High Spirit Commercial Bagging Growth with Bizongo
To shift an entire supply chain operation from 𝐒𝐡𝐚𝐧𝐠𝐚𝐢 𝐭𝐨 𝐒𝐮𝐫𝐚𝐭 𝐢𝐧 𝐚 𝐩𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐡𝐢𝐭 𝐰𝐨𝐫𝐥𝐝 wasn’t an easy ask for Mumbai based High Spirit Commercial Ventures Pvt. But, the company did so with considerable ease, following which Bizongo supported the company with 𝐚 𝐭𝐞𝐜𝐡-𝐥𝐞𝐝 𝐞𝐧𝐝-𝐭𝐨-𝐞𝐧𝐝 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧. Many MSMEs followed suit as they started to procure locally.
The bag manufacturing company has also taken bigger strides towards employment generation in Bihar, India, by implementing a cost-effective plug-and-play model that entailed zero fixed investment.
With Bizongo, the company enhanced its operations to upscale successfully. This was a result of Bizongo’s tech-centric approach that further streamlined High Spirit’s operation.
How did tech help transform High Spirit?
Through the effective use of digital vendor management features like e-PODs, e-invoicing, live order tracking, e-cataloging, etc!!
Now, their vendors receive payments on time, so that their supply chain as a whole can remain agile and growth-centered, and more responsive to external unforeseen events or threats.
Early vendor payments helped High Spirit achieve an extra revenue of ₹4-5 Crores monthly. They also increased their stock of raw material inventory to 45 days and finished goods inventory to 15 days.
Watch Mr. Tushar Jain, Founder & MD of High Spirit Commercial, talk about how Bizongo helped make their operation become more robust.