Tata Motor and Tata Technologies Come up with ENGAGENEXT iSourcing
Published On Sep 03, 2015 08:28 PM By Abhijeet
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A redefined engagement model, ENGAGENEXT iSourcing, was announced by Tata Motors as it signed a five-year agreement with Tata Technologies today. This move was made to offer significant career benefits to employees of both the organizations and develop a competitive advantage by pooling in mutual strengths and capabilities for their strategic priorities.
This new agreement will make a shift to a delivery based model for Tata Technologies engineers and other employees from the previous staff augmentation model. To optimize mutual capabilities and realize cost efficiencies, the company will build on two decades of seamless working environment. This will facilitate accelerated development cycles for the company's R&D division and streamline workflow.
Dr. Tim Leverton, President and Head – Advanced and Product Engineering, Tata Motors said, “ENGAGENEXT iSourcing will play a critical role in Tata Motors’ R&D transformation journey to deliver innovative world-class products to market. Through this model, Tata Technologies will be responsible for delivery against clearly-defined performance metrics in terms of quality, cost and timeliness. Tata Technologies has been instrumental in helping the Engineering Research Centre (ERC) become a world-class R&D function for Tata Motors, and ENGAGENEXT iSourcing takes this association to the next level.” Warren Harris, Chief Executive Officer and Managing Director, Tata Technologies said, “ENGAGENEXT iSourcing not only streamlines operations within the Engineering Research Center, it creates even greater opportunities for Tata Technologies and Tata Motors to do what we do best – innovating and creating great new products. This strategic evolution of our longtime partnership leverages, the full depth and breadth of capabilities Tata Technologies has developed through working with many of the world’s best automotive manufacturers, which will increase the agility and competitiveness of both companies.”
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