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Lakshmi Precision Screws Ltd.

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Presentation on theme: "Lakshmi Precision Screws Ltd."— Presentation transcript:

1 Lakshmi Precision Screws Ltd.
Address: Opp Northern Bye Pass Hissar Road Rohtak Haryana INDIA Tel : Fax:

2 About LPS     Our company, “Lakshmi Precision Screws Ltd.”, since decades, has been a name synonymous to fastening excellence. A global leader in the production and marketing of fasteners for a broad range of automotive and industrial applications and our global tie-ups with the world’s best fastening giants, firmly establishes our claim of being a  single solution provider to all our esteemed customers. It is also catering the needs of various sectors such as Wind Energy, Oil & Gas, Locomotives, Automobiles, Agriculture Equipments (Tractors), Machine Building and different Industrial and its sub-con items. The endeavor of the Company is to provide high level customer satisfaction. The Company is constantly researching to enhance its quality of the products keeping in mind the increasing expectations of the customers and the Company’s brand. The Company is delighted and thankful to all its customers for regular support and its guidance We offer challenging assignments to the professionals, who are passionate about innovation and excellence.

3 Vision & MISSION O U R V A L U E S VISION MISSION Customer Obsession
‘LPS Vision is to provide world class fastening solutions and components for our customers through competitive pricing, performance, superior quality, safety & environmental care’. MISSION ‘Creating value for our customers and shareholders, we will use our expertise to create fastening solutions , and components of superior quality with safety and environmental care for our esteemed customers in selected segments. At LPS we will work with energy , passion and respect for the individuals’ . O U R V A L U E S Customer Obsession Continuous Improvement Respect For People 3

4 LPS Journey Product Development & Technology

5 LPS Quality Journey ACCREDATION of LABS FOR A2LA & NABL 1995 ISO 9002
1996 ISO 14001 2001 TS 2003 OHSAS 18001 2004 AS 9100B 2008 NADCAP HEAT TREATMENT 2009 NADCAP FPI 2011 AS9100 C R&D RECOGNIZED by DSIR

6 Sale, Market Segments & Customers
Profile of LPS

7 Sales Market Segment-wise

8 Supply Chain Network Plant - I & II at Rohtak New Plant at Manesar
Branch Offices (8) Dealers (+1000) all across India Plant - I & II at Rohtak New Plant at Manesar

9 Segment-wise Customers Served
H,M&LCV Cars Two Wheelers

10 Segment-wise Customers Served
Tractors Tier 1 Industrial Aviation Telecom

11 Manufacturing Capabilities

12 LPS Manufacturing Capabilities
In house manufacturing processes Cold & Hot Forging, Heat Treatment (NADCAP Certified) Machining High Precision CNC Machining Plating / Coatings. Global Alliances-Technical Tieups 12

13 Manufacturing Capabilities
Variety of Finishes Dacromet, Geomet, Delta-Seal, Delta-Tone, Hot Dip Galvanizing, Zn Iron Plating, Zinc Ni Zn Plating with Trivalent Passivation, Thermal & Chemical Blackening, Electro less Nickel Coating Diameter Range M1.4 to M25 by Cold Forging. Above M25 by Hot Forging. Hardness Grades Soft Grades, 8.8, 10.9, 12.9 Length 3 mm to 300 mm by Cold Forging. Above 300 mm by Hot Forging. 13

14 Collaborations & Technical Tie-ups

15 Collaboration / Technical Tie-ups
Company Brief Detail about Tie-up LPS has recently done agreement with Richard Bergner Verbindugstechnik Gmbh & Co.KG (RIBE), Germany for Technical Cooperation and Licensing for Design and Manufacture of High Strength Cylinder Head Bolts to offer Best Practice Fastener Technology Solutions to our Automotive Customer Base. RIBE is engaged in manufacturing of Specialty fasteners and precision cold formed parts for nearly 100 years and have turnover of USD 165 million. Presently they are catering to Auto and Aerospace Segments with Engineered fasteners of high-grade aluminum alloys, Preassembled screw/sleeve combination parts Thread forming screws for metals, sheet metals and plastics, High-tensile arbor fracture blind rivets, Integrated components, Engine and wheel bolts, Brake components, Aerospace fasteners, Piercing rivet systems, Automation and fastener processing technologies for sheet metal applications, Automated systems for feeding and staking fastening elements (staking bolts, staking/piercing nuts, rivets etc.) into sheet metal components, Springs, Coils, Formed Wire parts, Stamping. In Automobile their main customers for Engine Fasteners including Cylinder Head Bolts are Mercedes, BMW, Audi, VW. RIBE Brands: Aluform, Multiform, Plastoform, RIBE, RIBULB, RIFIT, Rifixx, Rifixx Plus, RIFAST, Triform

16 Collaboration / Technical Tie-ups
Company Brief Detail about Tie-up LPS has license from Acument, USA to manufacture Torx & Torx Plus Drive in India. LPS has license from EJOT, Germany for Manufacturing of Altracs & Delta-PT Self Tapping Screws for Light Alloys and Plastics. LPS has license from Dorken, Germany for doing coating Delta-Tone & Delta-Seal LPS has joint venture with Bossard, Switzerland for marketing and inventory management for standard c parts in India.

17 Product Application Strength Areas & Approvals of International OEMs
Product Range Product Application Strength Areas & Approvals of International OEMs

18 LPS Product Range - Fasteners
STANDARD PRODUCTS Socket Head Cap Screw Socket Counter Sunk Head Screw Socket Set Screw Knurled Cup Point Flange Bolts/ Screws Dowel pins Stainless steel Fasteners Socket Low Head Cap Screws Socket Button Head Cap Screw Hex Head Bolts/ Screws Hex Nuts Friction grip bolts 18

19 LPS Product Range - Fasteners
SPECIAL PRODUCTS Licensed Products Torx, Torx Plus, Altracs & Delta PT Parts of Engine System Transmission Bolt Compressor Bolt Wheel Bolts Collar Bolts and Axles Hexagon Flange Bolts Studs Braking System Parts: Guide Pins Banjo Bolts Headlamp Adjusting Screws Weld Studs Oil Plugs Fasteners with Micro Encapsulation 19

20 LPS Products Range Cold Forged Components
Gear Shaft Spline Shaft Kick shaft Ball Pins Ball Rods Shaft for Alternator & Stators Brake S-Cam 20

21 Approvals of International Automotive OEMS
Volvo, Sweden has approved LPS facilities for High Tensile Fasteners. Volkswagen AG, Germany has approved LPS facilities for 10.9 and above grades. Fiat Powertrain Technologies, Italy has approved LPS facilities for High Tensile Fasteners. Total range for Fiat is of 206 fasteners having fasteners upto 12.9 grade. SDE : 40 nos / Fire Engine: 45 nos / Transmission : 20 nos / Vehicle Assy : 25 nos All fasteners are tested in Italy and approved.

22 PART SUPPLIED TO EUROPEAN & USA OEMs
Single Source for Oil Pan Screws & Studs to Volvo Powertrain. Supplying to their plants in Sweden, France, USA, Brazil & Japan. Engine Fasteners to John Deere for France. Engine Fasteners to Cummins UK. Supplying Fasteners to GE, USA for Locomotive Applications. Fasteners for GE Aviation, USA under development. Fasteners for VW developed and are under validation in Germany.

23 Quality Assurance

24 Quality System Certifications

25 Quality System Certifications
LPS Plant II obtained “AS9100 certification” from ULDQS India In Aug 2008

26 LPS Heat Treatment Facility certified by NADCAP in June 2009
NADCAP Certification (Heat Treatment) LPS Heat Treatment Facility certified by NADCAP in June 2009 26

27 Environment & OHSAS System Certifications

28 Laboratory Accreditation
28

29 Chemical & Metallurgical Test Facilities
Torque & C. F Tester UTM:100T Vickets Hardness Tester Spectrometer METALLURGICAL ANALYSIS Met. Microscope Rockwell cum Brinell Fischeroscope Corrosion Testing MCD Machine Microvickers ID: 29

30 Metrological Test Facilities
Perthometer METROLOGY- STANDARDS ROOM Tool Makers Microscope Profile Projector ID: 30

31 Strategic Initiatives Achieve Business Excellence
to Achieve Business Excellence

32 Recent Strategic Initiatives
SAP Implementation: LPS is the first fastener company in India to successfully implement SAP for all operations. Balanced Score Card: In order to propagate and monitor strategic initiatives through out company LPS has adopted BSC approach two years back. There are 22 Strategic Initiatives focusing on Customer, Financials, Internal Processes and Learning on which various CFTs work continuously. Lean Manufacturing: Recently, initiated working to implement of Lean Manufacturing and VSM.

33 Customer Recognitions

34 Customers’ Recognition
Recognitions

35 Achievement Award - HONDA
ID: 35

36 Achievement Award - BOSCH

37 Achievement Award - CII
LPS received “ Commendation to strong commitment in Business Excellence” From CII( Confederation of Indian Industries) For the year 2008

38 Customers & Customers’ Recognition

39 Work culture and environment in LPS

40 Financial and non-financial benefits to employees in LPS
Accidental Policy Canteen Facilities Free Annual Medical Check Ups Car policy Base Pay Other Incentives Provident Fund & Gratuity Appreciation & Rewards

41 Thank You 41


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