Revamping Supply Chain & Operations in an engineering & automotive products manufacturing company
February 11, 2025
1) Industry: Engineering & Automotive Products Manufacturing company
2) Location: Two manufacturing plants & Sales office in India
3) Markets: OEM + Aftermarket in India & Overseas
Challenges:
1) Systems not in place
2) Team alignment issues
3) Stagnant profit
4) Pressure on Cash flow
5) High Inventory
Strategic Implementation:
1) Constraint Identification: Identified the main bottleneck affecting production and customer satisfaction.
2) Sales Strategy Overhaul: Implemented a new sales planning and execution process.
3) Operational Excellence: Launched a replenishment model throughout the Supply Chain to Improve delivery performance.
4) Manufacturing Excellence: Aligned the plant to the market demand to ensure customer satisfaction and reduce loss of sale & Throughput.
Impactful Outcome:
1) Sales Growth: 50% sales within a year.
2) Throughput: Increased throughput by 45% within a year.
3) Profitability: improved profitability by 55%
4) Enhanced Delivery Performance: Improved delivery performance from 65% to 98% - On Time In Full (OTIF).
5) Rapid Manufacturing Cycles: Manufacturing Lead time was reduced by 40% in a year.
6) Business Review and Metrics: Established key business metrics and a comprehensive review mechanism involving all stakeholders.