Ola Electric accelerates profitability drive axing regional warehouses, optimising costs

Ola Electric has streamlined its distribution network by eliminating regional warehouses, now leveraging its 4,000 retail stores for inventory and deliveries. This move aims to enhance EBITDA margins by 10 percentage points, improve inventory management, and accelerate customer deliveries, while aiming for significant monthly cost savings of Rs 30 crore.

from Auto-Industry-Economic Times https://ift.tt/C6eLdPy