Prince Industries Gains Competitive Advantage With Power2SME’s Way

Being part of Piyush Chheda Group -- Prince Industries is globally recognized as a premier manufacturer and supplier of PVC pipes, pipe fittings, PPR Pipes, SDP pipes and many more products. Established in 2005, the company’s aim is to provide world class products and services while continuing to keep up with the evolving expectations of its customers.Prince Industries has garnered a series of accolades in the last few years. The firm was honoured as the Second Best Exporter of Fittings for Pipes and Hoses (of Plastics) by The Plastics by Export Promotion Council; and has also been awarded the Highest Recognition for Exports for the year 2006-07. The company has also been recognized with awards for their quality and innovative product line - uPVC Soil, Waste and Rainwater Drainage systems, Swept Piping systems, White Pipes and Fitting, PPR Plumbing Systems, PRINCE Agri Pipes and Fittings Systems.

Business Challenges

Prince Industries produces a varied range of PVC pipes for local as well as global players. Due to the unstructured market, the company stumbled upon bottlenecks such as rising prices of raw materials as well as unavailability of desired quality and quantity of the raw material. The firm that engages with multiple vendors in the supply chain process was finding it difficultto  acquireadditional raw materialsfrom them out of the billing cycle.

The Solution

In 2013, a robust association was established between Prince Industries and Power2SME to procure premium quality of raw materials. After thoroughly analysing the client’s requirements and challenges, the customer service team at Power2SME not only sourced the desired raw materials swiftly but also took utmost accountability of end-to-end delivery of the same on a timely basis. It has been more than two years now that Prince Industriesis sourcing about 200 tonnes of desired form of polymers per month through Power2SME.

Benefits

For Prince Industries, the association has come as a blessing. With this partnership, the firm is experiencing a smooth engagement and has been able to leverage many benefits. Availability of desired raw material in desired quantity at competitive prices is one of them. Agilityof the Power2SME teamto sort out queries quickly and flexibility of placing order out of the billing cycle are some other benefits Prince Industries derived from this partnership. Marking the services of Power2SME with words of appreciation,

Mr. Harshi Bhanushali, founder of Prince Industries, states that the firm would continue to reap these benefits for the days to come. “The biggest benefit I have got from Power2SME is of pricing of the required raw material, since it is better and lesser than market rate. Another thing I appreciate is the fact the servicing team is very spontaneous in address queries. I want them to keep up the good work,” says  Mr Bhanushali, of Prince Industries.