Maruti Suzuki top executive offers management lessons at IIM Lucknow Noida campus

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MBAUniverse.com News Desk |
July 25, 2016
As part of the peer and industry interaction programme at IIM Lucknow, Mr. S. Maitra, Executive Director & Managing Executive Officer (Supply Chain) Maruti Suzuki India Limited, visited the campus at Noida.

They were present  to address and interact with the International Programme in Management for Executives 2009-10 batch students. 

As Mr. S Maitra, Executive Officer, Supply Chain, Maruti Suzuki India, said, “Without a cost reduction, you cannot ask for a price reduction.” Maruti rolled out its “one component, one gram” programme, getting each vendor to make its component or sub-component one gram lighter without compromising functionality. Maruti expects to save Rs 10 crore on annual sales and hopes to share it with vendors.

About the demand of engine, Mr. Maitra said, “Initially, there were some constraints on availability of engines. Those are over and we are raising capacity. But demand has also increased”. Further he added “It is difficult to say if we will have spare capacity to increase production further.”

During the session he also shared, “Maruti’s domestic sales are expected to benefit from a good demand in rural areas.” "Last year, the company got very good demand from rural areas and to push our sales, we will recruit more rural dealerships sales executives (RDSEs)," added Mr. Maitra. The company currently has strength of 2,500 RDSEs.

Maruti plans to spend Rs 1,800 crore in the current fiscal. This is part of the Rs 9,000 crore investment spread over 2007-2011 the company announced earlier.

IPMX 2009-10 batch of IIM Lucknow has 46 participants. A majority of participants come from engineering background having worked in private organizations in India and abroad. Like the first batch, a major number of participants are below 35 years of age with average work experience of 9 years.

Speaking on the occasion, Prof. Punam Sahgal, Dean, IIM Lucknow's Noida Campus said, “We appreciate the fact that Mr. S Maitra, Executive Director & Managing Executive Officer (Supply Chain) Maruti Suzuki India Limited, was able to take the time out to mentor our IPMX batch students on supply chain.”

IIM L’s IPMX is a full time, one-year residential executive programme launched in April 2008 at the Indian Institute of Management Lucknow. The International Programme in Management for Executives is designed for mid/senior level professionals, to prepare them for leadership roles.