Case Study - Genus Power Infrastructures Ltd.: LeanSigma Supports Rapid Growth
Client
Genus Power Infrastructures Ltd. manufactures electronic energy meters, electricity infrastructure products, hybrid microcircuits,inverters, batteries, and uninterruptible power supplies.
Challenges
Genus Power’s rapid sales growth was outpacing the company’s production capacity, which undermined its market position and caused it to lose some orders. Also, its product development processes were too slow to keep up with market innovation demands.
Solution
Genus started working with TBM Consulting Group in 2004 to implement LeanSigma tools and practices. Starting with several highly focused kaizen events, the methodology has touched every area of the company and transformed the culture.
Results
Average product costs have been reduced 15-20%, output doubled in the same floorspace, new products are being launched in half the time, and revenues have grown five-fold, capturing an estimated 22% of the Indian market for its products.
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