CHANNEL RESEARCH FOR A LEADING INDIAN BRAND FOR TOGGLE SWITCHES

The client is a global leader in energy management and automation and provides solutions for energy and automation management in homes, buildings, data centers, infrastructure, and industries.

Their portfolio includes a wide range of switches including toggle switches, for residential, commercial, and industrial applications. With a strong presence in the electrical industry, the company caters to the needs of different sectors and applications.

The Problem Statement :

With rising demand for toggle switches, the client was facing challenges in planning for future site closures and distribution delays, determining the need for new raw material supply sources, and implementing new safety procedures.
Furthermore, the client was having difficulty understanding the immediate implications throughout the value chain and reacting to massive surges in demand
The study aimed to evaluate clients’ operational models for understanding the challenges in the value chain as well as map strategies adopted by key competitors and industry leaders to ensure the fast availability of the products on the market

Our Research Approach

Demand planning and coordination across the supply chain are prerequisites to ensure that the right products are delivered to the right locations at the right time
Novus Insights experts designed a tailored approach using primary and secondary research to understand supply chain challenges to enhance visibility into supply chain processes
Our experts began conducting in-depth interviews with industry experts, including manufacturers, suppliers and distributors, to map competitors’ supply chain processes and identify cost-effective methods to gather actionable insights

Inventory and manufacturing processes
Total producers & raw material vendors
New collaborations – suppliers, vendors, producers, distributors, etc.
Packaging process
Total suppliers/distributors – region wise
Finances – credit policies, discounting structure, etc
Latest technologies
Logistics and transportation – final goods
After-sales service process
Past successes & failures in the supply chain

Our experts helped the client improve its communication throughout the supply chain. Novus Insights engagement also supported strategic planning for the supply chain to improve the manufacturer's relationships with vendors and suppliers

Key Takeaways of the Research :

Our engagement helped the client analyze the potential demand for products in advance and integrate supply and demand planning.
This helped the client reduce the risk on its operations through measures such as supplier quality assurance, alternative supplier development, assessing competitors’ supply chain activities, and timely sourcing from alternative regions
By leveraging Novus Insights engagement, the client successfully streamlined its supply chain by tackling complexities, mitigating potential obstacles, improving communication, and increasing visibility

Geographic Coverage

Pan India

CHANNEL RESEARCH FOR A LEADING INDIAN BRAND FOR TOGGLE SWITCHES

The Problem Statement :

Our Research Approach

Key Takeaways of the Research :

Geographic Coverage

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