Snowman wants to own India’s food supply-chain. Is the timing right?
Synopsis
Fifth-party logistics services can be a shot in the arm for QSR chains and hotels looking to focus only on core operations. However, the idea of completely outsourcing supply chains will take time to gain popularity in India.
Around three-and-a-half years back, Bengaluru-based Snowman Logistics started drawing up a long-term business strategy. For India’s largest logistics service provider in the temperature-controlled warehousing-and-distribution space, the benchmark was Sysco Corporation — one of the top food-distribution companies in the US with annual sales of over USD 68 billion. Starting off as a third-party logistics (3PL) service provider, Sysco grew over
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