We have embarked on a transformative digital journey driven by four key objectives, i.e., driving revenue and market share growth, increasing profitability, attaining excellence in Environmental, Social, and Governance (ESG) practices, and creating an exceptional workplace environment.
To accomplish these goals, we rely on three primary technology levers: Automation and digitalisation, integration and intelligence. These empower us to harness the power of technology, streamline processes, enhance operational efficiency, and make data-driven decisions. We are actively working towards realising our vision of becoming a leader in the industry, while simultaneously ensuring sustainable growth, exceptional performance, and a conducive work environment for our employees.
Conversion cost per tonne of steel
Capacity utilisation
Capitals deployed
INTELLECTUAL
MANUFACTURED
Capitals enhanced
FINANCIAL
NATURAL
Key risks
Material issues
Key trends
Cost reduction
Vijayanagar
Dolvi
Salem
Digitalisation
Our digital function is led by a Chief Digital Officer (CDO), supported by various Digital Centres of Excellence (CoEs), i.e., Data Sciences, Digital Vision Platform, Digital Supply Chain Management, Digital Sales & Marketing, Digital Human Resources, Digital Sustainability. Our objectives are:
Digital technologies deployed
In addition to our robust core platform (encompassing SAP ERP, Salesforce CRM, Darwin Box HR Management system), we have deployed more technology and applications to harness the benefits. We have implemented and are further expanding the deployment of Industrial Internet of Things (IIoT), Robotics, Artificial Intelligence-Machine Learning (AI-ML), Dashboards and Analytics, Robotic Process Automation (RPA). We have leveraged large tech companies and the start-up ecosystem.
Digitalisation: Focus functions
Our objective is to support the digitalisation needs of every plant and function. We have mapped digital initiatives for mine-to-plant-to-customer value chain.
Mine-to-plant-to-customer: Technology-led JSW Steel
01 Mining
02 Manufacturing
03 Supply chain
04 Sales and marketing
05 Human resources
06 Sustainability, safety and security
07 Finance
01 Increased sales
02 Asset availability
03 Great Place To Work (GPTW) certification
04 Cost optimisation
05 Emissions reduction
06 Improvement in safety and security
Hours of digital training in FY 2022-23
To upskill our employees and prepare them to lead the organisation digitally, we have created a comprehensive multi-tier digital learning and development programme. Through this initiative, we aim to build a future-ready workforce.
Leveraging the principles of Industry 4.0, we have carried out several projects to make our manufacturing processes optimised and intelligent. Some of the projects are enlisted below to provide you with a glimpse into the digital work being done and planned at JSW Steel.
Process Automation
Machine Learning
Simulation
Advanced Robotics
Dashboards and Analytics
Industrial Internet of Things (IIoT) and AI-ML
Geospatial Tracking
Near-term
Digitalisation: Our journey and future roadmap
Under the ongoing Wave 4, our vision is to scale digital to best-in-class to:
Long term