Kirloskar Oil engines is a giant in the field of Power, Agri and services in India. We took a strategic decision to leverage the group’s strong brand equity and trust in agri markets for Entry into New Business with Electrical Pump sets business.
We had the intent and buy-ins from the leadership but lacked a direction. Abridge MSPL was tasked with designing our Product Strategy and Sourcing Model in 6 months’ time to achieve 100Cr sales in 3 years using our existing network.
Process and key highlights:
- Reach – with value added market visits, market needs were identified to feed inputs to product design.
- Range – Complete and state-of-the-art product range of innovative 250 SKUs was designed for both – Agri and Domestic ranges with signature styling.
- Robust Sourcing model was created – added 8 newly appointed OEMs in 4 states.
Well within the decided timeline, the total Product portfolio and Strategy was in place along with the Sourcing model and partners on boarding.