On a slow but steady journey towards economic recovery, Sri Lanka is working towards once again providing the public with uninterrupted essential goods and services. One of the most essential provisions is that of gas, primarily used for both domestic and industrial purposes around the country.
After several months of gas shortage, which disrupted the lives of people and businesses, Litro Gas was able to overcome the numerous challenges in its path and provide the public with a steady gas supply by July of 2022. The new availability of gas in the market has greatly impacted the lives and livelihoods of the public for the better, coming as a welcome relief during a time of rising inflation, fuel shortages, and an impending food shortage.
A series of swift and effective decisions from the Litro Gas management and its newly appointed Chairman, Muditha Peiris resulted in this positive change. It was evident that many of the deep-rooted obstacles the company was facing required fundamental, systematic changes to surpass them. Within months, an intelligent strategy devised by a dedicated team who understood and addressed the misfortunes of the nation.
In yet another breakthrough strategic move, Chairman Muditha Peiris implemented a shift from fixed to formula pricing, which has enabled Litro Gas to be self-sustainable whilst passing on the real market value benefit to the customers themselves, and ensured that Litro Gas would never take Sri Lanka back on track of recent history.
Litro Gas has not stopped there, but gone further to develop their mobile application with a global payment gateway. This feature is intended to reduce the dollar burden of Litro on the treasury and strengthen Litro’s own sustainability.
The app was then introduced for home delivery as well, working to alert consumers and agents about the supply, distribution, and availability of LP gas. With the app, consumers, agents and sub agents are able to get accurate information of how many gas cylinders could be distributed in the respective areas, reaffirming the company’s commitment towards its consumers and agents.
A major aspect of Litro’s strategy involved taking a scrutinized look at each aspect of their operations. As such, the company placed an emphasis on devising and maintaining an uninterrupted supply chain, along with building strong partnerships with suppliers.
A culmination of these strategic decisions meant that, within mere months, Litro Gas was the only gas provider within the industry that continued to supply the public and most importantly to Industry thus playing a key role in economic recovery and in uplifting the living standards of Sri Lanka’s citizens.