Mumbai, Maharashtra, India:
Vector Consulting Group, one of the leading consulting firms specializing in Theory of Constraints (TOC) in India, has entered into a multi-year engagement with Jyoti Limited. Vector Consulting Group will be the implementation partner for transforming the supply chain of Jyoti Ltd. using the TOC principles.
Speaking about this initiative, Satyashri Mohanty, Founding Director, Vector Consulting Group said, "Equipment manufacturing is one of most complex operations environment due to need to synchronize multiple parts procured to an order from multiple vendors for integration in assembly. The solution aims at increasing flow rate by synchronizing the parts for assembly. This should help in reducing lead time while improving the output of the plant."
"The typical equipment manufacturing operations practices of the industry are based on principles of early start which leads to very high work in progress, huge receivables and inventory, said A. Gopalkrishnan, Chief Operating Officer, Jyoti Ltd. Using the TOC principles we aim to improve the internal flow rate as well as rate of project closure significantly. We aim to reduce plant inventories and receivables stuck in retention while significantly growing revenues and profits."
Through Theory of Constraints, Jyoti Ltd. intends to redefine paradigms of managing the multi-project environment.
About Jyoti Ltd.:
A leading Engineering Company, established in 1943, Jyoti Ltd is a leading ISO 9001: 2008 offering high quality products and services to clients in India and in the international market in vital field of Water, Power Generation, Transmission and Distribution.
About Vector Consulting Group:
Vector Consulting Group is the largest consulting firm in the space of Theory of Constraints consulting in India. It engages with organizations to bring about quantum improvements in sales and bottom -line using the supply chain as the key leverage. Vector Consulting Group is engaged with India's most renowned industrial houses such as Tata, Godrej, Bajaj Electricals, Trident Group, Cummins Group, Liberty, Raymond, and Kirloskar Oil Engines etc.
For more information, please visit http://www.vectorconsulting.in/
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