M&M opens spare parts warehouse in Jaipur; invests Rs 150 cr
Resource from: ET Auto.com Likes:323
Nov 22,2016
JAIPUR: Mahindra & Mahindra has inauguration its spare parts warehouse in Mahindra World City (MWC), Jaipur, on Monday. As the company’s first such warehouse in northern India, it will cater to the requirement of Mahindra customers in north and north western region of the country for both automotive and tractor spare parts.
Spread over an 11 acre plot with an additional 5 acres for future expansion, this spare parts warehouse aims to significantly reduce the order processing time for its customers based in North India. The processing time for the availability of spare parts and distance-to-market is expected to take less than 4 days.
The company will procure spare parts from over 1,000 vendors and 9 plants for this new facility. With an investment of Rs 150 crore, it will generate employment for over 450 direct and indirect employees.
The company said in a BSE filing, "This Regional Distribution Centre (RDC) is one of the first such facilities to implement SAP – EWM for lean processes ensuring simpler, faster, more accurate and efficient warehousing."
Hemant Sikka, Chief Purchase Officer, Automotive & Farm Equipment Sectors, Mahindra & Mahindra said “With a significant investment and employment generation, we are highly invested in the state of Rajasthan. I am sure this will also provide an impetus to the industrial growth of the region.”
Sikka further added, “At Mahindra we are committed towards creating awareness and ensuring availability of original spares among our customers and to that extent, the company is reasonably insulated from the threat of counterfeit spares. The warehouse in MWC Jaipur is part of our expansion strategy and going forward we will create a network of spare parts warehouses in West Bengal, Kanhe and the southern states.”
This is Mahindra’s 4th spare parts warehousing facility, with the others being in Kanhe for Automotive Parts, Bhiwandi for Tractor parts & Hyderabad for Commercial Vehicle Parts, which send out supplies directly to dealerships and in the open market.
The warehouse in MWC, Jaipur has a 4 storied warehouse for stock storage, and a store capacity for Rs 130 crore of inventory.
(ET Auto.com)
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