Presents 17 Years of INDIA MANUFACTURING EXCELLENCE …

CONNECTED SUPPLY CHAIN

In search of the “Smart Factory of the Year”

December 9, 2021

Presents 17 Years of

INDIA MANUFACTURING EXCELLENCE AWARDS

Television Media Partner:

Welcome to the 2021 edition of Frost & Sullivan’s India Manufacturing Excellence Awards (IMEA).

It is the country’s earliest and most respected assessment-based manufacturing award. With a proprietary assessment methodology developed through 1,000 manufacturing site reviews, this program is an ideal platform to drive your operational excellence journey. Over the past sixteen years, Frost & Sullivan has assisted automotive, industrial engineering, FMCG, pharmaceutical, healthcare, and metals-based organizations to advance their manufacturing capabilities, extend supply chains, and optimize production systems.

We are deeply committed to technology-driven change in India, and our “Smart Manufacturing Model” has been developed to serve and advance the IMEA vision.

All short-listed companies will be eligible for a digital manufacturing readiness assessment tailored towards operational excellence technology framework. This will allow the participants to be nominated for the Frost & Sullivan “Smart Factory Award” review. There will be a maximum of three awards in this category.

Given the current COVID-19 situation, IMEA 2021 aims to facilitate the assessment discussion around the following topics:

• What were your most effective COVID-19 responses? • How were manufacturing operations affected due to a dependence on distant global

supply chains? • Have circular supply chain operations helped you leverage unexploited raw materials? • Does the company plan to reconfigure its strategy to accelerate the adoption of advanced

manufacturing and digital technologies?

This year will be exciting, as our ever-evolving IMEA model has incorporated the above elements in our assessment process with the continued objective to learn, grow and improve through the sharing of meaningful operational insights. While advising clients on their digital manufacturing journey, Frost & Sullivan is set to enhance India’s competitive advantage in manufacturing.

I invite you to be part of this exciting journey and partner with us in taking India to its true manufacturing potential: The Future Global Powerhouse.

CONNECTED SUPPLY CHAIN 2www.frost.com/imea

India Manufacturing Excellence Awards


Rick AinsworthChief Commercial Officer

and Regional Leader Frost & Sullivan

WELCOME NOTE

AUTOMOTIVE & ANCILLARY ENGINEERING FOOD & BEVERAGES

AEROSPACE SUGAR PULP & PAPER

CHEMICALS PHARMACEUTICALS GEMS & JEWELRY

ELECTRONICS ENERGY & POWER METALS

RUBBER PRINTING & PACKAGING OIL & GAS

CEMENT FMCG TEXTILES

IMEA ASSESSMENT & CONSULTING LANDSCAPE: EXPERIENCE WORKING WITH OVER 1150+ MANUFACTURING FACILITIES ACROSS 18 MAJOR SECTORS

HALL OF FAME: PARTICIPATION SINCE 2004




1

CHART 1

Enhanced Competitiveness

Manufacturing Effectiveness

Digital Manufacturing

Building a Competent Supply Chain

Building Capable Organization

Creating Future Ready Factory

The awards assessment process brings out the consonance of Strategic Goals towards Business Growth, their derivative Organizational Objectives towards Enhanced Competitiveness and the facility's Operational Performance towards Manufacturing Effectiveness

Addressing Stakeholder Needs

2

100

Poin

ts E

ach

The assessment is based on more than 250 pre-graded checkpoints that define the evaluation parameters and thereby map the facility’s standing on the ‘World Class Manufacturing’ map. Weightage of 80% => Operational parameters Weightage of 20% => Business results

Business Results

(200 Points)

Orderliness, Safety & Environment Operational Flexibility

Focus on Customers Asset care Management

Scheduling Systems Quality Systems

Visual Management Supply Chain Management

Inventory Management Internal Competence

Layout & Material Handling Systems Innovation Adaptation

Business Results

The awards assessment process brings out the consonance of strategic goals towards business growth, their derivative organizational objective towards enhanced competitiveness and the facility’s operational performance towards manufacturing effectiveness.

FROST & SULLIVAN’S MANUFACTURING EXCELLENCE ASSESSMENT MODEL




PARAMETER SCORES & COMPARATIVE ANALYSIS 3 3

Lean with display of Continuous Improvement 1200

800

600

400

200

0

Significant progress towards Reliable Processes

803

Model Score Facility Score

Commendable Beginning

Planning Stage

Ready to Start

IMEA ASSESSMENT FEEDBACK & COMPARATIVE ANALYSIS

4 4

100

82

61

75

72

68

67 65

61

70

68

65

0

72

Supply Chain

PARAMETER SCORES & COMPARATIVE ANALYSIS

Quality Systems

Focus on Customers

Orderliness, Safety & Environment Innovation Adaption

Visual Management

Scheduling Systems

Layout & Material Handling Systems

Inventory Management

Internal Competence

Asset Care

Operational Flexibility

Maximum Sample Facility Score IMEA Average

IMEA ASSESSMENT FEEDBACK & COMPARATIVE ANALYSIS




STATISTICAL SCORECARD & BENCHMARKING

STRATEGY VS. IMPLEMENTATION EXCELLENCE5 5

Average of Top 3 (IMEA) Average of Bottom 3 (IMEA) Average of Bottom 3 (IMEA)

STATISTICAL SCORECARD & BENCHMARKING

0

10

20

30

40

50

60

70

80

90

100

Focu

s on

Cust

omer

s

67 79 75

79 82 82

70

80 79

74 76

80

Ord

erlin

ess,

Saf

ety

&

Envi

ronm

ent

Visu

al M

anag

emen

t

Sche

dulin

g Sy

stem

s

Layo

ut a

nd M

ater

ial

Hand

ling

Syst

ems

Inve

ntor

y M

anag

emen

t

Inte

rnal

Com

pete

nce

Asse

t Car

e

Ope

ratio

nal F

lexi

bilit

y

Supp

ly C

hain

Qua

lity

Syst

ems

Inno

vatio

n Ad

aptio

n

6

Facility Score

50 55 60 65 70 75 80 85 50

55

60

65

70

75

80

85

Stra

tegy

Implementation

STRATEGY VS. IMPLEMENTATION EXCELLENCE

Auto Ancillary

Automotive

Engineering

Metals

Pharma

Process

Facility Score




7

I I o T Augmented Reality

IT Systems & Security

Cloud Computing &

Usage

Artificial Intelligence / Self Learning

Machines

Additive Manufacturing

Digital Modeling

Smart Products & Solutions

IIoT Strategy

Smart Equipment

Automation & Robotics

Big Data Analytics

Frost & Sullivan’s IIoT Readiness Framework consists of 11 core pillars that are being adopted by manufacturing companies globally in their journey to be digital ready • IIoT Readiness Framework evaluates a company’s adoption of IIoT tools, its readiness and maturity to go along the

IIoT journey • On-site Assessment of Maturity

8 8

THE FACILITY SCORE ON FROST & SULLIVAN’S IIoT MODEL (ON 1100 MAX SAMPLE FACILITY SCORE)

10

20

30

40

50

60

70

80

90

100

0

IIoT

Stra

tegy

IT S

yste

ms

& S

ecur

ity

Stra

tegy

Smar

t Equ

ipm

ent

Smar

t Pro

duct

&

Solu

tions

Data

(Big

) Ana

lytic

s

Clou

d Co

mpu

ting

Digi

tal M

odel

ing

Addi

tive

Man

ufac

turin

g

Adva

nced

Aut

omat

ion

& R

obot

ics

Augm

ente

d Re

ality

Artif

icia

l Int

ellig

ence

&

Self-

lear

ning

Mac

hine

s

IIoT READINESS FRAMEWORK – SMART FACTORY

THE FACILITY SCORE ON FROST & SULLIVAN’S IIoT MODEL (ON 1100 MAX) SAMPLE FACILITY SCORE:

SMART FACTORY ASSESSMENT – IIoT FRAMEWORK




Level 1 Disconnected Factories

Level 2 Connected Devices (real-time data storage & retrieval capabilities exist)

Level 3 Real-time Data Analytics and MIS (operational level performance optimization)

Level 4Connected & Smart Enterprises (end-to-end supply chain integrations and business-level optimization, cloud computing, data security)

Level 5Self-learning (AI-based) and Intelligent Organization (usage of big data analytics, AI-based models, AR/VR tools for performance improvements, and other relevant IoT tools)

Level 6Innovative & Leader / Future Ready Organization (Achieved level 5 and also manufactures smart products, solutions and services for competitive differentiation)

SAMPLE FACILITY’S MATURITY LEVEL IS AT 3.3 ON A 6 LEVEL SCALE MATURITY LEVELS FROM 1 TO 6. ARE ELABORATED BELOW




10 10

The Smart Manufacturing Model has three core sections – • Business Results • Drivers – Operational Excellence Pillars (IMEA) • Digital Manufacturing Tools (IIoT)

ARTIFICIAL INTELLIGENCE & SELF LEARNING MACHINES

AUTO

MAT

ION

&

RO

BOTI

CS

BUSINESS RESULTS

10 10

The Smart Manufacturing Model has three core sections – • Business Results • Drivers – Operational Excellence Pillars (IMEA) • Digital Manufacturing Tools (IIoT)

ARTIFICIAL INTELLIGENCE & SELF LEARNING MACHINES

AUTO

MAT

ION

&

RO

BOTI

CS

BUSINESS RESULTS

SMART FACTORY ASSESSMENT – IIoT FRAMEWORK




ConfidentialityAll information (either shared or made known to us on account of the site visit) and report (individual assessment reports of facilities) will be kept strictly confidential.

Documents collected by the team during the course of this assessment will be returned back at the end of the assessment, before the team leaves the manufacturing facility. Kindly do not hand over any sensitive documents to the assessors to take along. It can be discussed in the presence of company personnel.

12 12

Status of Manufacturing Excellence: A detailed report will be submitted to the assessed facility within 2-3 weeks of assessment.

An executive summary highlighting key points of improvements will be shared in the closing meeting session.

Observation and opportunities for improvement during the discussions can be noted by a coordinator.

FEEDBACK ON ASSESSMENT

Manufacturing Excellence scores and IIoT Readiness scores will be combined to identify the “Smart Factory” Award Recipient of the Year. There will be a maximum of three awards in this category.





QUALIFICATION CRITERIA

INDIANMANUFACTURER

OF THE YEAR

OVERALL WINNEROF IMEA 2021

INDUSTRY SECTORSCERTIFICATE OF

MANUFACTURING EXCELLENCE

INDIANMANUFACTURER

OF THE YEAR1ST RUNNER UP

FUTURE READYFACTORY

AUTOMOTIVE • ENGINEERING • PROCESSHEALTHCARE • FMCG • METALS • CHEMICALS

SILVERAWARD

FUTURE READYFACTORY AWARD

GOLD AWARD

GOLD AWARD

SECTOR-SPECIFIC AWARDS

SMART FACTORY AWARD AND RECOGNITION

SMART FACTORY OF THE YEAROverall Winner

of Smart Factory 2021

Sector Specific Awards Smart Factory

Award Winner

Emerging Business

IMEA Assessment Score* Above 820

Medium Business

Large Business

Mega Large Business

Smart Factory Award Runner up

Smart Factory Qualifying Criteria

Certificate of Merit

IIOT Assessment Score

Above 500

IMEA Assessment Score*

Above 820

IIOT Assessment Score

Above 500

IMEA Assessment Score*

Above 820

* Repeat companies may directly opt for IIoT assessment and compete for Smart Factory Award

with IMEA assessment score of the previous year.CONNECTED SUPPLY CHAIN

Smart Factory of the Year: site scoring highest

Top-scoring companies in each sector will receive the Smart Factory Award, and the rest

who meet the qualifying criteria are eligible for Certificate of Merit.

The minimum qualifying criteria ensures that only the deserving companies receive the recognition.


GOLD CATEGORY ABOVE 820

GOLD AWARD

FUTURE READYFACTORY

CERTIFICATE OFMANUFACTURING

EXCELLENCE

PLATINUM CATEGORY ABOVE 875 SILVER CATEGORY

ABOVE 765

QUALIFY BANDS (BASED ON ASSESSMENT SCORES)


FEE DETAILS

13 13

SCHEDULE OF EVENTS

Last date for receipt of

Application Forms

August 16, 2021

Shortlist Communications

Till August 25, 2021

Site Assessment

Till November 10, 2021

Review/ Repeat Site Visit

(if necessary )

November 10 - 25, 2021

Finalization of Award Recipients

November 25, 2021

IMEA 2021 Awards Banquet

December 9, 2021

PARTICIPATION CATEGORIES

SALES TURNOVER (INR)

APPLICATIONFEE*

SITE ASSESSMENT

FEE*

IIOT ASSESSMENT

FEE*

MEx WORKSHOP (Optional ) Any INR 550,000

EMERGING BUSINESS 20 Cr – 100 Cr

INR 78,500

INR 238,500INR 295,000

MEDIUM BUSINESS 100 Cr – 500 Cr INR 390,000

LARGE BUSINESS 500 Cr – 2000 Cr INR 545,000INR 395,000

MEGA LARGE BUSINESS > 2000 Cr INR 690,000

*The above mentioned fee is exclusive of GST @ 18%. The applicable government taxes will be levied at the time of invoicing *Manufacturing Excellence Workshop (MEx): Companies have an option to undergo a MEx Workshop. This program is available only ‘on-request’. The objective of this workshop is to provide an integrated platform for companies to identify opportunities for improvement (OFI) and provide a structured roadmap by identifying 6-8 quick-win KAIZEN projects before undergoing final IMEA Assessment.

IMEA BRIEFING SESSION – 1 DAY PROGRAM

Each participating facility shall be invited to attend the Virtual IMEA briefing session at the beginning of the assessment cycle.

The briefing session shall serve to provide an insight into the awards evaluation process, the IMEA model and the on-site assessment methodology.

SCHEDULE OF EVENTS




“IMEA assessment is unbiased and the evaluation criterion is very relevant

to the current industrial environment. It reinforces our focus to excel in all

Business Processes and create a brand image. It bolsters in creating a motivating

workplace at all levels of hierarchy.”

“Frost & Sullivan’s IMEA assessment has perfectly served the purpose of inspiring manufacturers and raising awareness for the masses. We have gained exposure and it has helped us to re-confirm our

quality and performance commitment to the clients.”

“Participation in the IMEA has always been an enriching experience. The biggest

benefit is that we get assessed in those areas for which we do not have any other formal assessments and through IMEA all areas are examined to get the meaningful

feedback forimprovement.”

“The assessment was holistic and covered all the aspects of site operations. The eye for detailing from the assessing team was remarkable, which has shown us the path to excellence and to plan our next steps

toward improvement.”

For more information, kindly contact:

Mr. Apoorv AnandFrost & Sullivan India Pvt. Limited

E-mail: [email protected] | Mobile: +91-9028889558

“Frost & Sullivan’s assessment is very methodical, robust, in-depth and based on a well-defined framework. The in-depth

knowledge of the assessors and the practical know-how of industry experts

help in further honing our skills in various subject matters and benchmark us at

the national level.”

“The IMEA assessment is very enriching and transparent process. The objectively defined assessment process, immediate feedback on the current status, scores

and gaps is rarely seen in other Business Excellence Award platforms.”

“Participating in IMEA 2017 was very encouraging, insightful & enriching

experience. IMEA assessment helped in deeper understanding of our systems, best practices, external calibration and benchmarking scores against industry

leaders across categories.”

“It (the assessment) is an opportunity to evaluate the progress of the organization

over the years, to also learn from the best practices prevailing in industries and to adapt, improve through learning and

sharing.”

“Comprehensive IMEA Assessment model gave us an opportunity to

check ourselves with respect to world class business models and identify our competitiveness in preparing ourselves

for the next level, globally. “

“We found the IMEA assessment to be extremely systematic, encompassing all the business elements with a complete and holistic view. After this assessment, we can clearly understand our current

standard and align our efforts toward the key improvement areas.

“It has been an excellent experience for us. The inputs received will help

us immensely in improving our manufacturing system. The process is

transparent and two way communications enables a better understanding of the

existing systems and gaps. “

“The IMEA assessment was meticulous and intensive. It provided us valuable insights and was a complete learning

experience. Receiving such a prestigious award is a huge endorsement and has

significantly raised the profile of our unit regionally and nationally.”

TESTIMONIALS

PLEASE MAIL COMPLETED APPLICATION AND SELF-ASSESSMENT

DOCKET TO:

Ms. Sutanuka Sarkar Frost & Sullivan India Pvt. Ltd. E-mail: [email protected]

Mobile: +91-8910957082

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