Bengaluru, May 08, 2024: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has won a new business contract from VE Commercial Vehicles (VECV) for managing their in-plant warehousing and logistics function at their Eicher bus factory located in Baggad, Madhya Pradesh.
VECV is a leading manufacturer of commercial vehicles and associated with TVS SCS since 2006 for in-plant logistics operations for their Truck plant in Pithampur, Madhya Pradesh. The new deal for VECV’s bus plant is for a period of three years. This two-decade strong partnership has helped to create over 1200 job opportunities in Madhya Pradesh.
Commenting on the new contract, Mr. K. Sukumar, CEO, TVS Supply Chain Solutions India, said, “We are delighted to further strengthen our partnership with VECV by extending our services to their bus plant operations. This win is a testament to our process driven approach and reflects our commitment to delivering exceptional services through tech enabled solutions. We are confident that our capability to provide end-to-end solutions will improve the production efficiency to our customer.”
Mr. B Srinivas – EVP, VE Commercial Vehicles, said, “The extension of our business opportunity to TVS SCS at our VECV Baggad plant underscores the shared commitment of both companies to achieving strategic objectives and desired outcomes, further solidifying the foundation for continued growth and operational excellence.”
In-plant logistics services for the Baggad bus plant comprise seamless inward operations for timely receipt of parts; efficient storage and picking of parts from defined locations based on the Production Planning Control (PPC) team; and delivering parts to designated assembly lines based on the Bill of Material (BOM), ensuring a steady flow of materials to maintain the efficiency in the production line.
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