Leading Manufacturing Companies – Dalmia Bharat
R&D, quality and supply chain have direct bearing on manufacturing capital. While R&D builds a strong future outlook for expansion or optimum use of manufacturing capital, both quality and supply chain are essential linkages to meet customer expectations in least possible time with optimum costs. Hence, collaboration with quality and supply chain are more frequent to meet or exceed the product quality and optimising manufacturing cycle as per demand. The company carries out detailed plant review meetings every month with all functional heads and plans one month ahead its manufacturing cycle.
The collaboration with R&D happens with respect to both long and short term horizon. Specific matters related to new customer requirements are taken up with the R&D team on a short term basis to provide quick solutions. In cases of new product development, the collaboration becomes long term but more frequent to meet the expected requirements from either existing assets or through development of new assets.
Today’s times fall in an era of transformation and change appears to be an understatement. Systems as a whole (including industrial outlook) is being forecast to transform within a decade. Hence, Dalmia Bharat sees a two-fold challenge for manufacturing. The first challenge would be to run hand-in-hand with the technological changes taking place. It becomes even more interwoven when one has to prepare one’s workforce for tomorrow to benefit from this transformation. The second challenge is growing stakeholder expectations. The best quality products with least impacts on the environment is the new business model and it rewards in terms of brand value, product demand and reduced business risk.