TVS Supply Chain Solutions expands footprint in North America
In a significant development within the supply chain management sector, TVS supply chain Solutions Limited, Waterloo, IOWA announced the opening of a new state of technology that is ready to increase its operational capabilities in the United States. This enlargement is in line with the company’s ambitious growth targets and underlines the commitment to providing more effective services to local producers.
Growth Orbit and Revenue Requests TVS SCS North America has achieved remarkable growth by obtaining a 20% compound growth rate (CAGR) in the last four years. The company is currently targeting a 500 million dollar revenue milestone, a target that reflects both its strong performance and increasing demand for integrated supply chain solutions in the region. Strategic expansion to the US market is a critical component of this growth strategy.
New facility details
The newly opened facility has spread to 225,000 feet square and equipped with advanced automation and robot technology.
Ravi Viswanathan, General Manager of TVS Supply Chain solutions, stressed the role of the facility in sampling the future of the supply chain management. “Our new facility in Iowa embodies the future of supply chain management, Vis said Viswanathan.
“ Operational Efficiercy, Reduce Lead Times, and Deliver Service Quality.
This facility is designed to support various production services, including added value assembly, locking, ranking and timely delivery.
The installation features Waterloo Plant contains important features that increase operational productivity. 6,800 feet square office area, a driver room and 30 installation slot door and two driving doors. These elements are designed to facilitate proper logistics operations and improve service provision for customers.
The opening ceremony took place in the presence of Iowa Governor Kim Reynolds and Waterloo Mayor Quentin Hart.
TVS Supply Chain Solutions Richard Vieites, CEO of North America and European, said, ız We are determined to expand our presence in the United States and to invest in the latest technology facilities to provide better service to our customers. ”
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