Mahindra First Choice (Spares And Services)

Mahindra

Within a year of adopting a new model for spares replenishment, the turnaround time reduced to 58%, and the revenue generated per work hour increased by 91%.

Mahindra First Choice Services

Vector’s unique solutions for auto OEMs and auto components manufacturers help them overcome constraints that hinder their organizational performance in new product development, manufacturing, distribution and sales.&nbsp;Over the years, Vector has worked with companies like Tata Motors – Commercial Vehicles (Spare Parts &amp; Services Division), Ashok Leyland, International Tractors Ltd. (Sonalika Tractors), Fleetguard Filters, JK Fenner (India) Ltd., TVS Motors and Royal Enfield to set new industry benchmarks in operational performance in different areas of business.

We offer consulting services to organizations engaged in manufacturing and distribution of automobiles or auto components. Our consulting methodology focuses on identifying the leverage point of an organization for intervention.

Auto OEMs & Auto Components Consulting Services

Auto OEMs, auto part manufacturers and auto aftermarket players constantly struggle with the auto industry's highly cyclical nature, i.e. an economic boom is generally accompanied by high sales, while sales usually suffer during economic downturns.

industries

Auto and Auto Components

Vector’s unique solutions for auto OEMs and auto components manufacturers help them overcome constraints that hinder their organizational performance in new product development, manufacturing, distribution and sales.&nbsp;&nbsp;Over the years, Vector has worked with companies like Tata Motors – Commercial Vehicles (Spare Parts &amp; Services Division), Ashok Leyland, International Tractors Ltd. (Sonalika Tractors), Fleetguard Filters, JK Fenner (India) Ltd., TVS Motors and Royal Enfield to set new industry benchmarks in operational performance in different areas of business.

Auto and automotive business consulting services from Vector Consulting Group can enable companies to grow profits consistently whether the industry is going through an economic boom or a downturn.

Automotive & Auto Part Business Consulting Services | Vector Consulting Group

Read about Vector Consulting Group's innovative solutions for Mahindra First Choice Services, reducing turnaround times and boosting revenue per work hour.

Mahindra First Choice Services - Reduced turnaround time | Vector Consulting Group

Use 'pull' based inventory optimisation to achieve near-perfect order fulfillment of products with demand forecasting and lean manufacturing to improve supply chain efficiency.&nbsp;&nbsp;

BAHASA Read More

Solution helps resolve the dilemma of having to face poor availability in spite of having excess inventory at the plants and at points of sale.

Industry Solutions

Pull Based Supply Chain and Distribution

Enhance supply chain with Vector Consulting Group's innovative strategies optimizing distribution networks to drive business growth.

Supply Chain & Distribution Excellence | Vector Consulting Group

Mahindra First Choice (MFC), a multi-brand car spare parts company was launched in April 2015. Though it is part of the well-known business house of Mahindra &amp; Mahindra, the new brand faced stiff competition in an already crowded space.&nbsp;MFC partnered with Vector Consulting Group to build a Decisive Competitive Edge based on reliability of availability in their distribution model which can then enable them to grow the business in a sustained manner. To accomplish this goal, the company implemented <a href="https://www.vectorconsulting.in/en/scientific-system-thinking/">TOC</a> replenishment solution in the entire <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">supply chain</a>. Counterintuitive to the practice of launching a brand with deep discounts and schemes, the company offered no schemes, and instead, grew demand through a Mechanic Loyalty Program (MLP).&nbsp;Within a year of implementation, significant operational and financial results were achieved. The company is now in the process of growing its distribution footprint based on the TOC philosophy.<figure class="image"><img style="aspect-ratio:775/883;" src="https://backend.vectorconsulting.in/storage/editor_uploads//image_1720108671.png" width="775" height="883"></figure>

Mahindra First Choice (MFC), a multi-brand car spare parts company was launched in April 2015. Though it is part of the well-known business house of Mahindra &amp; Mahindra, the new brand faced stiff competition in an already crowded space.&nbsp;MFC partnered with Vector Consulting Group to build a Decisive Competitive Edge based on reliability of availability in their distribution model which can then enable them to grow the business in a sustained manner. To accomplish this goal, the company implemented <a href="https://www.vectorconsulting.in/en/scientific-system-thinking/">TOC</a> replenishment solution in the entire <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">supply chain</a>. Counterintuitive to the practice of launching a brand with deep discounts and schemes, the company offered no schemes, and instead, grew demand through a Mechanic Loyalty Program (MLP).&nbsp;Within a year of implementation, significant operational and financial results were achieved. The company is now in the process of growing its distribution footprint based on the TOC philosophy.<figure class="image"><img style="aspect-ratio:775/883;" src="https://backend.vectorconsulting.in/storage/editor_uploads//image_1720108667.png" width="775" height="883"></figure>

Explore Vector Consulting Group's case study on Mahindra First Choice, highlighting how we delivered business growth through a tailored loyalty program.

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