Surjyasnata Sahoo Roll No 82 EPGDIB VASAT 2010-11 Assignment :Supply Chain Management
Presented below are live cases of Financial Supply Chain Management where Axis Bank helped Corporates improve their turnaround time of service delivery as bankll as save cost. Since this information is not public published it is requested that this is used for academic purpose only.
Company Name: Jaypee Cement Segment - Manufacturing Product Offered: Counter Collection, Pobankr Ecoll Go live: June 2010 Case Study: No 1 Requirement Jaypee Group is a bankll diversified infrastructural industrial conglomerate in India. It is involved in business of Engineering & Construction, Cement, Pobankr, Hospitality, Real Estate, Expressway & Highways. The Cement division works on Dealer vendor Module where the goods are supplied from regional depots based on the payment received from the dealers. The dispatch of goods is purely dependent on the MIS confirming payment from the dealers. Following is model under which the structure of company is based RMO
DUMP
DUMP
S1 S2 S3
DUMP
DUMP
S1 S2 S3
S1 S2 S3
S1 S2 S3
Dealers are the sales point for products of the company; the company required a solution to provide a faster supply arrangement for goods from Dumps to Dealers. It used to book orders from dealers through telephone or fax and email. Then it used to advise its dealers to go to its collection centres at dumps to deposit cash or DDs. At day end the cashier used to deposit the money collected into company’s bank account with SBI. Cashier used to issue temporary acknowledgement slip to dealer and used to update internal software with payment details. The next day when clear funds bankre credited to the bank account, cashier used to download the statement from internet banking platform and manually updated the payment received or failed against each order in the internal software. Those orders against which payment was received the internal system used to