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Challenge: Innovators Photo Innovators Photo
Challenge: Innovators Photo Innovators Photo
Challenge: Innovators Photo Innovators Photo
Innovation
Innovators
Photo
Prashant Shah
Innovators
Photo
Amol Lahoti
Poonam Bhalla
My way of Life.
Niraj Kumar
Innovation@
Innovation
SL
No
Solid Ideas
My way of Life.
Target
Date
Proto
Final
Benefit Nov14
Cumulative
Benefit Mar15
INR Mil
May14
Reduction in CO2
generation by 57
MT
Reduction in CO2
generation by
125 MT
Reduction of 28
Rs. 20 Million in
Inventory
Reduction of Rs.
25 Million in
Inventory
Oct13
Oct14
June13
Mar14
April13
Nov14
Dec13
Cumulative
386 Nos.
308 Nos.
56 Nos.
Innovation@
Innovation
My way of Life.
After
01-01-2014
Present Condition :
Innovated :
Impact : Implementation of this idea led to reduction in carbon foot print of 97 MT of CO2 per annum thus we
achieved our vision to protect our mother nature while producing best quality products for our customers.
3
Innovation@
Innovation
Solid Idea 2 - More value addition at Suppliers end to supply ready to use parts
Before
Present Condition :
My way of Life.
After
Innovated :
Impact : Implementation of this idea led to reduction in carbon foot print of 28 MT of CO2 per annum.
4
Innovation@
Innovation
Solid Idea 2 - More value addition at Suppliers end to supply ready to use parts
Before
Present Condition :
My way of Life.
After
Innovated :
Saving Annualized = Reduction in Rs. 2 Crore of Inventory = Rs. 3 million annual saving for company
Innovation@
Innovation
Before
Present Condition :
After
Innovated :
Empowering vendors to do more value addition activities at their end led to increase in
efficiency & response time to meet customers requirement.
Impact= Reduction in our response time to customers led to more customer satisfaction and
confidence buildup among us and our esteemed customers.
6
Innovation@
Innovation
Solid Idea 4 - Educating & implementing lean tool to reduce non value added activities at
suppliers end - VSME
Before
Present Condition :
There was hardly any collaboration with
Vendors on new ideas
More wastage & defect due to no
awareness about lean tools.
My way of Life.
After
Innovated :
Collaboration with vendors on lean ideas, received
from tier 2 & 3 suppliers
Consumption based delivery schedule to Vendors
5S implementation to all small suppliers
Effective space utilization by improved layout
Impact= It creates the culture of innovation among tier 2 & tier3 suppliers that led to better product
quality & more customer satisfaction
7