Kirloskar Ferrous Industries Ltd (KFIL)

Client Speaks

Mr. R.V. Gumaste, Managing Director, discusses how Kirloskar Ferrous Industries Ltd (KFIL), successfully unlocked the full potential of their operations and sustained excellence over the last 7 years.

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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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Kirloskar Ferrous Industries Ltd. (KFIL) is a leader in automotive and non-automotive casting supplies in India and abroad, with manufacturing facilities at Koppal and Solapur. It produces grey iron and S.G iron castings for various applications, such as cylinder blocks, cylinder heads and housings for automobile, tractor and diesel engines. The casting industry, which KFIL is a part of, is associated with very poor (Daily) On-Time Delivery (OTD). Therefore, to offset the high lead time and unreliability,&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/an-sos-for-the-oems/">OEMs</a>&nbsp;must maintain huge inventories at their end (20-30 days).&nbsp;With the help of&nbsp;Vector Consulting Group, the company introduced a system of small batch production, thereby improving its ability to adjust to the customer’s consumption pattern and deliver as per the customer’s requirement. New product development processes were revamped too.&nbsp;Consequently, KFIL has managed to achieve the following results:<figure class="image"><img style="aspect-ratio:811/459;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720097632_1776933173.png" width="811" height="459"></figure>

Kirloskar Ferrous Industries Ltd. (KFIL) is a leader in automotive and non-automotive casting supplies in India and abroad, with manufacturing facilities at Koppal and Solapur. It produces grey iron and S.G iron castings for various applications, such as cylinder blocks, cylinder heads and housings for automobile, tractor and diesel engines. The casting industry, which KFIL is a part of, is associated with very poor (Daily) On-Time Delivery (OTD). Therefore, to offset the high lead time and unreliability,&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/an-sos-for-the-oems/">OEMs</a>&nbsp;must maintain huge inventories at their end (20-30 days).&nbsp;With the help of&nbsp;Vector Consulting Group, the company introduced a system of small batch production, thereby improving its ability to adjust to the customer’s consumption pattern and deliver as per the customer’s requirement. New product development processes were revamped too.&nbsp;Consequently, KFIL has managed to achieve the following results:&nbsp;<figure class="image"><img style="aspect-ratio:811/459;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720097632_1776933165.png" width="811" height="459"></figure>

Vector Consulting Group's case study on work with Kirloskar Ferrous Industries on improving on-time delivery to customers.