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Key Highlights:
• TVS Supply Chain Solutions was awarded a significant contract from VE Commercial Vehicles.
• Contract extends longstanding partnership dating back to 2006.
• Emphasis on process-driven approach by TVS.
• Shared commitment to strategic objectives highlighted by VECV.
• Deal aims to enhance logistics services and boost production efficiency.
TVS Supply Chain Solutions Limited announced that it has been awarded a new contract by Volvo Eicher Commercial Vehicles (VECV) to operate in-plant storage and logistics activities at the Eicher bus manufacturing facility in Baggad, Madhya Pradesh.
TVS SCS will provide logistics services at the Baggad site that include seamless inward operations for timely receipt of parts, efficient storage, and accurate picking of parts from defined areas following the Production Planning Control (PPC) team's needs.
Furthermore, providing parts to specified assembly lines based on the Bill of Material (BOM) would provide a consistent flow of materials and keep the manufacturing line efficient.
B Srinivas, EVP of VE Commercial Vehicles, also commented on the contract, stating, "The extension of our business opportunity to TVS SCS at our VECV Baggad plant highlights that both companies' shared commitment to achieving strategic objectives and desired outcomes, further solidifying the foundation for continued growth and operational excellence."
K Sukumar, CEO of TVS Supply Chain Solutions India, stated, "We are delighted to strengthen our partnership with VECV by expanding our services to their bus plant operations. This win demonstrates our process-driven approach and underlines our dedication to providing great services via technology-enabled solutions."
This new contract builds on an established relationship between TVS SCS and VECV, which began in 2006 with the administration of in-plant logistics at VECV's truck manufacturing plant in Pithampur, Madhya Pradesh.
This new agreement not only improves the relationship between TVS SCS and VECV, but it also demonstrates TVS SCS's ability to provide comprehensive, end-to-end supply chain solutions that improve production efficiencies and promote the growth of their clients' businesses.
The alliance has already created over 1200 job opportunities in Madhya Pradesh, demonstrating its socioeconomic impact.
Also Read: VEVC Sales Report April 2024: 3812 units sold, sales decline by 22.50%
CMV360 Says
TVS Supply Chain Solutions has won a big contract from VE Commercial Vehicles, their partner since 2006. They'll now handle logistics at VECV's bus plant in Baggad, Madhya Pradesh, focusing on smooth operations to boost production.
This partnership not only benefits both companies but also creates over 1200 jobs in the area.
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