Bajaj Electricals outsources its entire logistics to Mahindra Logistics

Image
Capital Market
Last Updated : Mar 04 2021 | 10:04 AM IST
Bajaj 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

More From This Section

First Published: Mar 04 2021 | 9:38 AM IST

Next Story