9. Current SCM Updates & Challenges :
Category Description Effect
categories
Updates and Challenges
Material and Inventory Sudden schedule
Increase & fluctuations
All Suppliers • SS304 new Rates received from INR265/270 , 430TI-RS184.94, SS439:Rs187,
SS441: RS215/RS220
• As per market intelligence from global Purchasing 300 series price will increase from
November (Meeting with acceronex)
Outbound logistics Sudden Schedule
changes from customer
monthly
Premium
freight
• Customer premium freight Zero in October month .
IMPORT Logistics Shipment and custom
clearance delay
Import
Suppliers
• Registration at ports completed and material receipt on new name
• IEC registration on IEC gate in progress
• SVB PO released and documents plan to send in second week
Gaskets China Ningbo shield • Inventory level increased to 60 days due to drop in schedules from Tenneco ,by
December reduced to 30 day
Fasteners Import Supply Deliveries' • Price reduction received from TECHs by 5% for FBTC21 for new orders .
• NAFCO material with reduce rates for nut from 0.66USD to 0.54 USD
• FBTR20 from November will be in warded with NAFCO with 30% SOB
10. Localization and Sourcing of Fasteners
Category Description Effect categories Updates and Challenges
Localization Fasteners
New Suppliers
for T Bolt and
Nut
Sundaram Fasteners
• NDA received and Initial Audit done
• Prices received cheaper to Techs
• Supplier internally discussion on feasibility of Manufacturing
• Purchase order released and Time plan submitted for Ahead with FBTC21
• Delay Expected samples delivery by December start ,Tooling development and RM
procurement in process.
• Meetings planned biweekly
SK fasteners
• NDA signoff done
• Visit planning in process to verify the facility supplier (Delayed)
• Currently supplying to Jolly only forged , remaining process is done at customer approved
sources
11. Time plan : Sundaram Fasteners : FBTC21 Updated 06/10/22
12. Raw Material New Sourcing
Category Effect categories Updates and Challenges
Raw material
New
Suppliers
• Shett Engineering ( Pending )
• Audit to be planned for the outsourcing slitting process.
• Supplier currently has narrow slitting line in Taloja.
• Development process will be required as per Automotive requirements
• Supplies to Sharda motors and Tenneco also as sub vendor
Jindal Stainless Steelway Limited:
• Audit Done and can be taken Ahead from QA
• Payment terms: Advance payment before delivery is Risk
• Manufacturing constraint of slitting < 40mm
• Facility available in Mumbai for slitting
• PO released For 10 MT
