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.

Mahindra First Choice (MFC), a multi-brand car spare parts company, was launched in April 2015. Though it is a part of the well-known business house, the new brand faced stiff competition in an already crowded space.&nbsp;&nbsp;MFC partnered with Vector Consulting Group to build a Decisive Competitive Edge based on reliability of availability in their distribution model enabling &nbsp;them to grow the business sustainably. The company implemented replenishment solution in the <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">supply chain</a> and a Mechanic Loyalty Program to accomplish this goal. This, while being counterintuitive to the established practice of launching a brand with deep discounts and schemes, helped the company achieve significant operational and financial results within a year of implementation. The company is now in the process of growing its distribution footprint based on the solution implemented.<figure class="image"><img style="aspect-ratio:775/883;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720108667_1776932197.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 a part of the well-known business house, the new brand faced stiff competition in an already crowded space.&nbsp;&nbsp;MFC partnered with Vector Consulting Group to build a Decisive Competitive Edge based on reliability of availability in their distribution model enabling &nbsp;them to grow the business sustainably. The company implemented replenishment solution in the <a target="_blank" rel="noopener noreferrer" href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">supply chain</a> and a Mechanic Loyalty Program to accomplish this goal. This, while being counterintuitive to the established practice of launching a brand with deep discounts and schemes, helped the company achieve significant operational and financial results within a year of implementation. The company is now in the process of growing its distribution footprint based on the solution implemented.<figure class="image"><img style="aspect-ratio:775/883;" src="https://web-assets.vectorconsulting.in/storage/editor_uploads//image-1720108667_1776932186.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.