Drivetrain Power and Propulsion scored high in the Strategic Diagnostic Review conducted by Deloitte as part of the C21 Challenge program initiated by the Victorian Government.
The Victorian Government in conjunction with Toyota Australia conducted the C21 Challenge program with about 49 component suppliers.
First piloted in 2008-09, the program aims to ‘improve the global competitiveness and sustainability for the 21st Century’ of Australian suppliers by providing them with tools to develop business strategies and improve processes.
A key part of the C21 Challenge is a Strategic Diagnostic Review conducted by Deloitte, which benchmarks vehicle component suppliers ‘against best practice and lean processes in order to ensure the sustainability of their business’.
The Strategic Diagnostic Review of the Drivetrain Power and Propulsion facility in Hallam, Melbourne was carried out by the lead Deloitte assessor in September 2010.
Involving several visits to the facility, the review included a comprehensive assessment of policies, procedures and practices against a list of some 100+ questions covering nine key areas:
- Management & Leadership
- Financial Systems & Cost Structures
- Global Sourcing Integration & Marketing Strategies
- Customer Focus
- New Product Introduction Capability
- Quality and Manufacturing
- Technology Investment
- Human Resources
Deloitte scored Drivetrain’s current level of performance extremely high against global best practice developed from similar assessments conducted at several global automotive suppliers.
Drivetrain’s current level of performance matched global best practice in 8 out of 9 areas, and particularly high scores were achieved in the areas of Management & Leadership, New Product Introduction Capability and Safety.
Of the 49 Australian supplier participants in the C21 Challenge, Drivetrain came in second.
Drivetrain’s high score against global best practice and local automotive supplier performance supports the Company’s drive to implement robust processes that position it for future growth, enabling it to fulfil one of its core values, ‘Excellence in Execution’.
The application of global best practice through robust policy and procedures provides a solid foundation for Drivetrain to realise its growth targets, which are based on the desire to provide its customers with the highest level of technical and supply chain support.
Drivetrain suppliers and key partners can also be confident they are partnering with one of the best Australian suppliers primed, ready and capable for future growth.