Indian Railways is soon to be launching a digital contract to improve the business and transparency. 100% of E-tenders and E-auctions already started the system. The main aim of this digitization is for the flexibility and fast flow of material, information, etc.

Railway Minister Suresh Prabhu announced that a digital contract would be launched for the flow of supply chain on April 11th for the ease of stakeholders including industries, stakeholders, financial institutions and internal customers. The system will digitize all the manual processes in railways like bill submission, inspection, dispatches, receipts and bill passing and bill payments, warranty monitoring and the use of analytics and increase the supply chain system efficiently.

Railway Ministry Official stated that the Digitization of the supply chain is a tool for efficient, fast, transparent and seamless transactions.

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Indian Railway is a vast system and to manage everything digitally the system should be even more robust, secure and efficient, The supply chain involves an enormous expenditure of Rs. 50000 crores per annum and also generates a massive business and employment upstream. So the system that is going to be launched must be very efficient to accommodate all the services.

A railway official said that the system also helps to link budgets with outcomes. As the other businesses and governments are changing rapidly, he said that its time for the Railway system to enhance the services and increasing transparency and efficiency by introducing this digital system is an attempt to achieve this goal. He appreciated the commitment of the ministry regarding budget and support.

“This paperless digital contract management system where all the bids are made online and electronically is nothing but a new era in Railways. We completed the trail run, and we are so excited to launch the system as soon as possible.”Suresh quoted.

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An official claimed even the acceptance letter is also made digital with this system leading us forward to a digital decision system.The new supply chain digitization would focus more on the integration of information, physical flows, financial flow between our Railways and the supply chain organizations. The system made every business process in the supply chain management digital including the processes handled by different stakeholders.

The supply chain management is maintained by one online website which can handle a business of up to Rs. 50000 crore through 100 percent E-tenders. It can handle Rs. 2500 crore auctions through 100 percent E-auctions every annum. Not only them but also that can handle 52000 registered vendors, their supplies, 2664 registered bidders and the supply chain efficiently.

The whole system will be regulated from the headquarters located at 17 zonal railways and eight production units with over 300 field locations. Any change in the supply chain needs to be innovative and sophisticated. In the last few years, the Railways supply chain management is experiencing rapid changes with the e-tendering, e-auctions, and the whole decision-making process.

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Is your journey cancelled because of your wait-listed railway tickets are not confirmed? Don’t worry the Indian Railways has come up with a new solution for these type of problems. They introduced the Vikalp Scheme which is very helpful for the passengers who got waitlisted tickets. From 1st April 2017, passengers can avail this Alternative Train Accommodation Scheme which is more beneficial for waitlisted passengers.

Until now there is a mismatch between accommodations of reserved tickets, i.e., some trains run with additional passengers while some trains run empty even though both the train run the same direction. In order to get rid of this situation, Indian Railways introduced the Vikalp Scheme. According to the reports, this scheme is available through railways online portal IRCTC and later it will make available to counters.

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Under this IRCTC Vikalp Scheme, the wait-listed passengers can get confirmed berths in the next alternative train without paying any additional cost. For example, if you book tickets for Lucknow Mail which runs from New Delhi to Lucknow and you got wait listing. If you selected the option of Vikalp scheme, you could get confirmed ticket in the next train which runs on the same route.

The Alternative Train Accommodation Scheme is only available for the tickets booked through IRCTC. As soon as the chat prepared, if your train is still on a waiting list, you will receive an SMS which informs about activation Vikalp option. After activating you will get confirmed tickets details like new train name, berth number and coach number.

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If you opt for Vikalp Scheme, you can upgrade to a higher class by paying the difference in cost. For example, you had AC 3 wait-listed ticket which you have booked and got a ticket in Sleeper Coach in new train through Vikalp scheme. You can change to AC 3 by paying the additional amount in case the tickets are available in AC coach.

The Vikalp Scheme will be available only for the candidates whose tickets are still in waiting list even after the chart is prepared. Once you select the Vikalp Scheme option, you cannot board the train which you booked. Indian Railway Minister Suresh Prabhu said that they are started the Alternative Train Accommodation Scheme trial basis since 1st November on Delhi-Jammu, Delhi-Lucknow and Delhi-Mumbai. People can utilise the scheme in premium trains such as Rajdhani, Shatabdi, Humsafar and Suvidha trains also.