Supply Chain Cost Reduction Opportunities for Indian Companies
A new report “Supply Chain Cost Reduction in India” by Aqua MCG has been released. The report covers current Indian market and the performance of supply chain structures. Cost management best practices along with a structured approach to cost management and cost reduction focus areas are dealt in detail.
Mumbai, India, May 23, 2009 --(PR.com)-- Aqua MCG has announced the addition of their new report “Supply Chain Cost Reduction in India” to their offering; this is a comprehensive report for companies facing the complex process of Sales & Operation Planning, and Cost Management.
Failed companies. Rescued banks. Panicked markets. Our current economic suffering is being hailed as one of the worst of all times. With a sharp decline in wealth, now more than ever, have organisations realised the need for strategic thought and planning. This is where supply chain cost reduction has assumed its insurmountable position.
To begin with, we know the aim of any firm is to produce goods to meet the end-customer requirements. One of the key differentiators that influences a customer’s buying behaviour is the price of the product. This is especially true for a mass market like India, where volumes are more important. Another reason for this is the increasing maturity of many industries and the mass commoditization of products. In such cases, product price and on-time delivery become very critical factors. With cut-throat competition and increasing input prices, cost reduction is a must to help maintain/increase margins.
Secondly, there is always a push from shareholders to maximize their return on investments. As operations cost for a major part of the cost that goes into the product, supply chain cost is the single most important area for cost reduction. However supply chain cost reduction needs to be followed with the customer in focus i.e. there should be no compromise on either the quality of the product or technology or customer service.
Companies that have been successful in cost reduction realise that it’s not enough to just reduce expenses to remain competitive; rather it takes innovative measures to emerge as leaders. This is why the role of knowledge advisory groups is so important. They help provide a much needed innovative & structured program, designed through practice-proven tools and strategies from specialists. The report is accessible from Aqua MCG's website (http://www.aquamcg.com/KnowledgeCentre/Publications/tabid/120/page/1/Default.aspx)
For additional information on Supply Chain Cost Reduction Opportunities, contact Aditya Pikle at aditya.pikle@aquamcg.com or visit Aqua MCG’s website
(http://www.aquamcg.com/Default.aspx)
About Aqua MCG :
Aqua Management Consulting Group (Aqua MCG) is a premier advisory and execution group committed to delivering superior operations & supply chains and maximizing business value for our clients. We help transform and manage supply chains for better business performance. We do this by providing -
* High value consulting advice and complete execution support
* Business and functional leadership, on a BOT model
* Supply chain outsourcing solutions and services
* Steady-state operations monitoring & continuous performance improvement
Our team comprises professionals with strong consulting experience, good domain knowledge and execution leadership. We use structured methodologies, analytical rigor and defined metrics to deliver value for every project we undertake.
Contact:
Aditya Pikle
MUMBAI (Head Office)
Aqua Management Consulting Group Pvt. Ltd.
B - 405 / 406, Kotia Nirman, Link Road,
Andheri (West), Mumbai - 400053, India.
Tel: +91 22 40355600
Fax: +91 22 40355666
###
Failed companies. Rescued banks. Panicked markets. Our current economic suffering is being hailed as one of the worst of all times. With a sharp decline in wealth, now more than ever, have organisations realised the need for strategic thought and planning. This is where supply chain cost reduction has assumed its insurmountable position.
To begin with, we know the aim of any firm is to produce goods to meet the end-customer requirements. One of the key differentiators that influences a customer’s buying behaviour is the price of the product. This is especially true for a mass market like India, where volumes are more important. Another reason for this is the increasing maturity of many industries and the mass commoditization of products. In such cases, product price and on-time delivery become very critical factors. With cut-throat competition and increasing input prices, cost reduction is a must to help maintain/increase margins.
Secondly, there is always a push from shareholders to maximize their return on investments. As operations cost for a major part of the cost that goes into the product, supply chain cost is the single most important area for cost reduction. However supply chain cost reduction needs to be followed with the customer in focus i.e. there should be no compromise on either the quality of the product or technology or customer service.
Companies that have been successful in cost reduction realise that it’s not enough to just reduce expenses to remain competitive; rather it takes innovative measures to emerge as leaders. This is why the role of knowledge advisory groups is so important. They help provide a much needed innovative & structured program, designed through practice-proven tools and strategies from specialists. The report is accessible from Aqua MCG's website (http://www.aquamcg.com/KnowledgeCentre/Publications/tabid/120/page/1/Default.aspx)
For additional information on Supply Chain Cost Reduction Opportunities, contact Aditya Pikle at aditya.pikle@aquamcg.com or visit Aqua MCG’s website
(http://www.aquamcg.com/Default.aspx)
About Aqua MCG :
Aqua Management Consulting Group (Aqua MCG) is a premier advisory and execution group committed to delivering superior operations & supply chains and maximizing business value for our clients. We help transform and manage supply chains for better business performance. We do this by providing -
* High value consulting advice and complete execution support
* Business and functional leadership, on a BOT model
* Supply chain outsourcing solutions and services
* Steady-state operations monitoring & continuous performance improvement
Our team comprises professionals with strong consulting experience, good domain knowledge and execution leadership. We use structured methodologies, analytical rigor and defined metrics to deliver value for every project we undertake.
Contact:
Aditya Pikle
MUMBAI (Head Office)
Aqua Management Consulting Group Pvt. Ltd.
B - 405 / 406, Kotia Nirman, Link Road,
Andheri (West), Mumbai - 400053, India.
Tel: +91 22 40355600
Fax: +91 22 40355666
###
Contact
Aqua Management Consulting Group (Aqua MCG)
Ravi Ande
+91 22 40355600
www.aquamcg.com
Ravi Ande
+91 22 40355600
www.aquamcg.com
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