Indian Institute of Fraud Management
VALUE SREAM MAPPING
FOR RANE TRW STEERING SYSTEMS LTD.
(PUMP DIVISION)
CHENNAI.
By
B.GOKULAKRISHNAN
Reg. No 3510 3085 of S.R.M. Engineering College
A PROJECT REPORT
Submitted to the
School of Management
In partial fulfillment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION
SRM INSTITUTE OF SCIENCE AND TECHNOLOGY
Deemed University
April, 2005
BONAFIDE CERTIFICATE
Certified that this project report titled Value Stream Mapping is the bonafide work of Mr. / Ms B. Gokulakrishnan who carried out the research under my supervision. Certified further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate. Signature of the Guide
Signature of the HOD
Mr. Sada Sivan
ABSTRACT
Rane Group is a leading manufacturer of safety critical automotive components in India with a consolidated group turnover of Indian Rs.8.7 billion (USD 192 million) in 2003-2004. The group has access to technology from global leaders like TRW Inc. USA, NSK Japan, Nisshinbo
Industries Japan. Rane companies are certified to ISO 9002 / QS 9000 / ISO 14001 standards.
Rane products are exported to over 19 countries across the globe.
Rane TRW Steering Systems Ltd. are the manufacturers of Steering Systems for
Automobiles for the past 9yrs. They are accreted to ISO Standards of Total Quality Management
(TS 16949). They are being supplying the system to TATA, TELCO, HYUNDAI, MARUTI,
GENERAL MOTORS, etc.
As Auto Industry is on the verge for a boom in our country, the company is planning to be at a major part in it. Foreign carmakers are being outsourcing their plant and components for
Auto Industry to India. Out of several parts of a car, one of it is Steering and a Pump for functioning of the steering. So these are manufactured in Rane. These parts
FOR RANE TRW STEERING SYSTEMS LTD.
(PUMP DIVISION)
CHENNAI.
By
B.GOKULAKRISHNAN
Reg. No 3510 3085 of S.R.M. Engineering College
A PROJECT REPORT
Submitted to the
School of Management
In partial fulfillment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION
SRM INSTITUTE OF SCIENCE AND TECHNOLOGY
Deemed University
April, 2005
BONAFIDE CERTIFICATE
Certified that this project report titled Value Stream Mapping is the bonafide work of Mr. / Ms B. Gokulakrishnan who carried out the research under my supervision. Certified further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate. Signature of the Guide
Signature of the HOD
Mr. Sada Sivan
ABSTRACT
Rane Group is a leading manufacturer of safety critical automotive components in India with a consolidated group turnover of Indian Rs.8.7 billion (USD 192 million) in 2003-2004. The group has access to technology from global leaders like TRW Inc. USA, NSK Japan, Nisshinbo
Industries Japan. Rane companies are certified to ISO 9002 / QS 9000 / ISO 14001 standards.
Rane products are exported to over 19 countries across the globe.
Rane TRW Steering Systems Ltd. are the manufacturers of Steering Systems for
Automobiles for the past 9yrs. They are accreted to ISO Standards of Total Quality Management
(TS 16949). They are being supplying the system to TATA, TELCO, HYUNDAI, MARUTI,
GENERAL MOTORS, etc.
As Auto Industry is on the verge for a boom in our country, the company is planning to be at a major part in it. Foreign carmakers are being outsourcing their plant and components for
Auto Industry to India. Out of several parts of a car, one of it is Steering and a Pump for functioning of the steering. So these are manufactured in Rane. These parts