rngmsl
12 years ago
Yuchai's getting serious about cutting expenses.
Yuchai builds most competitive engine enterprise through lean manufacturing
Yuchai Group 2013-04-15 14:31
Recently, at the second monthly presentation of Yuchai Group on lean manufacturing, the pilot entities such as CSR Yuchai Sichuan Engine Co., Ltd. (CSR Yuchai) and Yuchai Power Machinery Co., Ltd. (YPM) made presentations on the progress and effects of respective projects. The presentations showed remarkable achievements in Yuchai's lean manufacturing projects.
Despite the continuous slump of the engine market in 2012, Yuchai achieved intensive growth, with its share in the engine market rising by 3 percent. A major reason that Yuchai grew more healthily than similar enterprises in 2012 is that its lean manufacturing projects functioned, said Wu Qiwei, general manager of Yuchai Machinery Co., Ltd.
In October 2011, the lean manufacturing project of Yuchai Machinery was launched, with the aim of building Yuchai into ??the world??s most competitive professional engine supplier??, namely a professional engine enterprise with tremendous comprehensive strength in such aspects as product, market, marketing, service and cost.
In October 2012, Yuchai Group has also launched lean manufacturing projects, selecting three subsidiaries--CSR Yuchai, YPM and Yuchai Huayuan as the pilot entities for lean manufacturing in the hope of gradually extending lean manufacturing to other business fields, subsidiaries and links of the industry chain on the basis of the successful pilot practice of the entities, thus creating a group lean manufacturing platform and building a lean operation system characteristic of Yuchai.
Lean manufacturing yields benefit
In April 2012, Yuchai Machinery held Phase 1 summary conference & Phase 2 launch conference on lean projects. At the conference, eight Phase 1 projects were rewarded: the heavy engine assembling efficiency improvement project of Engine Plant 1 won the special prize, the smelting/core making/modeling project of the Foundry won the first prize, the logistics efficiency improvement project of Engine Plant 2 and the 6M body efficiency improvement project of the Vehicle Engine Assembly Department of the Machining Plant won the second prize, and four others including the TPM equipment project of the Production Department won the third prize, with a bonus of ranging from 50,000 yuan to 100,000 yuan.
By late 2012, all the 16 projects had been completed, met fixed targets and achieved remarkable achievements: Yuchai Machinery's lean management system had taken shape, with the quality of the sample line up by over 28 percent, efficiency up by over 27 percent, cost down by over 30 percent and average equipment failure rate down by 29 percent.
On February 2013, the second monthly presentation of Yuchai Group on lean manufacturing was held at YPM. Three pilot entities--CSR Yuchai, YPM and Yuchai Huayuan reported on respective projects.
Tan Jiang, head of YPM's assembly efficiency increase project, said, "Since launching the assembly efficiency increase project on November 27, 2012, YPM has set a target of increasing man-hour output and production capacity by 20 percent. Through rectification, adding equipment, improving tools, optimizing layout, straightening out logistics, dismantlement and rearrangement, and line balance re-measurement, by January 31, the project's man-hour output and production capacity had increased by 14.92 percent and 16.9 percent respectively. We must fulfill the target before the project acceptance on March 30."
Among CSR Yuchai's lean manufacturing projects, through earlier efforts, the time consumed in the bottleneck process of the project of standard operation of medium-speed engines has reduced from 326 minutes to 276 minutes, and the assembly efficiency of cylinder cover is expected to increase by 18.2 percent; by adjusting processing technology, the speed regulator efficiency increase project has increased the efficiency of cylindrical fine turning by 310 percent.
Meng Jianmei, a member of Yuchai Huayuan's efficiency increase project team, said she and her teammates compressed the site work-in-process inventory by optimizing the process layout during the lean project. In January 2013, Yuchai Huayuan's work-in-process inventory dropped by 13.92 percent.
Typical cases shows prominent effects
During practicing lean manufacturing, Yuchai has not only gained strength for its future development, but also yielded benefit to provide guarantee for its continuous and healthy operations, which are concretely reflected in many typical cases.
Case 1: Efficient team collaboration
To better the situation of lack of collaboration among teams of all entities, on the basis of remarkable results of the 11 pilot teams, Yuchai Machinery increased the number of lean project teams to 104 with 1,700 members, thus gradually establishing a project management mechanism conducive to coordinating all teams efficiently.
The project group worked out a project map for lean teams, and fixed a series of measures and action criterion for fulfilling targets, to make team management of all entities maintain respective characteristics and meet the basic requirements of coordination. Through efficient collaboration, the project group fulfilled all targets as scheduled.
Over 3,000 problems were spotted in the reflection meeting and 2,180 were improved. In minor team activities, the failure rate of team equipment of Engine Plant 1 decreased from 4.02 percent to 0.29 percent, the improvement rate of operation time of Engine Plant 2 was up 12 percent. Bumper fruits have been yielded in ensuring safety, improving quality, reducing cost and increasing benefit.
Case 2: Accomplish one piece flow (OPF)
The Foundry's logistics improvement project for core making made improvement in logistics, field operation and visual Kanban management, thus increasing core quality and production efficiency, reducing cost and improving the entire production flow.
The project group mobilized all workers to search process waste, analyzed situation improvement and rewarded workers' valuable proposals. The group found field losses through quantization: due to large core inventory, workers wasted time in non-value-added operations such as search and handling; the circulation cycle of cores was up to 48 hours.
The project group determined three influencing factors: OPF was yet to be formed and reserves are needed between working procedures; workers differed in production efficiency; and core inventory was large.
Aiming at the three factors, the project group began to practice OPF involving core shooting, core finishing, drilling, core assembly, dip coating and baking; to practice the coordinated process of online core assembly to avoid redundant labor, simplify and standardize operations; to practice the visual management of core inventory to rationally arrange production. During improvement, the project group applied a lot of improvement tools, such as Spaghetti Chart, operation (element) analysis, fixed-point photography, value stream mapping, process flow diagram and standard operation procedure (SOP).
In late 2012, the core making section of the cylinder cover shop of the Foundry fulfilled the targets by reducing core inventory from 484 vehicles to 280 vehicles and core circulation cycle from 48 hours to 32 hours, with a fulfill rate of 136 percent and 166 percent respectively. In a production cycle, an inventory backlog worth 870,000 yuan was reduced, and a cost of 230,000 yuan was directly reduced for scrap reduction.
Case 3: Exhaust pipe "heats up water" to reduce cost by 270,000 yuan annually
YPM installed a two-way water tank on the exhaust pipe of the best bench for two-cylinder engines to "heat up water" for testing, thus making water inlet temperature meet testing requirements, shortening running-in time before diesel engine testing, increasing the testing efficiency of two-cylinder engines by 10 percent and reducing average fuel consumption by 0.8kg/unit.
To increase testing efficiency, YPM diagnosed the full process of testing and traced the reason for long running-in time before diesel engine testing. The process requires that water inlet temperature should range from 65 degrees to 85 degrees and the regulator should be used to maintain the temperature range.
The technical improvement substantially reduced the running-in time of diesel engines extended to make water temperature meet technical requirements, the time decreased from 3,600 seconds to 1,200 seconds for the first unit, and decreased by 600 seconds from the second unit. If 11 testing benches turn out 130 two-cylinder engines daily, 27 testing hours will be saved and 104 kilograms of diesel consumption will be reduced daily, and a cost of 270,000 yuan will be reduced annually.
Continuous improvement sharpens corporate competitiveness
With the smooth advancement of Phase 1 and Phase 2 lean manufacturing projects, the continuous progress made by Yuchai Machinery has been yielding substantial benefit for the enterprise and unconsciously affecting and changing the staff's thinking and codes of conduct.
Lean manufacturing has injected infinite power of "continuous improvement" in Yuchai and found a road of "intensive growth" by rebuilding competitiveness when external markets are weak for Yuchai.
At the second monthly presentation of Yuchai Group on lean manufacturing, Zhou Sunhai, vice president of Yuchai Group, said, as Yuchai's systematic project in the "twelfth five-year" period, lean manufacturing should focus on building Yuchai's lean industry platform and its advantage in industrial skills. The team members should overcome the fear of difficulties, make innovation, accelerate lean talent training and endeavor to bring Yuchai's lean manufacturing projects to a new level.
In 2013, Yuchai will proceed with lean manufacturing, optimize, reinforce and popularize lean achievements, and spare no efforts to build a lean system. The "collaborative improvement of suppliers" to be accentuated by Yuchai Machinery in 2013, from the perspective of whole value chain, examined and eliminated non-value-added operations to improve the "QCD" level of Yuchai and its suppliers simultaneously.
rngmsl
12 years ago
Yan Ping pushing the Premier for stimulus money
Yan Ping invited to participate in the new government for the first time the economic situation, experts and business executives forum
Yuchai Group 2013-04-15 21:36
The conference room at the State Department on April 12, Chinese Premier Li Keqiang hosted a forum of experts and responsible persons of the new government for the first time the economic situation, to listen to the views and recommendations of experts and entrepreneurs in the current economic situation. Guangxi Yuchai Machinery Group Co., Ltd. Chairman of the Board of Directors of Yan Ping as a representative of the responsible persons of the machinery industry, was invited to participate in the forum and made a statement on the status of machinery manufacturing, development and transformation and upgrading.
Meeting, Yan Ping gave a brief description of the machinery industry market forecast market trends for 2013. Forum to promote the development of the industry, Yan Ping put forward the following recommendations: First, to further rationalize the coordination mechanism to promote motor vehicle perform higher emissions regulations. Subsidize the purchase of medium and heavy trucks, including: to give compliance country 4 emission standards, to promote the oil a comprehensive compliance and encourage the development of national self-diesel engine, before the execution of the State 4 emissions regulations to accelerate the core technology of the domestic processing device electronically controlled diesel injection systems and diesel engines improved. Further simplify vehicle announcement management The third is to promote the implementation of the Implementing Rules of the General Office of the State Council's views on the strengthening of the internal combustion engine industrial energy conservation "as soon as possible. The fourth is to maintain the natural gas and gasoline and diesel price spread is less than 0.65:1, and promote the development of clean energy engine. The fifth is to strengthen capacity building, to prevent industry overcapacity, and timely with the remanufacturing industry circular economy to achieve sustainable development.
Yan Ping speech, Prime Minister Li Keqiang has expressed a strong interest, chipped, questioning, exchange from the development of the machinery manufacturing industry comes to energy saving and environmental protection, and China's economic transformation and upgrading. Li Keqiang said: grasp the macro policies still need to gain a firm foothold, focusing on the transformation and upgrading. Everyone thinks the heel to tie stability, but also put more effort on the transformation and upgrading, to build the upgraded version of the Chinese economy. Term needs, and long-term to promote the transition to achieve the upgrade. "
Symposium total of ten experts, scholars and entrepreneurs representatives to speak, speak on behalf of the entrepreneur, in addition to Yan Ping, general manager of China Power Investment Lu Qizhou, Midea Group Chairman Fang Hongbo, Youngor Group Chairman Li Rucheng.
Listen to the experts and entrepreneurs to speak, Li Keqiang said that, since the beginning of this year, China's economic performance generally smooth start, which is conducive to stability in all aspects expected. At the same time it should be noted, unstable and uncertain factors in the international and domestic environment is still more deep-seated contradictions continue to appear, the situation is quite complex. Grasp macroeconomic trends to enhance the predictability, good looking regularity in the ever changing, tendentious something critical to the sustained and healthy development of the economy. With predictability, business and society will be able to more reasonable allocation of resources, and timely decision-making; government also be able to know what's what, before making any decisions, both plan ahead, be prepared and do not panic, timely and calmly deal.
Li Keqiang stressed, must rely on deepening reform to enhance the development potential. For the Chinese economy unbalanced, uncoordinated and unsustainable deep-seated contradictions, to prescribe the right medicine, each agent out "prescriptions", both capable of symptoms, but more able to tackle. Fundamentally have to rely on reform, regather through reform, and enhance the vitality of the economic development. Even if the need to introduce some temporary measures have to be careful not to push forward market-oriented reform and development set up obstacles in the future. To focus on the formation of a long-term effective institutional arrangement works to enhance the development potential and continue to release bonus reform, to promote long-term economic sustained and healthy development.
The meeting was attended by Chinese Vice Premier Zhang Gaoli, Liu Yandong, Wang Yang, Ma Kai, State Councilor Yang Jing, Wang Yong, the heads of ministries and people.
rngmsl
12 years ago
Shaw's positions as of yesterday.
I only come up with about 90 million bucks worth with the UTSI position.
CYD China Yuchai International ... 1 - $13.65 $36,164,000 2,293,248 37.29% 6,693,000 -18,269 6.153 Diversified Machinery
UTSI Utstarcom Inc 2 - $0.75 $22,477,000 21,796,760 23.18% 1,491,000 1,421,688 14.404 Wireless Communications
CQB Chiquita Brands Internation... 3 - $7.37 $13,638,000 1,653,115 14.06% 1,020,000 1,481 3.638 Farm Products
XNY China Xiniya Fashion Limite... 4 - $1.33 $4,565,000 3,936,194 4.71% 616,000 377,880 6.823 Textile - Apparel Clo...
AEG AEGON N.V. (ADR) 5 - $5.99 $2,701,000 419,458 2.79% -5,569,000 -1,167,949 0.026 Life & Health Insurance
MCP.PA Molycorp Inc Pfd Conv Ser A 6 New $20.60 $2,692,000 285,250 2.78% 2,692,000 285,250 3.169 N/A
YGE Yingli Green Energy Holding Co 7 - $1.85 $2,398,000 1,020,562 2.47% 1,384,000 423,984 0.649 Semiconductor - Integ...
CSIQ Canadian Solar Inc 8 - $3.80 $2,372,000 697,726 2.45% 1,033,000 217,526 1.687 Semiconductor - Speci...
COCO Corinthian Colleges Inc 9 - $1.88 $2,107,000 860,000 2.17% 44,000 -3,500 1.016 Education & Training ...
ESI ITT Educational Services Inc 10 New $12.27 $1,942,000 112,200 2% 1,942,000 112,200 0.406 Education & Training ...
SPWR SunPower Corp A 11 - $9.73 $562,000 123,512 0.58% 0 -1,313 0.127 Scientific & Technica...
QXM Qiao Xing Mobile Communication 12 - $0.12 $524,000 4,368,011 0.54% -214,000 -1,783,786 8.239 Wireless Communications
XINGF Qiao Xing Universal Resourc... 13 - $0.09 $102,000 1,141,994 0.11% -117,000 -1,293,664 1.192 Integrated Telecommun...
GCI Gannett Inc 15 Closed $20.92 $0 0 0% -4,345,000 -244,800 0 Publishing
NOK Nokia Corporation (ADR) 16 Closed $3.29 $0 0 0% -845,000 -328,215 0 Communication Equipment
AB AllianceBernstein 14 Closed $21.47 $0 0 0% -2,167,000 -140,645 0 Asset Management
YTEC Yucheng Technologies Limited 18 Closed $3.86 $0 0 0% -9,135,000 -2,436,136 0 Business Software & S...
jaarc-rm
12 years ago
Heavy Truck Engines & Weichai - An Historical Review
I saw an article dated March 27 that gave several historical numbers for the Heavy-Duty Truck segment and Weichai's sales therein.
Using some Algebra I can calculate reasonably approximate numbers for the last few years.
According to the article "In 2010,...the heavy truck market in China to complete the single greatest breakthrough year sales reached 1,017,400, a year-on-year growth rate of 59.93%."
From that I can calculate that heavy truck sales in 2009 were approximately 636,153 (1,017,400 divided by 1.5993).
Also, according to the article "At the same time,...Weichai...2010 heavy-duty truck engine sales reached 414,000 units, a year-on-year growth of 83%, the market share of 40.7%, a year-on-year increase of 5.1 percentage points"
From that I can calculate that Weichai sold approximately 226,230 (414,000 divided by 1.83) heavy-duty truck engines in 2009.
Also, it appears that Weichai's approximate market share in 2009 was 35.6% (40.7% - 5.1%).
By way of a check on that, 35.6% times 636,153 (see above) equals 226,471...which is pretty darn close to the 226,230 figure I calculated above.
Continuing from the article " 2012...Weichai Power heavy truck engines sold 207,500 units, down 34.8%, 32.6% of the market share, maintained the dominant position of the industry, but more than last year dropped by 3.56 percentage points".
From that I can calculate that Weichai sold approximately 318,252 (207,500 divided by 1 - .348) heavy-duty truck engines in 2011.
Also, that Weichai's market share was approximately 36.16% (32.6% plus the 3.56% drop) in 2011. Dividing 318,252 by 36.16% allows me to approximate the entire heavy duty truck segment in 2011...880,120.
SUMMARY:
Estimated Heavy truck sales by year:
2009 - 636,153
2010 - 1,017,400
2011 - 880,120
2012 - 636,001*
*From another source which says that 2012 was down 27.78% from 2011...which would algebraically indicate heavy truck sales of 880,664. Once again, pretty darn close.
Estimated Weichai Heavy Truck segment engine sales by year:
2009 - 226,471
2010 - 414,000
2011 - 318,252
2012 - 207,500
Estimated Weichai Heavy Truck segment percentage by year:
2009 - 35.60%
2010 - 40.70%
2011 - 36.16%
2012 - 32.60%
Also, it has been reported in the Chinese press that Weichai had heavy truck engine sales of:
January 2013 - 29.99%
February 2013 - 29%*
* appears to be a rounded figure which would indicate somewhere between 28.51% - 29.49%. I'm guessing it's closer to the upper end.
Weichai has been the "800lb. Gorilla" in the heavy truck segment for years. But, their market segment percentage has dropped several points below where they were in 2009.
Do I detect a trend?
jaarc-rm
12 years ago
Yuchai 2013 the boat electric engine sales goals
http://img00.hc360.com/cm/201304/201304031430117486.jpg
Yuchai 2013 the boat electric engine sales goals against 30,000 units
March 31, Yuchai Machinery Co., Ltd. 2013 ship electricity marketing work conference held in Guangzhou, lay a solid foundation for regulating the market to grow steadily meeting "lean operations" as its theme, the sales target of the proposed 2013 Yuchai ship call 30,000 .
AG General Manager Wu Qiwei, deputy general manager Wang Limin, general manager of the ship electric Division Tangzuo Xing, Yuchai oil company, CSR Yuchai leadership on behalf of the company as well as all levels of dealers, OEM customers and representatives attended the meeting.
During the meeting, Tang Zuoxing domestic macroeconomic environment in 2013 is not yet clear, is expected to stand-alone market demand remained unchanged or rise slightly in the last year, the ship machine market growth of about 5%. Yuchai will lean operations, laying a solid foundation, regulate the market, steady growth for the general idea, to ensure that the ship electricity sales exceeded 30,000 units.
Wu Qiwei fully affirmed the achievements of the ship power sector last year, and thank you for your hard work. Wu Qiwei 2013 Yuchai will be in-depth research, continue to improve the the ship electric plate-type spectrum, the perfect market segments, do the management, lean operations to protect each of the operating systems capable of supporting the continued development of ship electric plate.
jaarc-rm
12 years ago
According to a report from the Chinese passenger statistics information network data, China's "new energy" (I'm pretty sure that refers to pure electric and hybrid) passenger car (Buses) sales increased from 2,044 during 2011, up to 6,614 in 2012.
Yutong new energy bus sales reached 1,840 in 2012, the market share of 27.8%, ranking first in the industry.
(Now consider that Yutong just sold 298 of them to one customer (?). That represents 16.2% of all of last year's "new energy" bus sales for Yutong...and 4.5% for the entire country.)
From another article...
"Yutong began to receive non-pilot city of Baoding, Wenzhou, Dongguan, more than 20 orders totaling more than 1,000 units. Currently, Baoding purchasing 298 hybrid buses (see previous post) in the first batch of 50 has been completed delivered and put into operation."
"Needless to mince words, in the field of new energy bus, whether technical leadership or market share, or to obtain the amount of subsidies, Yutong are (is) far ahead of other competing products enterprises."
From another article...
Nanjing Bus Exhibition...Clean energy and new energy buses into mainstream
This show, clean energy and new energy buses represented 27 out of the 58 total show cars (brought by 20 companies).
Of which, 11 were hybrid buses (5 electric hybrid, and 6 gas-electric hybrid), 10 were natural gas buses, and 6 were pure electric buses.
"New energy vehicles subsidy policy is about to come out, the price decline for new energy vehicles, sales of new energy vehicles will play a positive role."
The article also mentions that there were 10 school buses being exhibited as well.
jaarc-rm
12 years ago
Yuchai boutique passenger car debut in 2013 in Nanjing Bus Exhibition
Source: Bus Union Author: Huang Lili 2013-04-02
The buses are the best products of the Chinese auto industry growth in 2012, the passenger car market in 2013 to maintain a good momentum of development, from March 28 to 30, the thirteenth of China (Nanjing) International passenger cars and spare parts-cum-city transport facilities The exhibition is held in Nanjing, which is our bus, the annual passenger market products, technology exchange platform.
As the leader of the Chinese passenger car market, Yuchai The carrying fine coach dynamic costumes exhibition debut.
To highlight Yuchai dominant position in the passenger car market, Yuchai focus on display in this exhibition:
YC6MK400-40 large passenger power (Diesel)
YC6G260N-50
YC6L260N-50
YC4D140N-50
YC6J190N-50 four gas engines and
YC6J200 hybrid system,
manufacturers user to the exhibition to highlight
YC4FA130-40 the Yuchai school bus dedicated power and
YC4S150-40-engine, this exhibit is designed for high-end commercial vehicle carefully crafted to attract the the number of participants and the number of media attention.
http://www.cnbuses.com/upimages/userfiles/images/news/20134/20134214321.jpg
Yuchai Pavilion
http://www.cnbuses.com/upimages/userfiles/images/news/20134/201342143245.jpg
Sales Deputy General Manager Zhou Chuanwu as party secretary of Tianjin bus the Bing Hua introduction Yuchai NG passenger power technology
http://www.cnbuses.com/upimages/userfiles/images/news/20134/201342143334.jpg
The hybrid system Yuchai YCHPTII Best New Energy Bus Components Award 2013 "Longpan" Cup Eighth China International Bus Contest
Yuchai's market share in the passenger car industry for 12 consecutive years ranked first in market share of over 60%, a high degree of recognition of the market and customers Yuchai passenger car brand Yuchai Bus Power professionalism, adaptability has a good reputation in the industry which.
The afternoon of March 28, Yuchai With carefully crafted YC6MK large passenger dedicated power Yuchai YCHPTII hybrid system in 2013 Longpan "cup 8th China International Bus Contest awards ceremony, respectively won the contest" passenger zero parts Gold Award "and" Best New Energy Bus Components Award "two awards, became the biggest winner of the awards ceremony engine enterprise.
The Yuchai sales company deputy general manager Zhouchuan Wu said, answering a reporter's interview at the show site, Yuchai Bus Power has been able to continue to pilot passenger car market, based on four main reasons:
1.) Yuchai passenger car brand strategy,
2.) Yuchai leading passenger car technology
3.) Yuchai complete power product spectrum
4.) Yuchai powerful service assurance support.
When asked of Yuchai in the NG market performance the Yuchai passenger gas engine sales of more than 1.8 million (18,000) units in 2012, the market share of 45%, ranking the first in the industry.
In the first quarter of 2013, Yuchai passenger gas engine Zhouchuan Wu said: has sold more than 5,000 units.
Domestic NG passenger car market in recent years has grown rapidly, especially along the coast of the LNG passenger growth is very obvious, mainly by oil and gas spreads, the impact of pressure on the environment are two major factors, the NG passenger cars is expected within the next few years will maintain rapid growth.
The Zhou Zhuanwu Yuchai will continue to do our best for NG passenger car market to provide excellent quality professional natural gas engines, and the dedication of fast service efforts NG passenger car market in China continues to be the leader.
Level up your trading with our powerful tools and real-time insights all in one place.
Ask ADVFN Intelligence (AI)
stocktrademan
7 years ago
Hot Features
Premium
