Innovation Report for Bajaj

1. A diminutive review of its e originalplace each in all trade strategy. (15%) entry of the troupe The group was pieceed in 1926, from the height of the British independent thrust in India has a glorious history. Bajaj Group is one(a) of the top 10 commercial establishments in India. Its footprint across a wide inc caper of industry sectors, including rail lane carmobiles (two-wheelers and three-wheelers). The Groups flagship comp both, Bajaj machine, is listed as the worlds fourth largest two-and three-wheeled pedal manufacturer Bajaj smirch is well-kn deliver in several countries of Latin America, Africa, Middle East, South Asia and southeastern United States Asia. ttp//www. bajaj motorcar. com/bajaj_corporate. asp * Company profile, (vision ,mission, brief history) Vision and Mission Statement Bajaj straining of, vision and mission statement they defined its grunge essence and brand protect. The corporate brand is the ocular expression of their own thoughts and actions convey their jailed to continue to inspire confidence. The essence of their brand, the brand is the soul of the enterprise. They are doing their own brand value, its value learning, insertion, perfection, speed and transparency. ValueLearning Learning is to how Bajaj correspond positive. This is a value it contains a knowledge platform for building a moderately happy notice, reasonable and decisive action. Innovation Innovation is how Bajaj creating the future. This is a value, triggering crucial beyond the pursuit of more than ordinary. Perfect Perfection Perfect is how Bajaj Jishu Li refreshed deteriorated. This is a value to show our determination, Excel, and efforts to establish a untried benchmark, all the condemnation. Speed Speed how Bajaj convey the clear conviction.This is a value signifi whoremongert answer reflects our commitment to our goals and operate. Transparency Transparency is how Bajaj characteristics. It is a value cost through the credibil ity of integrity, trust sensitivity and loyalty through interdependence. http//corporatemissions. blogspot. sg/2007/10/bajaj-auto. html A Brief History Integrity, dedication, resourcefulness and determination to succeed, immediately is the characteristics of the group, often be traced back to its birth in those days the hard ploughing dedication to a common cause.Jamnalal Bajaj, founder of the Group, is a resignping point recall dose and disciple of Mahatma Gandhi. In fact, Gandhi had by him and his son. This close relationship, deeply involved in his independence movement did not leave Jamnalal Bajaj too much beat is spent in his unfermented commercial enterprise. In 1942, his son, Kamalnayan Bajaj, then 27, took over the business rule. He is too close to Gandhis independence in 1947, his business is able to give his full attention. Kamalnayan Bajaj not only consolidated the Group, alone in any case extended to a variety of resultion activities.The Rahul Erbaguji, Ch bus iness lineman of the Group, is prudent for the business in 1965. Under his leadership, the turnover of the Bajaj gondolas flagship company from INR. 72 jillion INR. 120 billion, its expanding product user interfacefolio and brand to find a global grocery. He is one of Indias most distinguished business leaders, his business acumen and entrepreneurial spirit to be respected and internationally. * Company online business view of the company. as per the above chart company financial position is pulp magazine stable and in a strong shoes of profitability. ompany is growing and ontogeny back to back year by year. thats the reason back it it started recognizing as Indias top two wheeler company and even company started globalizing very fast, it started creating footprints all over the world. before these last three years company face few number of looses thats the reason because of international crises. one of the another(prenominal) reason for these unplayfully business is i ts most challenging innovative products and its products necessity in the market, today clients wait for the innovative product of the company. Current product/technology/process/patent that the company is having. Product- Currently Bajaj auto deals in both two wheelers and three wheelers vehicles. Technology Take a considerable time, use DTSI technology Bajaj introduced the three Terry Poole SPRAK plug technology light plug in the activate-load conditions for better fuel dexterity, provide unprecedented carrying out and efficiency and best fire, and to ensure low emissions. Process Technology, this spic-and-spanly term symbol Change a pertly, vibrant Bajaj railcar Is in close contact with nodes, and believe in Speed nd launching, to create upthrust Through its products, point on transparency. It is an identity, is to inspire confidence. It represents a newfangled India Company. unpatterned Patent is in the two-wheeler sector product quality, technology up-grada tion, customer military service, ever-changing environment http//www. universityessays. com/ instance-essays/english-language/the-bajaj-auto. php http//www. universityessays. com/example-essays/english-language/the-bajaj-auto. phpixzz2Dn3XEfa3 * Current industry (what is happening that can affect the business.Bajaj Auto introduced a new graphics engine as promised Bajaj India has launched the new 2012 models pulsars in January 2012. It was named pulsar 200ns of. It is cooled by the liquid 200cc engine of 23. 17 horse strength at 8000 rev at 9500rpm for a maximum torque of 18. 3 nm. However, it is expected that Bajaj pulsar line to rise. The face-lift is very indispensable, because the pulsar was launched n azoic a decade ago. Anyway, 200ns pulsar is a new product new exhaust layout is now below 200 Duke Engine. The pulsar 200ns new styling and technology.It has a new design alloy wheels, instrument panel, fuel cooler and the side of the spoon. http//autos. maxabout. com/ cycles/b ajaj/pulsar-2008/pulsar-200 2. Why is it necessary for them to employ innovation into the company (20%) (Application of surmise from your lectures is required. ) Your analysis on innovation volition focus on any of the following within the MNC(select min 2 theories) You are expected to contact /incorporate theories into the focus areas that you write. You are required to identify what is the issue that drives them to innovation.Thus you film to write on drivers to innovation. * Materials technology DTSI technology DTS-Fi wireless network tie-up and DTS-SI engine technology mother is very fuel-efficient. Engine technology in any case helps to reduce emissions and keep the environment c topple and green. Technical innovations include new products and processes, product and process technology changes. If it has been on the market an innovation (product innovation) has been implemented. For example Bajaj Pulsar 200 NS bike next proficient innovation known 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 alike proposed that all release occurred in the pulsar bicycle. The pulsar 200 NS is a 4-valve pressure make up of technological innovation curiosity multiple skilful innovation, providing better gunslinger range and efficiency of the results. NS shune game. DTSI technology- Patented technologies pulsar follow road, the R & D lab bike competition.In the Automotive industry, driven technology innovation in polar parts of the vehicle, and this trend will continue to be find in all the study areas such as chassis, powertrain, electronics and security, among others. Such technical developments will occur not just in these areas, the arrival of new modular manufacturing techniques will transform the court systems and methods unneurotic. http//www. anticiv. info/ strike bump off/technological-innovation/ http//sta ts. oecd. org/glossary/detail. asp? ID=2688 http//www. efy clock. com/e1/fullnews. asp? edid=16466 * Factory process controlProcess innovation is the implementation of a new or significantly amend production or delivery method (including significant changes in technology, equipment and / or software) micro changes or improvements to increase the capacity of production or service through change magnitude production or logistics systemis very similar to those already in use, stop using it not be seen as a process, simple detonator replacement or extension, change purely from changes in the placards of the factors of production, customization, regular seasonal worker and cyclical nature of the change, the new trading or significantly improved product innovation. http//www. innoviscop. com/en/definitions/process-innovation For example Bajaj Auto Total Productive sustenance as a means to create a safe and participative work environment, the goal is to eliminate the loss of all em ployees, to continue to enhance the capacity, flexibility, reliableness and ability to process, resulting higher staff morale to improve the profitability of the organization. The re-design of the processes, manufacturing climb was changed towards Lean Manufacturing (in lines of Toyota Production System). base Towards lean production Changes in the results and focus * Retain professional and critical process of internal and outsource the rest. * Multi-model fabrication line and off-line settings. * Flexible machining centers quick-change modules and tools. * One-way flow of localize layout. Lean production plants in the chakan plant * Process quality presumption (testing). * Quality Assurance SPC error proofing. * Rationalization of suppliers to consolidate in the first-tier suppliers. * civilise line add up on the basis of pull systems (kanban). * Non-store materials and products promising. Multi-skilled labor, self-monitoring and self-certification. TPM (Total Productivi ty Management), a Japanese methodology a SPC (Statistical process Control), manufacturing operation. http//www. scribd. com/doc/22572622/Bajaj-Auto * MarketingDesign A nigher look shows that about 40% of the R & D expenditures original equipment manufacturers and suppliers of all investments into innovation, never let the bike or never produced in commensurate quantities, due to the lack of market acceptance. Remaining 60% to 20% of necessary serial development.Another 20% is to fulfill the law of innovation, but does not land to the unique nature of the product. Under normal circumstances, these innovations do not suffer off. This makes 20% of the profitable innovation investment, leaving only a clarified. to a greater extent and more technology intense fighting in the sweet spot. split second only about 10% of the development of automotive technology has the potentiality to become a blockbuster innovation. These technologies combine the two most relevant categories the firs t category, the market potential is huge, including the purpose of the function, customer recognition, compliance and price level.Other classes, the high degree of innovation, the establishment of the technical differences in the market, better shield 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 build they been deployed. Product innovation and challenges Write on the challenges encountered by the company when they introduced innovation. How are they overcome.What is the supremacy todate? par with the previous before 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 pedals, motorcycle engines and point that th is trend will continue in a higher scale. bicycle Sales in 2001 decreased by 41%, which is a real threat to the existence 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 special model proposed above, Bajaj Auto was losing market contribution 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 President of company Rahul Bajaj which is a change constituent also identified the need for change suggested by Kurt Lewin, the current berth of making AIR hired conscious problems, a performance break and the need for change. At the same time, he was commissioned and provided new leadership roles to the schoolgirlisher coevals such as Rajiv Bajaj (Managing Director).In an attempt to regain market sh are, the company increased its production by 67. 6% in 2001 as a production motorcycle GEARED scooters fell by 44%. By 2001, the company was making as many as motorcycle train Couple of Challenges Bajaj auto faces in between the ongoing process of innovation like lake of finance, public demand etc. 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 hesitating will customer like the innovation or not.The second thing making barriers in doing innovation is searching for knowledge employees. Bajaj find very difficult in searching for well skilled labor and even in mete the resident employees in the changing and innovating procedure in introducing new product. Because the make up 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 survival of the fittest then creating successful in novation. Played an important role in the success of this phase 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 cabaret to maintain market share and bring success on the road to pull Hu Erbaguji, who is our mission. He figured out in polar 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 ecumenical production requirements the idea is very important in a highly agonistical 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 version 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 mo torcycle industry in India, which is a huge success. This error public by Bajaj scooter motorcycle thinking stereotype, especially the new generation, who are looking for more performance and stylish bike caused a huge impact.The turning point in this process of change is the launch of the product, Knock and DTSI technology, to help them capture their names under the two-wheeler market, and victory over their rivals combatant Honda. In June 2006, the company announced its plans to increase the production capacity from 3. 5 cardinal units in 2009 to 5. 1 million units a year, of which two-wheelers is 4. 6 million units of capacity. According to their plan, they recently launched 220cc variant of its popular pulsar motorcycle. 004 Bajaj Auto to change their ageing 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 clarify the organization needs to move in the manner (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. gauge Business Success (40%) Compare the before implementation ( market share/position/revenue/process/structure/strategies etc) to todays outcome.Contrast them in terms of your writing ( 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 means of each pulsar is one of the countrys most advanced engine technology. DTS-i system. A technological marvel to ensure the highest performance, lowest consumption and emission levels possible. We will be happy to let a Pulsar maniac like you to know this uncovering technology behind the secret of the pulsar. DTS-i engine Dual- electric discharge fervour Normal fervor system has a single spark plug.Spark-generated flame front will take some time to reach the entire combustion domiciliate. Therefore, the combustion of the air fuel mixture is slow and incomplete. The case of two spark plugs, both spark plugs fire 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 injure CDI, TRICS triple) 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 Power and torque requirements constantly change, depending on the passenger cruising, acceleration or high speed / maximum speed. The throttle response ignition control system III is an intelligent system that can quickly adapt to the ignition time, in order to adapt to different riding characteristics. Interests TRICS III will help to achieve a good balance between the low-to mid-range torque and top-end power. This helps to easily ride in different c onditions, such as flyovers, hilly terrain, dense traffic and highway cruising The TRICS III patent Bajaj Motors LimitedDTS-i engine Intelligent C. D. I. Intelligent capacitor discharge ignition contains a microprocessor, which perpetually sensing a different speed and the engine load, and by changing the ignition timing in response. The memory of the microprocessor together work with TRICSIII system, provide optimum ignition timing for any stipulation engine speed, thereby obtaining the best combustion performance. Interests Improve fuel efficiency and reduce engine noise and vibration, smoother power delivery. Bajaj Autos patent Smart CDI DTS-i engine EXHAUSTECExhaust is a device that is registered in the exhaust system. TEC interpreter of torque expansion chamber. It is fitted into a tuning box (resonators) of the exhaust involved The low speed area, ExhaustTEC helps to create a negative pressure split second (vacuum) of the exhaust valve to suck the air fuel mixture into th e more the using up valve opening the cylinder. Interests ExhaustTEC produce high torque. Does not require frequent change 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. withal improved due to the flow passage area of the intake port and an exhaust valve port / channel. This is conducive to the induction of more the amount 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 vivacious method the engines intake and exhaust process PULSAR CLASSIC 2000 2001 October 2001 The nineties witnessed and generation was born. Work hard and party hard, Western and Indian values. The calm young Indians, masculine, stylish, well-deserved different. But 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 argue mileage, pulsar riders start talking about torque, rebound power weight ratio. With pulsars, the bike no longer just a means of transport, rather than the soul with the machine between the relationships began to be forged. Pulsar launch two variants, 150 ml and 180 ml, is indeed the man PULSAR UG1 2002 2003 October 2003 Since the time of its launch pulsar ruled the softheartedness of this country has been the rule of the road, and its first upgrade. Sold more than three times higher than competitive cycling, the pulsar is a rapidly b ad boy on the block.Revolutionary DTS-i technology, introduced in the the excessive competition pulsar bike, it still 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. Increase power to 16 and 13 PS 180 and 150, respectively. PULSAR UG2 2004 2005 November 2004 Each pulsar upgrade two aspects styling and technology. strong 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 many technology upgrades, launched during this period until the date of the pulsar, and a standard in the industry 17 alloy wheels, allowing greater suspension travel, due north oxide suspension and the legendary ExhausTEC. In shape on the wider rear tire, tire environmentalists and all black cast P ulsar180. 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 Team UG3 number of the largest impart upgrade, ushered in the digital age. This is the first time, digital odometer, backlight switch, self-cancel indicators, and LED taillights introduced. Multiple sensors and digital mixer bike riders overall performance, a lot of information, and promote additional power, to pulsars chip inn 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 erstwhile again lead this revolution. Although 200CC is eq uipped with a carburettor, 220cc fuel injected These babies might throw downs power of 18 and 20 ps, and blatantly oil cooler. 220 also have front and rear disc brake. PULSAR UG4 2009 May 2009 On Road 2,000,000 pulsar delivered in three years, more than 3 million of the total 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 motorcycle sales, pulsar, its 50% market share, it still maintained a one-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 fastest 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 b rands 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. Third level * 110% of the to do the project in the late 1990s, Bajaj Auto Lean Manufacturing at Chakan make * Re-design process, manufacturing 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. * Set more model conclave line and off line. * Flexible machining centres quick-change modules and tools. * The plant layout * The single one-way f low. 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. * outright online supply 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 driveway 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 project 110% was hurted by Project 110% IT. * Bajaj Auto implemented SAP ERP. * Towards lean manufacturing IT support * supply chain processes MRP planning schedule * Schedule SAP adit vendors visibility. * that is based on daily 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 * Components and sub-assemblies in concurrence with JIT requirements * Supply, in 2-4 hours time interval. Towards Lean Manufacturing Electronic Kanban * material supply and service revenue * Create on the the electronic billboards line the consumption in the system. Suppliers establish open E-Kanban quantity invoice. * verify invoice after upload to our SAP system * The use of Internet-based EDI. * Unique ASN (advanced shipping notice), each power supply. * EDI numbers 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 ancestral resources without the need for manual data entry. Towards lean manufacturing * Hair this lean supply process results. * productivity per employee Vehicles increase10 ten * Component inventory reducing the pains of the week and a half shi ft. finished goods inventory to reduce the parentage of one to three days * Quality improvements Improved 20000 PPM