"TVS SCS Renews Rolls-Royce Contract for Five Years"

TVS Supply Chain Solutions Ltd, a prominent global provider of supply chain solutions, announced on Tuesday the extension of its contract with Rolls-Royce, a renowned leader in technology and innovation, for a further five years until 2029.

This extension pertains to the Parts Distribution Centre (PDC) located in Singapore, which serves the Asia-Pacific markets for Rolls-Royce’s Power Systems business unit. The decision to prolong the partnership underscores Rolls-Royce's confidence and trust in TVS SCS' service performance and highlights the continued success of the collaborative efforts between the two companies.

The collaboration between TVS SCS and Rolls-Royce Power Systems regional centre, Rolls-Royce Solutions Asia (formerly known as MTU Asia), commenced in early 2013. The mutual objective was to enhance warehouse efficiency and productivity at the PDC through the implementation of an Automated Storage and Retrieval System.

By 2014, the project materialized with the completion of the ASRS warehousing system tailored to Rolls-Royce’s specific requirements. Since then, the facility has consistently demonstrated its efficacy, significantly contributing to improved overall warehouse productivity and efficiency.

Vittorio Favati, CEO of TVS SCS Global Forwarding Solutions, expressed delight at the contract renewal, stating, “We are delighted to continue our partnership with Rolls-Royce and contribute to the success of their Parts Distribution Centre in Singapore. The renewal of this contract is a testament to the efficiency and reliability of our tailored supply chain solutions. We look forward to further enhancing the operational excellence of the PDC and supporting Rolls-Royce’s continued growth in the Asia-Pacific region.”

Giovanni Spadaro, President of Global Markets at Rolls-Royce Power Systems and Managing Director of Rolls-Royce Solutions Asia, emphasized, “The extension of this contract for an additional five years underscores the shared commitment of both companies to achieve strategic objectives and desired outcomes, further solidifying the foundation for continued growth and operational excellence in the region."

HBL