New Energy Engineering| New Normal Business | Strategic Sourcing |Electromobility | Octon | India | Asia | Reinvention | Prabha Shankar – New Energy Engineering| New Normal Business | Strategic Sourcing |Electromobility | Octon | India | Asia | Reinvention

The automotive industry now finds itself in a state of disruption. A state that's having a profound effect on working methods, supply chains, and the eco-systems it has always dominated. Now the automotive industry is about to embark on an exciting new era, with the global electric mobility industry expected to grow 30% by 2021.

Helping you navigate the future of electric mobility

Keep one step ahead of this rapidly evolving supply chain – whatever your focus in the EV space, from powertrains, battery systems, charging infrastructure technology or their related materials and components, OCTON can put you in the e-mobility fast lane!

The demands of electric vehicle production are creating fundamental shifts in traditional ways of working, impacting everything from realizing the factories of the future to opening industries up to the brave new world of start-ups. Business Model Innovation is the imperative of the day. OCTON can work with you to transform your existing business, product line and value proposition.

OCTON infuses an exponential difference to your automotive business in India, Asia or anywhere in the world. We're passionate about change.

Strategic Sourcing

As businesses today continue to harness the power of globalization to expand performance, the role of effectively sourcing goods and services from suppliers has become inevitable. Additionally, procurement is transforming into a more strategic function that is aligned to organizational goals and objectives.
Furthermore, issues like economic and political volatility, technological disruption, etc. have rendered market a fierce competition. Hence, it is important for organizations to adopt effective strategic sourcing skills and processes to maximize their business performance and efficiency to gain a competitive advantage over their peers.

Business Reinvention

Research Services on New and Clean Energy Technology

Automotive Workshop Facility - available for Lease - Chennai, India

CoVid19 Response Plan for Engineering Project Management

Engineering Project Managers are Familiar with Dealing with Risk. But this one is outside the experience of many of us. Societally, economically, and in human terms, the impact is likely to be huge. The likelihood of some significant disruption is now approaching certainty. And the proximity is on the scale of weeks. As Engineering Managers, we need to be Planning for this on our Projects.

In the year 1697, the Dutch ship Geelvink commanded by Willem de Vlamingh landed on the western coast of Australia. While sailing up the Swan River, de Vlamingh and his sailors saw something extraordinary: black swans, native to Western Australia. Until then, it was assumed that all swans were white. There was no real basis for this belief except that no one, before de Vlamingh’s voyage, had ever seen a black swan. This story is the source of the Black Swan Theory. It describes an event so extraordinary and unexpected that it upends all established knowledge. The invention of the internet was a black swan event, as was the 2008 market crash. While we’re still early days into the crisis, it wouldn’t be wrong to say that COVID-19 is a black swan event. You couldn’t have predicted it, nor could you have anticipated its impact.

Conventional rules go out the window during such a crisis. There is no standard risk management playbook for dealing with a worldwide epidemic; you have to improvise and adapt on the fly.

Even in the most turbulent of times, projects meant to deliver meaningful results for the business, its employees, and its customers must stay on track. Turbulence can come in many forms. The coronavirus pandemic has completely and rapidly changed how we operate.

Seemingly overnight, business models changed significantly. You may be experiencing shifts in business priorities, supply chain disruption, product demand spikes and shortages, changes in how your products are delivered to the customer, changing hours (if not completely shutting the doors), and employees being asked (if not ordered) to work from home for the foreseeable future.

The impact from COVID-19 has been swift and, in many cases, dramatic. Even so, projects that deliver meaningful results must stay on track.