Embracing new-age technologies for ease of business
By MYBRANDBOOK
Parna Ghosh, President & Group CIO, Minda Industries
Technology blueprint for year ahead
We have a process for getting the projects approved, it is something like we create a business case or a use case along with the business benefits. So, these can be tangible or intangible benefits. We have a concept of 6Ms, E&T and IT. 6M means Management, Marketing, Manpower, Materials, Money and Manufacturing, then we have E&T – Engineering & Technology and IT. These are eight functions in the organization. From all the functions, we receive a lot of project requests or initiatives. So, what we do basically is we share the template which captures all the information related to business benefits with respect to revenue increase or cost reduction or manpower efficiency improvement or manhours reduction and manpower reduction. So, this is the process for digital projects which means some kind of digital imprint is there. After this detail is approved, we start looking at the KPIs. So, if certain KPIs are there which are linked to current inefficiencies then we need to look at the new KPIs. Once all these things are decided, signed off and approved, then we start implementing the projects. In the current year our major focus area is Manufacturing.
Latest technologies influencing growth
We are implementing advanced planning tool in one of our businesses as a pilot, which is called Advanced Planner and Scheduler (APS). We are also implementing Manufacturing Execution System (MES) in two plants at present and then in future will roll out in other plants.
Apart from that we are also implementing Robotics Process Automation (RPA) in a plant where all the customer orders are digitally collected and posted into the system as an indent. So, since various customers are sending it in different formats, so all the data in the bot is going to the portal, captures all the information and then it posts everything in SAP and the manual intervention is removed. In a single plant we are going to save around eight-man days.
We are also implementing Chatbot and Conversational bot for our HR applications through WhatsApp. So, for leave management, pay slips or any other features we are going to launch this soon.
We are also implementing IoT in few factories this year. In almost 10 factories we have already implemented IoT at this point and have plans to implement into few more factories.
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