Interim Report
MUKESH PATEL SCHOOL OF TECHNOLOGY MANAGEMENT AND ENGINEERING (MPSTME) NMIMS
Interim Report (IR)
Submitted To: Prof. Seshadri Vishwanath
Submitted By:
Navin Chawla,
Roll No: 106,
MBA (Tech) – 2013,
IT – Mumbai.
INTERIM REPORT
Mahindra Construction Equipment (MCE)
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Abstract:
This report contains three projects discussed in succession. These ad hoc projects will help MCE to establish improved managerial policies and procedures, maintenance, control and situational analysis. The projects are listed below: 1. Inventory Reduction of Spare parts. 2. Dealer Management System (DMS). 3. Dealer Inventory Health Check – Analysis & Valuation.
MCE maintains spare parts for their product, the “EarthMaster”, for servicing the end-customers. Up to 30 % of this inventory is non-moving since the past 12 months, which is the main concern for the spare parts manager. Considering various factors such as criticality, availability, Lead time consumption etc., and using a Multi-unit Selective Inventory Reduction & Control technique, a strategy for reducing this inventory has been formulated. This method aims to reduce the stock level by at least 15-20%.
DMS software will help MCE to bridge gap between the dealers and the end-customers. Apart from this, DMS will also automate all operations of dealers, thus reducing time and cost. This software aims to integrate all operations at respective dealers, thus resulting in higher productivity. This software will be developed by “Tally Solutions Pvt. Ltd.” which is M&M’s IT partner.
All authorized dealers of M&M’s MCE division need to purchase an Inventory Dealer Kit (IDK) worth Rs. 11 lakhs during establishment, to start operations with MCE. However, recently, many dealers have claimed that this IDK is contributing majorly to their respective non-moving stock. After justification, strategies need to be developed to reduce the excess inventory
Interim Report (IR)
Submitted To: Prof. Seshadri Vishwanath
Submitted By:
Navin Chawla,
Roll No: 106,
MBA (Tech) – 2013,
IT – Mumbai.
INTERIM REPORT
Mahindra Construction Equipment (MCE)
-------------------------------------------------
Abstract:
This report contains three projects discussed in succession. These ad hoc projects will help MCE to establish improved managerial policies and procedures, maintenance, control and situational analysis. The projects are listed below: 1. Inventory Reduction of Spare parts. 2. Dealer Management System (DMS). 3. Dealer Inventory Health Check – Analysis & Valuation.
MCE maintains spare parts for their product, the “EarthMaster”, for servicing the end-customers. Up to 30 % of this inventory is non-moving since the past 12 months, which is the main concern for the spare parts manager. Considering various factors such as criticality, availability, Lead time consumption etc., and using a Multi-unit Selective Inventory Reduction & Control technique, a strategy for reducing this inventory has been formulated. This method aims to reduce the stock level by at least 15-20%.
DMS software will help MCE to bridge gap between the dealers and the end-customers. Apart from this, DMS will also automate all operations of dealers, thus reducing time and cost. This software aims to integrate all operations at respective dealers, thus resulting in higher productivity. This software will be developed by “Tally Solutions Pvt. Ltd.” which is M&M’s IT partner.
All authorized dealers of M&M’s MCE division need to purchase an Inventory Dealer Kit (IDK) worth Rs. 11 lakhs during establishment, to start operations with MCE. However, recently, many dealers have claimed that this IDK is contributing majorly to their respective non-moving stock. After justification, strategies need to be developed to reduce the excess inventory