Bajaj Electricals outsources its entire logistics to Mahindra Logistics
Capital MarketBajaj Electricals and Mahindra Logistics made an announcement of signing an agreement for innovative Logistics optimisation and
outsourcing arrangement. This deal is a complete end-to-end redesign and outsourcing of Bajaj Electricals' entire logistics by Mahindra Logistics, with the twin objectives of achieving enhanced & industry-best service levels, coupled with a logistics cost saving in excess of 25%. The total contract value, of this one-of-its-kind deal in the Indian Logistics industry, will be in excess of Rs 1,000 crore
over the next 5 years and is the outcome of a unique and collaborative solution.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content