The Indian logistics market holds a promising future, with estimated growth from $435 billion in 2023 to a predicted $650 billion by 2028. Government initiatives align with the vision to make India the third-largest economy by 2028, presenting ample opportunities across sectors. Logistics and supply chain are poised to significantly contribute to this growth.
However, challenges persist with its major pain points including compliance, regulations, technology integration, and navigating a global supply network, especially post-COVID. To address these challenges, the industry must embrace advanced technologies, forge strategic partnerships, implement robust risk management strategies, and enhance capacity planning for an agile supply chain.
Positioned as one of the fastest-flourishing entities in the industry, INTEGRATED 3PL LOGISTICS stands out through its comprehensive supply chain solutions. Unlike singularly focused companies, the firm boasts a diversified portfolio that encompasses end-to-end services. From consultancy and packaging solutions to supply chain analytics, alongside conventional offerings like Contract Logistics, 3PL and warehousing, Implant Store Management.
INTEGRATED 3PL LOGISTICS delivers a comprehensive door-to-door service. This distinctive approach eliminates the necessity for clients to engage with multiple vendors, establishing the company as a singular, all-encompassing solution provider. “In our diversified portfolio, we offer clients a comprehensive, one-stop solution, eliminating the need to engage with multiple vendors.
Our dedication to a multifaceted product range ensures clients benefit from integrated and streamlined services, fostering a seamless and efficient supply chain experience”, emphasizes Sandip Pawar, Director.
INTEGRATED 3PL LOGISTICS follows a meticulous client engagement process, beginning with insightful consulting based on extensive experience in multinationals and OEMs of both directors. This background enables a profound understanding of client pain points, leading to effective, tailored solutions for the entire supply chain. The process unfolds with in-depth consultations, meticulous RFQ assessments, and proposed solutions. This progresses to detailed techno-commercial discussions, RFP responses, and concludes with agreement finalization and execution. This systematic approach ensures a comprehensive understanding of client needs, transparent discussions, and successful service execution.
“Our customer-centric approach ensures a seamless experience. Each client is assigned a dedicated account manager overseeing sales, operations, and finances, streamlining communication. Unlike the traditional MNC model, where tasks pass through multiple hands, our single-point contact ensures responsibility and effective communication throughout the entire supply chain process”, adds Sandip Pawar.
Unlike singularly focused companies, the firm boasts a diversified portfolio that encompasses end-to-end services
Since its inception in the financial year 2021, with a modest beginning in March, the company's substantial growth commenced in 2022-23 and continued into the present financial year 23-24. The revenue trajectory illustrates noteworthy progress, starting at 1.70 crore in the inaugural year, escalating to 2.5 crore, and further expanding to 3.75 crore this year, reflecting a remarkable 40 percent growth.
Achieving a notable 70 to 80 percent customer satisfaction rate, INTEGRATED 3PL LOGISTICS cultivates strong customer retainership. The firm has experienced robust client acquisition, extending its services to an enlarged clientele comprising 25 to 30, marking a significant stride in both the financial and client outreach aspects of its journey.
Going forward the firm envisions a dynamic future roadmap, with plans to expand the 3PL warehousing business to 300,000 square feet within the next 2-3 years, aiming for a 50 percent contribution to the portfolio. The forwarding company, currently generating 2.5 crore in revenue, targets a substantial increase to five crore in the next two years, emphasizing both financial growth and process optimization.
Manpower expansion is on the agenda, acknowledging the critical correlation between revenue augmentation and workforce enhancement. Seeking investors for the 3PL warehousing portfolio, the company is not only focused on financial backing but also strategic collaborations to elevate business prospects.
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