GRP – collaboration for cost control

GRP Ltd
Collaboration for cost control

CLIENT
GRP Ltd (formerly known as Gujarat Reclaim & Rubber Products Ltd.)

INDUSTRY
Manufacturing of reclaimed rubber, rubber products, and polyamides

CONTEXT
GRP Ltd, previously known as Gujarat Reclaim & Rubber Products Ltd. (GRRPL), is the largest producer of reclaimed rubber in Asia and amongst the leaders of the same in the world.

Input costs play a big role in defining margins in this industry – and have been on the upswing since 2012. GRP, with enParadigm’s programs, imbibed this cost minimization mind-set at all levels, and acquired the tools to collaborate for the same.

WHAT WE DID
enParadigm conducted two programs –one for GRP’s plant-level managers and the other for its middle managers at company level.

IMPACT
“Our projects are planned for the next 3 years now.”

“Earlier, we used to provide 90 days credit. Now it has come down to 80 days in the domestic market.”

“The workshop helped non-finance people understand accounting much better. It has now become easy to work with them.”

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