Artificial replacement of machinery
Manpower can be used, they have the machine in hand
In 2008, Buffett’s participation in the beginning of this transaction, the principal assistant MidAmerican Energy CEO David Sokol (David L. Sokol) went to visit Shenzhen BYD Battery Workshop. He was surprised to find that sitting in rows of workers operating the arena, as the 18th century [review image] of textile workers, inspiron 630m battery ,as relying solely on a single machine increases with both hands on the package tens of thousands of batteries. He Lian Hu: “It’s magic!”
The company started, Wang Chuanfu on the identification, use low-cost, beyond the Japanese companies have integrated battery to the high-threshold approach is the opposite of the production line auto dismantling, processing as much as possible instead of using hand-held devices, auxiliary to press to fix the parts, more precisely, the assurance of quality. He is the proud BYD “system installation + manual” mode.
BYD Chery recruited with local officials and other local competitors are different from management of two talents, one of the outstanding engineering students, and sometimes the whole class of collective contract, which, like the approach of Huawei. The other is strong, experienced workers to retirement or engineers. The technical staff qualified to provide valuable experience and technology to help shorten the growth period BYD.
BYD official statistics, from the end of 2009, employees BYD total of 14 million, the number of engineers, more than 30,000.
Little known, most batteries manufacturer of lithium batteries is box-shaped, while the products of BYD, many cylindrical. The reason is that the box-shaped cells need specialized services automatic rolling machine stacked covered with foil of cathode material, sony vgp-bps2 ,while the cylindrical battery can be rolled directly by many economies the costs of procurement equipment.
In 2003 to accept CCTV “Dialogue” column interview, Wang Chuanfu had summarized their experience in the IT labor costs associated with a market advantage is key to the success of Chinese companies.
Currently, the domestic production line of a high degree of automation, Shenzhen BAK Battery Co., Ltd., a mobile phone production line of batteries usually need only 50 people, and BYD are generally no less 100 people.
BYD a former employee told the man instead of machine used to make cell phone batteries BYD a high attrition rate, generally 20% -30%. Nokia customers to provide 800,000 products, usually according to one million BYD to produce. The high degree of automation of Japanese companies, products, elimination rate of only about 5%. However, in view of Wang Chuanfu, and often even one billion dollars in investment capital from the rate of increase in labor and eliminated entirely acceptable. In addition to the transformation of production technology, BYD is also changing the temperature of the lithium-ion batteries to reduce the cost of hardware investment.
After the 2003 acquisition of Qin Chuan, Wang Chuanfu will be “artificial + template” model for the automotive sector.
And Shanghai Volkswagen, Beijing Hyundai and other joint ventures in a higher degree of automation of the workshop is different from that of Shenzhen BYD F6 [Review Forum Photo] lines are 220 assembly workers. BYD will be divided assembly process in detail, each station through the fixed clamp body, even in the high degree of automation of the press shop and paint a plate of steel materials, satellite m50 battery ,handling of components and other processes, most of them by artificial completed. “In some labor can be used on the machine as far as possible without hands.” BYD familiar with the production of an insider said.
“Family Culture”
Harsh assessment, “is ready to sub-property”, internal incentive for comprehensive
Wang Chuanfu with this set of modes of production to the conquest of many investors.
Value Partners Group Chairman (00806.HK) Cheah Cheng Hye in 2002 when I met Wang Chuanfu, listen to brag about the price much cheaper how Zaochu with the same quality as Japanese automobiles. Wang Chuanfu, said: “The secret is in the mold (mold), Shenzhen for the cost of a mold that only 20% of Japanese products.” Cheah Cheng Hye doubtful, but when he entered the factory and see BYD hundreds of sufficient land could make a car dies, he decides to buy shares of BYD.
Is also acknowledged that some investors around the mode of production management. Partner of Warren Buffett to Munger (Charlie Munger) praised Wang Chuanfu inventiveness, like Edison, management, similar to Jack Welch. Franklin Templeton Fund in January 2003, when the lowest price of stocks to become shareholders, BYD, BYD has not been accepted for the automotive market is in transition, the stock has dropped 70%. Yang, Executive Vice-President of the Fund to see the rows of the team of young women to eat lunch, an investment firm BYD’s determination, “The management is very strict, very beautiful.
In the opinion of staff, Wang Chuanfu terribly pragmatic. “Talk about anything, he was able to talk about details, details of the guidance, but that is just.” Beijing BYD factory molds, said an employee. Wang Chuanfu memory has also left a deep impression, a meeting without any record of things that we all remember. ”
BYD total of 18 divisions, each division of the independent accounting, a set of strict evaluation and incentive mechanism. For parts and components factories, there is a system of cost control as a virtual evaluation standards. Each process should aim at less cost than the competition, the quality should go. Division General Manager Salary up to several tens of millions,thinkpad r52 battery , for the staff’s outstanding common President’s Award, but also higher than 300,000 yuan.
“The bosses Division negative all the profit and loss, loss or resignation, or at their own expense, losses”. BYD the 16th Division, an employee said. It is responsible for purchasing steel personnel, procurement lead over the company due to the loss of 2 million, was later fired, her husband, also resigned. A budding staff due to a workflow solution designed to enable the host team was 25 million development fund projects, their monthly salary has increased by 500 yuan.
BYD team of entrepreneurs relatively stable from the registration date, apart from the addition of two vice-president of automotive operations, the loss of executives close to zero. Many people close to Wang Chuanfu that “is ready to sub-property” Perfect is the main reason the system of internal incentives.
Hong Kong-listed BYD in 2002, when nearly 40 members of the management staff have been incorporated into the ranks of its sponsors, the company holds a total of 33 management, almost 17%, Wang Chuanfu personal holding 28.9% .
UBS Investment Bank Asia Chairman Hong Cai Ping-listed BYD involved in the whole process. He recalled that BYD Company began Yanglong Zhong Xia basic frameworks congruent Zuo has invested several million shares, Wang Chuanfu verbally promised to you minutes after listing of shares.
Listed on the eve of BYD in 2002, according to the circumstances inquiry, BYD offering a maximum range of 12.20 Hong Kong dollars, up to 30 times earnings. Year tens of thousands of people, becomes one billion dollars, executives are privately worried whether an oral agreement was also honored. CAI Hong-ping, when asked how to deal with Wang Chuanfu replied - “It was how to say it is doing.” BYD to third division leaders long term for example, before Listing of shares held by 0.1874 percent, with the terms of the current share price, the net worth of millions. fpcbp73ap
“Entrepreneurs in China, many of them will not be so with a commitment will not be fulfilled.” IPO has conducted numerous private companies in Hong Cai-ping said with emotion.
BYD grass-roots level salaries are not high, but more than a decade worked very common. All new recruits have heard of Wang Chuanfu stresses “family culture” concept is at home. And each employee, as Wang Chuanfu and its leaders to go to work every day dressed in work clothes, as punched cards, often beyond the employees later. Chuanfu Wang Office, there is a bedroom.
Engineer Li Xue-Lin in the second month of BYD has a single dormitory. If he continues to do so, has the potential to cost the village in the Jady attributed to a combination of their own homes. Today there is a willingness in 2010 to buy an F3. Although the price is only a few thousand dollars more than the concessions of market prices, but the company promises, internal staff can zero down payment, monthly 700 yuan subsidies for oil fill.
BYD in Shenzhen at the base, canteen, sports grounds, schools, almost everything. An employee joining the BYD Shenzhen Beijing Travel, the more surprised to see anything other than the standard sports ground in BYD. btp-44a3 ,This is almost six years before him, never seen before in his career.
BYD factory in the bus on the men and women often see couples in love, wearing the same uniform color BYD. BYD has encouraged employees to take their family and friends are also introduced to the work BYD, are entitled to priority of employment. Private employees joked: “At first, live one apartment and then buy F3, and then buy Jady Quliaolaopo village house, a child who grew up on the last school Jady, also finished in this life.”