Maruti wins Asia Pacific PLM Award
Maruti Udyog has won UGS Corp's 'Asia Pacific PLM Excellence Award 2006', for exceptional business success.india Updated: Jun 12, 2006 16:59 IST
The country's leading car major, Maruti Udyog Ltd has won UGS Corp's 'Asia Pacific (AP) PLM Excellence Award 2006', for exceptional business success through use of PLM software and services.
The award given by UGS, global provider of product lifestyle management (PLM) software and services, recognises benefits of PLM across various functions in the lifecycle of a product, from engineering to manufacturing, in the Asia Pacific, the company said in a release.
Crompton Greaves Ltd, Pyung Hwa Oil Seal Industry Co Ltd and Shanghai Yanfeng Johnson Controls Seating Co Ltd were declared runners-up for the award, it added.
Maruti also showcased benefits like profitability in the capital intensive automotive industry, including faster time-to-market, increased global, supplier collaboration, local content and product quality and reduced vehicle cost, it said.
"Not only were we able to streamline our processes, control costs and decrease time-to-market to meet consumer trends and demands, but the new PLM solution has also enabled us to enhance value to our customers, hence, increasing customer loyalty and satisfaction," Maruti Udyog Ltd General Manager, Engineering, CV Raman said.