Specialist industrial consulting & execution
Industrial consulting. Grounded in how industry actually works.
IICG helps manufacturers, investors and procurement organisations improve cost competitiveness, strengthen supplier networks, source globally and execute complex industrial programmes.
Fig. 1 — Where the cost of a forged hub is decided
- 1Input weight & flash
- 2Forging route
- 3Machining stock
- 4Drilling & machine rate
- 5Heat treatment
Point at a callout to see why it moves the price.
- Cost
- Procurement
- Suppliers
- Sourcing
- Industrialisation
Our people
Shop-floor depth. Boardroom clarity.
Our dedicated team combines deep manufacturing, procurement, category, cost-engineering and consulting experience. We bring specialists who understand how products are manufactured, how suppliers build cost and how industrial programmes succeed in practice.
They have worked where cost is actually created: inside manufacturing processes, supplier ecosystems, procurement organisations and complex product programmes. We combine that operating experience with structured consulting methods, rigorous analytics and programme discipline, to turn industrial complexity into decisions management teams can act on.
One team, the full height of the problem
- Consulting & analyticsHypothesis-driven analysis, executive communication and investment-grade recommendations.
- Programme leadershipCost, quality and timing governed through launch and implementation.
- Procurement professionalsCategory strategy, sourcing and negotiation in large industrial organisations.
- Cost engineersClean-sheet models built from drawings, routes, cycle times and machine rates.
- Supplier developmentCapability, capacity and readiness assessed on suppliers’ shop floors.
- Category & process specialistsFrom sheet metal, forgings and castings to electronics, fluid power, and indirect and capital spend.
- Manufacturing practitionersYears spent close to the product and the process.
Several members of the team bring a decade or more of hands-on industrial and consulting experience.
Below the quote ยท should-cost lab
A supplier quotes ₹740 a part. Our specialists rebuild it from the part.
This is a working model, not a picture of one. Change the nesting, the press route, the OEE or the commercial terms, and watch the price bridge and the negotiation brief rewrite themselves.
A generic consultant can compare ₹740 with other quotes.
A procurement specialist can push ₹740 down.
An experienced manufacturing-cost team asks what ₹740 is made of. Then procurement can determine what should actually be paid.
Illustrative part, prices and rates. Figures show how a should-cost is built, not a client result.
Procurement & Cost TransformationExpertise
Three flagship practices. One industrial point of view.
Specialist industrial consulting and execution, with particular depth in cost, procurement, suppliers, sourcing and industrialisation.
Industrial Procurement & Cost Transformation
We do not stop at identifying a price gap. We determine where the economics come from and what must change to close it.
- Should-cost & clean-sheet costing
- Cost-reduction programmes
- Direct & indirect procurement
- Savings governance & validation
Global Sourcing & Supplier Operations
Build a competitive supply base, not a supplier list: from supply-market intelligence and RFQ to qualification, industrialisation and supplier performance.
- Category-country assessment
- Supplier identification & qualification
- APQP / PPAP & production readiness
- India Sourcing Office
Procurement Intelligence & AI
Industrial intelligence first. Technology where it creates value: spend, supplier, market and cost-driver intelligence, then client-specific automation.
- Spend & supplier intelligence
- Quotation analytics
- Cost-model automation
- Knowledge copilots
Across all three practices
Product Development & Industrialisation
Cost is created before sourcing begins. NPI procurement, prototype sourcing, tooling, APQP/PPAP coordination and launch readiness.
Supplier Development & Recovery
Sourcing a supplier is easy compared with making one production-ready. Capability, capacity, readiness and recovery.
Industrial Benchmarking
Benchmarking should produce decisions, not just comparison tables. Product, technical, cost, supplier and route benchmarks.
Category & process expertise
Category expertise that goes below the spend cube.
Every category below is supported by specialists who have worked with it at process level: the material, the route, the machine and the supplier behind the price.
Sheet Metal & Fabrication
Stamping, fabrication, welded structures and enclosures.
- Blank size & nesting
- Press route & tonnage
- Weld content
- Finish & coating
Forgings
Closed- and open-die, hot and cold forging, with downstream machining.
- Input weight & flash
- Hammer, press or upset route
- Die life
- Heat treatment
Castings
Iron, steel and aluminium, in sand, die and investment casting.
- Pour weight & yield
- Core complexity
- Fettling & rejection
- Machining allowance
Machining & Precision Components
Turned, milled, ground and precision parts.
- Cycle time per operation
- Machine-hour rate
- Set-ups & fixtures
- Tolerance-driven process
Plastics, Polymers & Composites
Injection moulding, extrusion, blow moulding and structural composites.
- Resin grade & specification
- Shot & runner weight
- Cavities & cycle time
- Wall thickness & cooling
Electrical, Electronics & Embedded Systems
Harnesses, PCBs and EMS, sensors, control units, switches and connectors.
- Copper & material content
- Circuit & connector count
- Component allocation risk
- Labour & test content
Tooling, Dies, Moulds & Fixtures
Press tools, casting dies, moulds, fixtures and gauges.
- Tool architecture
- Steel grade & tool life
- Try-out & modifications
- Amortisation & ownership
Wider direct coverage
- Rubber, seals & elastomers
- Mechanical components & motion systems
- Hydraulics, pneumatics & flow systems
- Power systems & e-mobility
- Special processes & surface engineering
- Raw materials & commodities
Indirect, capital & operating spend
Indirect spend often receives less category expertise than direct materials. It can also deliver some of the fastest savings.
Representative category coverage. IICG assembles mandate-specific specialist teams around the product, process, spend category and industry involved.
How we work
Advice is valuable only when it survives execution.
Our work continues past the recommendation: through sourcing, supplier qualification, tooling, industrialisation and governance, until value shows up where it counts.
From evidence to realised value
Diagnose
Understand spend, product, specification, supplier, process and baseline.
Engineer
Build cost transparency and determine what economically should happen.
Source
Test supplier markets, alternatives and competitive tension.
Decide
Create fact-based commercial and strategic choices.
Industrialise
Qualify suppliers, tooling, process and readiness, and implement.
Realise
Track negotiated benefits through implementation and financial validation.
Value we can defend
We distinguish opportunity from outcome.
Where mandates include implementation, IICG tracks value from analytical identification through negotiation, implementation and agreed benefit validation. Each stage is reported separately, and none borrows the credibility of the next.
Identified opportunity
Quantified by analysis: should-cost, benchmarks and specification challenge.
Evidence: cost models, baselinesNegotiated savings
Agreed with the supplier, with terms, volumes and effective dates.
Evidence: signed quotations, agreementsImplemented savings
Live in purchase orders and price masters, on parts actually received.
Evidence: PO and invoice dataFinance-validated savings
Confirmed with finance against an agreed baseline in the P&L.
Evidence: finance sign-offCertainty of value
India Sourcing Office
A professional industrial sourcing capability on the ground in India.
IICG acts as an extension of your procurement and supplier-operations organisation in India: from market mapping and RFQ to supplier qualification, industrialisation and ongoing performance management.
India can offer significant manufacturing depth and competitive economics. Sourcing value depends on finding the right capability, validating it correctly and managing industrialisation rigorously.
Explore the India Sourcing OfficeSelected experience behind our team
Experience earned inside complex industrial programmes.
Our professionals bring experience from complex cost, sourcing, supplier and industrial programmes across automotive and manufacturing environments in India and international markets.
Product, technical and cost benchmarking
Benchmarking across competing vehicles, linking specification differences to cost and customer value.
From first prototype to production
Prototype sourcing, supplier development and industrialisation for commercial-vehicle programmes.
Direct materials and new projects
Procurement and cost management for passenger-vehicle and two-wheeler programmes.
Process-level supplier work
Assessment and development of sheet-metal, forging, casting and machining suppliers.
Cost and transformation workshops
Structured workshops with procurement, engineering and supplier teams to surface and prioritise cost levers.
Expert consulting assignments
Industrial-goods assignments combining analytics with manufacturing and procurement depth.
Experience described here was gained by members of our team in prior industrial and consulting roles. It is not presented as IICG client work.
How we write about our workIndustries
The same categories, many industries.
Castings, forgings, machining, sheet metal and electrical components are made the same way whoever buys them. Our specialists work across the industries that depend on them.
Automotive & Mobility
OEMs and Tier-1 and Tier-2 suppliers facing cost-down pressure, new programmes and localisation.
Industrial Manufacturing
Broad direct and indirect spend, long-standing supplier bases and capital-intensive operations.
Engineered Products & Machinery
High-mix products where specification, fabrication and bought-out content drive cost.
EV & New Mobility
New supply bases for electrical systems, cost targets set early and fast industrialisation.
Also serving
The same specialists, the same processes, different standards and volumes.
Who we work with
Corporate & IndustrialOEMs, Tier-1 and Tier-2 suppliers, industrial groups and growth manufacturers. Private Capital & Portfolio CompaniesDiligence, 100-day plans and value creation for investors and their portfolio businesses. Consulting, Advisory & Investment TeamsSpecialist industrial capability inside your mandate. Public Sector & Government-Backed EnterprisesIndustrial procurement, cost, supplier and programme capability.Teams built around the mandate
Every team is assembled around the problem.
We do not staff industrial problems with generic consulting teams and learn the manufacturing category along the way. Each IICG engagement is assembled around the mandate, bringing together the relevant category or process specialist, procurement and commercial expertise, cost engineering, analytics and programme leadership, under IICG’s engagement leadership and methods.
Our peopleCost transformation
- Engagement leadership
- Category or process specialist
- Cost engineer
- Procurement specialist
- Analytics
- Implementation & PMO
Global sourcing
- Engagement leadership
- Category specialist
- Sourcing professional
- Supplier quality & industrialisation
- Commercial analysis
- Local programme coordination
Supplier recovery
- Engagement leadership
- Process specialist
- Supplier quality
- Capacity & industrial engineering
- Commercial recovery
- Escalation governance
Filled markers show the specialist role that changes with each mandate.
The quote is not the starting point
Benchmarking and negotiation both start from the supplier’s number. Should-cost starts from the part, which is why it can explain what the other two cannot.
Opportunity is not outcome
Identified, negotiated, implemented and finance-validated savings are four different numbers. Treating them as one is how cost programmes lose credibility.
Supplier risk now sits beside savings
Procurement leaders are being asked to deliver savings and resilience at the same time. In industrial supply bases, the two are found in the same places.
A difficult cost, supplier or sourcing decision deserves more than a benchmark.
Tell us about the part, the category, the supplier or the programme. A senior member of our team will respond.
Talk to IICG[email protected]