TVS Logistics signing a contract for warehousing with Hindustan Motors

TVS Logistics Services Limited (TVS LSL) has bagged the spare parts warehousing contract for Hindustan Motors Limited. With this contract, TVS LSL will be responsible for managing the end-to-end warehousing solutions in parts distribution centre (PDC) for Hindustan Motors Limited at its Tiruvallur plant near Chennai. The contract, valid for a period of two years, will see TVS LSL offer spare parts storage facility to HM for both its existing portfolio of products and upcoming products.

The outsourcing of warehousing activity will allow Hindustan Motors to focus on service quality, product management, reduction in lead time of order execution and improving stock accuracy. TVS LSL’s customized fulfillment of end-to-end solutions will ensure uninterrupted availability of spare parts across the country for Lancer, Pajero, Cedia, Montero, Outlander and Lancer Evolution (Evo X) range of vehicles from PDC - Hindustan Motors’ Tiruvallur plant.

Commenting on the occasion, P. Vijayan, chief operating officer of Hindustan Motors’ Chennai car plant, said, “We are glad to have the services of TVS Logistics for our warehousing solutions and for distributing spare parts and tools across the nation for our key products. With their high level of expertise at the automobile logistics sector, we are confident that TVS LSL will add value to our business. We are looking forward to building a long working relationship between the organizations.”

R Shankar, chief executive officer - India, TVS Logistics Services Ltd., said, “Warehouse Management Solutions is one of the many specialized services that are being offered by TVS Logistics and we are delighted to offer this service expertise to Hindustan Motors. We consider this as a beginning of a new partnership that will go a long way in extending our value additions in the entire supply-chain business for them.”

TVS LSL will provide Hindustan Motors with expertise and project management capabilities in order to improve warehousing activities, focusing on .optimizing inventory, reduction of lead times in order execution and improving stock accuracy. TVS LSL will be responsible for implementing the required technological solutions that would be required to support the complete end-to-end supply chain ensuring maximum flexibility and real time visibility of inventory.