Logistics Execution and Spend Reduction for a leading Paint Manufacturer
Title: Logistics Execution, Spend Management and Optimization for a prominent paint manufacturer of India
- Client is a major paint manufacturer of India. Products include exterior paints
Business Scenario :
- Logistics spend was a concern area for customer. Logistics spend high compared to company turnover.
- Customer needed logistics solutions to optimize the logistics spend. Customer also needed single point of ownership to implement the logistics solutions.
Our Solution :
- Study of current logistics operations , logistics spend, current providers and the rates charged by them
- Suggested innovative solutions to manage the spend in a better way. These involved changing the mode-mix for primary movement
Solution consisted of two components
– Milk Run movement proposed for 3 corridors in North, South and East
– Introduction of rail movement for few destinations to move material from factory to warehouse.
- Safe and hassle free movement of shipments.
- Reduction in damage of shipments.
- Logistics spend reduction by 10% of the earlier spend.