 |
|
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. |
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|
Items procured are: |
| |
|
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|
Castings |
|
|
Forgings |
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Machined Parts |
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Proprietaries |
|
|
Sheet Metal |
|
|
Hardware |
|
|
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Major initiatives are: |
| |
|
|
|
Consolidate and
rationalise our vendor base |
|
|
Capacity planning
to deal with large increase in
volumes planned |
|
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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
|
|
