 |
|
Presently procuring materials
for 72,000 tractors per annum. |
|
|
Present procurement value over
US$ 30 million. |
|
|
Production will rise to 100,000
tractors per annum in 2 years. |
|
|
Procurement value will rise
to almost US$ 45 million in that period. |
|
|
Presently 387 suppliers of which
over 95% are India domestic. |
|
|
Advantages of low costs of materials
in India. |
|
|
Items procured are: |
| |
|
|
|
Castings |
|
|
Forgings |
|
|
Machined Parts |
|
|
Proprietaries |
|
|
Sheet Metal |
|
|
Hardware |
|
|
|
Major initiatives are: |
| |
|
|
|
Consolidate and rationalise
our vendor base |
|
|
Capacity planning to deal
with large increase in volumes planned |
|
|
Rationalising cost of
ownership |
|
|
Strengthen Supply Chain
and Manufacturing Requirements Planning |
|
|
Cost reduction and Value
Engineering programs |
|
|
Adopt e-sourcing for
a growing volume of our procurement
|
|
