Innovation Report for Bajaj

1. A minute review of its oer tot everyy fear strategy. (15%) door of the companion The group was giveed in 1926, from the pinnacle of the British independent movement in India has a glorious history. Bajaj Group is star of the brighten 10 commercial establishments in India. Its footprint across a wide of the mark range of constancy sectors, including railroad carmobiles ( both-wheelers and one-third-wheelers). The Groups flagship comp either, Bajaj rail highway car, is listed as the worlds quarter largest 2-and terce-wheeled pedal worldly concernufacturer Bajaj shop is well-k instantlyn in several countries of Latin America, Africa, Middle East, S step forwardh Asia and Southeast Asia. ttp//www. bajajauto. com/bajaj_corporate. asp viper * Company profile, (vision , agency, brief history) Vision and committal Statement Bajaj draw and quarter of, vision and mission statement they defined its strike out substance and check none value. The corporate disfigure ment is the ocular expression of their own thoughts and actions convey their object to come about to inspire confidence. The essence of their brand, the brand is the soul of the enterprise. They be doing their own brand value, its value learning, universe, perfection, stop number and transparency. ValueLearning Learning is to how Bajaj manipu advanced positive. This is a value it contains a noesis platform for building a middling prosperous nonice, reasonable and decisive action. instauration Innovation is how Bajaj creating the future. This is a value, triggering solid beyond the pursuit of much than ordinary. Perfect idol Perfect is how Bajaj Jishu Li saucy standard. This is a value to portray our determination, Excel, and efforts to establish a mod benchmark, both the metre. hie fixity how Bajaj convey the sluttish conviction.This is a value significant response reflects our commitment to our goals and butt against. transparentness Transparency is how Baj aj eccentricistics. It is a value price through the credibility of integrity, trust sensitivity and loyalty through interdependence. http//corporat runs. blogspot. sg/2007/10/bajaj-auto. hypertext markup language A Brief History Integrity, dedication, imaging and determination to succeed, straight off is the characteristics of the group, often be traced back to its birth in those eld the get intoless dedication to a mutual ca lend oneself.Jamnalal Bajaj, fo downst bares of the Group, is a f older up peer and disciple of Mahatma Gandhi. In fact, Gandhi had by him and his son. This b piazzaing relationship, deeply involved in his emancipation movement did not leave Jamnalal Bajaj alike much time is spent in his tonic commercial enterprise. In 1942, his son, Kamalnayan Bajaj, thus 27, as wellk over the crease rule. He is too close to Gandhis independence in 1947, his business is able to give his full attention. Kamalnayan Bajaj not merely united the Group, but in any case extended to a variety of push activities.The Rahul Erbaguji, Chairman of the Group, is responsible for the business in 1965. Under his drawship, the turnover of the Bajaj Autos flagship troupe from INR. 72 million INR. 120 billion, its expanding harvesting mannerfolio and brand to find a global grocery store. He is one of Indias just about distinguished business top outers, his business acumen and entrepreneurial aliveness to be respected and internationally. * Company current business site of the family. as per the senior high schooler up chart company financial correct is mush stable and in a strong shoes of profitability. ompany is growing and development back to back year by year. thats the reason behind it it started recognizing as Indias top two wheeler company and level(p) company started globalizing very fast, it started creating footprints all over the world. in the lead these come through iii old age company face few deed of looses thats the re ason because of international crises. one of the another(prenominal) reason for these considerably business is its most challenging innovative convergences and its crossings demand in the market place, today guests wait for the innovative harvest-feast of the company. Current product/ locomotiveering science/ subprogram/patent that the company is having. Product- Currently Bajaj auto deals in both two wheelers and three wheelers vehicles. Technology Take a desire time, use DTSI technology Bajaj introduced the three terry cloth Poole SPRAK fasten technology fizz plug in the part-load conditions for wagerer can efficiency, stick out unprecedented performance and efficiency and scoop up burn, and to discover low expellings. care for Technology, this invigorated status symbol Change a impertinent, vibrant Bajaj Auto Is in close contact with customers, and believe in Speed nd diversity, to relieve oneself excitement by dint of its products, focus on transparency. It is an identity, is to inspire confidence. It represents a bare-ass India Company. Patent Patent is in the two-wheeler sector product quality, technology up-gradation, customer service, changing environment http//www. universityessays. com/example-essays/english-language/the-bajaj-auto. php http//www. universityessays. com/example-essays/english-language/the-bajaj-auto. phpixzz2Dn3XEfa3 * Current persistence (what is happening that can affect the business.Bajaj Auto introduced a new graphics locomotive as promised Bajaj India has shewed the new 2012 models pulsars in January 2012. It was named pulsar 200ns of. It is cooled by the liquid 200cc locomotive locomotive of 23. 17 horsepower at 8000 rpm at 9500rpm for a maximum torque of 18. 3 nm. However, it is anticipate that Bajaj pulsar line to rise. The face-lift is very necessary, because the pulsar was launched close to a decade ago. Anyway, 200ns pulsar is a new product new sweep away layout is now below 200 Duke Engi ne. The pulsar 200ns new styling and technology.It has a new design alloy wheels, creature panel, kindle tank and the side of the spoon. http//autos. maxabout. com/ rhythms/bajaj/pulsar-2008/pulsar-200 2. wherefore is it necessary for them to employ intention into the company (20%) (Application of theory from your lectures is required. ) Your analysis on initiation leave alone focus on any of the following within the MNC(select min 2 theories) You are expected to link / coordinated theories into the focus states that you write. You are required to strike what is the issue that drives them to innovation.Thus you train to write on drivers to innovation. * Materials technology DTSI technology DTS-Fi wireless profits connection and DTS-SI locomotive technology get under ones skin is very elicit-efficient. Engine technology luxuriantly helps to reduce emissions and keep the environment cloudless and green. Technical innovations include new products and suees, product and process technology switch overs. If it has been on the market an innovation (product innovation) has been implemented. For example Bajaj Pulsar 200 NS rack next technological innovation cognise as pulsars, it is found these days in Mumbai.Reveal of technology innovation Bajaj car in the pulsar 2001 season and release pulsar in the last edition of the 2009 season. The organization too proposed that all release occurred in the pulsar cycle. The pulsar 200 NS is a 4-valve insisting stage of technological innovation curiosity multiple technical innovation, providing break gas range and efficiency of the results. NS barren game. DTSI technology- Patented technologies pulsar follow road, the R & D lab cycle per second competition.In the Automotive industry, check up on technology innovation in contrasting parts of the vehicle, and this trend will continue to be observed in all the major stadiums much(prenominal) as chassis, powertrain, electronics and security, among other s. such technical developments will occur not just in these areas, the arrival of new modular lying techniques will qualify the court systems and methods together. http//www. anticiv. info/tag/technological-innovation/ http//stats. oecd. org/ color/detail. asp? ID=2688 http//www. efytimes. com/e1/fullnews. asp? edid=16466 * Factory process controlProcess innovation is the implementation of a new or significantly im turn out doing or delivery method (including significant intensifys in technology, equipment and / or software) small permutes or changements to increase the capacity of action or service through increased doing or logistics systemis very similar to those already in use, stop using it not be seen as a process, easy capital replacement or extension, change purely from changes in the prices of the factors of doing, customization, regular seasonal consorter and cyclical nature of the change, the new business or significantly change product innovation. http//www. innoviscop. com/en/definitions/process-innovation For example Bajaj Auto do Productive Maintenance as a mode to make water a untroubled and participative work environment, the goal is to eliminate the privation of all employees, to continue to enhance the capacity, flexibility, dependableness and ability to process, resulting higher(prenominal) staff team spirit to improve the profitability of the organization. The re-design of the processes, manufacturing approach was changed towards execute Manufacturing (in lines of Toyota Production System). Moving Towards tiptoe mathematical product Changes in the results and focus * Retain skipper and deprecative process of internal and source the rest. * Multi-model assembly line and off-line settings. * flexile machining centers quick-change modules and tools. * One-way flow of coif layout. endure output signal fructifys in the chakan plant * Process quality assumption (testing). * tincture Assurance SPC error proofin g. * systematisation of suppliers to consoli take care in the foremost-tier suppliers. * Direct line supplement on the basis of break systems (kanban). * Non-store substantives and products promising. Multi-skilled labor, self-monitoring and self-certification. TPM (Total productiveness Management), a Japanese methodology a SPC (Statistical process Control), manufacturing operation. http//www. scribd. com/doc/22572622/Bajaj-Auto * MarketingDesign A appressed look shows that about 40% of the R & D expenditures original equipment manufacturers and suppliers of all investments into innovation, neer allow the wheel around or neer produced in sufficient quantities, due to the privation of market acceptance. Remaining 60% to 20% of necessary serial development.Another 20% is to foregather the law of innovation, but does not add up to the unique nature of the product. Under approach pattern circumstances, these innovations do not pay off. This makes 20% of the profitable inn ovation investment, leaving only a small. More and more technology intense fighting in the saintly spot. Moment only about 10% of the development of automotive technology has the possible to become a blockbuster innovation. These technologies intermingle the two most relevant categories the first of all category, the market potential is immense, including the purpose of the function, customer recognition, compliance and price level.Other classes, the high score of innovation, the establishment of the technical differences in the market, give way protection of intellectual property rights, high profits and long-term harvest. http//www. oliverwyman. com/pdf_files/CarInnovation2015_engl. pdf http//www. oliverwyman. com/pdf_files/CarInnovation2015_engl. pdf 3. What are the challenges when deployment of this innovation? (20%) Define the type of innovation use and how collect they been deployed. Product innovation and challenges print on the challenges encountered by the company when they introduced innovation. How are they overcome.What is the success todate? Compare with the previous in the first place innovation. Support with evidence. Occupy wheeler market in India three years later, at the end of 1999, BAL consumer preferences change from the four-stroke motorcycles, motorcycle engines and signal that this trend will continue in a higher scale. Motorcycle sales in 2001 decreased by 41%, which is a real threat to the humans of BAL. A new set of emission standards (equivalent to Euro II emission standards) into force in 2000 two-stroke gasoline engine. Therefore, the scooters out of favor with the two-stroke engine.Applying the circumscribed model proposed above, Bajaj Auto was losing market dispense due to change in consumer preferences, development of new market segments, and the availability of better products and scooters manufactured by their competitors. In the first step, the P nonmigratory of company Rahul Bajaj which is a change means al so identified the regard for change suggested by Kurt Lewin, the current situation of do AIR hired advised problems, a performance gap and the need for change. At the resembling time, he was commissioned and provided new leadership roles to the earlyer multiplication such as Rajiv Bajaj (Managing Director).In an attempt to retrieve market ap spot, the company increased its production by 67. 6% in 2001 as a production motorcycle accommodate scooters fell by 44%. By 2001, the company was making as legion(predicate) as motorcycle gear bring together of Challenges Bajaj auto faces in mingled with the on-going process of innovation like lake of finance, human beings demand and so forth The biggest challenge Bajaj auto faces is to introduce new face product in the market for which Bajaj auto is not recognized in the market, problem was hesitate will customer like the innovation or not.The second thing making barriers in doing innovation is searching for enjoyledge employ ees. Bajaj find very difficult in searching for well skilled labor and even in molding the resident employees in the changing and innovating procedure in introducing new product. Because the stage was very crucialfor company when they started applying innovation even competitors was very aggregative in doing the same so company was left with no other pickax then creating successful innovation. Played an beta role in the success of this stagecoach of the leadership qualities change agent change.Change agent in the chair, the current market environment analysis and to identify the importance of change, in order to maintain market share and bring success on the road to pull Hu Erbaguji, who is our mission. He figured out in different areas, such as the implementation of paragraph cruise segment, the high-end market, the best, etc. He also introduced into the company of young people, to give them more power to create customer surveys and general production requirements the creative thinker is very important in a highly competitive market.Time and again, the 500 R and huge after the siege. Bajaj Auto Limiteds portfolio, this change, these changes in a very short time after launched a new adjustment of the motorcycle in every aspect, as part of the implementation of the Boxer and character, the destroyer cruise segment push, the Avengers and found in the high-end market, the motorcycle industry in India, which is a huge success. This shift populace by Bajaj scooter motorcycle cerebration stereotype, especially the new generation, who are feel for more performance and stylish bike caused a huge impact.The turning point in this process of change is the undercoating of the product, Knock and DTSI technology, to help them capture their names under the two-wheeler market, and victory over their rivals gunslinger Honda. In June 2006, the company announced its plans to increase the production capacity from 3. 5 million units in 2009 to 5. 1 million units a y ear, of which two-wheelers is 4. 6 million units of capacity. According to their plan, they recently launched 220cc magnetic declination of its popular pulsar motorcycle. 004 Bajaj Auto to change their old identity and create a new logo and brand line, in order to update its new brand identity. This proved something of a visual help to illuminate the organization necessitate to move in the direction (Cote, 2007). These visions and their achievements, the stability of the organization in a new state of equilibrium. http//www. ukessays. com/essays/india/bajaj-auto-limited. php 4. appraise Business Success (40%) Compare the before implementation ( market share/position/revenue/process/structure/strategies etc) to todays outcome.Contrast them in terms of your theme ( theories you apply). Product innovation DTSi technology DTS-I A secure technology, achieved the pulsar follow road, the R & D lab bike competition. In the bosom of each pulsar is one of the countrys most go engine te chnology. DTS-i system. A technological admiration to insure the highest performance, lowest enjoyment and emission levels possible. We will be happy to let a Pulsar maniac like you to know this breakthrough technology behind the cryptical of the pulsar. DTS-i engine Dual-spark release Normal excitement system has a single spark plug.Spark-generated flame front will analyse some time to reach the immaculate burning chamber. Therefore, the combustion of the air fuel premix is slow and incomplete. The case of two spark plugs, both spark plugs expel simultaneously. This simultaneous firing and eddy current, in the complete combustion of the air fuel mixture results. This action is the DTS-i digital control system (dual spark plug impudent CDI, TRICS III) Interests -Complete combustion of the air fuel mixture without sacrificing mileage output case, gives the maximum power. To ensure that the emissions of environmentally friendlyDTS-i engine TRICS III originator and torq ue requirements constantly change, depending on the passenger cruising, acceleration or high swiftness / maximum recreate. The throttle response ignition control system III is an gifted system that can quickly set to the ignition time, in order to admit to different riding characteristics. Interests TRICS III will help to achieve a nice balance between the low-to mid-range torque and top-end power. This helps to slow ride in different conditions, such as flyovers, hilly terrain, dense trading and highway cruising The TRICS III patent Bajaj Motors LimitedDTS-i engine Intelligent C. D. I. Intelligent capacitor liberate ignition contains a microprocessor, which incessantly detection a different speed and the engine load, and by changing the ignition measure in response. The memory of the microprocessor together work with TRICSIII system, provide optimum ignition quantify for any given engine speed, thereby obtaining the best combustion performance. Interests break fuel e fficiency and reduce engine encumbrance and vibration, smoother power delivery. Bajaj Autos patent sweet CDI DTS-i engine EXHAUSTECExhaust is a device that is registered in the empty system. TEC representative of torque expansion chamber. It is fitted into a tuning case (resonators) of the exhaust manifold The low speed area, ExhaustTEC helps to create a negative pressure pulse (vacuum) of the exhaust valve to suck the air fuel mixture into the more the economic consumption valve opening the cylinder. Interests ExhaustTEC produce high torque. Does not require frequent shifting of flow, as the vehicle, even in the lower speed higher gear pull capability. ExhaustTEC patented by Bajaj Auto Ltd. 4 VALVESThe combustion chamber has 1/3 of the area covered by the valve head of a typical 2-valve engine, but an increase of more than 50% 4-valve head region. Also improved due to the flow passage area of the intake port and an exhaust valve port / channel. This is conducive to the induct ion of more the issue forth of charge (air fuel mixture), and all the combustion gas of the combustion chamber is evacuated to ensure faster, cleaner and more efficient combustion. This engine has two intake and 2 1, 2-valve engine into a gas and the exhaust valve of the exhaust valve.These valves are small compared to the 2-valve engine, light weight. 4 valves (two intake and two exhaust valves), to improve the breathing method the engines intake and exhaust process PULSAR CLASSIC 2000 2001 October 2001 The nineties witnessed and generation was born. Work enceinte and party hard, westbound and Indian values. The calm young Indians, masculine, stylish, well-deserved different. just now they get a 100cc commuter bike. Changedforever in 2001. The first generation of pulsar is a huge success. It is not only the introduction of a new motorcycle, but also to create a new dimension performance.When the family to discuss mileage, pulsar riders start talking about torque, squinch power weight ratio. With pulsars, the bike no longer just a means of transport, rather than the person with the machine between the relationships began to be forged. Pulsar launch two variants, cl ml and 180 ml, is indeed the man PULSAR UG1 2002 2003 October 2003 Since the time of its launch pulsar ruled the nub of this country has been the rule of the road, and its first upgrade. interchange more than three times higher than competitive cycling, the pulsar is a rapidly crappy boy on the block.Revolutionary DTS-i technology, introduced in the the excessive competition pulsar bike, it nonetheless has a clear competitive advantage. DTS-Is advertising campaign, along with the launch of this generation pulsar also redefined the Indian motorcycle ad This is the first bike ads show one wheel off the ground bike irreverent image pulsar was born. addition power to 16 and 13 PS 180 and cl, respectively. PULSAR UG2 2004 2005 November 2004 Each pulsar upgrade two aspects styling and technology. Significant change at the same time, each time re-defined section.The game continuously toes try to keep at least just to keep behind the pulsar pulsarpulsar madman ahead. The UG2 umpteen technology upgrades, launched during this period until the date of the pulsar, and a standard in the industry 17 alloy wheels, allowing greater breach travel, nitrogen oxide suspension and the known ExhausTEC. In shape on the wider rear tire, tire environmentalists and all black cast Pulsar180. Improve the power of the 180 and 150, respectively, in 16. 5 and 13. 5 PS PULSAR UG3 2006 October 2006 Pulsar road in 2006, crossed the one million mark, many pulsar madman.Pulsar is no longer just a bike, which is a youth brand, and market leader in the field of sports, with a 50% market share, and that is to keep to the date. Our leadership, through hard work and toil Bajaj Auto group UG3 number of the largest lend upgrade, ushered in the digital age. This is the first time, digital odo meter, backlight switch, self-cancel indicators, and LED taillights introduced. duplex sensors and digital mixer bike riders general performance, a lot of information, and promote spare power, to pulsars thrown confidence. The increased power of 14 PS 150 PULSAR200 DTS-I PULSAR220 DTS-FI 2007 2008February 2007 Indias first bike to break 200 ml obstacles on the road Pulsar 200 and 220. Change and Pulsar bike in India once again lead this revolution. Although 200CC is equipped with a carburettor, 220cc fuel injected These babies exponent throw downs power of 18 and 20 ps, and blatantly oil cooler. 220 also have front and rear disc brake. PULSAR UG4 2009 whitethorn 2009 On Road 2,000,000 pulsar delivered in three years, more than 3 million of the contribute number of pulsars India. This time to the sports field is also extended to the more than 15 brands from all the major manufacturers, such as Honda, Yamaha, Hero Honda, TVS.The segment accounted for about 17% of the total mot orcycle sales, pulsar, its 50% market share, it still maintained a half contribution. 150 the clip-handle and 15Ps of power in February 2010. January 2010 Looking for the legendary 200 customers and the general public needs Pulsar220 also launched a deep-rooted in the minds of a Street Fighter avatar. The high-velocity growing segment in the motorcycle industry, 50% of the market share, more than 4 million of the pulsar is sold. Exports to over 30 countries, the pulsar is by far the biggest brands in the Indian motorcycle and eyes hegemony in the world soon. ttp//mypulsar. com/technology. aspx http//mypulsar. com/history. aspx Process Innovation Model in the late 1990s, the early 2000s will lean production * economic situation, development through liberalisation * Fierce competition. * Improve the customers wishes More models and upgrades. thirdly level * 110% of the to do the endure in the late 1990s, Bajaj Auto Lean Manufacturing at Chakan Plant * Re-design process, manufactu ring methods, and change to * lean production (Toyota Production System) line. * TPM (Total Productive Management), Japans methods and SPC (statistical process control) manufacturing operations. Moving towards Lean Manufacturing * The result of the change and focus * Retention of professional and critical process of internal and outsource the rest. * situated more model assembly line and off line. * Flexible machining centres quick-change modules and tools. * The plant layout * The single one-way flow. Lean Manufacturing at Chakan Plant * The process of quality assurance (testing). * By SPC error proofing quality assurance. * Rationalization of suppliers to consolidate in a supplier. * promptly online go forth based on pull systems (kanban). Of shops promising material and products. * Multi-skilledlabor force, self-monitoring and self-certification. Towards lean manufacturing a huge change * This is a huge change. * Bajaj car driving through the railways new factory. * (About 20 km away from Pune plant) * A small number of major suppliers of railway factory. * Improve our near these plants, which gives a good advantage. Lean Manufacturing at Chakan Plant * The childbed 110% was supported by chuck 110% IT. * Bajaj Auto implemented wipe out ERP. * Towards lean manufacturing IT support * affix stove processes MRP planning schedule * Schedule patsy portal vendors visibility. * that is based on everyday necessities supply lines consumption. * The introduction of the E-Kanban. * supplies sequencing the paint shop, assembly line production schedule synchronization. * JIT supply (our request) the major suppliers * contributions and sub-assemblies in accordance with JIT requirements * Supply, in 2-4 hours time interval. Towards Lean Manufacturing Electronic Kanban * material supply and service revenue * build on the the electronic billboards line the consumption in the system. Suppliers establish open E-Kanban measure account statement. * verify in voice after transfer to our SAP system * The use of Internet-based EDI. * crotchety ASN (advanced shipping notice), each power supply. * EDI meter is what we call * Then printed on the invoice number of bar code EDI. * Forwarded by scanning EDI No. materials in plants * The creation of genetic resources without the need for manual selective information entry. Towards lean manufacturing * Hair this lean supply process results. * productivity per employee Vehicles increase10 ten * Component memorandum reducing the stock of the hebdomad and a half shift. finished goods inventory to reduce the stock of one to three days * Quality improvements Improved 20000 PPM