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Vector Consulting Group bags the award for second year in a row.Vector Consulting Group, India's largest home-grown management consulting company, was announced the winner in the supply chain category with Kirloskar Oil Engines Limited in a glittering awards function held in New York City.The award was given by The Association of Management Consulting Firms (AMCF), the premier international association of management consulting companies. The AMCF Spotlight Awards in the supply chain category are given to the best project worldwide that demonstrates significant value to the client organisation and society at large. An independent panel of esteemed judges from industry and academia selected the winners. The other finalists in this category were EY for Carrier Corporation and KPMG for Jaguar Land Rover.Speaking on this, Mr. Satyashri Mohanty, Founding Director, Vector Consulting Group, said, "We see the award as a vindication of our implementation and 'benefit-linked pricing model' of management consulting. We are very happy to have the award for the second time in a row. For ages, management consulting companies have been following the model of recommendation-based consulting model, wherein they make all their desired margins by selling content in the form of recommendations, while the client ends up paying much before realising any benefits. This one-sided risk model comes in the way of rapid expansion of the management consulting market. We at Vector Consulting Group aim at changing the way consulting is done and create an inherent win-win for us and our clients."About the ProjectKirloskar Oil Engines Ltd. (KOEL) is India's leading Diesel Engine and Generator Set (Gen-set) manufacturer. They design, manufacture and supply diesel engines at the heart of generation sets. Though this industry knew that customers needed fast and reliable delivery, KOEL and its competition could only offer delivery lead times of over 4-6 weeks because of their manufacturing and supply chain complexities. However, after moving away from forecast-based to consumption-based operations, the company is now able to offer guaranteed deliveries in one week. The company's working capital improved phenomenally, converting us from a persistently cash-starved to a healthy business.Results of Kirloskar Oil Engines Ltd. (KOEL)<figure class="image"><img style="aspect-ratio:721/727;" src="https://backend.vectorconsulting.in/storage/editor_uploads//koel_1747285522.jpeg" width="721" height="727"></figure>About Vector Consulting GroupVector Consulting Group is India's largest home-grown management consulting company. It engages with organisations to help them gain market share by building unique supply chain capabilities that provide a competitive edge in the market. Vector Consulting Group has provided consultancy to some of India's most renowned industrial houses such as Tata, Godrej, Bajaj Electricals, Cummins Group, Raymond, Kirloskar, etc.&nbsp;About AMCF (Association Of Management Consulting Firms)The Association of Management Consulting Firms is the premier international association of firms engaged in management consulting. Founded in 1929, for 85 years, AMCF has been at the forefront of promoting excellence and integrity in the profession.

Vector Consulting Group, with KOEL (Kirloskar Oil Engines Limited), wins 2015 AMCF Spotlight Awards for Value & Excellence in Management Consulting

Vector Consulting Group bags the award for second year in a row.Vector Consulting Group, India's largest home-grown management consulting company, was announced the winner in the supply chain category with Kirloskar Oil Engines Limited in a glittering awards function held in New York City.The award was given by The Association of Management Consulting Firms (AMCF), the premier international association of management consulting companies. The AMCF Spotlight Awards in the supply chain category are given to the best project worldwide that demonstrates significant value to the client organisation and society at large. An independent panel of esteemed judges from industry and academia selected the winners. The other finalists in this category were EY for Carrier Corporation and KPMG for Jaguar Land Rover.Speaking on this, Mr. Satyashri Mohanty, Founding Director, Vector Consulting Group, said, "We see the award as a vindication of our implementation and 'benefit-linked pricing model' of management consulting. We are very happy to have the award for the second time in a row. For ages, management consulting companies have been following the model of recommendation-based consulting model, wherein they make all their desired margins by selling content in the form of recommendations, while the client ends up paying much before realising any benefits. This one-sided risk model comes in the way of rapid expansion of the management consulting market. We at Vector Consulting Group aim at changing the way consulting is done and create an inherent win-win for us and our clients."About the ProjectKirloskar Oil Engines Ltd. (KOEL) is India's leading Diesel Engine and Generator Set (Gen-set) manufacturer. They design, manufacture and supply diesel engines at the heart of generation sets. Though this industry knew that customers needed fast and reliable delivery, KOEL and its competition could only offer delivery lead times of over 4-6 weeks because of their manufacturing and supply chain complexities. However, after moving away from forecast-based to consumption-based operations, the company is now able to offer guaranteed deliveries in one week. The company's working capital improved phenomenally, converting us from a persistently cash-starved to a healthy business.Results of Kirloskar Oil Engines Ltd. (KOEL)<figure class="image"><img style="aspect-ratio:721/727;" src="https://backend.vectorconsulting.in/storage/editor_uploads//koel_1747285513.jpeg" width="721" height="727"></figure>About Vector Consulting GroupVector Consulting Group is India's largest home-grown management consulting company. It engages with organisations to help them gain market share by building unique supply chain capabilities that provide a competitive edge in the market. Vector Consulting Group has provided consultancy to some of India's most renowned industrial houses such as Tata, Godrej, Bajaj Electricals, Cummins Group, Raymond, Kirloskar, etc.&nbsp;About AMCF (Association Of Management Consulting Firms)The Association of Management Consulting Firms is the premier international association of firms engaged in management consulting. Founded in 1929, for 85 years, AMCF has been at the forefront of promoting excellence and integrity in the profession.

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