For manufacturing companies, standing still is not an option; neither is simply moving forward with ‘business as usual’ mindset. The factories of the future must become intelligent, innovative, and effective to tackle with shorter time to market, increasing complexity, and rising competition and cost economics. Considering this scenario, we initiated massive digitalisation drive to unlock system efficiency, process effectiveness and operational productivity. The key initiatives commenced were:
Operations Technology Security
Security transparency programme
across its plants to protect its
equipment against any potential
cyberattacks and hacks.
Digitalised Quality Control
For any manufacturing leader, the
quality of its design and conformance
to specifications are an absolute
requirement. To eliminate any instance
of
non-conformity of products,
Schaeffler India in its Pune plant rolled out the Control of Suspected Parts (CoSP) initiative to track and control the reason and bring in benefits of time and cost savings.
Supervisory Control and Data
Acquisition (SCADA)
Schaeffler India implemented SCADA
control system at its Pune plant to
gather real-time data and identify
problems and performance gaps.
Driving Overall Equipment Effectiveness
Schaeffler India introduced Lean
Performance Management System
(LPMS) at its Hosur plant to increase the
equipment effectiveness. The system
monitors and records key parameters
such as equipment downtime,
equipment idling and stoppages, and
process defects to help us increase our
operational productivity.
The finance function is the biggest cog in an enterprise’s performance wheel. Often considered as the most traditional role in company, the modern finance function is key to the adoption of digital technologies.
The finance department at Schaeffler India is no different. The team is in full support of the organisation’s digitalisation drive and has embraced the digital transformation bringing in streamlined processes, improved efficiencies, increased collaboration, and better cost management. Some of the initiatives are:
e-Invoice
As per the mandate from Indian
government, we have digitalised our
invoice system and integrated our
internal systems with government portal. This initiative was successfully
rolled out on 01.10.2020 and
till date 300,000 invoices have
been processed automatically.
e-Way Bill
To ease the timely and seamless interstate
movement of goods, we have
integrated our internal systems with
government portals and launched the
e-way bill facility on March 15, 2021.
Till date, 5,000,000 e-way bills have
been created automatically.
Others
Encouraged by the short adoption
cycle, the teams have already initiated
a number of projects to digitise
traditional manual processes in the
areas of employee direct tax, meetings
and conferences, audits, payments,
workflow for approval, stock keeping
(using latest digital technology like
HoloLens) and bank rationalisation
among others. Even mundane tasks
like invoice reader and a well-planned
document management system are
being rolled out digitally to ensure
wide coverage.
We are pursuing the goal of implementing efficient and globally standardised and harmonised processes supported by a user-friendly, cloud-based human resources platform. In combination with a uniform HR data management the global data quality will be increased, the reporting capability extended, and the maintenance complexity of the HR system landscape reduced.
Three major initiatives that were launched under the digital HR initiative in India during 2020:
Learning Management System
Global portal to all learning offers
of the Schaeffler Academy. Here,
employees and managers can find
an overview of all trainings and can
book classroom trainings, Live Online
Training and E-Learnings directly via
the system.
Performance and Goal
Management system
Doing away with the traditional
bell curve process, the new
Performance and Goal Management
tool SuccessFactor aims to enhance
individual performance and continuous
development of employees. The
new approach makes performance
management transparent; careers of our
employees are planned sustainably due
to continuous dialogue via feedback
between employee and manager.
Travel Management System
In today’s world, ensuring employees’
safety remains a top priority at
Schaeffler India. The ability to pinpoint
and communicate with the traveler,
anywhere, quickly and accurately is
critical, as alerts can be easily sent
out should an unexpected event
occur, or assistance can be rendered
whenever required. New digital
‘concur’ system features an all-in-one
modern, centralised digital solution
for booking of business trips, similar
to travel portals on the internet, and
processing of claims, in accordance
with standardised guidelines and
processes. It is also easily accessible
via PC or App.
High-performance. Precise. Application-oriented. Schaeffler turns Industry 4.0 into practice – for increased customer benefits, sustainability, and efficiency. Even today, customers from a range of sectors are already reaping the benefits of our 4.0 solutions. Smart sensors and mechatronic products from Schaeffler record data at the heart of the machine during operation. When combined with Schaeffler’s system and modelling expertise, these real-time data form the basis for a digital image of the machine that makes further analysis and digital services possible. Our smart components and ready-to-install systems are always perfectly tailored to the specific application. Convince yourself and benefit from Schaeffler Industry 4.0 solutions.
Benefits of Schaeffler’s Service Solutions
Implementation of Coupa
The Coupa procurement system
streamlines procurement management
processes so as to reduce costs
while saving valuable time and
obtain complete visibility with
real-time dashboards that enables
to understand cost and budgets.
Implemented in a modular manner,
the new digital NPM purchasing
solution enables Source to Contract
(S2C) visibility. Coupa enables
state-of-the-art user interfaces, digital
supplier-management, sourcing and
contracting, transparent and
audit-proof contracting and increased
data quality and transparency.
Integrated Supplier Management System
Our integrated portal SupplyOn allows
complete process automation including
orders, scheduling, planning and
dispatch monitoring. Schaeffler India
initiated business directory registration
for all the production material suppliers
for maintaining supplier masters in
system where suppliers upload their
changes like contact person, certificates
and company details among others.
The digital tool is designed centrally to
bring in greater transparency, speed and
effectiveness into the entire value chain,
driving effective decision-making.
