VIP Industries Ltd
VIP Industries Ltd is one of Asia’s largest luggage manufacturers. The company partnered with Vector in November 2013 to help grow the top-line and bottom-line of the company by using TOC way of thinking.
VIP has now aligned its central planning function, hard luggage production, raw material purchase, soft luggage purchase from India and China, and the logistics function (network design and movement of goods up to the branches) to the principles of TOC. It has also implemented auto replenishment along with churning of SKUs across ~250 of its co-owned exclusive stores and are now enabling the same processes across their franchisee-owned stores. Post these implementations the following benefits were experienced:
The following are the results experienced so far –
Video Case Study