Tata Motors, the country largest auto maker by revenues, is reportedly re-aligning its sourcing strategy as part of a major organization revamp. It is likely to undertake one part one vendor strategy, which will help it to cut cost and bring in synergies through economies of scale by sourcing from one vendor instead of 5-8. According o the new sourcing strategy, the automaker is planning to consolidate all platforms into a single sourcing group. This group will have 8 or 9 sub verticals such as electricals, body frame, engine and transmission, suspension and brakes, interiors, among others.
Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.
Company Name | CMP |
---|---|
Tata Motors | 999.35 |
Ashok Leyland | 185.10 |
Force Motors | 9584.60 |
Olectra Greentech | 1746.05 |
Tata Motors - DVR | 673.90 |
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