In yet another global certification of Indian component suppliers' manufacturing expertise, the Aurangabad-based Endurance Technologies has bagged Yamaha Motor Corporation’s (YMC)  Global Theoretical Value Production (TVP) award. The company is one of only five awardees at the global level.

The TVP award is conferred on a company which is carrying out significant improvements to minimise or eliminate non-value and semi-value operations during production, thus increasing its productivity and efficiency without additional investments – ‘Monozukuri’ or craftsmanship.

YMC, Japan had recently organised a Global Suppliers Conference for the fifth consecutive year in Japan. More than 220 suppliers from 14 countries including 77 suppliers from India, China, Vietnam, Indonesia, Taiwan, USA, Europe, Thailand and Malaysia participated in the conference.

This year, 20 suppliers from India exhibited their technology and interacted with the senior management of Yamaha Motor Group companies across various countries. They comprised FIEM Industries, Endurance Technologies, Roop Polymers, NRB Bearings, Sansera Engineering, ADVIK Hi-Tech, Minda Stoneridge Instruments, Minda Industries, Johnson Matthey, Emitec Emission Control, Minda Corporation, LG Balakrishnan, Shriram Pistons and Rings, SKF India, Hemson Engineers, Modern Automotives, Indian Fine Blanks, Minda Sai and Gabriel India.

Sharing the future with suppliers
Yamaha hosts the Global Suppliers Conference every year to share its long-term plans with its key component suppliers. The focus is also on coming up with manufacturing and design innovations through new technologies with the overall aim of reducing costs and improving productivity.

Twenty-one suppliers including 12 from India, six from China and three from Taiwan exhibited and shared their latest technology with YMC Research & Development and Engineering Team members in the form of a technology exhibition. The event saw over 400 technical personnel from Yamaha visit and interact with these  suppliers.

Commenting on the conference, Toru Yamaguchi, head of purchase and deputy MD, India Yamaha Motor, said, “Through this conference, we aim to develop better communication and partnership with our suppliers. Yamaha’s policy has been to work as one team and develop the business together with the suppliers. We have to keep challenging ourselves in all the areas in order to increase market share, achieve higher competitiveness in model development and enhance better capability in manufacturing. We have huge expectations from the Indian suppliers for global Yamaha business.”