Unlock synergies
Following the merger and formation of Tata Consumer Products Limited, we set out to integrate and synergise networks across distribution and supply chain, and drive savings through scale and harmonisation of processes. This has resulted in significant benefits, better operating effectiveness, and enhanced consumer centricity.
THE POWER OF COMING TOGETHER
The merger of Consumer Products Business of Tata Chemicals with Tata Global Beverages Ltd. was completed on February 7, 2020 and led to the creation of Tata Consumer Products Limited (Tata Consumer) with the goal of bringing together two complementary businesses. This transaction offered an opportunity to create a consumer company with enhanced scale and financial strength, best-in-class processes resulting in cost and revenue synergies across distribution, marketing, and supply chain.
MERGER AND FORMATION OF TATA CONSUMER PRODUCTS LIMITED
Dedicated Integration Management Office (IMO)
A dedicated Business Integration and Transformation
team was created to spearhead the integration
programme across people, systems and processes.
In the first 100 days post conclusion of the merger,
all critical decisions across S&D and supply chain
integration, process harmonisation, synergy realisation
and medium-term growth strategy were taken by the
governing committee followed by swift implementation of the agreed plan. Though there were several
challenges to drive an integration of this magnitude and
complexity in the midst of a global pandemic, dedicated
change management and robust progress monitoring
enabled a successful integration. The team continues to
work on critical transformational initiatives in addition
to ensuring successful integration of newly acquired
businesses.