2. Strategies Implemented by the
Company
Total Quality Management (TQM)
• The company had implemented the WAY Process
which has enabled them to apply TQM successfully
• Entire management has exposure to Training and
learning programmes
Improvements:
• Last year 60 people were hired – Green and Black belts
to enable effective problem solving
• In order to achieve the targets - Quality, Cost and
Delivery – SDCA (Standardize, do, check and act)–
70,000 suggestions implemented in 1200 projects
3. Cost Management
• Most awarded two wheeler company when it
comes to cost management
• Continuous implementation of the cost
control measures
Improvements:
• Implements process innovation, development,
engineering and alternative sourcing in order
to cut down on the material costs
4. Research and Development
• State-of-art Computer aided design and vehicle
design resources
• Consumer centric approach – focus is on
innovative features and fuel efficiency
• 92 technical papers published in national and
international papers
Improvements:
• TVS Racing – provides for the inputs in design
and other manufacturing flaws which helps to
improve the vehicle design
5. Information Technology
• ERP techniques find a major application
• Helps to integrate business process
Improvements:
• Digital Manufacturing Execution System – to
improve automation and process control
• Analytical capability has improved by the use
of in-memory computing
