WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
Manufacturing:
The Company’s manufacturing facilities follow practices such as TQM, TPM and Lean
Manufacturing and has best-in-class practices for safety, work environment, water
and energy conservation.
The Brakes Business of the Company won the TPM Excellence Award from Japan
Institute of Plant Maintenance (JIPM) for its manufacturing facility in Ambattur in
Chennai.
Kaizen activities are implemented to improve manufacturing quality and productivity
in all the manufacturing locations.
The Company has commenced production in the new manufacturing plant in the
Special Economic Zone (SEZ) - Mahindra World City near Chennai to cater to
WABCO’s requirements.
To meet the challenges of emerging competition and to serve the customers better,
the Company proposes to have manufacturing facilities nearer to its major
customers’ plants. The Company has already started its operation in Jamshedpur,
situated near its largest customer Tata Motors.
Quality:
The quality system at the factory aims at achieving total customer satisfaction
through its focus on consistently providing products of high quality. This is achieved
through state-of-art technology, best manufacturing practices, training, total
employee involvement and continuous improvement culture.
The standardization of the quality procedures is aligned with TS 16949 requirements.
Cost Management:
The Company continues its rigorous focus on managing its costs through an effective
cost deployment system. Value engineering and global sourcing projects are being
pursued for cost reduction and also to insulate from cost escalation. TPM and lean
manufacturing initiatives are deployed Company-wide to achieve significant
improvement in productivity and reduction in manufacturing cost.
Information Technology:
The Company uses ERP system that integrates all business processes across the
Company as well as dealers and suppliers. The Company focuses on further
consolidation of ERP system. Most of the business transactions between the
Company, suppliers and dealers are done through ERP.
Human Resources:
As of 31 st August 2008, the Company has 992 employees on its payroll. The
Company will continue to attach considerable importance to its human resource base
and continue to maintain the impeccable record on industrial relations.
Environment & safety:
Safety management is integrated with the overall Environment, Health and Safety
(EHS) management system. The Company is committed to energy conservation.
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