Stellar Value Chain Solutions Announced Rs 200 Crore To Boost Its E-Grocery Supply Chain
- BySheetal Sidhu | July 13, 2021
Stellar Value Chain Solutions, a tech-driven consumer supply chain company, has announced that it will invest Rs 200 crore to boost its e-grocery supply chain offerings in FY21-22. The investment will help the company to set up 25 fulfilment and sort centres across the country in the current financial year to strengthen its ecommerce supply chain network.Stellar said it has more than 12 million sq. ft. of Grade-A distribution centres, fulfilment centres, and transportation facilities across 30 cities, servicing 15,000 pin codes with 350 branches.
Anshuman Singh, Chairman and Managing Director, Stellar Value Chain Solutions, said, “Changed buying pattern of consumers and a sense of convenience has made e-grocery one of the attractive and highly competitive ecommerce segments. Our enhanced e-grocery supply chain will help companies develop a strong delivery backbone.” In addition, Stellar Value Chain Solutions has developed a specialised module called Stellar Productivity Enhancement and Engineering Design (SPEED) to enhance agility and efficiency of the grocery fulfilment centres by adopting advanced technology and automation. SPEED is ideal for the e-grocery players aiming to boost performance of grocery fulfilment centre operations, reduce the overheads and fully utiliae the storage capacity of those centres.
Its clientele includes more than 1,000 companies across various industries. Along with offering value chain transformation, the company provides tech-driven solutions for the supply chain, including express logistics, contract logistics, less-than-truckload transportation, temperature-controlled transportation, etc.
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