Logistics | News & Insights

Ekart’s Supply Chain Monetization Efforts Achieves 8X Growth

Published: November 26, 2024
Author: TEXTILE VALUE CHAIN
  • Ekart’s robust last-mile logistics network reaches around 98% of Indian postal codes, enhancing scale and efficiency
  • Ekart’s comprehensive services include last-mile deliveries, partial truckload (PTL) and full truckload (FTL) movements, warehousing, refurbishment and re-inventorization.
  • Ekart has become one of the go-to players for brands looking for enterprise supply chain solutions

Bengaluru – November 25, 2024: With its cutting-edge technology and superior operational skills, Ekart, one of India’s top 4PL supply chain firms, is still revolutionizing the logistics industry. With its efforts to monetize its supply chain and scale its operations, Ekart has grown eight times in the last three years, enabling retailers and brands to use Ekart’s logistics capabilities to satisfy consumer demand.

Supported by a fleet of 7,000 trucks and more than 50 million cubic feet of warehouse space, Ekart’s last-mile network covers 98% of Indian postal codes and can handle over 6 million packages per day. For Indian e-commerce firms, these skills have allowed for a 40% growth in zonal coverage and a 30% rise in Day-2 delivery. During the previous holiday season, Ekart was a crucial logistics partner for numerous well-known companies and brands, including Snapdeal, Roposo, Libas, Naaptol, Sassafras, and HomeCentre, which helped them continue to satisfy customers even during periods of high demand. While the market has been increasing by roughly 5–10% YoY, Ekart’s monetization efforts over the past five years have resulted in a 10x expansion of its clientele (Retail and D2C businesses).

With its most recent entry into providing full document delivery solutions for banks and non-banking institutions alike, Ekart has expanded beyond its primary e-commerce offerings. By guaranteeing dependable document transit across industries, Ekart’s ability to handle both secured and unsecured documents not only broadens its possibilities but also helps create a more resilient and integrated logistics network.

Mani Bhushan, Chief Business Officer, Ekart, said, “Our growth story is not just about numbers but the value we create for brands and consumers. Ekart’s capabilities reflect the immense potential of India’s logistics industry, and we are proud to contribute to its evolution. We remain committed to developing industry-first technologies and supply chain innovations, with a focus on driving efficiency and scalability. At Ekart, we believe our deep understanding of overall supply chains and relentless pursuit of efficiency is a key differentiator and enabler for the brands that we serve as well as India’s logistics ecosystem as a whole. Ekart has become a reliable option for brands looking to unlock supply chain value to scale their topline via extended reach and speed and improve profitability through efficiency and lesser handshakes by working with one trusted partner for end-to-end solutions.

Ekart’s end-to-end services, including last-mile deliveries, partial truckload (PTL) and full truckload (FTL) movements, and refurbishment, have led 25% of partners to adopt multiple solutions, optimizing their supply chain strategies. Today, more than 10% of the business can be attributed to E2E supply chain solutions, and Ekart has helped brands optimize their conversions by ~3-4% and optimize supply chain costs by ~10-12%.

Leveraging over a decade of expertise, Ekart empowers brands with agile supply chain solutions, enabling them to navigate disruptions and enhance omni-channel capabilities. The company’s strategic foresight underscores its agility, assisting brands to overcome supply chain disruptions and maintain operational excellence.

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