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Tata Steel Ideation. B y : Anu Singh 12BM60004 Kamya Sharma 12BM60101. Tata Steel. Tata Steel Limited (formerly Tata Iron and Steel Company Limited, abbreviated as TISCO) is an Indian multinational steel-making company headquartered in Mumbai and a subsidiary of the Tata Group .
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Tata Steel Ideation By : Anu Singh 12BM60004 Kamya Sharma 12BM60101
Tata Steel • Tata Steel Limited (formerly Tata Iron and Steel Company Limited, abbreviated as TISCO) is an Indian multinational steel-making company headquartered in Mumbai and a subsidiary of the Tata Group. • Established in 1907 by Dorabji Tata and is 12th-largest steel producing company in the world, with an annual crude steel capacity of 23.8 million tons. • It has manufacturing operations in countries including India, China, the United States and the United Kingdom. Its largest plant is located in Jamshedpur, Jharkhand. • Vision-” We aspire to be the global steel industry benchmark for Value Creation and Corporate Citizenship”.
Problem Statement Tata Steel is looking for an original idea that will use any aspect of digital technology (cloud, mobile, Android etc ) to create an application or platform that can be integrated with the strategic management requirements of the company. The paper must include the following sections:- • Identify a need or a gap in the current management architecture of Tata Steel. Information available in the public domain can be used for this purpose. • Propose a solution that will show how the current gap can be closed or narrowed significantly. • List benefits that will accrue to the company if it is implemented. Identify potential problems or difficulties that need to be guarded against. • Provide rough estimate of costs including people costs that the company would have to incur as a one time expense and as a regular expense.
Current Scenario Problem - A • A lot of time is spent on material handling:- - Storage of raw material, semi finished goods and finished goods in yards - Transportation of Fabricated steel structure to and from yard to the shipment point - Retrieving half fabricated steel structure for re- work • Identifying material in a large stack is a big problem Problem – B • Standalone Systems – need for integration and collaboration
A: Smart Tagging Smart tagging using RFID tags Benefits : • Identify the location of particular steel material in big yards • Can identify the client name, project details to which the material belongs • Can reduce the theft of material Results : • Reduces material retrieval time . • A large amount of data like design, project details, column numbers etc. can be stored
A: Forward Path • If a part of steel column is lying in a stack for some number of days, so an automatic mail can be generated to the concerned department • Production/ Planning department may take necessary action. Benefits • Material reconciliation will be faster
A: Possible Challenges • RFID System are often more expensive than barcode system. Though it is very beneficial, it is quite expensive to install. • Although the tags work in harsh environment, the signals from certain types of tags get affected when they come in close contact with certain metals or liquids. Reading such tags becomes difficult and sometimes the data read, is erroneous.
B: Enterprise 2.0 • Aim employees, customers and suppliers to collaborate, share, and organize information via Web 2.0 technologies. • It provides rapid and agile collaboration, information sharing, emergence and integration capabilities in the extended enterprise
Cost Estimate Related to RFID :- • Cost of huge numbers of RFID tags • Cost of Procurement of tags • Cost of maintaining the system • Personnel Cost of maintaining the system Related to Enterprise 2.0:- • Human Resource involved in configuration and management • Employee Training • Cost related in procurement of expertise solutions
