Current Strategies suggested
1. Bajaj auto must come out with new models in 2 and 3 wheeler segment to sustain its market share in the comparative domestic market.
2. Bajaj auto should tighten up the supply chain mechanism and gearing up of the distribution system. It is advised also Bajaj auto to take steps for cutting costs, specially overheads including salaries
3. It should increase focus on its 5 different products- scooters, motorcycles, step- thru scooters, scooterettes & 3 wheelers-from production to dealers front.
4. Bajaj should strengthen its marketing and sales department by creating a separate teams for different products in the coming months
5. To arrest declining scooter sales, bajaj auto has introduced a low cost variant of its chetak scooter and a 4 stroke version of the step-thru M-80
6. Stung by the declining scooter sales, bajaj auto should undertake a portfolio re-shuffles exercise by which the motorcycles division will be main growth vehicle of the company.
7. It should gear up towards improving its productivity levels and they should be able to double the output with the current workforce.
8. Bajaj should launch models with automatic transmission.
9. There is a need for greater decentralization at the plant level to ensure that each worker adds value.
10. In a bid to cut costs, the company should work towards in pushing up indegenisation for its 2-wheeler models and reduce waste at the factory level. It should also work in tandem with vendors to identify for bringing down the cost at the latter's end.
11. The company should opt for VRS schemes in a bid to cut its cost
12. Bajaj auto has started a component procurement and product development restructuring exercise called 'Scorpio'. This will reduce the company's inventory levels and cut the vendor base by half.
1. Bajaj auto must come out with new models in 2 and 3 wheeler segment to sustain its market share in the comparative domestic market.
2. Bajaj auto should tighten up the supply chain mechanism and gearing up of the distribution system. It is advised also Bajaj auto to take steps for cutting costs, specially overheads including salaries
3. It should increase focus on its 5 different products- scooters, motorcycles, step- thru scooters, scooterettes & 3 wheelers-from production to dealers front.
4. Bajaj should strengthen its marketing and sales department by creating a separate teams for different products in the coming months
5. To arrest declining scooter sales, bajaj auto has introduced a low cost variant of its chetak scooter and a 4 stroke version of the step-thru M-80
6. Stung by the declining scooter sales, bajaj auto should undertake a portfolio re-shuffles exercise by which the motorcycles division will be main growth vehicle of the company.
7. It should gear up towards improving its productivity levels and they should be able to double the output with the current workforce.
8. Bajaj should launch models with automatic transmission.
9. There is a need for greater decentralization at the plant level to ensure that each worker adds value.
10. In a bid to cut costs, the company should work towards in pushing up indegenisation for its 2-wheeler models and reduce waste at the factory level. It should also work in tandem with vendors to identify for bringing down the cost at the latter's end.
11. The company should opt for VRS schemes in a bid to cut its cost
12. Bajaj auto has started a component procurement and product development restructuring exercise called 'Scorpio'. This will reduce the company's inventory levels and cut the vendor base by half.