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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 alongside Kirloskar Oil Engines Ltd. at 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 a 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 the rapid expansion of the management consulting market. We at Vector Consulting Group aim at changing the way consulting is done and creating an inherent win-win for our clients and us."About the ProjectKirloskar Oil Engines Ltd. (KOEL) is India's leading manufacturer of diesel engines and generator set (gensets) . They design, manufacture and supply diesel engines at the heart of generation sets. Though this industry recognised that customers needed fast, reliable delivery, KOEL and its competitors could only offer delivery lead times of over 4-6 weeks due to their manufacturing and supply chain complexities. However, after moving from forecast-based to consumption-based operations, the company can now offer guaranteed deliveries within a week. The company's working capital improved phenomenally, enabling them to go 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://web-assets.vectorconsulting.in/storage/editor_uploads//koel-1747285513_1776949840.jpeg" width="721" height="727"></figure>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.