Chennai : TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a renowned global provider of supply chain solutions and one of India’s largest and fastest-growing integrated providers, has unveiled a significant 5-year contract with Daimler Truck South East Asia Pte Ltd, a subsidiary of Daimler Truck AG, for Integrated Supply Chain Solutions (ISCS) services in Singapore.
This agreement cements TVS SCS’s position as a key logistics partner for Daimler Truck AG, the world’s leading commercial vehicle manufacturer, underscoring the company’s dedication to delivering outstanding logistics services between Germany and the Asia-Pacific region.
Daimler Truck South East Asia conducted a rigorous evaluation process before selecting TVS SCS to provide these new services. “The breadth and significance of this partnership underscore the confidence placed in TVS SCS to oversee crucial supply chain operations,” remarked Vittorio Favati, CEO of TVS SCS Global Forwarding Solutions.
The partnership between TVS SCS and Daimler Truck South East Asia aims to enhance logistics for spare parts distribution across 16 countries in the Asia-Pacific region. They manage 8,000 SKUs and 65,000 order lines annually, ensuring smooth transportation via various modes and offering a customized IT solution suite for efficient inventory management and ordering.
Mr. Favati expressed TVS SCS’s excitement about the new contract with Daimler Truck AG, emphasizing their commitment to supporting Daimler’s strategic goals in Singapore. Mr. Christoph Stemmer, from Mercedes-Benz Bus and Special Truck Sales SEA, highlighted TVS SCS’s unique service offer and their anticipation for a successful collaboration in the dedicated commercial vehicles warehouse.