TVS Motor Company is the third largest two-wheeler manufacturer in India and one among the top ten in the world, with an annual turnover of more than USD 1.4 billion in 2011-2012, and is the flagship company of the USD 7.29 billion, TVS Group.
The business ranges from automobile component manufacturing, components distribution, manufacturing of powered two-wheelers, computer peripherals, financial services, contract manufacturing services and software development.
TVS Motor Company Ltd (TVS Motor), a member of the TVS group, is the largest company of the group in terms of size and turnover.
A Vehicle for Everyone
TVS Motor currently manufactures a wide range of two-wheelers.
Take your pick from mopeds to racing inspired motorcycles.
The company has four manufacturing plants, three located in India (Hosur, Tamil Nadu and Mysore, Karnataka and Nalagarh, Himachal Pradesh) and one in Indonesia (Karawang)
TVS has been at the forefront in bringing a revolution in personal commutation since the 1980s.
Beginning with launching a simple, easy-to-use moped for the middle class in India in the 1980s to launching 7 new bikes in a single day (first time in the history of the automotive industry in the world), TVS has often taken the unbeaten path to innovation.
Ushering in the personal transportation revolution.
Driven by the Five Pillars of TQM
The management philosophy is based on five pillars of TQM (Total Quality Management) – Management Commitment, Customer Focus, Quality Costs, Quality Systems and Continuous Improvement – which rests on the foundation of Total Employee Involvement Program, Daily Management, and Kaizen.
The Total Employee Involvement Program:
The Total Employee Involvement program ensures that responsibility for the company’s performance is the shared responsibility of employees at all levels.
It provides the employees with the opportunity to be involved in breakthrough activities and other improvements, over and above their daily routine.
Daily work management:
Daily work management consists of defining and monitoring key processes, ensuring that they meet set targets, detecting abnormalities and preventing their recurrence.
TVS Motor encourages continuous improvement in all aspects of work, using Cross-Functional Teams (CFT), Supervisory Improvement Teams (SIT) Quality Control Circles (QCC) and suggestion schemes
What about Kaizen?
The five pillars start with policy management, which is used to arrive at the annual breakthrough objectives.
There are generally not more than three company objectives, arrived at after a detailed exercise, which is deployed and reviewed periodically.
The company conducts an exhaustive range of training programs, utilizing both in-house skills and consultants from all over the world.
The programs are conducted for all employees, at all levels.