Bajaj Electricals Ltd. (Engineering And Projects Division)

Bajaj Electricals Ltd. | Turning Around The Engineering And Projects Business

bajaj

A new distribution highway resulted in a whopping 270% increase in the number of districts covered directly by the company's 'pull'-based network.

Bajaj Electricals Ltd (Consumer Products)

Bajaj Electricals Ltd. – Creating A New Benchmark In Consumer Goods Distribution

Vector’s Consumer Goods &amp; Retail consulting practice offers expertise to consumer-packaged goods (CPG) companies involved in the distribution and retail of their products. These strategies help expand market range and reach, create market pull through influencers, and enhance overall supply chain and distribution efficiencies.&nbsp;With path-breaking solutions in Sales &amp; Distribution, New Product Development, Inventory Planning, and CRM programs, Vector has delivered significant business results for companies such as Bajaj Electricals (Consumer Products), VIP Industries Ltd., Godrej Interio, Polycab, Pidilite, Godrej Security Solutions, and many more.

Organizations producing, distributing, and making products available at retail points can be consumer goods companies or consumer packaged goods companies (CPG). Such companies could develop a constraint in areas like Internal Operations and Distribution, External Distribution, Sales Bandwidth, Retail Operations and New Product Development.

Consumer Goods & Retail Consulting Services

Much as they may wish otherwise, most Indian consumer good companies find that they have no consistent “Reach” into almost 65% of the country’s population (especially in rural, rur-ban areas) since they believe that this spread out population would be ‘cost inefficient’ to service.

Industries

Consumer Goods & Retail

industries

Sales up by 64%, receivables down by 50%, and profits up by 300%!!

Hercules Hoists Ltd.

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Vector has developed bespoke solutions for equipment manufacturing or custom manufacturing companies to help them identify and address constraints in operations, sales, spares &amp; services, or new product development that limit consistent sales and profit growth.&nbsp;Working with companies like Laxmi Machine Works (LMW), Godrej Material Handling, RPG Raychem, Kirloskar Oil Engines Ltd. Bajaj Electricals (Luminaries Division), amongst many others, Vector has helped clients bring about excellence in equipment delivery, turbo-charge their sales &amp; business development efforts and set new benchmarks in after-sales services.&nbsp;

An equipment manufacturing or custom manufacturing company’s ability to grow its sales and profits consistently is limited by constraints in the following areas like Operations, Sales, Spares and Services and New Product Development:

Consulting Services for Equipment Manufacturing Companies

Analyses of top custom manufacturing companies, including manufacturers of capital goods and custom manufacturers of machinery and equipment, which design a product and make to order, show that only a handful have realized healthy sales, profits & ROI in the last decade.

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Equipment Manufacturing BA

Equipment Manufacturing

The company, a division of Bajaj Electricals Ltd., achieved an on-time delivery performance of 85%, beating the industry standards of 20%-30%.up by 64%, receivables down by 50%, and profits up by 300%!!

Bajaj Luminaires Division

Bajaj Electricals Ltd., a leader in electrical home appliances, has also ventured into turnkey projects. Bajaj illumination and high mast lighting system projects involve providing lighting solutions for a wide spectrum of utilities such as airports, shipyards, port trusts, sports stadiums, monuments etc., while the power distribution projects work on rural electrification. And TLT projects cater to connecting power transmission grids across India –i.e. connecting power generating plants or sub-stations.&nbsp;Most of the EPC projects in India are executed in environments of high uncertainty; completion of these projects require coordination and cooperation between various stakeholders like state-owned companies, individual landowners and the contractors. Therefore, gross delays are very common. When Bajaj started&nbsp;its engagement with Vector Consulting Group, it had large number of open projects with chronic delays and cost over runs but with the new paradigm of synchronised supply and execution management of projects, the company reaped both operational and financial benefits. The results include:<figure class="image"><img style="aspect-ratio:916/868;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720243867_1776930463.png" width="916" height="868"></figure>

Bajaj Electricals Ltd., a leader in electrical home appliances, has also ventured into turnkey projects. Bajaj illumination and high mast lighting system projects involve providing lighting solutions for a wide spectrum of utilities such as airports, shipyards, port trusts, sports stadiums, monuments etc., while the power distribution projects work on rural electrification. And TLT projects cater to connecting power transmission grids across India –i.e. connecting power generating plants or sub-stations.&nbsp;Most of the EPC projects in India are executed in environments of high uncertainty; completion of these projects require coordination and cooperation between various stakeholders like state-owned companies, individual landowners and the contractors. Therefore, gross delays are very common. When Bajaj started&nbsp;its engagement with Vector Consulting Group, it had large number of open projects with chronic delays and cost over runs but with the new paradigm of synchronised supply and execution management of projects, the company reaped both operational and financial benefits. The results include:<figure class="image"><img style="aspect-ratio:916/868;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720243867_1776930451.png" width="916" height="868"></figure>

Bajaj Electricals Ltd. transformed its engineering and projects division with flow management! In 2 just years, EBDITA increased by 177%, and projects finished 3-4 months ahead of schedule.

Learn about Vector Consulting Group's collaboration with Bajaj Electricals, emphasizing our strategy that reduced project lead times in their Engineering and Projects division.