Tata Toyo Radiator Ltd

TATA

Impactful overhaul of the spares division using the 'pull'-based model: Daily availability of spare parts increased from 75% to 93%, and inventory reduced from 67 days to 57 days.

Tata Motors Ltd - Spare Parts & Services Division (Commercial Vehicles)

Tata Motors Ltd. | Transforming spares supply chain using Theory Of Constraints

Vector’s unique solutions for auto OEMs and auto components manufacturers help them overcome constraints that hinder their organizational performance in new product development, manufacturing, distribution and sales.&nbsp;Over the years, Vector has worked with companies like Tata Motors – Commercial Vehicles (Spare Parts &amp; Services Division), Ashok Leyland, International Tractors Ltd. (Sonalika Tractors), Fleetguard Filters, JK Fenner (India) Ltd., TVS Motors and Royal Enfield to set new industry benchmarks in operational performance in different areas of business.

We offer consulting services to organizations engaged in manufacturing and distribution of automobiles or auto components. Our consulting methodology focuses on identifying the leverage point of an organization for intervention.

Auto OEMs & Auto Components Consulting Services

Auto OEMs, auto part manufacturers and auto aftermarket players constantly struggle with the auto industry's highly cyclical nature, i.e. an economic boom is generally accompanied by high sales, while sales usually suffer during economic downturns.

industries

Auto and Auto Components

Vector’s unique solutions for auto OEMs and auto components manufacturers help them overcome constraints that hinder their organizational performance in new product development, manufacturing, distribution and sales.&nbsp;&nbsp;Over the years, Vector has worked with companies like Tata Motors – Commercial Vehicles (Spare Parts &amp; Services Division), Ashok Leyland, International Tractors Ltd. (Sonalika Tractors), Fleetguard Filters, JK Fenner (India) Ltd., TVS Motors and Royal Enfield to set new industry benchmarks in operational performance in different areas of business.

The world's top pig iron producer set a new record in blast furnace shutdown: completing the task in just 23 days, which is against the norm of 45-50 days, and at only 87% of the budgeted cost.

Tata Metaliks Ltd

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Vector’s Engineering &amp; Construction consulting practice, offers tailored solutions for Engineering, Procurement and Construction (EPC) companies, enabling them to identify and address constraints in project execution and operations that may hinder their sales growth and profitability.&nbsp;By implementing a unique Flow Management approach in its consulting assignments for construction projects, Vector has enabled clients such as Skipper Ltd., Bajaj Electricals (Engineering &amp; Projects Division), Godrej (Electricals &amp; Electronics Division), Tata BlueScope Steel Ltd., and KEI Industries Ltd. to complete projects ahead of schedule while increasing the number of projects executed within the company's allocated operating expenses.

An Engineering and Construction (EPC) company’s ability to grow and sustain sales and profits is limited by constraints in Project Management and Sales.

Consulting Services for Engineering and Construction Businesses

The growth of project organizations dealing with turnkey projects involving engineering, procurement and site construction has slowed down despite healthy demand because they operate in a highly uncertain environment (ROW issues, bureaucratic hurdles, etc.) Find out how companies can not only manage but also flourish in spite of these challenges.

Industries

Engineering & Construction

Success in projects: Lead times decreased by 25%, manufacturing output increased by 15%, and engineering productivity improved by 25%.

Tata Bluescope Steel Ltd

Vector has developed bespoke solutions for equipment manufacturing or custom manufacturing companies to help them identify and address constraints in operations, sales, spares &amp; services, or new product development that limit consistent sales and profit growth.&nbsp;Working with companies like Laxmi Machine Works (LMW), Godrej Material Handling, RPG Raychem, Kirloskar Oil Engines Ltd. Bajaj Electricals (Luminaries Division), amongst many others, Vector has helped clients bring about excellence in equipment delivery, turbo-charge their sales &amp; business development efforts and set new benchmarks in after-sales services.&nbsp;

An equipment manufacturing or custom manufacturing company’s ability to grow its sales and profits consistently is limited by constraints in the following areas like Operations, Sales, Spares and Services and New Product Development:

Consulting Services for Equipment Manufacturing Companies

Analyses of top custom manufacturing companies, including manufacturers of capital goods and custom manufacturers of machinery and equipment, which design a product and make to order, show that only a handful have realized healthy sales, profits & ROI in the last decade.

BA industries

Equipment Manufacturing BA

Equipment Manufacturing

This Tier-1 <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/the-agony-of-the-tier-1-suppliers-caught-between-a-rock-a-hard-place/">auto supplier manufactures</a> radiators for passenger cars and commercial vehicles. Most Tier-1 <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/the-agony-of-the-tier-1-suppliers-caught-between-a-rock-a-hard-place/">auto parts </a>suppliers struggle to meet OEMs’ daily requirements, which often fluctuate widely. Hence, Tier-1 companies are constantly firefighting to provide the service, leading to capacity loss, high rejection rates, excess inventory, and managerial burnout. &nbsp; &nbsp;Tata Toyo Radiator Ltd (TTR), in partnership with Vector Consulting Group, reversed this scenario. Its daily service level to OEMs improved significantly. The company maintains optimal finished goods (FG) stock for each of its OEMs. TTR has increased its output by more than 30% using its existing infrastructure. Additionally, the implementation of the Flow Management solution in <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/three-rules-for-rapid-new-product-development/">New Product Development </a>has doubled the new product output rate.&nbsp;<figure class="image"><img style="aspect-ratio:797/362;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720108907_1776933686.png" width="797" height="362"></figure>

This Tier-1 <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/the-agony-of-the-tier-1-suppliers-caught-between-a-rock-a-hard-place/">auto supplier manufactures</a> radiators for passenger cars and commercial vehicles. Most Tier-1 <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/the-agony-of-the-tier-1-suppliers-caught-between-a-rock-a-hard-place/">auto parts </a>suppliers struggle to meet OEMs’ daily requirements, which often fluctuate widely. Hence, Tier-1 companies are constantly firefighting to provide the service, leading to capacity loss, high rejection rates, excess inventory, and managerial burnout. &nbsp; &nbsp;Tata Toyo Radiator Ltd (TTR), in partnership with Vector Consulting Group, reversed this scenario. Its daily service level to OEMs improved significantly. The company maintains optimal finished goods (FG) stock for each of its OEMs. TTR has increased its output by more than 30% using its existing infrastructure. Additionally, the implementation of the Flow Management solution in <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/three-rules-for-rapid-new-product-development/">New Product Development </a>has doubled the new product output rate.&nbsp;

Discover how Tata Toyo Radiators boosted manufacturing output by 30% and doubled new product development output while optimizing service levels.