Tata Motors optimises inventory levels amid Covid surge – Times of India

Tata Motors optimises inventory levels amid Covid surge - Times of India | Latest News Live | Find the all top headlines, breaking news for free online May 2, 2021 [ad_1]

NEW DELHI: Tata Motors on Monday stated the corporate shall be sure that optimum levels of inventory are maintained with sellers to fulfill no matter buyer calls for come up and likewise be ready for a rebound in demand as soon as the state of affairs returns to normalcy.
The assertion comes within the wake of a surge of Covid-19 instances throughout the nation. Delhi, Maharashtra, Rajasthan, and a number of other different states have carried out partial lockdown to curb the unfold.
“The lockdown enforced in various parts of the country is expected to impact vehicle demand temporarily. Hence, the company has set in motion a comprehensive ‘Business Agility Plan’ to protect and serve the interests of its customers, dealers and suppliers.,” the assertion learn.
“By carefully calibrating and matching supplies with retail demand, Tata Motors shall ensure that optimal levels of inventory are maintained with dealers to meet whatever customer demands arise and also be prepared for a rebound in demand once the situation returns to normalcy. We will also continue to review and plan for the critical raw materials to cater to this volatile demand outlook and work closely with our vendor partners to meet the same” the assertion added.

The firm, in the meantime, introduced the manufacturing facility is run following authorities protocol and workers are taken care of. “Tata Motors remains vigilant about the evolving COVID situation and has scaled up efforts to enhance the wellbeing of its personnel and their supporting ecosystem.”
“Keeping employee safety foremost, standard operating procedures have been updated for the prevailing second wave with the focus on expediting vaccinations, providing support to affected employees and their family members.”

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