The captive logistics arm of India’s biggest online retailer Flipkart, Ekart is now receiving the rewards of its endeavors to minimize the cost of delivery and hence improve the efficiency through hook-up with other external clients.
Efficiency have improved at significant amount
Rohit Sharma is the vice-president and lead the operations and design at Ekart said that, “Our efficiencies have improved to high double digits in the past six months and in the case of large appliances, it is between 40 to 50%. In the past six to eight months, we have signed on clients such as Tata CLiQ and Voonik for Ekart’s services to external clients”.
Company signed Adidas as third party
The organization additionally joined Adidas as an external client to oversee shipments from the brand’s online channel.
Strategy has been initiated along with several others
The new strategy has been initiated since January and is concurring with several initiative changes in the vertical. Saikiran Krishnamurti, CEO of Ekart was replaced by chief operating officer Nitin Seth to head the vertical. Additionally the exit of Seth has made the Ekart’s management to report directly to Kalyan Krishnamurthy, CEO of Flipkart.
Company looks to enter several other segments
The company is seeking to enter the fast moving grocery business and consumer goods business by July along with the plans to take a gander at fulfillment centers for the category at a city level, initiating with Bengaluru.
Company increase its manpower
Sharma said that, “We have increased our captive manpower by 1020% since the start of the year and every new facility requires additional people. For slotted deliveries such as grocery, we already have manpower which is used to this kind of delivery timeline are now working with slotted deliveries for furniture. In June alone we have added over 300 pin codes to Ekart”.
Ekart is working with 6500+ pincodes
At present, Ekart covers more than 6,500 pincodes and had near 20,000 employees on its supply side, with a view to increase limits in front of the yearly annual Big Billion Days.
Amazon’s has also made a similar move
Earlier, Amazon, the biggest contender in the marketplace, also committed Rs 207 crore to enhance it capacity and network as a part of its logistics unit called Amazon Transport Services.