About - Vector Consulting Group
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Vector Consulting Group employs the Theory of Constraints to enhance organizational performance in various sectors, emphasizing execution and implementation over mere recommendations. With a unique engagement model, they have partnered with major corporates, achieving significant results and numerous industry accolades. Their approach includes tailored software solutions, extensive consulting experience, and a performance-based fee structure that aligns with client success.
About - Vector Consulting Group
- 2. 1 INTRODUCTION TO VECTOR CONSULTING GROUP CLIENT PROFILES ACHIEVEMENTS 2 3 ENGAGEMENT APPROACH 4
- 4. Employs the philosophy of THEORY OF CONSTRAINTS TO BRING ABOUT QUANTUM JUMP IN PERFORMANCE OF ORGANIZATIONS IN ITS TARGET INDUSTRY CLUSTERS CONSUMER GOODS & RETAIL TEXTILE & APPAREL EQUIPMENT MANUFACTURING ENGINEERING & CONSTRUCTION AUTO & AUTO COMPONENTS Helping companies build a Decisive Competitive Edge in their markets by building unique supply chain capabilities
- 5. MAKING CONSULTING ENGAGEMENTS A PARTNERSHIP FIXED + VARIABLE FEE A unique engagement model, unprecedented in consulting industry. Focus on execution and implementation not just recommendations and reports Processes Transition management Software IMPLEMENTATION COMPLETE SOLUTION KIT Vector has achieved quantum results in nearly all its engagements.
- 6. MOST EXPERIENCED TOC CONSULTING FIRM IN INDIA TOC IMPLEMENTATIONS EXPERT CONSULTANTS ILLUSTRIOUS CLIENTS 100 110 85 Maximum TOC implementations in India in variety of environments like custom mfg., consumer goods, retail and auto segments. Team of 85 TOC consultants and 25 Software consultants. Nearly all consultants with Vector since inception in 2007. Engaged by some of the largest corporates: Godrej Group, Tata Group, Larsen & Toubro, Kirloskar Oil Engines, Ashok Leyland, TVS Motors, Cummins, Bajaj Electricals, Jindal Steel and Power, Raymond, TRENT Vector Consulting Group is the largest Indian management consulting firm.
- 8. EXPERIENCE IN TRANFORMING COMPLEX ENVIRONMENTS DISTRIBUTION REACH NUMBER OF PLANTS/ SUPPLIERS VARIETIES OF END PRODUCT EXPIRY OF PRODUCT ONE PLANT MANY PLANTS/ SUPPLIERS >1500 LACS Fashion Retail, Consumer Goods VERY FEW Steel, Structural ENTIRE COUNTRY w/ RURAL FMCG, Farm Equipment URBAN LOCATION B2B, Distribution Engines VERY SHORT (2-6 MONTHS) Chocolate, High Fashion VERY LONG (DECADES) Commodities DISTRIBUTION & RETAIL COMPLEXITY
- 9. Tata Motors Spares Ashok Leyland Kirloskar Oil Engines Fleetguard Filters (Cummins) Lucas TVS Mahindra First Choice (Spares) Mahindra First Choice (Service) TOP 1 (Indonesia) Pidilte Godrej Saralee Godrej Soaps Godrej Megasari (Indonesia) Godrej Hersheys Parag Milk Products VIP Luggage Khadim Footwear Liberty Shoes Ltd. Sintex Plastics Century Ply THE COMPANY WE KEEP IN FMCG AND DISTRIBUTION SECTOR TI Cycles Bajaj Electricals Consumer Goods Godrej Interio - Home Furniture Tata Steel Jindal Stainless Steel Kirloskar Oil Engines Agri Products
- 10. SPECTURM WIDE IMPACT SUPPLIERS 50005003000 100000 100000+ PLANTS DISTRIBUTORS RETAILERS CUSTOMERS Impacted the whole spectrum of supply chain and sales
- 11. EXPERIENCE IN DISTRIBUTION AND RETAIL: OVER 30 COS LEADTIME(MONTHS) NUMBER OF SKUS 300 1,000 5,000 8,000 1,00,000+ 2 6 12 24 >24 LandmarkWestside Liberty Shoes Hersheys Raymond Godrej Consumer Products Vivek’s Bajaj Electricals Consumer Div. VIP JSPL Godrej Home Furniture Godrej Saralee, Godrej Megasari TOP1 Liberty Khadim Landmark Tata Motors Spares Pidilite Over 10 Auto-parts Cos Spare parts divs of KOEL, Godrej Home, Godrej MHE
- 12. EXPERIENCE IN ENGINEERING COMPANIES: OVER 30 COS LEADTIME(MONTHS) EXTENT OF CUSTOMIZATION ASSEMBLE TO ORDER CUSTOMIZED + ASSEMBLE TO ORDER ENGG. TO ORDER EPC INFRASTRUCTURE, SINGLE PROJECTS 2 6 12 24 >24 Godrej MHE Godrej MHE KOEL Bajaj Luminiaries Godrej Securities Godrej Interio Office Systems Godrej Storage Tata Metallics Shutdown Godrej Securities Crompton JSPL Fabrication JSPL Machinery Tata BlueScope Steel Godrej Interiors TRF Ports TRF CHP L&T HED TVS Motors NPD Rallis Plant Trident Spinning Plant Trident Towel Plant KOEL NPD Bajaj PED Bajaj TLT L&T Nuclear
- 13. Tata Motors Spares Ashok Leyland Kirloskar Oil Engines TVS Motors Fleetguard Filters (Cummins) Cummins India Kirloskar Ferrous Tata Radiators Shriram Pistons JK Fenner Tata Auto Components (SA) Lucas TVS Mahindra First Choice (Spares) Mahindra First Choice (Service) Godrej Material Handling Equipmnt TOP 1 (Indonesia) Raymond Textiles Raymond Zambaiti Himatsingka Linen Pratibha Syntex Westside Raymond Textiles - CoCo Pidilte TI Cycles Bajaj Electricals Consumer Goods Godrej Interio - Home Furniture Godrej Saralee Godrej Soaps Godrej Megasari (Indonesia) Godrej Hersheys Parag Milk Products VIP Luggage Khadim Footwear Liberty Shoes Ltd. Tata Steel Jindal Stainless Steel Kirloskar Oil Engines Agri Products Sintex Plastics Century Ply Viveks Ltd. Godrej Securities Godrej Interio (Office Seating Systems) Godrej Storage Solutions (Warehousing Solutions) Tata Bluescope Steel Crompton Greaves Greaves Cotton Bajaj Electricals Luminaires Div. Godrej Material Handling Eqmt Div. Jindal Steel and Power- Fabrication Shanti Gears L&T HED TVS Motors NPD Bajaj Electricals- Engineering and Projects Div Godrej Projects Sterlite tech JMC Projects Godrej Interiors Tata Metallics Blast Furnace Shutdown Trident New Plant Erection Rallis India New Plant Erection TRF Bulk Material Handling Systems TRF Ports and Yard Equipment Div. CONSUMER GOODS & RETAIL TEXTILE & APPAREL ENGINEERING & CONSTRUCTION EQUIPMENT MFG AUTO & AUTO COMPONENTS THE COMPANY WE KEEP
- 14. ACHIEVEMENTS 3
- 15. ACKNOWLEDGMENTS BY THE INDUSTRY Association of Management Consulting firms (AMCF), New York, is a body that evaluates projects of nearly all consulting firms across the world. Vector was the winner, The best in the world, in 2013, 2014 and 2015. Among the Top 3 Finalists for ‘Supply Chain and Operations Excellence’ in 2012, 2013, 2014 and 2015.
- 16. ACKNOWLEDGMENTS BY THE INDUSTRY The TOCICO is a global not-for-profit certification organization for TOC practitioners, consultants and academics to develop and administer certification standards, and facilitate the exchange of latest developments. Fleetguard Filters was awarded the TOC Excellence award in 2009 for being the best TOC implementations in the world. Similarly, TOC Excellence award in 2013 for Godrej and Boyce Security Solution division. In 2016, Fleetguard Filters was awarded as the awarded the TOC Platinum, for being the most Everflourishing TOC company in the world. Declared as the winner in the ‘Best Supply Chain Consultant’ category at the 6th Express, Logistics & Supply Chain Conclave, Sept 2012. Vector’s client, Liberty Shoes was declared winner in ‘Operational Excellence Single Brand’ retail category by Economic times for 2012.
- 17. SPREADING THE KNOWLEDGE A business novel that explains the challenges and the simple solutions, for auto parts companies, assembly plants that sell to OEMs and in retail. Both for Top Management and Executioners.
- 19. QUANTUM IMPROVEMENTS WITHOUT RISKS Dedicated IT team to develop tools and provide long term maintenance support. OWN IT TOOLS TO FACILITATE SMOOTH AND SPEEDY IMPLEMENTATION. A suite of supply chain software solutions, for managing manufacturing and distribution TOC solutions, from raw material to plants to the distributors/ retailers. Software for managing, planning and execution for multi-project environments according to the TOC CCPM solution.
- 20. PROPRIETARY 3 STEP PROCESS FOR ENGAGEMENT Vector engages only when the prospect is convinced of the validity of the solution, the potential benefits and is aware of the changes. No surprises! Conduct a brief 2-days study Present the high level solution elements, key changes and their impact on lead times of delivery, inventory, sales and profit Attended by few key decision makers of the company. DECISION GATE 1: Step 2 only if top mgmt. agrees with the direction. DECISION GATE 2: Step 3 only if all managers agree. 2 HOURS SOLUTION SESSION 3 DAYS SOLUTION & IMPLEMENTATION CONSENSUS SESSION Is preceded by a 3 weeks study Present the drill down from the main objective to the changes and new SOPs in all departments and levels of organization Attended by senior managers. DISCUSSION OF CONTRACT FOR IMPLEMENTATION The fees are distributed into fixed and variable Fixed fee payable monthly, Variable fee will be linked to: ◦ Decrease in working capital ◦ Improvement in Availability/ delivery ◦ Increase in sales/profits 1 2 3
- 21. IMPLEMENTATION ORIENTED APPROACH Vector will build the Strategic and Tactic tree for translating the highest objective to the changes across functions and organization levels i.e. develop the SOPs at all levels. Get the buy-in of all stakeholders in a 3-5 days session. The implementation plan is agreed upon in the session.
- 22. TOB A IMPLEMENTATION ORIENTED APPROACH BUILD OPERATE TRANSFER AUDIT Implement each block of the SnT with close handholding. All people in the department are taken through the logic of the solution and SOPs are developed in detail. The HOD leads the implementation in his department. When the new processes and management are established, move to the next block of the SnT. Vector’s approach is ‘whatever it takes’ to get changes implemented - resources, modifications in tools, repeated training etc.
- 23. STRUCTURE OF THE PROPOSAL FIXED FEES Payable per month VARIABLE FEES (Major Portion) Based on performance parameters • Delivery performance / Fill Rate • Availability (for all stocking points together- CWH and all Branches) • Inventory / Working Capital • Increase in sales / profits over a baseline