Problem: Market disruptions expose the limitations of push-based systems, leading to inefficiencies, wasted resources, and missed opportunities, highlighting the need for a more sustainable and resilient supply chain model. Solution: Implement a pull-based approach in agri-equipment firms by holding centralised inventory, buffering components, and prioritising replenishment based on buffer depletion. Combined with providing working capital support to suppliers, this approach can ensure a speedy recovery. Benefits: Enhanced stock availability, reduced lead times, improved capacity utilisation, and a resilient, competitive supply chain adaptable to demand fluctuations.

Key Takeaways

Post-lockdown, India's agri-equipment sector faced demand surges but grappled with severe supply and operational challenges. This adversity presented an opportunity for agri-equipment companies to make strategic adjustments in their supply chain and make it more resilient.

Revving up the agri-equipment business

<h4>Revving up the agri-equipment business</h4>

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Discover how Vector Consulting Group's strategies revived agri-equipment demand post-COVID, overcoming supply chain challenges effectively.