Godrej Storage Solutions
A business unit of Godrej & Boyce Mfg. Co. Ltd., it is one of India's largest engineering and consumer product groups. Godrej Storage Solutions is the market leader in India in the field of Storage and Material Handling with world-class design, manufacturing, project management, distribution and after-sales support. Godrej Storage Solutions embarked on the journey of Theory of Constraints implementation in FY'11 to build a competitive edge in the market by enhancing supply chain performance.
For project orders, the on-time delivery performance from the Chennai plant, improved from an average of 30% to more than 85% on the originally committed date. This was done while improving the plant output by 22%. In some product categories, the lead-time was also reduced by 25%.The company created a new supply chain segment for supplying small standard products with guaranteed delivery, within three days of order receipt. The new supply chain helped Storage solutions expand into new segments using the dealer network across the country. The sales in this segment has grown by more than 100%, while the overall sales has increased by over 25% year-on-year basis.
The following are the results experienced so far –