IIM Lucknow organised a leadership series for its International Programme in Management for Executives( IPMX ) batch at its campus in Noida
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 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.”
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.”
About IPMX
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. The programme is designed to develop business education that is grounded in the Indian and international business environment. It will accelerate understanding of business at functional and strategic levels, and prepare students to manage enterprises engaged in global business. The curriculum focuses on a strategic understanding of business, rooted in practical skill development through action learning projects and industry interface.
