. Perera and Mr. Rodrigo reminisce of days, berths and shipping lines gone by, it becomes plain to the bystander that whilst Aitken Spence Shipping was tangibly built on shipping lines and a reputation for excellent service, the true foundations were in fact the bonds of camaraderie between the employees, of storms weathered both on land and sea, a feeling of history being made, that built an inauspicious trading company into an international corporation. These would-be random thoughts are re-iterated by the experiences of both Mr. Perera and Mr. Rodrigo. Mr. Rodrigo, who retired from the company in 1999, when the Galle office was permanently closed, is a 3rd generation Rodrigo to have worked at Aitken Spence Shipping and his 38 years of service to the company, combined with those of his father and grandfather before him, add up to a total 75 years of service from one family! The former, a Chemistry major, who joined the company on graduation and enjoyed himself so much, that he stayed on and the latter, having joined on leaving school quite, simply states, “If I had the chance again, I would take the same job.”

Ace Magazine – Volume II – Issue 7

Logistics Scores Again

16 Nov

BVC MendisWhen Chaminda Mendis went on-line to check whether he had passed his Container Inspector’s Examination, he received a pleasant surprise. With a score of 97%, he had obtained the second highest percentage in the world.

Regulated by the Institute of International Container Lessors (IICL), which encourages high standards of inspection in the container and chassis industries, passing this logistics-orientated exam is mandatory for inspectors wishing to keep their license. With the certification valid for a 5 year period, Chaminda will next sit the exam in 2012.

With the qualification enabling holders of the license to guarantee high standards in their work, Chamindra is quick to pay tribute to other members of Aitken Spence Logistics who renewed their licenses.

‘It is important that we always look to improve our standards,’ he explains. ‘Our customers are very important to us and we must strive to get even better and offer them more value.’

Chaminda, who is married and lives in Ja-Ela, has his sights on future accomplishments. As well as hoping to improve on his 97% in 2012, his current ambition is to keep learning and acquire more knowledge. There are other logistic-related exams for Chaminda to tackle and he certainly has the appetite for professional development and surpassing his own goals.

‘Ranking second in an exam taken by experts in 26 countries is a magnificent achievement,’ says Mr. Manchanayake, the Deputy General Manager at Aitken Spence Logistics. ‘We are all very proud of him and his feat has certainly inspired his colleagues.’

2008 – Ace Magazine Issue 1