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Press Release
 
 

  TVS Electronics launches TVS PROTON - The world`s quickest bill printer
   
  Product Highlights
 
  • Fastest bill printer redefining printing speed.
  • Recognises the unique opportunities in the Indian retail industry.
  • Co-created by customers.
  • Contemporary integrated design.
  TVS-E is no stranger to the rigorous QS-9000 Quality system. In the month of July 2001, The Chennai plant of TVS-E received this certification. Following this success the Tumkur plant adopted this system in the first half of 2002 and TUV Rheinland held the final audit during May 2002. The certification has been issued now and is valid till September 2005.

The Tumkur Plant of TVSE manufactures a range of products including UPS, Inverters, Rectifiers, Keyboards and PCB Assemblies. The plant comprises an EHTP Zone for exports and a separate DTA location for supplies to the domestic market. The PCB Assembly facility is equipped with automated lines for insertion and SMT boards.

Both the manufacturing plants of TVS-E form the TVS eServices division which is a BPO Service Provider offering a range of services from design to manufacturing. TVS eServices comprises separate business units for electronic manufacturing services, power design solutions and sourcing services including an online auction portal. Its customers include multinationals like GE, Tyco, Victron Energie and Indian brand owners like Zipfone, Simputer and Sundaram Clayton.

Commenting on this proud moment A Karunakaran, President, TVS eServices said, "We continue to be one of the few non-automotive companies in India to receive this certification. Since TVS-E is committed to quality it has chosen to adopt this rigorous standard, even though it is not currently demanded by the Electronics industry".

The requirements for QS-9000 certification are aimed at ensuring customer focus, maintaining consistency in systems and processes and take into account the continuous improvements that are taking place in the company.

The evolution of QS-9000

The ISO when introduced, represented the first ever global common standard for Quality Management Systems, to monitor adherence to a scheduled process, but in time was found to do little for improvement in product quality and customer focus.

The Big 3 Auto majors - GM, Ford and Chrysler increasingly found the ISO system inadequate. Each worked with numerous suppliers and shared several as well. Suppliers were finding it difficult to cope with individual systems with unique specifications. The Big 3 joined hands to develop one system, which would benefit the supplier and build a common process that would cater to each of their requirements.

They took the ISO 9000 chassis and built it up. They used all the 20 clauses in the ISO 9000, but added specific techniques and requirements, as against the general guidelines suggested by ISO documentation.

Based on the ISO 9000 clauses, they made the major Section 1 far more stringent, and built a Section 2, which dealt with customer specific requirements.

Business Results: QS-9000 places a high degree of importance on business results, which are expected to show positive trends. This constitutes one of many checks built into the QS, to maintain focus on continuous improvement.

The QS has a Product Highlights

Fastest bill printer redefining printing speed.
Recognises the unique opportunities in the Indian retail industry.
Co-created by customers.
Contemporary integrated design.
TVS Electronics, the largest computer peripheral manufacturer in India, today announced the launch of its breakthrough transaction business printer 'TVS PROTON'.

TVS Proton redefines Printer Speed by replacing the traditional CPS (characters per second) metric with BPM (Bills Per Minute) and promises to set new technology standards. The world's quickest bill printer, generates 10 Bills Per Minute, making it 20% faster than any other transaction printer in the world.

The unique New Millennium Styling, Roll Paper feeder, re-inking of ribbons through Ink Bank Technology makes it the most innovative Transaction Printer in the world.

Market Opportunity -Targeted at the retail customer, the launch of TVS PROTON is a milestone for TVSE and for the industry. Dusty environment, poor paper quality, unique paper feeding requirements, widespread use of inconsistent quality ribbons, high cost of operations - the typical bane of the Indian retailer, pose unique challenges for transaction printing in India TVS Proton has translated this in to a unique opportunity which opens up a new market of 1 million retail customers in India.

Customer as Co-Designers - Extensive research was undertaken to gain an in-depth understanding of the retail environment and customer needs for transaction printing. Over 2 lakh man-hours across 15 months, and a financial outlay of Rs. 4 crores, went into the market research. The young R&D team (average age 23) involved 600 retailers across 12 cities in verticals such as grocery, pharmacy, restaurants, footwear, apparel and gifts & jewellery stores for this research. Around 24 retailers participated actively in the design process as co-designers.

The product concept was then tested through 'customer boardrooms' - workshops where customers decide product features and benefits. The product prototype was also tested with select prospective customers to evaluate performance in real market situations.

"With the launch of TVS PROTON, we have reiterated our commitment to Deep understanding of customer needs, and developing breakthrough products that address the business needs of micro businesses," said Mr. Gopal Srinivasan, Director, TVS Electronics.

Priced competitively, the printer will be available at over 2000 distribution network offices across 300 cities and towns.

Unique features of TVS PROTON

One of the most striking features of the printer is its compact and refreshingly different aesthetic appeal from conventional dot matrix printers.

1. The World's Quickest Bill Printer- TVS Proton operates at a speed of 10 Bills per minute at printing speed of 360 CPS and paper feeding rate of 5 IPS.

2. Roll paper feed options- TVS PROTON will be the first dot matrix printer to offer both the front Roll paper feeding option and Front &straight paper path. This makes it extremely easy to operate and eliminates issues like paper jams.

3.Patented Ink bank technology "Ink Savings Bank"- The printer prints up to 10 million characters per Ink Bank. Cost of Printing is reduced a whooping 50%.

4.New Millennium Styling- With its unique aesthetics design it saves 40% table space than most transaction printers today & is also extremely user friendly in retail environment.

5.'Selicon' self lubrication mechanism- The self-lubrication allows for smooth movement of the carriage continuously, making the printer trouble free and low maintenance.

"With the launch of Proton today and the recently launched Sprint a Retail Automation system TVS Electronics is fast emerging as a "e Transaction Hub" in India for all micro businesses segments, we intend a series of new products in this space which combine Deep understanding of the Indian Consumer and our Innovative Design Capabilities" says Director Mr.Gopal Srinivasan.

The company's revenue for the year ended December 31, 2001 stood at Rs. 216 crores. The company's revenue for the first half of 2002 (Jan-June 2002 unaudited) was Rs. 100.27crores.
'business planning' section, that provides guidelines on business planning measures and targets to check the success of the plan. The company level data is derived from the criteria laid down in the business planning stage.

Customer Satisfaction: QS guidelines clearly state that customer satisfaction must be measured objectively and towards a goal of continuous improvement. After the Big 3 auto majors came together to develop the QS 9000 standard in 1995 - 96, it quickly grew to become the accepted auto industry standard. Today, the QS-9000 is becoming mandatory to supply to virtually any major auto manufacturer, anywhere in the world.
   
  About TVS Electronics:
   
  TVS Electronics Limited, a part of the 90-year-old TVS Group is one the largest manufacturer of Computer Peripherals in the country. The range of offerings includes Products - Dot Matrix printers, Keyboards, Printing Supplies, Transaction Solutions, and Point of Sale Products (PoS).

TVS-E has a large distribution and service network, which reaches over 450 towns across the country with two National Distributors, more than 200 Regional Distributors and over 3,000 Authorized Dealer Partners. The Company has manufacturing facilities in Tumkur, Chennai and Himachal Pradesh
   
 
   
   
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