 "Logistics")
Bajaj Electricals Limited (BEL) and Mahindra Logistics Limited (MLL) today made an announcement of signing an agreement for innovative Logistics optimisation and outsourcing arrangement.
The deal involves an end-to-end redesign and outsourcing of Bajaj Electricals’ logistics by Mahindra Logistics, with the twin objectives of achieving enhanced and industry-best service levels, and a cost saving in excess of 25 per cent.
The total contract value of the deal will be in excess of Rs 1,000 crore over the next five years and is the outcome of a unique and collaborative solution.
Working together closely, MLL has developed for BEL a fully redesigned and consolidated
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