Thursday, February 27, 2025

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

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...