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"Investment is an opportunity to improve quality, cost & delivery" Print E-mail
Written by Arjun   
Saturday, 10 October 2009
Bangalore: The Confederation of Indian Industry (CII) Karnataka organised it's Annual Manufacturing Conference today with the theme 'Gearing for the Upturn: Building Manufacturing Excellence.'

Stating that the economy seems to be back on a roll, Vikram Kirloskar, Chairman, CII National Committee on Design and Vice-Chairman, Toyota Kirloskar Motors Pvt ltd said said that investment in capacity in domestic manufacturing have started taking off.

Delivering the keynote address, he said ", every investment is an opportunity to improve our quality, cost & delivery."

"Every time I approve an investment, besides just increasing capacity of a particular area where we were short of capacity, I want a complete change in the quality, cost and delivery of the entire process in that area. Without that I will not approve even a simple bottle-neck investment. Cost of conversion / value-addition must come down after investment. Otherwise you are duplicating what you have done in the past. Use appropriate automation based on a balance between value addition per employee and capital employed per employee. Quality is based on dedicated manpower and skill up-gradation," he said.

Bhaskar Bhat, MD, Titan Industries Ltd, spoke about the nuances of business management in troubled times.

"Cash generation should be prioritised over sales volumes and profit margins. The current situation is also a natural opportunity to prune costs. Cash conservation in manufacturing will go a long way in cost-cutting as well as innovative mindsets like making cost-saving cool & fashionable. In times of financial difficulty people need to be reassured about their position and value in the company. The employees will need to see the business as strong and capable and will need to feel valued in these challenging times," Bhaskar Bhat said.

Ganesh Iyer, Managing Director - PSD, Caterpillar India, Hosur spoke about green manufacturing and the relevance of remanufacuring.

Deepak Sethi, Chief General Manager, Maruti Suzuki India Ltd. spoke about supply chain practices at Maruti Suzuki. The company has 246 component suppliers. In view of the labour unrest in the Gurgaon-Manesar belt, the company has introduced an initiative to improve the HR policies and systems of it's suppliers. The first phase of this initiative is expected to be completed by the end of this financial year.

The various plenary sessions saw eminent speakers give their opinions on topics such as new business models in manufacturing to get a competitive edge, benefits of green manufacturing, emerging values of digital manufacturing and making Indian manufacturing move up the value-chain.

Last Updated ( Saturday, 10 October 2009 )
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