Mahindra Logistics with Bajaj Electricals announces

Mahindra Logistics with Bajaj Electricals announces Project
‘SAMRIDDHI’ for integrated logistics services

~Association marks one of the largest deals in Indian logistics industry – in excess of ₹ 1,000 Crores contract value over the next 5 years~

Bajaj Electricals Limited (BEL) and Mahindra Logistics Limited (MLL) today 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 ₹ 1,000 crores over the next 5 years and is the outcome of a unique and collaborative solution. 

 

Working together closely, MLL 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. At the heart of the network, there will be two large ultra-modern mega-warehouses in Delhi and Mumbai, with latest technology, automation and skill-building, enhanced by environmentally conscious, greener & sustainable warehouse practices. This network will further operate  fully IT-enabled fulfilment centres from which BEL’s dealers, distributors, customers will enjoy market-leading delivery lead times. As part of the solution, MLL 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. There will also be a transition towards sustainable logistics using electric delivery trucks from EDel by Mahindra Logistics.

 

For BEL, this project marks a significant transition towards leveraging logistics management as a competitive advantage. Speaking on the occasion, Mr Anuj Poddar, Executive Director, said, "At Bajaj Electricals, we have been actively working towards various strategic initiatives to enhance value for our customers and other stakeholders. This collaboration with MLL is one such key initiative and I am confident that it will help transform our logistics, help us serve our customers efficiently, strengthen our competitiveness and also drive improved margins.

 

Commenting on this milestone for MLL, Mr. Rampraveen Swaminathan, CEO & MD said “I believe what we are aiming to do for BEL is truly unique and exceptional; enhancing service levels to their customers significantly, while simultaneously driving down costs . I don’t think this would be possible without the extensive use of technology - across network design, warehouse management and transport optimisation and control. Adapting our learnings from disparate industry verticals allowed us to create an innovative solution for the consumer durables and electronics business leveraging our reach, know-how and tech investments in equal parts.”

 

This association is a major end-to-end outsourcing of an entire logistics by a leading Indian business group. Bajaj Electricals and Mahindra Logistics will continue to seek areas of logistics collaboration across businesses as a means of achieving competitive advantage and cost optimisation.

 

Mahindra logistics adds 10,000+ seasonal jobs

 Mahindra logistics adds 10,000+ seasonal jobs
ahead of festive season

 ~Actively employing from LGBTQ+ community, People with Disabilities and Armed Forces~

Mahindra Logistics Ltd. (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers is likely to inject the much-needed cheer back into job openings ahead of the upcoming festive season. While MLL has already employed 10,100 people on a seasonal basis, a significant number of these employees will be retained in various operations. In addition to this, the company takes pride to add 40% staff to its third-party workforce during the pandemic.

Keeping true to its five-year roadmap, the company is actively employing differently abled persons, ex-servicemen from the armed forces and bridging the gender diversity gap by hiring more women from various backgrounds and experience. In FY21, MLL aims to hire over 500 persons with disabilities both on its rolls and the rolls of its business partners.

Gender diversity remains a challenge, specifically in the logistics sector. To bridge the gap, Mahindra Logistics is one of the sector leaders to initiate a special initiative called – ‘Udaan’ – a second careers (comeback) program and second career internship program for women at all levels, functions and divisions. The company has already started hiring women under Udaan program and the plan is to take this number to 50 by 2021. MLL has recently started hiring associates from transgender community at their warehouse in Bhiwandi, Maharashtra.

                                                                                   

Mr. Rampraveen Swaminathan, Managing Director and CEO, Mahindra Logistics Limited, said, “We encourage and value diversity amongst our employees, associates, business partners, customers and communities. It is therefore imperative to make MLL attractive for millennials, provide equal opportunity to women as well as persons with disabilities, recruit employees from diverse backgrounds like armed forces, and LGBTQIA workforce. We remain committed to our larger RISE purpose, by empowering these associates with skills which enables their long-term career development & employment” he adds.

MLL strongly believes that skill development is sacrosanct for a sustainable and independent workforce. In the last 2 years, the company has trained around 20,000 personnel (including drivers and warehouse operators) under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme of the Government of India.