Yamaha Motor Company Ltd (YMC) recently organized the Global Suppliers Conference in Japan. Suppliers from across the world including India, China, Japan and Thailand participated in the conference. This year, a total of 15 suppliers from India were invited in the conference to exhibit their technology and gain exposure through interaction with the senior management of YMC Group companies across various countries.
The Global Suppliers Conference has been established as a platform for suppliers to understand the company’s vision and long term plans. Yamaha is strongly promoting Monozukuri procurement and is focused on creating manufacturing and design innovations by continuously developing new technologies for its products.
Eight suppliers from China, Japan, India and Thailand were given a unique opportunity to exhibit and share their technology with Yamaha Research & Development and engineering team members via a technology exhibition. The exhibition, while giving a forum to suppliers to showcase their capabilities, also gave Yamaha R&D and engineering teams an opportunity to closely interact with suppliers from around the globe.
On this occasion, Mr. Sanjiv Paul, India Yamaha Motor, Manufacturing Unit Head said, “This year our focus was to promote the Indian suppliers worldwide through this conference. It improves competitiveness among the suppliers and encourages them to develop materials and processes which are cost effective and best in quality, accuracy and design. Indian suppliers are not only able to showcase their technology and innovations on a global platform which is very good for improving motivation but they also get an opportunity to interact with Yamaha Research & Development and Engineering teams from various Yamaha group companies. This collaboration and involvement at an early stage is helpful in creating a Quality, Delivery and Cost (QDC) structure which is robust and efficient.”
During the conference, the suppliers were also awarded with Global Awards for ‘Excellence and Quality’, ‘Excellence and Cost innovation’ and ‘Technology and Development’. Indian supplier SPARK MINDA GROUP was awarded the ‘Global Award for Excellence and Cost Innovation’.
Mr. Ashok Minda, Chairman of Spark Minda Group said, “The Global Supplier Conference is a good platform wherein we have been able to clearly see Yamaha group’s global vision and strategy and this will help us in aligning our company’s direction with it. The factory tour which was arranged for us and the technology exhibition has given us a strong motivation to do such innovations at our end also. We at Spark Minda are also thankful to Yamaha for honoring us with the Global Award and recognizing our contribution on this global platform.”
Spark Minda, a US$500 Million Group with 11,200 employees is one of the leading manufacturers of automotive components in mainly 3 categories like Safety, Security & Restraint Systems, Driver Information & Telematics Systems and Interiors System. Other Indian suppliers which participated in the conference included FIEM Industries Limited, Endurance Technologies Private Limited, Roop Polymers Limited, NRB Bearings Limited, Pricol Limited, Sansera Engineering Private Limited, ADVIK Hi-Tech Private Limited and Indian Fine Blanks Limited.