Bajaj Electricals Ltd., India’s leading consumer durable and lighting company, has been announced today as the recipient of the 2019 Award of Excellence – Corporate Transformation from the Association for Supply Chain Management (ASCM), the global leader in supply chain learning, transformation, innovation, and leadership. On behalf of Bajaj Electricals Limited, Mr. Amit Bhalla, Sr. GM and Head – Strategy, received the award at the ASCM 2019 conference in Las Vegas.Bajaj Electricals Ltd. is the leader in small appliances, lighting, engineering and infrastructure projects. More than half of its revenue comes from its consumer products division, where manufacturing takes place at three units with components sourced from 60 national and 55 international suppliers. This business model led to several challenges, including price undercutting, cross-market infiltration, and poor product availability.By following ASCM global standards, Bajaj Electricals was able to analyse, optimise and implement an end-to-end supply chain transformation. In fact, with the help of its partner, Vector Consulting Group, the company configured an entirely new supply chain to reduce replenishment lead times (RLT) and increase supply reliability.About the Association for Supply Chain Management (ASCM):The Association for Supply Chain Management (ASCM) is the global leader in end-to-end supply chain organisational transformation, innovation and leadership. As the largest non-profit association for supply chain, we are an unbiased partner connecting people around the world to the newest insights and solutions on all aspects of supply chain. ASCM transforms enterprises and empowers people with industry-recognised, global standards - like APICS and SCOR - to optimise their supply chains, secure their competitive advantage, and positively impact the world.

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Bajaj Electricals Ltd., recipient of the 2019 ASCM Award of Excellence – Corporate Transformation

Bajaj Electricals Ltd. wins 2019 TOCICO International Process of Ongoing Improvement ‘POOGI’ Award

Schneider Electric (R&amp;D)/ Vector Consulting Group was chosen as a finalist for the prestigious CSCMP Supply Chain Innovation Award 2018.&nbsp;Vector's 'Rapid Feature Flow Model' implemented at Schneider Electric (R&amp;D) has led to a whopping 71% increase in their software development productivity and created a more harmonious work environment for development teams!This prestigious award programme receives approximately 50 submissions of innovative supply chain implementations each year. A panel of reviewers, consisting of members of CSCMP's Research Strategies Committee (RSC) and the editorial board of SupplyChainBrain, narrows down those submissions to the top innovative teams, who then become finalists at CSCMP's Annual Conference. The other finalists on this year's list included Intel, Pfizer, Kansas City Southern Railway Company, and Buy Seasons. Past winners and finalists include Vodafone, Whirlpool, Airbus, HP, PepsiCo, etc.&nbsp; Please find more details here: <a href="https://bit.ly/CSMP_SchneiderElectric_VectorConsultingGroup">https://bit.ly/CSMP_SchneiderElectric_VectorConsultingGroup</a>&nbsp;The Council of Supply Chain Management Professionals (CSCMP) is a pre-eminent worldwide professional association dedicated to the advancement of research and knowledge on supply chain management&nbsp;<a href="https://cscmp.org/">https://cscmp.org/</a>&nbsp;&nbsp;About CSCMP (Council of Supply Chain Management Professionals)Since 1963, the Council of Supply Chain Management Professionals (CSCMP) has been the preeminent worldwide professional association dedicated to advancing and disseminating research and knowledge on supply chain management. With CSCMP members located worldwide, representing nearly all industry sectors, government, and academia, CSCMP members receive unparalleled networking opportunities, cutting-edge research, and online and on-site professional educational opportunities.

Schneider Electric (R&D)/Vector Consulting Group becomes a finalist for the 2018 CSCMP Supply Chain Innovation Award

Vector Consulting Group, India’s largest management consulting firm in the space of Theory of Constraints, is proud to announce that their client, Bajaj Electricals Ltd., is the winner of the 2017 TOCICO International Process Of Ongoing Improvement ‘POOGI’ Award (3+ Years).The TOCICO (Theory of Constraints International Certification Organization) board awards the ‘POOGI’ Award to organisations in recognition for maintaining exceptional, demonstrated results utilizing TOC over a period of three or more years, in addition to significant contributions to the TOC community.About Vector Consulting GroupVector Consulting Group is the leading consulting firm in the space of Theory of Constraints consulting in India, it engages with organizations to help them gain market share by building unique supply chain capabilities that provide a competitive edge in the market. Vector Consulting Group is engaged with India’s most renowned industrial houses such as Tata, Godrej, Bajaj Electricals, Cummins Group, Raymond, Kirloskar Oil Engines, etc.About TOCICOThe Theory of Constraints International Certification Organization (TOCICO) unites people who share a passion for win-win holistic thinking and share a vision that this will become the main way to manage organizations. 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.

Bajaj Electricals Ltd., a client of Vector Consulting Group won the 2017 TOCICO International Process Of Ongoing Improvement ‘POOGI’ Award

Vector Consulting Group, India’s largest management consulting firm in the space of Theory of Constraints, is proud to announce that its client, Bajaj Electricals Ltd., is the winner of the 2017 TOCICO International Process Of Ongoing Improvement ‘POOGI’ Award (3+ Years).The TOCICO (Theory of Constraints International Certification Organization) board awards the ‘POOGI’ Award to organisations in recognition of maintaining exceptional, demonstrated results utilising TOC over a period of three or more years, in addition to significant contributions to the TOC community.About TOCICOThe Theory of Constraints International Certification Organization (TOCICO) unites people who share a passion for win-win holistic thinking and a vision that this will become the main way to manage organisations. The TOCICO is a global not-for-profit certification organisation for TOC practitioners, consultants and academics to develop and administer certification standards and facilitate the exchange of latest developments.

Bajaj Electricals Ltd., client of Vector Consulting Group won the 2017 TOCICO International Process Of Ongoing Improvement ‘POOGI’ Award

Fleetguard wins the Platinum Level award in recognition of its financial and operational performance over the last 9 years!Vector Consulting Group, India's largest home-grown management consulting company, proudly announces that its client, Fleetguard Filters, won the 2016 TOCICO International Achievement Award, Platinum Level. Fleetguard won the TOCICO International Achievement Award in 2009, and seven years later, the company has continued to thrive and show a significant level of ongoing improvement using TOC as the primary way of managing the organisation.Speaking on this prestigious award win, Mr Puneet Kulraj, Director, Vector Consulting Group, said, "Fleetguard began their TOC journey in earnest with Vector Consulting Group over nine years ago. This award recognises their ability to maintain sustained excellence through quantifiable and qualitative results by implementing TOC. We are very proud that Fleetguard has set a new global benchmark, and we have partnered with them in this journey."Mr. Niranjan Kirloskar, Managing Director of Fleetguard Filters, said, "This award is a testament to not only the power of TOC but also to the faith that the entire Fleetguard team has demonstrated in fully embracing the essence of TOC and making it the only way to think in their professional and personal lives. We are proud and humbled by this recognition from TOCICO. This will strengthen our resolve to use TOC to improve the lives of all people touched by Fleetguard."About Fleetguard FiltersEstablished in 1987, Fleetguard Filters Pvt. Ltd is a leading Indian manufacturer of heavy-duty air, fuel, lube, and hydraulic filters, air intake systems, coolants, and chemical products for on- and off-highway applications. It supplies renowned automobile companies and industrial engine and equipment manufacturers.Results of Fleetguard Filters<figure class="image"><img style="aspect-ratio:749/816;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//fleetguard-filters-1747241012_1776949665.jpeg" width="749" height="816"></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.About TOCICOThe Theory of Constraints International Certification Organization (TOCICO) unites people who share a passion for win-win holistic thinking and a vision that this will become the main way to manage organisations. The TOCICO is a global not-for-profit certification organisation for TOC practitioners, consultants, and academics. It develops and administers certification standards and facilitates the exchange of the latest developments.

Fleetguard Filters, Vector Consulting Group client, won the 2016 TOCICO International Achievement Award

Fleetguard won the Platinum Level award in recognition of its financial and operational performance over the last nine years!Vector Consulting Group, India's largest home-grown management consulting company, proudly announces that its client, Fleetguard Filters, won the 2016 TOCICO International Achievement Award - Platinum Level. Fleetguard won the TOCICO International Achievement Award in 2009, and seven years later, the company has continued to thrive and demonstrate a significant level of ongoing improvement using TOC as the primary way of managing the organisation.Speaking on this prestigious award win, Mr Puneet Kulraj, Director, Vector Consulting Group, said, "Fleetguard began their TOC journey in earnest with Vector Consulting Group over nine years ago. This award recognises their ability to maintain sustained excellence through quantifiable and qualitative results by implementing TOC. We are very proud that Fleetguard has set a new global benchmark, and we have partnered with them in this journey."Mr. Niranjan Kirloskar, Managing Director of Fleetguard Filters, said, "This award is a testament to not only the power of TOC but also to the faith that the entire Fleetguard team has demonstrated in fully embracing the essence of TOC and making it the only way to think in their professional and personal lives. We are proud and humbled by this recognition from TOCICO. This will strengthen our resolve to use TOC to improve the lives of all people touched by Fleetguard."About Fleetguard FiltersEstablished in 1987, Fleetguard Filters Pvt. Ltd is a leading Indian manufacturer of heavy-duty air, fuel, lube, and hydraulic filters, air intake systems, coolants, and chemical products for on- and off-highway applications. It supplies renowned automobile companies and industrial engine and equipment manufacturers.Results of Fleetguard Filters<figure class="image"><img style="aspect-ratio:749/816;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//fleetguard-filters-1747241012_1776949653.jpeg" width="749" height="816"></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.About TOCICOThe Theory of Constraints International Certification Organization (TOCICO) unites people who share a passion for win-win holistic thinking and a vision that this will become the main way to manage organisations. The TOCICO is a global not-for-profit certification organisation for TOC practitioners, consultants, and academics. It develops and administers certification standards and facilitates the exchange of the latest developments.

Vector Consulting Group, India's largest home-grown management consulting company, was announced as the winner in two AMCF Spotlight Awards categories. Vector wins the award for the third year in a row for value &amp; excellence in management consulting.Supply chain category&nbsp;with Godrej Material Handling Division (part of Godrej &amp; Boyce Group, Material Handling Division, is India's largest lift truck Manufacturer).Operational excellence&nbsp;with Pratibha Syntex Ltd. one of India's largest vertically integrated textile manufacturers with its value chain spanning from fibre to fabric to garments. The business interacts with ~30,000 farmers, 10,000 employees and renowned global apparel brands in &gt;20 countries.AMCF, an international association of premier management consulting firms based in New York, evaluates and announces these global awards every year as a global recognition for consulting companies that go beyond the normal scope of consulting and help clients find "solutions to critical challenges and develop sustainable solutions for their business with objectivity, professionalism and proficiency" in addition to delivering superior results.As per AMCF, selecting a winner in each category is an elaborate process involving reviews and interviews of clients and the consulting team by a panel of independent judges, industry experts, and academics.Speaking on this dual win, Mr. Satyashri Mohanty, Founding Partner of Vector Consulting Group, said, "Every year, we benchmark our work in India with global benchmarks. The fact that we have been consistently winning AMCF awards for the last three years is a testimony to the quality of our work. This year, our project with Pratibha Syntex has also won a special award for being amongst the top scorers across all categories of awards."Results of Godrej Material Handling DivisionThe following results were achieved within 2 years of implementing a 'pull-based' supply chain.&nbsp;<figure class="image"><img style="aspect-ratio:960/960;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//godrej-mhe-1747242770_1776949445.jpg" width="960" height="960"></figure>Results of Pratibha Syntex Ltd.&nbsp;The following results were achieved within a year of Vector's implementation.<figure class="image"><img style="aspect-ratio:960/960;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//pratibha-syntex-2-1747242285_1776949504.png" width="960" height="960"></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.

Vector Consulting Group, Godrej Material Handling Division, and Pratibha Syntex Ltd. win the 2016 AMCF Spotlight Awards for value and 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 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.

Vector Consulting Group, with Kirloskar Oil Engines Ltd., wins 2015 AMCF Spotlight Awards for Value & Excellence in Management Consulting

Vector Consulting Group, India's largest home-grown management consulting company, was announced the winner in the supply chain category alongside Godrej Security Solutions at the glittering awards function held in New York City.&nbsp;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 Bloomberg and KPMG for Ford Motors.About the ProjectGodrej Securities, part of the US$ 1.2 billion Godrej &amp; Boyce Group, began implementing the Theory of Constraints processes with Vector Consulting Group as its partner across its manufacturing plants and a base of 50 suppliers. Two years of implementation led to significant improvements in financial and operational parameters, as well as creating harmony across the entire supply chain.Results of Godrej Security SolutionsThe following results were achieved within two years of TOC implementation:<figure class="image"><img style="aspect-ratio:676/801;" src="https://backend.vectorconsulting.in/storage/editor_uploads//godrej-security_1747285896.jpeg" width="676" height="801"></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.

Vector Consulting Group, with Godrej Security Solutions, wins the Global Award for Management Consulting

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Vector’s client Liberty Shoes is the winner of the 2013 Economic Times Award for supply chain innovation in retail

Vector Consulting Group, the leading consulting firm specializing in Theory of Constraints (TOC) in India, has won the prestigious award for ‘Best Supply Chain Consultant of the Year’ at the 6th ELSC Manufacturing Supply Chain Excellence Awards 2012.Mr. Kiran Kothekar, Founding Director, Vector Consulting Group, received the award on behalf of the company.Vector Consulting Group has been working with Indian clients to help them garner market share in their respective markets by building such unique supply chain capabilities. The firm works extensively with many organizations in the Tata, Godrej and the Raymond Group.Speaking on the occasion, Kiran Kothekar said, “The most important aspect that has been neglected over the years is the opportunity to use the supply chain as a marketing differentiator. We at Vector have been working with companies to make them see the inherent simplicity of their supply chain and then build unique capabilities to offer as a market differentiator for enhancing sales rather than just reducing costs.”He added, "We believe this award is recognition for the efforts to bring about this paradigm shift of viewing the supply chain."&nbsp;

Vector Consulting wins 'Best Supply Chain Consultant of the Year' award

Vector Consulting Group, the leading consulting firm specialising in Theory of Constraints (TOC) in India, has won the prestigious ‘Best Supply Chain Consultant of the Year’ award at the 6th ELSC Manufacturing Supply Chain Excellence Awards 2012.&nbsp;Mr. Kiran Kothekar, Founding Director, Vector Consulting Group, received the award on behalf of the company.&nbsp;Speaking on the occasion, Kiran Kothekar said, “The most important aspect that has been neglected over the years is the opportunity to use the supply chain as a marketing differentiator. We at Vector have been working with companies to make them see the inherent simplicity of their supply chain and then build unique capabilities to offer as a market differentiator for enhancing sales rather than just reducing costs.”He added, "We believe this award is recognition for the efforts to bring about this paradigm shift of viewing the supply chain."

This award is presented annually to only one company across the world.At the recently concluded annual TOCICO (Theory of Constraints International Certifying Organisation) conference, Fleetguard Filters Private Limited (FFPL) became the first Indian company to win the Global Award for TOC Excellence. This award is presented annually to only one company in the world.&nbsp;FFPL manufactures and distributes air, oil and fuel filters for commercial vehicles. FFPL is the first Indian to achieve this rare honour. Past recipients of this award have been Coca-Cola, ABB, Boeing and US Marine Corps. The award is given to the company that has demonstrated unparalleled focus and results in using Theory of Constraints (TOC), a management philosophy introduced by Eliyahu Goldratt in his bestselling book ‘The Goal’.&nbsp;In the face of a severe recession that almost crippled the automotive industry last year to the point that some of its clients and competitors announced layoffs and plant closures, FFPL posted robust growth and even increased its market share by a significant amount. Assisted by Mumbai-based Vector Consulting Group for the past three years, FFPL has been setting records of growth and productivity that are unparalleled in the Indian industry.&nbsp;Niranjan Kirloskar, Managing Director, FFPL, said, “In their quest for growth and excellence, we zeroed in on TOC to be our guiding philosophy in managing the company. Working closely with Vector, we deployed TOC in every area and aspect of the organisation. In doing so, we have realised the rules required to manage a company can be extremely simple and the results equally dramatic.”&nbsp;Niranjan added that “In Vector Consulting Group, we found a consulting partner who has a rare combination of deep knowledge and obsessive commitment. At times, it would seem that Vector was driving us so hard that we needed a break.”&nbsp;Kiran Kothekar, Director, Vector Consulting Group expressed his happiness on FFPL winning this award. He attributed this achievement to FFPL’s complete faith in Vector, which enabled them to achieve their goals. With the company operating at 17 inventory turns and the distributors operating at 24 inventory turns with 100% availability, Fleetguard has redefined the benchmarks in the entire auto spare parts industry.&nbsp;It was a proud moment not only for Vector Consulting Group but also for Fleetguard Filters Pvt. Ltd., who placed the. Company yet again on the global stage of recognition and accolades.&nbsp;About TOCICOThe Theory of Constraints International Certification Organization (TOCICO) unites people who share a passion for win-win holistic thinking and share a vision that this will become the main way to manage organizations. 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.

Vector's client Fleetguard Filters, is the only Indian company to have won the International TOC Excellence Award in 2009

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We not only provide a solution design to resolve chronic business problems but also help our clients with implementation until results are delivered and sustenance is assured. Wherever required, Vector Digital Lab closely works with our management consulting team to develop and deploy IT solution components for our engagement. Because of an integrated offering of management consulting along with IT, we have one of the shortest lead times from idea to results. With a success-fee-based model, we focus on creating a win-win for our clients. Learn more about our complete solution offering.

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