Presented by
Afzin Navas
Crystal George
Mario Allen
Nayan Athreya
Ronny Phillip
Introduction
INTRODUCTION
• Established in 1984.
• Joint ventured between Titan & TIDCO.
• Founder : Xerxes Desai.
• CEO- Bhaskar Bhatt.
• Corporate office : Bangalore
• Largest watch company in India
• 5th largest watch manufacturer in the world.
• Market share : more than 60% ( Watch market)
• Introduced Quartz technology with international styling.
• From “Titan Industries Ltd “ to Titan Company Ltd- Aug 2013.
• Ranked 21 in the “most trusted brands of India”.
Vision & Mission
Vision:
“Create elevating experiences for the people we touch and significantly
impact the world we work in.”
Our Mission:
- Through a pioneering spirit and a caring.
- Value-driven culture that fosters innovation.
- Drives performance.
- Ensure the highest global standards in everything we do.
Core products
BUSINESS OPERATION
• Three operating divisions namely
– Time Products Division(Watches and Precision Engineering).
– Jewellery Division (Tanishq).
– International Business Division.
• Each Operating division is subdivided into different SBUs(Separate
business units)
1. TIME PRODUCTS DIVISION
• Titan and Sonata SBU- Products and customers
• Facility:
– Hosur : 40 lakhs units
– Dehradun : 50 Lakhs units
– Baddi : 20 lakhs units
• Manufacturing Process:
– Appearance Parts
– Movement Parts.
• Design team:
– Design studio : cycle time 50-140 days
• Information Technology:
– ERP product of SAP R/3.
– Advanced planning and optimizer software.
PRECISION ENGINEERING
Precision engineering products for global original equipment
manufacturers (OEMs).
The current product range of the Precision Engineering SBU includes:
– Precision components for manufacturers in aerospace and
automotive industry
– Automotive sub assemblies such as pointers, clocks and gauges
– Automatic assembly lines robots.
Quality Assurance
• Quality function has two aspects:
– Quality Control
– Quality Management System
• Equipment and Instruments used for Quality control:
– Testers, roughness testers, measuring instruments with 0.001 mm
accuracy.
– Bore micrometers.
– Also tied up with external laboratories, accredited with ISO 17025
for calibration,
– Material testing, and plating thickness test.
• Tool manufacturing for watch unit.
• Titan automation system
2. Jewellery Division :
• Jewellery products:
– studded jewellery
– 22 karat jewellery
– Coins
• Product development uses Computer Aided Design and (CAD)/Computer
Aided Manufacturing (CAM) technology.
• The manufacturing process in machine made jewellery involves
– Designing
– refining
– waxing and casting
– soldering
– sizing
– polishing, colouring and plating.
• Raw Materials:
– sourced from overseas suppliers through Indian banks.
– Diamonds are sourced from Diamond Trading Company (DTC)
• Inventory Management and Billing:
– ERP system and through implementation of lean production
System
– The billing at Tanishq stores is done through a customized point
of sale(POS) software
• Manufacturing and outsourcing.
• Diamond bagging: Quality control from inception eliminates error
and builds consumer trust
• Manual diamond‐bagging system to an automated
diamond‐bagging machine .
• Titan's automated bagging process uses robots and sensors .
• Advantage of doing this.
SUPPLY CHAIN
• Reducing lead time : Assortment Planning
• Titan watches are sold through 11,393 outlets in over 2,546 towns in
India.
• There are 179 World of Titan showrooms in over 105 towns and over
130 Time Zones in over 81 towns.
• Tanishq jewellery through over 81 stores spread across over 61 towns
in India
• IT systems for our retail operations and complex supply chain like ERP
from SAP and Oracle
INNOVATIONS @ TITAN
• Titan Innovation Council
1. Innovation Bazaar
2. Interweave
3. Tata Innoverse
4. Innovation centre
5. Titan innovation HUB
https://www.youtube.com/watch?v=HY5u1aDpIhA

Titan - A brief study on Titan

  • 1.
    Presented by Afzin Navas CrystalGeorge Mario Allen Nayan Athreya Ronny Phillip
  • 2.
    Introduction INTRODUCTION • Established in1984. • Joint ventured between Titan & TIDCO. • Founder : Xerxes Desai. • CEO- Bhaskar Bhatt. • Corporate office : Bangalore • Largest watch company in India • 5th largest watch manufacturer in the world.
  • 3.
    • Market share: more than 60% ( Watch market) • Introduced Quartz technology with international styling. • From “Titan Industries Ltd “ to Titan Company Ltd- Aug 2013. • Ranked 21 in the “most trusted brands of India”.
  • 4.
    Vision & Mission Vision: “Createelevating experiences for the people we touch and significantly impact the world we work in.” Our Mission: - Through a pioneering spirit and a caring. - Value-driven culture that fosters innovation. - Drives performance. - Ensure the highest global standards in everything we do.
  • 5.
  • 7.
    BUSINESS OPERATION • Threeoperating divisions namely – Time Products Division(Watches and Precision Engineering). – Jewellery Division (Tanishq). – International Business Division. • Each Operating division is subdivided into different SBUs(Separate business units)
  • 8.
    1. TIME PRODUCTSDIVISION • Titan and Sonata SBU- Products and customers • Facility: – Hosur : 40 lakhs units – Dehradun : 50 Lakhs units – Baddi : 20 lakhs units • Manufacturing Process: – Appearance Parts – Movement Parts. • Design team: – Design studio : cycle time 50-140 days • Information Technology: – ERP product of SAP R/3. – Advanced planning and optimizer software.
  • 9.
    PRECISION ENGINEERING Precision engineeringproducts for global original equipment manufacturers (OEMs). The current product range of the Precision Engineering SBU includes: – Precision components for manufacturers in aerospace and automotive industry – Automotive sub assemblies such as pointers, clocks and gauges – Automatic assembly lines robots.
  • 10.
    Quality Assurance • Qualityfunction has two aspects: – Quality Control – Quality Management System • Equipment and Instruments used for Quality control: – Testers, roughness testers, measuring instruments with 0.001 mm accuracy. – Bore micrometers. – Also tied up with external laboratories, accredited with ISO 17025 for calibration, – Material testing, and plating thickness test.
  • 11.
    • Tool manufacturingfor watch unit. • Titan automation system
  • 12.
    2. Jewellery Division: • Jewellery products: – studded jewellery – 22 karat jewellery – Coins • Product development uses Computer Aided Design and (CAD)/Computer Aided Manufacturing (CAM) technology. • The manufacturing process in machine made jewellery involves – Designing – refining – waxing and casting – soldering – sizing – polishing, colouring and plating.
  • 13.
    • Raw Materials: –sourced from overseas suppliers through Indian banks. – Diamonds are sourced from Diamond Trading Company (DTC) • Inventory Management and Billing: – ERP system and through implementation of lean production System – The billing at Tanishq stores is done through a customized point of sale(POS) software • Manufacturing and outsourcing.
  • 14.
    • Diamond bagging:Quality control from inception eliminates error and builds consumer trust • Manual diamond‐bagging system to an automated diamond‐bagging machine . • Titan's automated bagging process uses robots and sensors . • Advantage of doing this.
  • 15.
    SUPPLY CHAIN • Reducinglead time : Assortment Planning • Titan watches are sold through 11,393 outlets in over 2,546 towns in India. • There are 179 World of Titan showrooms in over 105 towns and over 130 Time Zones in over 81 towns. • Tanishq jewellery through over 81 stores spread across over 61 towns in India • IT systems for our retail operations and complex supply chain like ERP from SAP and Oracle
  • 16.
    INNOVATIONS @ TITAN •Titan Innovation Council 1. Innovation Bazaar 2. Interweave 3. Tata Innoverse 4. Innovation centre 5. Titan innovation HUB
  • 17.