Stellar Value Chain to invest ₹200 cr to fortify e-grocery supply chain
July 13, 2021: The tech-driven consumer supply chain company, Stellar Value Chain Solutions, will invest ₹200 crore to boost its e-grocery supply chain offerings in FY21-22 to set up 25 fulfilment and sort centres across the country.
July 13, 2021: The tech-driven consumer supply chain company, Stellar Value Chain Solutions, will invest ₹200 crore to boost its e-grocery supply chain offerings in FY21-22 to set up 25 fulfilment and sort centres across the country.
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 e-commerce segments. Our enhanced e-grocery supply chain will help companies develop a strong delivery backbone."
Apart from setting up fulfilment and sort centres, Stellar Value Chain Solutions will invest in technology integration as well to enhance operational efficiency. The company will also infuse money into rolling out a fleet of electric vehicles (EV) to develop an EV-based transportation network to facilitate e-grocery delivery.
In addition, Stellar Value Chain Solutions has developed a specialised module called Stellar Productivity Enhancement and Engineering Design (SPEED) to enhance the 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 the performance of grocery fulfilment centre operations, reduce the overheads and fully utilize the storage capacity of those centres.
The company has rolled out modern infrastructure in several Tier -1, 2, 3 cities. A strong HR team coupled with a learning and development program ensures recruitment and skill development training for the staff and upskilling for contract staff to make them operations ready for new sites within days.