BACKGROUND
Announcement of project “Samriddhi” between Mahindra Logistics and Bajaj Electricals Limited for integrated logistics services. The requirement is of a complete
end-to-end redesign of the entire logistics of their company.
Twin objectives of achieving enhanced & industry-best service levels, coupled with a logistics cost saving in excess of 25%
CHALLENGES
Clients' logistics cost was running at a current of 6% and needed to be optimized to the industry average of 3-4% in the next 2-3 years while maintaining the order delivery time of 72 hrs or less to RREP distributors at a performance level of 97.6% or more.
BUSINESS SOLUTIONS
- MLL has redesigned and consolidated the logistics network with storage optimisation, transportation management, and inventory movement through technology, best practices, and automation.
- At the heart of the network, there will be two mega-warehouses in New Delhi and Mumbai with the latest technology, automation, and skill-building enhanced by sustainable warehouse practices.
- The network will further operate IT-enabled fulfillment centers from which Bajaj Electricals Limited dealers, distributors, customers will have delivery lead times.
- Mahindra Logistics will deploy long-haul fleets and local distribution trucks enabled by tracking technology and control tower operations.
- There will also be a transition towards sustainable logistics using electric delivery trucks from eDeL by Mahindra Logistics.
- Transportation management and inventory movement through technology
- Efficient secondary distribution through multi-point delivery
- Greater asset utilisation using IOT monitoring
BUSINESS BENEFITS
- Check on Channel pilferage
- Enhanced warehouse efficiency
- Communication to a single vendor leading to increased accountability
- Consistency in services across all platforms due to TOC adherence
- An end-to-end redesign and outsourcing of client's entire logistics
- Innovative solution for the consumer durables and electronics business
- Enhanced warehouse efficiency to keep a check on channel pilferage and maintain consistency across services across all platforms
- Communication to a single vendor leading to increased accountability
- The transition towards a sustainable supply chain with the introduction of eDeL.
