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The document discusses best management practices in the automobile manufacturing industry in India. It lists the top companies and describes 15 key practices. These include supply chain management, outbound logistics, waste reduction, plant maintenance, quality management, strategic planning, human resources, information management, organizational change management, customization, green supply chains, labor management, fixed asset tracking, and capacity management. The practices focus on optimizing operations, reducing costs, satisfying customers, and achieving strategic goals.
The document discusses best management practices in the automobile manufacturing industry in India. It lists the top companies and describes 15 key practices. These include supply chain management, outbound logistics, waste reduction, plant maintenance, quality management, strategic planning, human resources, information management, organizational change management, customization, green supply chains, labor management, fixed asset tracking, and capacity management. The practices focus on optimizing operations, reducing costs, satisfying customers, and achieving strategic goals.
The document discusses best management practices in the automobile manufacturing industry in India. It lists the top companies and describes 15 key practices. These include supply chain management, outbound logistics, waste reduction, plant maintenance, quality management, strategic planning, human resources, information management, organizational change management, customization, green supply chains, labor management, fixed asset tracking, and capacity management. The practices focus on optimizing operations, reducing costs, satisfying customers, and achieving strategic goals.
INDUSTRY COMPANIES: 1. DAIMLER-BENZ LTD. 2. TATA MOTORS LTD. 3. HYUNDAI MOTOR COMPANY INDIA LTD. 4. MARUTI SUZUKI INDIA LTD.
BEST MANAGEMENT PRACTICES ARE:
1. Supply Chain Management:- Best Practices in SCM are Increase inventory velocity Implement lean logistics / supply chain management Improve supplier performance Compress cycle time Maximize inventory yield Utilize meaningful metrics Segment the supply chain Employ supply chain technology 2. Outbound Logistics Management:- Outbound logistics refers to the processes involved in the movement and storage of products and how related information flows from the end of the production line to the firm’s customer. It is centred around storage and transportation and the industry manages these aspects very efficiently and optimises them. 3. Waste Reduction Management:- Waste management or waste disposal are all the activities and actions required to manage waste from its inception to its final disposal. This includes amongst other things collection, transport, treatment and disposal of waste together with monitoring and regulation. It also encompasses the legal and regulatory framework that relates to waste management encompassing guidance on recycling. 4. Plant Maintenance Management:- Plant asset management is a holistic approach to managing maintenance. Practical, accessible and business centred, these books provide a complete guide to understanding, planning, organising and managing maintenance. Together they cover the needs of any organisation with assets to maintain and manage. World-renowned expert Tony Kelly identifies real-world business aims and delivers a complete methodology for developing maintenance objectives, formulating a maintenance strategy, and designing and implementing maintenance systems that deliver. With full coverage of key techniques including TPM, RCM and CMMP, this is the complete maintenance management resource. 5. Quality Management:- Companies follow certain policies in quality which are Top priority to customer satisfaction The Company will provide only those products meeting relevant customer requirements & international standards and accordingly satisfy every customer. Continuous improvement The Company will make continuous quality improvements through unceasing R&D efforts & new technologies and accordingly minimize the quality cost. Quality mind The company will encourage each employee’s quality and accordingly accomplish the error-free quality. Quality mind creation The company will create such premium quality value that can lead the global automatic transmission market. 6. Strategic CPM Platform:- Strategic corporate performance management (SCPM) solutions support the office of finance's budgeting, planning and forecasting efforts. They also provide profitability modeling and strategy management capabilities. Ultimately, these solutions help CFOs and other business leaders orchestrate organizational performance and manage strategy in a more controlled and transparent manner. This market covers solutions available as on-premise only options. 7. People Management:- Successful businesses are those that attract, develop, motivate and retain the best people. You will get the most benefit from your people if you have key strategies for doing so. These can include: involving employees in the development of the business communicating with employees adopting flexible working and policies that encourage equality and diversity setting targets and rewarding achievement offering employee development and training 8. Information Management:- Information management (IM) concerns a cycle of organizational activity: the acquisition of information from one or more sources, the custodianship and the distribution of that information to those who need it, and its ultimate disposition through archiving or deletion. 9. Organizational Change Management:- Organizational change management (OCM) is a framework for managing the effect of new business processes, changes in organizational structure or cultural changes within an enterprise. Simply put, OCM addresses the people side of change management. 10.Human Resource Practice Management at Tata:- Tata Motors truly believes in a progressive people culture. Company ensure that a judicious (Having a good judgement) mix of people is maintained in their workforce and this is achieved through hiring multi-skilled people both from within the automobile industry and from other sectors. 11.Mass Customization/Built to Order Management:- Automotive manufacturers and their Tier One suppliers are moving from manufacturing large batches of identical components to having components delivered in sequence to manufacturing. Variously called Sequenced In-Line Supply (SILS), In-Line Vehicle Sequencing (ILVS), or Just in Sequence (JIS), some would view SILS as the practical implementation of a demand/event-driven, built-to-order manufacturing process. 12.Green Supply Chain Management:- Green SCM covers all stages of a product's life cycle from the planning, production, and distribution phases to the use of goods by the end users and its disposal at the end of product's life cycle. GSCM involves the integration of environmental thinking into supply chain management (SCM). It is an approach that targets the overall optimization of information flows and material flows along the value chain. 13.Labour Management System:- Labour Management System is software that takes employee activity data and reports productivity levels on a group of employees, or individual employees. Having an LMS helps organizations optimize workforce productivity by gaining visibility where their workforce labour dollars are being spent and how to optimize their labour. The LMS constantly captures and integrates data from multiple sources: Warehouse Management Systems, time clocks, RF scan, MRP, ERP, CRM and more. 14.Fixed asset management:- Fixed assets management is an accounting process that seeks to track fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. Organizations face a significant challenge to track the location, quantity, condition, maintenance and depreciation status of their fixed assets. A popular approach to tracking fixed assets uses serial numbered asset tags, which are labels often with bar codes for easy and accurate reading. The owner of the assets can take inventory with a mobile bar code reader and then produce a report. Off-the-shelf software packages for fixed asset management are marketed to businesses small and large. Some enterprise resource planning systems are available with fixed assets modules. Some tracking methods automate the process, such as by using fixed scanners to read bar codes on railway freight cars or by attaching a radio-frequency identification (RFID) tag to an asset. 15.Capacity management:- Capacity management refers to the ability to meet a customer’s requirements with the available resources (machinery, factory, labour, raw materials etc) at hand. Generally the required outputs during manufacturing resource constraints are met by working overtime or redeploying the workforce. Capacity planning is done on the basis of projections for future product demand, labour and equipment requirements. Time and Capacity are the two main constraints in capacity management. Three types of capacity are taken into consideration: Potential Capacity – It is for the long term and indicates the available capacity at hand which can be utilised to influence the planning of senior management Immediate Capacity – It is the maximum available capacity which can be utilised in the short term ( on a day-to-day basis) Effective capacity - It is the part of the total available capacity which can actually be put into use. When a customer has provided a deadline, managers have to plan backwards.
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