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opep@iimraipur.ac.in               Volume: 1 Issue: 11 Date 13th March, 2013          www.opepiimraipur.blogspot.in



                                                                                           The seven wastes – Lean
    Hero MotoCorp's workers, management struggle to find middle ground                     manufacturing

    As workers and the Hero MotoCorp management struggle to reach
    a middle ground, the Gurgaon-Manesar cluster is closely watching the
    outcome of wage discussions between the workers' union and the
    management at Hero Motocorp. How the talks conclude, will have
    implications on the entire industrial belt. Companies in the region have
    expressed fears of a 'Faridabad-like scenario' that will make the region a
    high-wages island.

    What BPOs are dumping low cost model for

    With India's BPOs remodeling themselves to move from efficiency (low
    costs) to effectiveness (taking on more strategic work and delivering them             Designing the right Supply
    from locations most suited to such work), the sector is beginning to outpace           Chain When a company’s
    the software services business. In the coming fiscal, the sector is expected to        supply chain capabilities are
    grow faster than the IT sector.                                                        directly aligned with its
                                                                                           enterprise    strategy,   the
    China's Beijing Auto expects to double car sales by 2015, by relying on their          results tend to be superior
    strong supply chain management.                                                        performance and a strong
    China's Beijing Automotive Group aims to more than double annual sales                 market position. Read more..
    by 2015, gaining momentum from mid-market to high-end cars and greener
    "new energy" vehicles owing to the ability to develop core components for
    clean-energy vehicles, and also having own supply chain.
                                                                                           Work Order Management
    Fed to buy bonds from more dealers under pilot program                                 streamlines daily operations
                                                                                           for companies In business,
    The Federal Reserve will buy bonds from a larger group of broker-dealers
                                                                                           it’s important to keep
    under a one-year pilot program meant to strengthen the US central bank's
                                                                                           facilities running smoothly
    direct involvement in financial markets. Under the pilot, the New York Fed
                                                                                           and efficiently so that daily
    will widen that supply chain so that up to five more smaller dealers can
                                                                                           operations don’t detract from
    compete for the business, and so that it can augment "operational capacity
                                                                                           the       company’s       core
    and resiliency in its monetary policy operations."
                                                                                           purpose. Read more..




STRIVE LAUNCHED – ROLE OF INFORMATION TECHNOLOGY IN OPERATIONS AND SUPPLY CHAIN

This issue of Strive was released on the 8th of February, during the Entrepreneurship summit (Enspirit ’13). The issue
has articles on “Trends in Automotive Industry” by Mr. Srinivasan, CIO, TVS Infotech and an interview with Mr.
Praveen Sinha, Co-founder and Managing Director, Jabong.com. Prof. Sumeet Gupta writes on “RFID in Indian
Retail Sector”. Also student contributions on CFPR, EAM , IT and Leagile Supply Chain are also present.

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Newsletter 11

  • 1. opep@iimraipur.ac.in Volume: 1 Issue: 11 Date 13th March, 2013 www.opepiimraipur.blogspot.in The seven wastes – Lean Hero MotoCorp's workers, management struggle to find middle ground manufacturing As workers and the Hero MotoCorp management struggle to reach a middle ground, the Gurgaon-Manesar cluster is closely watching the outcome of wage discussions between the workers' union and the management at Hero Motocorp. How the talks conclude, will have implications on the entire industrial belt. Companies in the region have expressed fears of a 'Faridabad-like scenario' that will make the region a high-wages island. What BPOs are dumping low cost model for With India's BPOs remodeling themselves to move from efficiency (low costs) to effectiveness (taking on more strategic work and delivering them Designing the right Supply from locations most suited to such work), the sector is beginning to outpace Chain When a company’s the software services business. In the coming fiscal, the sector is expected to supply chain capabilities are grow faster than the IT sector. directly aligned with its enterprise strategy, the China's Beijing Auto expects to double car sales by 2015, by relying on their results tend to be superior strong supply chain management. performance and a strong China's Beijing Automotive Group aims to more than double annual sales market position. Read more.. by 2015, gaining momentum from mid-market to high-end cars and greener "new energy" vehicles owing to the ability to develop core components for clean-energy vehicles, and also having own supply chain. Work Order Management Fed to buy bonds from more dealers under pilot program streamlines daily operations for companies In business, The Federal Reserve will buy bonds from a larger group of broker-dealers it’s important to keep under a one-year pilot program meant to strengthen the US central bank's facilities running smoothly direct involvement in financial markets. Under the pilot, the New York Fed and efficiently so that daily will widen that supply chain so that up to five more smaller dealers can operations don’t detract from compete for the business, and so that it can augment "operational capacity the company’s core and resiliency in its monetary policy operations." purpose. Read more.. STRIVE LAUNCHED – ROLE OF INFORMATION TECHNOLOGY IN OPERATIONS AND SUPPLY CHAIN This issue of Strive was released on the 8th of February, during the Entrepreneurship summit (Enspirit ’13). The issue has articles on “Trends in Automotive Industry” by Mr. Srinivasan, CIO, TVS Infotech and an interview with Mr. Praveen Sinha, Co-founder and Managing Director, Jabong.com. Prof. Sumeet Gupta writes on “RFID in Indian Retail Sector”. Also student contributions on CFPR, EAM , IT and Leagile Supply Chain are also present.