TVS Supply Chain Solutions is a prominent provider of comprehensive supply chain management services catering to international organizations, government entities, as well as large and medium-sized businesses.
The company operates through two key segments:
Integrated Supply Chain Solutions (ISCS):
Under this segment, TVS SCS offers a wide array of services, including sourcing and procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods management, aftermarket fulfillment, and supply chain consulting.
Network Solutions (NS):
The NS segment encompasses essential solutions such as Global Forwarding Solutions (GFS), which entails managing end-to-end freight forwarding and distribution across various modes including ocean, air, and land. Additionally, NS includes warehousing services, port storage, value-added services, and Time-Critical Final Mile Solutions (TCFMS), which involve comprehensive logistics support including spares logistics, break-fix services, refurbishment and engineering support, and efficient courier and consignment management.
In Fiscal 2022 and the nine-month period ending on December 31, 2022, TVS SCS effectively delivered its supply chain solutions to a remarkable 10,531 and 8,115 customers globally. In the same time frame, the company serviced over 1,044 and 733 customers in India, showcasing its strong presence both domestically and internationally. Impressively, as of December 2022, TVS SCS’s clientele comprised 72 enterprises listed in the ‘Fortune Global 500 2022’, with 25 such companies in India.
The company’s diverse client portfolio spans various industries, including Automotive, Defence, Engineering, Fast-Moving Consumer Goods (FMCG), Rail, Utilities, E-commerce, and Healthcare. Some of the notable clients include Sony India Private Limited, Hyundai Motor India Limited, Johnson Controls-Hitachi Air Conditioning India Limited, Ashok Leyland Limited, TVS Motor Company Limited, Diebold Nixdorf, TVS Srichakra Limited, Lexmark International Technology Sarl, VARTA Microbattery Pte Ltd, Daimler India Commercial Vehicles Private Limited, Hero MotoCorp Limited, Modicare Limited, Panasonic Life Solutions India Private Limited, Dennis Eagle Limited, Electricity North West Limited, Yamaha Motor India Private Limited, Torrot Electric Europa, S.A., and several others.
In terms of financial performance, TVS Supply Chain Solutions achieved a substantial total income of ₹92,999.36 million during Fiscal 2022.