Bajaj Electricals Limited has signed an agreement with Mahindra Logistics Limited for complete end-to-end redesign and outsourcing of Bajaj Electricals’ entire delivery chain. The deal is expected to save Bajaj Electricals logistics cost by 25% or more. The total contract value will be in excess of ₹ 1,000 crores over the next 5 years.
Mahindra Logistics will offer a consolidated logistics network, with storage optimisation, transportation management and inventory movement employing automation. The company will manage two large ultramodern mega-warehouses in Delhi and Mumbai, with the latest technology, automation and skill building, enhanced by environmentally conscious, greener & sustainable warehouse practices for Bajaj Electricals. This network will further operate fully IT-enabled fulfillment centers from which Bajaj Electricals dealers, distributors, customers will be serviced. As part of the solution, Mahindra Logistics will be deploying a healthy mix of dedicated long-haul fleets and local distribution trucks, enabled by the latest tracking technology and control tower operations. Mahindra Logistics will use Electric Last-Mile Delivery Service (EDel) for Bajaj Electricals.
Bajaj Electricals network includes 20 branch offices, 478 distributors, more than 200,000 retail outlets across India and over 500 consumer care centres.
Mahindra Logistics has over 400+ corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce. The Company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people transport operations. Mahindra Logistics is part of the Mobility Services Sector (MSS) of the Mahindra Group.
