homeauto NewsForce Motors undertakes enterprise wide cost optimisation

Force Motors undertakes enterprise-wide cost optimisation

Force Motors undertakes enterprise-wide cost optimisation
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By PTI Aug 17, 2020 6:32:21 PM IST (Published)

Force Motors Ltd on Monday said it is undertaking enterprise-wide cost optimisation in all areas of its vehicle business in the wake of slowdown in auto sector, impact of BS-VI transition and the coronavirus pandemic.

Force Motors Ltd on Monday said it is undertaking enterprise-wide cost optimisation in all areas of its vehicle business in the wake of slowdown in auto sector, impact of BS-VI transition and the coronavirus pandemic.

The company, which makes commercial vehicles under the Traveller brand and utility vehicle Trax, besides a range of tractors, has appointed consulting firm EY to help it in the exercise, Force Motors said in a statement.
"The key focus is to build business resilience by looking at all aspects of costs straddling material, manufacturing, logistics and support cost elements. The multi-year program titled 'Accelerate' will help Force Motors realign its cost structure while strengthening the businesses ability to react to the volatile environment at both ends of the value chain," it said.
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