Bajaj Electricals (BEL) has signed a logistics optimisation and outsourcing contract with Mahindra Logistics worth over Rs 1,000 crore for the next five years. As per the agreement, BEL will outsource its entire logistics to Mahindra Logistics, which will also provide a complete end-to-end redesign.
It has been done with the twin objectives of achieving enhanced and industry-best service levels, coupled with a logistics cost saving in excess of 25 per cent. Mahindra Logistics has developed for BEL a fully redesigned and consolidated logistics network, with storage optimisation, transportation management and inventory movement through technology, best practice and automation.
Bajaj Electricals is an electrical equipments manufacturing company. It is engaged in the manufacturing of domestic appliances such as water heaters, mixers, food processors, microwave ovens, air coolers, steam & dry irons, etc.
Company Name | CMP |
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Crompt.Greaves Cons. | 325.40 |
Whirlpool Of India | 1466.60 |
Bajaj Electricals | 948.25 |
IFB Industries | 1491.00 |
TTK Prestige | 701.60 |
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