corporate restructuring through quality initiatives - copy

7/29/2019 Corporate Restructuring Through Quality Initiatives - Copy

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Corporate

restructuring

through qualityinitiatives

(VARDHMAN INDUSTRIES)

APPAREL QUALITY

MANAGEMENT

Submitted by:

Anshul KhannaNitin Katoch

Sabhyata Marwah

Shivani

DFT 5


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What is corporaterestructuring?

Corporate Restructuring is the Redesigning one or more

aspects of a company.Restructuring a corporate entity is often a necessity when thecompany has grown to the point that the original structurecan no longer efficiently manage the output and generalinterests of the company.

While sometimes corporate restructuring is done forstructural changes and to carry out resource optimization inthe organization.

Importance of quality

management Customer Satisfaction

Detection in Development Stage

Transparent System

Create Workflow

Reduce Rework

Effective Monitoring

Brand Loyalty

Employee morale

Improves Productivity


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Quality policy ofvardhman industries

Quality should be built into companys products to not only meetcustomer requirements continuously but also exceed them. The

company shall achieve this through an interface with the marketplace, access to state of the art technology, R&D process developmentand adoption of innovative manufacturing and marketing strategies.

The quality policy shall be implemented through a network of systemsand procedures understood and followed throughout the company.

The quality policy shall be integrated with the companys mainobjectives:

1. To remain market leader in quality2. Increase market share with focus on niche segments

3. Improved productivity

4. Cost reduction

The management shall be committed to provide capital and humanresources to achieve the above objectives. A companywide qualityculture shall be created through training and motivation of people at

all levels of organization.

Quality initiatives used in vardhman

industries

TPM (Total Productive Maintenance)

TQM(Total Quality Management)

Quality Circles

Cross Functional Groups

Kaizen

Workers Development Program

Officers Workshop


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Kaizen

Kaizen is a system of Continuous Improvement In Quality, Technology,Processes, Company Culture, Productivity, Safety And Leadership.

Kaizen was created in Japan following World War II. The word Kaizenmeans "Continuous Improvement". It comes from the Japanese words"Kai" meaning School and "Zen" meaning Wisdom.

Kaizen is a system that involves every employee - from upper

management to the cleaning crew. Everyone is encouraged to come upwith small improvement, suggestions on a regular basis. This is not aonce a month or once a year activity. It is continuous.

In most cases these are not ideas for major changes. Kaizen is based onmaking little changes on a regular basis: always improving productivity,safety and effectiveness while reducing waste.

Suggestions are not limited to a specific area such as production or

marketing. Kaizen is based on making changes anywhere andeverywhere, so that improvements can be made.

" The Kaizen philosophy is to "do it better, make it better, improve iteven if it isn't broken, because if we don't, we can't compete withthose who do."


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Standardisedwork

Make problemsvisible

Develop countermeasure

Determine rootcauses

Hypothesizesolution

Test hypothesis

Implementsolution

KAIZEN OR

CONTINUOUS

IMPROVEMENTS


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Kaizen in vardhman

Kaizen (in Vardhman ) usually delivers small improvements, theculture of continual aligned small improvements yields largeresults in the form of compound productivity improvement.Hence the English usage of "Kaizen" can be: "ContinuousImprovement.

In Vardhman Kaizen continuously encourages each employee ininventing and implementing improvements that help inincreasing productivity, making the process efficient andadaptable, raising the quality levels of the company and

decreasing fatigue of employees.Improvements are usually accomplished at little or no expense,without sophisticated techniques or expensive equipments.

It focuses on simplification by breaking down complex processesinto their sub-processes and then improving them.

Outside every production unit there are display boards thatdisplay small improvements made in the machines that have

helped improve productivity, speed, reduced workers load etc.the kaizen also mentions the name of the employee whosuggested it.


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Cross functional teams

A cross-functional team is a group of people with differentfunctional expertise working toward a common goal. It mayinclude people from finance, marketing, operations, andhuman resources departments. Typically, it includes employeesfrom all levels of an organization.

Cross-functional teams link all areas of a business together.Linkage develops from the front to the back end of anorganization, providing co-workers the chance to learn about

other departments.

This cross-functional element also creates more educated andknowledgeable employees with enhanced skill sets because ofthe broader exposure to all processes.

Working in cross-functional teams also makes problem solvingquicker and easier, allowing employees to see things from newangles and perspectives.

With differing viewpoints, much more creativity is brought tothe solution process.


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Cross functional teams invardhman industries

To develop better coordination among inter-relateddepartments 15 cross functional groups have been formed.These groups meet at specific frequencies to sort out mutualproblems and to bring about improvements in systems forbetter interdepartmental working.

The cross-functional teams work together to reach a goal orobjective like developing new products, reducing defects orincreasing the efficiency in a process.

Cross functional teams work towards improving quality levels ofvardhman industries.


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Workers development

program(Manav Vikas

kendra)

Workers Development Program is a system concerned withidentifying future needs, developing a productive workforce,identifying and examining the competencies and skill levels ofemployees at all levels, and determining both proficiency andskill gaps.

Vardhman started various programs for workers so that theirmental level can be improved, namely Manav Vikas Kendrais organized for the workers.

This is to motivate them and so that their problems can belistened and immediately actions can be taken against theproblem.

The Kendra works for total healthy development of theworkers in Vardhman Industries. It plans and executes variousactivities like seminars, group discussions, study circles andconferences. It also publishes booklets, pamphlets andarticles as resource material for its activities.

Each ofVardhmans factory units has a Manav Vikas Kendra forround-the-year training and orientation of its work force.


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Quality accreditation ofvardhman

In today's consumer-oriented world, industries often seekspecial recognition by another agency or body of persons whogive a "seal of approval" for services and goods provided tocustomers. This "seal of approval" is called accreditation.

Accrediting bodies review the on-going quality improvementactivities and programs. Today's accrediting bodies want to seeQI activities that address actual client care. Accreditation isonly given if the industry satisfies certain standards in terms of

quality.


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Quality accreditations ofvardhman

COTTON USA MARK:

Vardhman group is a verified Cotton USALicensee.

COTTON USA Mark, identifies anddistinguishes quality productsmanufactured with a high content of U.S.cotton.

Licensees may use the COTTON USA Markto identify quality 100 % cotton products

(with a tolerance of up to 5% non-cottoncontent by weight for decorative orstructural purposes) made from 50% ormore U.S.-grown cotton if sold outsidethe United States otherwise 100% U.Scotton

VARDHMAN: CLASSIFIED AS ANOFFICIAL SUPPLIER OF COTTONMADE IN AFRICA:

"Cotton made in Africa" is an ingredientbrand, i.e. it is a kind of quality labelshowing that the product containssustainably grown African cotton. Thelabel is always used alongside brandlabels or in the garment as an AdditionalQuality contained in the product


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Quality accreditations ofvardhman

OEKO-TEX STANDARD 100(CONFIDENCE IN TEXTILES LABEL)

Oeko-Tex Standard 100 is an independenttesting and certification system for textileproducts from all stages of production(fibres, yarns, fabrics, ready-to-use endproducts, including accessories) along the

textile value chain.Confidence in Textiles labels certifies thatno harmful chemicals are used in themanufacture of raw 100% cotton yarnsmade by vardhman industries.

SUPIMA TRADEMARK:

The name "Supima" is a licensed

trademark owned by Supima and itsmembers. It is used to promote textileand apparel products made of 100%American Pima cotton, and is strictlycontrolled by the grower organization.The name "Supima" is an abbreviation forSuperior Pima.

The Supima trademark is the consumers

guarantee that the branded textileproduct they are buying is made of U.S.-grown extra-long staple cotton Supimacotton.

corporate restructuring through quality initiatives - copy

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