TVS Supply Chain Solutions

TVS Supply Chain Solutions

Specializes in 3PL services across industries such as automobile OEMs, Tier 1&2, Retail & FMCG suppliers and buyers.

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$106m

IPO
Total Funding000k
CDPQ
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Mitsubishi
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More about TVS Supply Chain Solutions
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TVS Supply Chain Solutions (TVS SCS) is an Indian multinational company providing integrated supply chain services. Originating as a division of TVS & Sons in 1995, it was formally incorporated as TVS Logistics Services Ltd. in 2004 and rebranded to its current name in 2019. The company is promoted by the TVS Mobility Group and led by Executive Chairman R. Dinesh, a fourth-generation member of the TVS family who has been instrumental in its growth into a billion-dollar enterprise. His journey with the company began in 1995, steering its expansion across the globe.

The firm operates on an asset-light business model, leasing warehouses and vehicles, which provides flexibility and reduces capital expenditure. Its revenue is generated through two primary segments: Integrated Supply Chain Solutions (ISCS) and Network Solutions (NS). The ISCS division offers end-to-end services including sourcing and procurement, in-plant logistics, warehousing, and aftermarket fulfillment. The NS segment focuses on freight management and last-mile delivery. This dual-segment structure allows TVS SCS to cater to a broad spectrum of industries such as automotive, defense, consumer goods, e-commerce, healthcare, and utilities. Clients include major international organizations, government departments, and both large and medium-sized businesses.

TVS SCS differentiates itself through the extensive use of technology to manage complex supply chains. It provides customized, tech-enabled solutions that integrate with a client's own enterprise systems. These solutions include accurate demand forecasting, inventory planning, real-time tracking, and business analytics. The company employs advanced systems like Warehouse Management Systems (WMS), Transportation Management Systems (TMS), and visual AI for material identification and quality checks. This technology-first approach aims to optimize supply chain visibility, enhance operational efficiency, and lower total costs for its customers. The company has a significant global presence, operating in over 25 countries across India, the UK, Europe, the USA, and the Asia-Pacific region, managing over 25 million square feet of warehouse space. Following a series of strategic acquisitions to bolster its global capabilities, the company launched its Initial Public Offering (IPO) in August 2023.

Keywords: supply chain management, integrated logistics, global forwarding solutions, warehousing, freight management, last-mile delivery, automotive logistics, defense logistics, e-commerce fulfillment, healthcare supply chain, network solutions, procurement services, aftermarket logistics, supply chain consulting, asset-light business model, R. Dinesh, TVS Group, India logistics, supply chain technology, transportation management systems, warehouse management systems, data analytics, supply chain optimization

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Investments by TVS Supply Chain Solutions

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Wainwright Industries
ACQUISITION by TVS Supply Chain Solutions May 2013