Bajaj Electricals Ltd (Consumer Products)

Bajaj Electricals Ltd. – Creating A New Benchmark In Consumer Goods Distribution

bajaj

Bajaj Electricals Ltd. transformed its Engineering and Projects Division with Flow Management! In 2 just years, EBDITA increased by 177%, and projects finished 3-4 months ahead of schedule.

Bajaj Electricals Ltd. (Engineering And Projects Division)

Bajaj Electricals Ltd. | Turning Around The Engineering And Projects Business

Bajaj Electricals Ltd. transformed its engineering and projects division with flow management! In 2 just years, EBDITA increased by 177%, and projects finished 3-4 months ahead of schedule.

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Vector’s Engineering &amp; Construction consulting practice, offers tailored solutions for Engineering, Procurement and Construction (EPC) companies, enabling them to identify and address constraints in project execution and operations that may hinder their sales growth and profitability.&nbsp;By implementing a unique Flow Management approach in its consulting assignments for construction projects, Vector has enabled clients such as Skipper Ltd., Bajaj Electricals (Engineering &amp; Projects Division), Godrej (Electricals &amp; Electronics Division), Tata BlueScope Steel Ltd., and KEI Industries Ltd. to complete projects ahead of schedule while increasing the number of projects executed within the company's allocated operating expenses.

An Engineering and Construction (EPC) company’s ability to grow and sustain sales and profits is limited by constraints in Project Management and Sales.

Consulting Services for Engineering and Construction Businesses

The growth of project organizations dealing with turnkey projects involving engineering, procurement and site construction has slowed down despite healthy demand because they operate in a highly uncertain environment (ROW issues, bureaucratic hurdles, etc.) Find out how companies can not only manage but also flourish in spite of these challenges.

Industries

Engineering & Construction

Vector Consulting Group offers consulting services to engineering and construction companies to enable business growth and sustenance of profits, by developing high speed project execution capabilities.

Engineering and Construction Consulting Services in India | Vector Consulting Group

Learn about Vector Consulting Group's collaboration with Bajaj Electricals, emphasizing our strategy that reduced project lead times in their Engineering and Projects division.

Bajaj Electricals - Projects Division | Reduce project lead times | Vector Consulting Group

Protect ETO company’s profitability by increasing team productivity, reducing delivery lead time and improving delivery reliability.&nbsp;

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Solution helps resolve the conflict of often having to delay some orders while making some other orders before the customer requires it.

Industry Solutions

Accelerating Engineered to Order Projects

Vector Consulting Group delivers precision engineering-to-order solutions for projects ensuring efficiency and alignment with specific business needs.

Custom Engineering-to-Order Solutions | Vector Consulting Group

Sales up by 64%, receivables down by 50%, and profits up by 300%!!

Hercules Hoists Ltd.

Vector has developed bespoke solutions for equipment manufacturing or custom manufacturing companies to help them identify and address constraints in operations, sales, spares &amp; services, or new product development that limit consistent sales and profit growth.&nbsp;Working with companies like Laxmi Machine Works (LMW), Godrej Material Handling, RPG Raychem, Kirloskar Oil Engines Ltd. Bajaj Electricals (Luminaries Division), amongst many others, Vector has helped clients bring about excellence in equipment delivery, turbo-charge their sales &amp; business development efforts and set new benchmarks in after-sales services.&nbsp;

An equipment manufacturing or custom manufacturing company’s ability to grow its sales and profits consistently is limited by constraints in the following areas like Operations, Sales, Spares and Services and New Product Development:

Consulting Services for Equipment Manufacturing Companies

Analyses of top custom manufacturing companies, including manufacturers of capital goods and custom manufacturers of machinery and equipment, which design a product and make to order, show that only a handful have realized healthy sales, profits & ROI in the last decade.

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Equipment Manufacturing BA

industries

Equipment Manufacturing

Vector Consulting Group helps industrial equipment manufacturing firms develop agile new product development, operations, sales and service to enhance ROI.

Industrial Equipment Manufacturing Consulting Services in India | Vector Consulting Group

Explore Vector Consulting Group's success with Hercules Hoists Ltd, significantly reducing receivables and boosting sales and operating profit.

Hercules Hoists Ltd. | Reduced receivables & improved throughput | Vector Consulting Group

Reduce production lead time, improve delivery reliability, and increase plant output by using hidden capacity in plants.&nbsp;

bahasa Solution helps resolve the conflict of capacity utilization and need to deliver specific orders for customers in the shortest lead time.

High Velocity Custom Manufacturing

Solution helps resolve the conflict of capacity utilization and need to deliver specific orders for customers in the shortest lead time.

Enhance efficiency and precision in specialized industries by implementing Vector Consulting Group's custom manufacturing solutions.

Custom Manufacturing Solutions | Vector Consulting Group

Boost sales team effectiveness. Increase the capacity of the company to generate new business by freeing the sales team from transactional activities in sales.&nbsp;

Solution helps release capacity of sales team and enhances their effectiveness.

Sales Process Transformation

Explore Vector Consulting Group's  sales process transformative solutions that leverage R&D insights to streamline operations and reduce lead times.

Enhance Sales & Reduce Lead Time in R&D | Vector Consulting Group

The company, a division of Bajaj Electricals Ltd., achieved an on-time delivery performance of 85%, beating the industry standards of 20%-30%.up by 64%, receivables down by 50%, and profits up by 300%!!

Bajaj Luminaires Division

Vector Consulting Group's case study on work with Bajaj Electricals - Luminaires division, on improve performance of its supply chain.

Bajaj Electricals - Luminaries | Improve on-time-in-full delivery | Vector Consulting Group

Bajaj Electricals Limited (BEL) with a turnover of Rs.4,500 crores, is a globally renowned company which has diversified interests in lighting, luminaires, engineering and projects. The consumer products division of the company which includes small appliances, fans and lighting, accounts for 50% of the top line.Previously, the view was that the only way this consumer products company could pursue growth was by launching new SKUs and pursuing aggressive "push" sales. So, the company’s distributors and dealers maintained a huge <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">inventory</a>. However, inspite of this, channel partners frequently experienced stock-out of products which were in demand. Thus, the company struggled to achieve good <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/managing-distribution-chain-is-there-a-better-way-than-gazing-the-crystal-ball/">retail</a> availability and could not grow market share significantly in any category.With the objective of increasing sales by addressing the <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">sales</a> lost due to unavailability, the company adopted <a href="https://www.vectorconsulting.in/en/scientific-system-thinking/">TOC</a> “pull” distribution solution. In addition to phenomenally improving its visibility and control over secondary sales, the company achieved the following results:<figure class="image"><img style="aspect-ratio:918/887;" src="https://backend.vectorconsulting.in/storage/editor_uploads//image_1720245006.png" width="918" height="887"></figure>

Bajaj Electricals Limited (BEL) with a turnover of Rs.4,500 crores, is a globally renowned company which has diversified interests in lighting, luminaires, engineering and projects. The consumer products division of the company which includes small appliances, fans and lighting, accounts for 50% of the top line.Previously, the view was that the only way this consumer products company could pursue growth was by launching new SKUs and pursuing aggressive "push" sales. So, the company’s distributors and dealers maintained a huge <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">inventory</a>. However, inspite of this, channel partners frequently experienced stock-out of products which were in demand. Thus, the company struggled to achieve good <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/managing-distribution-chain-is-there-a-better-way-than-gazing-the-crystal-ball/">retail</a> availability and could not grow market share significantly in any category.With the objective of increasing sales by addressing the <a href="https://www.vectorconsulting.in/en/research-and-publication/articles/100-availability-with-less-than-half-the-inventory/">sales</a> lost due to unavailability, the company adopted <a href="https://www.vectorconsulting.in/en/scientific-system-thinking/">TOC</a> “pull” distribution solution. In addition to phenomenally improving its visibility and control over secondary sales, the company achieved the following results:<figure class="image"><img style="aspect-ratio:918/887;" src="https://backend.vectorconsulting.in/storage/editor_uploads//image_1720245002.png" width="918" height="887"></figure>

See how Vector Consulting Group helped Bajaj Electricals Ltd increase sales, distributor ROI, and the number of retailers through strategic improvements.

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