Supply Chain transformation – Sourcing & Inventory

Project Summary

India’s leading machine tool manufacturer engaged CII for benchmarking their performance metrices, Identify the sub-optimal ones and then transform for enhancing customer value

Project scope

  • Scale up Supplier collaboration for improving Quality
  • Reduce total Supply Chain cost to stay competitive
  • Improve Order fulfilment rate

Benefits

  • Total Supply Chain cost brought down from 6% to 3% through Supplier Collaboration, Value Engineering and Eliminating waste
  • On Time Delivery of finished goods improved from 89% to 96%
  • Through Best-in-class benchmarking, tagged the performance metrics that need to be prioritized