The Week – LP Logiscience – the Warehousing Arm of Liladhar Pasoo, Charts an Ambitious Growth Plan with a CAGR of 30 percent in the Next 5 years

Dice illustrating growth with an upward trend

LP Logiscience, the warehousing and contract logistics arm of the 100 year old legacy brand, Liladhar Pasoo, recently announced an ambitious growth plan, with several new launches and geographical expansions in the pipeline.

In the backdrop of COVID, the company has already grown 3X times with their multiclient facilities effectively supported with a strong tech enabled operations that helped them to tide over the challenges and thrive during the tough times.

Over the next 5 years, the company aims to further accelerate digital adoption, expand the geographical reach and build state-of-the-art warehousing facilities, keeping in mind a growth target of CAGR 30 per cent.

Liladhar Pasoo, the parent legacy brand of LP Logiscience, has shaped the logistics sector since its inception in 1919, and today has emerged as one of India’s most experienced integrated logistics and supply chain solutions provider. LP Logiscience was established a decade ago as the warehousing and transportation business arm of the legendary Liladhar Pasoo group and today handles over 3 million sq. ft. of storage space and a reach of 10000+ distribution pin codes PAN India. Since its inception, LP Logiscience has registered an impressive evolution, growing at the rate of 20 per cent – 25 per cent YoY. Now, it is ready for the next phase, with plans to set up state-of-the art warehouses with aggressive tech adoption and greener operations to qualify for environmental certifications that will help the brand to enhance its global reach.

Speaking about the sector at large and the growth trajectory of the company, Varun Gada, Director, LP Logiscience said, “The inception of LP Logiscience was done with 2 ideologies. One was to improve the overall standard of warehousing and transform it from the ‘godown’ methodology to a well-structured, scientific approach to creating state-of-the-art storage facilities, and second was the effective and timely adoption of technology to enhance efficiency, not only at the warehousing level but across the supply chain network. And we have been successful in the endeavour and the recent global crisis came as an opportunity to prove our resilience and the value we bring to the table for our clients and stakeholders. With a strong business model supported by an IT backbone, our multiclient warehouse setup offers customisation, and flexibility where our clients can continue to enjoy the superior services while only paying for the storage volume and throughput which has now become the natural extension of our business model. It is safe to say that we have an esteemed list of clienteles that not only values and appreciates the innovations that we bring to their business but is also equally thrilled to experiment and collaborate to solve new challenges with tech led solutions. In the coming years, we aim to continue evolving and leading the transformation of the sector, through tech enabled smart operations, and aim to grow at a CGR of 30 per cent, while also being focused on reducing carbon footprint while driven business efficiency.”

LP Logiscience is already respected as the arm of the legacy brand Liladhar Pasoo and has grown to become one of the leading warehousing and contract logistic service providers that brings the best in warehouse technology to the sector. Apart from all the standard WMS features of expiry, FIFO, location management, the company has also created its own customized solutions for their operations and a few industry-specific solutions. Additionally, all their warehouses are cloud connected, including hand held terminals which are used for all warehouse processes, and have a plethora of tech features, including ERP integration for clients, apps for sales teams showing the available inventory at the warehouse, a shipment tracking apps (TMS control tower), sales revenue monitoring with analytics and monthly division-wise sales target per cent, LP’s own EHS app for internal use by operations team, raising safety concerns and suggestions, and a cloud repository of MSDS and COA for their speciality chemical customers. In addition to the above, their time to setup a new warehouse for a new client is just 12 hours in their WMS, which plays a vital role when business continuity is of significance.

With the above infrastructure and processes in place, LP Logiscience is now set to work towards creating greener warehousing solutions with their Triple Zero sustainability policy. Through Vehicle-Integrated PhotoVoltaics, the company is investing in R & D with EV vehicles so as to remove all dependency on grid charging. Apart from solar power generation in warehouses, they are also exploring roof panels which are already solar ready and the original steel roof of the warehouse is not required at all.

Rain water harvesting and recycling through water treatment plants is also on the list to ensure they are able to reach close to a net zero water utilization for housekeeping and gardening purposes. In the next 3 years, the company aims to bring their state-of-the-art warehouses to tier two towns and metros with a faster go-to market access, like Lucknow, Coimbatore, Hyderabad, Bangalore, Kolkata and Surat while also introducing newer warehouses in Mumbai and Delhi.

LP Logiscience also have long standing partnerships with industry leaders for transportation and an enviable roster of long-standing client relationships with brands like Asian Paints, UPL Ltd, Total Energies, IMCD, Pidilite Industries, Momentive Performance Material, Nivea India among others.

LP Logiscience, the warehousing division of the 100-year-old legacy brand, Liladhar Pasoo, has been driving the transformation of the warehousing sector in India since its inception a decade ago. Apart from its scientific approach to specialised storage and warehouse management, LP Logiscience is also one of the leading Indian players to adopt smart tech enabled operations and focus on building carbon neutral/sustainable warehouses in India.

Liladhar Pasoo, its parent legacy brand has shaped the logistics sector since its inception in 1919, and since then emerged as India’s most experienced integrated logistics and supply chain solutions provider. Following in its footsteps, LP Logiscience has grown its warehousing and transportation business to 3 million sq. ft of storage space and a reach of 10000+ distribution pin codes PAN India within 11 years of inception. Today, LP Logiscience has brought about revolutionary changes in the contract logistics business to gain one of the highest market shares in the warehousing business to service the niche specialty chemical market. They have a footprint of 20 Branches all over India.

Surface Movement Solutions

At LP Logiscience, our land transport solutions offer a vast network of products and services to help our clients achieve a competitive edge. Our top-notch land shipping solutions ensure that your shipments are delivered reliably and on time, whether it's a single parcel shipment or the management of the entire surface supply chain. Our land transport network is equipped to transport goods of any kind to any location, with a track record of delivering millions of successful ground shipments with quality and timeliness.

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Air Movement Solutions

In the ever-evolving world of logistics, a comprehensive solution that combines speed, agility, and dependability is critical. At LP Logiscience, we offer a range of services to meet complex logistical requirements while maintaining an optimal balance between cost and speed to market. Choose a tailor-made solution that best suits your needs to start improving the efficiency of your supply chain. Our air movement solutions enable you to transport time-sensitive, high-value cargo quickly and efficiently, bypassing any supply chain disruptions caused by congested ports, labor shortages, or limited capacity. Whether used as a standalone service or in combination with inland transport modes, warehousing, and customs services, LP Logiscience is your ideal partner.

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Multimodal Movement Solutions

Our aim is to grow with our customers on their multi-sales channel journeys across various vertical markets such as retail, electronics, and healthcare, among others. We focus on developing capabilities that will lead to more standardized solutions in a dynamic environment. Our innovative pick and pack solutions and automation tools streamline e-commerce supply chains and allow for easier handling of seasonal peaks. Collaborating with a world-class logistics provider like LP Logiscience means getting better solutions. We handle all aspects of returns, from physical returns to quality checks, repairs, and disposals, ensuring that our clients' businesses run smoothly.

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Rail Movement Solutions

Our goal is to support our clients in their e-commerce journey across different vertical markets, such as retail, electronics, and healthcare. We strive to develop standardized solutions that cater to a dynamic environment, using innovative pick and pack solutions and automation tools that streamline supply chains and handle seasonal peaks. Working with a top-tier logistics provider like LP Logiscience guarantees superior solutions. We handle all aspects of returns, including quality checks, repairs, and disposals, ensuring seamless business operations. With our LCL rail freight multimodal service, we offer regular, scheduled departures and capacities across major city centers in India, providing reliability and flexibility for our clients.

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Temperature Controlled Movement Solutions

We understand the unique needs of perishable items and collaborate with cold chain partners to ensure they arrive on time and in perfect condition. Companies that can provide quality products with a long shelf life will have an advantage as demand for fresh products grows. However, this can be a challenging task, as perishable goods are fragile and require quick transportation. Maintaining a strict cold chain throughout the entire journey is essential to preserve freshness and taste. We adhere to all regulations when shipments cross borders to ensure that the process is as seamless and quick as possible. Our perishables teams at LP Logiscience provide safe and efficient transportation for temperature-sensitive cargo to exact specifications. Whether shipping fresh fruits and vegetables by land or air, our solutions ensure that temperature-sensitive products arrive on time and in perfect condition, with optimal transit times and modes of transportation. Our deep knowledge of various perishable commodities, including local legislation, allows us to provide safe and compliant international transportation from source to table. With real-time visibility from door to door, we monitor and steer your supply chain efficiently to ensure that end consumers receive products in the best possible condition.

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Environment

LP Logiscience's triple zero commitment to environmental sustainability encompasses a zero-waste supply chain. At every stage of our procedures, we prioritize adding value for the consumer and strengthening our competitive edge. Through complete waste prevention, we have modified the way materials move through our entire production process. Our zero-waste initiatives ensure that all materials are recycled or reused, eliminating the need to send waste to water sources, landfills, or incinerators. By reducing supply chain waste, we promote making better use of resources and developing goods and services that align with sustainability principles.

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Safety

At LP Logiscience, ensuring workplace safety, protecting our personnel, and promoting their well-being are critical components of our success and future. While technology can improve safety in modern warehousing, relying solely on safety precautions is not a solution. We prioritize ensuring that all our staff adhere to safety rules and procedures, not just for their safety but for the greater good of the brands they represent and our environment.

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CSR

A common goal: to help society progress.

LP Logiscience sees itself as a logistics partner that is part of a larger picture connecting people and communities worldwide. Giving back to the world and being a part of something bigger is central to our values. We work towards sustainable logistics to have a positive impact on the world around us. By transitioning to a zero-carbon business model and guiding our customers towards a zero-carbon future, we hope to make a difference for people living tomorrow. Our commitment to bringing about social progress has been constant since 1919, and we remain dedicated to this goal as the world around us evolves.

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