Profitability Improvement in Manufacturing Industry · ª Breakthrough Improvement & Innovations ª...

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Profitability Improvement in Manufacturing Industry Indian Centre for Manufacturing Excellence Via Systematic and Scientific Methods

Transcript of Profitability Improvement in Manufacturing Industry · ª Breakthrough Improvement & Innovations ª...

Profitability Improvement in

Manufacturing Industry

Indian Centre forManufacturing Excellence

Via Systematic andScientific Methods

Increasing Overall Profitability needs Scientific Methods for Bottom Line Top Line Improvement via-

ª Reduction of Internal Cost

ª Improving Productivity

ª Improving Process Efficiencies

ª Standardization of Machines and Spares

ª Energy Efficiency

ª Low Cost Automation

ª Involvement of 100% Employees in Improvement Process (TEI)

ª Breakthrough Improvement & Innovations

ª Customer Focus

Understanding of the Team about 'The Systematic and Scientific Way' is the Key to Profitability Improvement such that they can Understand Cost, Define Goals, Measure Data, Analyze Data, Improve & set Controls on each aspect of Cost.

This Training Program Develops Top Management for creating an Eagle Eye on Cost Pie, Measurement System and Benchmarking with Best Industries such that each participant can create a Road map ahead for Improving Profitability by developing his own Profit Improvement Plan (PIP).

Below Topics shall be covered in the Training

Program-

v Understanding Major Cost Elements

v Measurement of Cost Elements

v Methodology to Reduce Cost

w Layout Improvement to establish Flow

w Machine Health Improvement (OEE Improvement)

w Inventory Management (RM, WIP & FG)

w Energy Savings (Reduction in Power & Fuel Bill)

w Low Cost Automation

w Rework & Rejection Reduction

w Manpower Cost Reduction Techniques (Ideal Manpower Required Vs

Actual deployed)(Productivity Improvement)

w Total Employee Involvement

w Leadership Development

v Developing Roadmap for Profitability Improvement

Rohit ChauhanManager - Training & Administrations

Indian Centre for Manufacturing Excellence (ICME)Mb: 9988187333

E Mail: [email protected]: www.icmeonline.com

Branch Office:SCO-24, First Floor, VIP Shopping Centre, VIP Road - Zirakpur,

Mohali, PIN – 140603

Head Office:F-79, Industrial Area, Phase 7, Sector - 73, Mohali, PIN - 160055

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