Lean system and innovation in strategic Cost ManagementYash Maheshwari
This provides detailed discussion of Lean system and techniques to deal with it such as just in time, six sigma, TPM, Business Process Re-engineering etc.
Lean system and innovation in strategic Cost ManagementYash Maheshwari
This provides detailed discussion of Lean system and techniques to deal with it such as just in time, six sigma, TPM, Business Process Re-engineering etc.
Just In Time is here to stay, and increasingly will be used in more of the logistics and delivery systems we utilize each day. It is no longer just a "manufacturing" thing.
Productivity improvement is the one of the basic need of every manufacturing industry, so that Just in Time (JIT) is one of the quality tools that are help to improve the productivity. Just in Time (JIT) has been very popular strategy partly because of its success in Japanese manufacturing, Automobile industries. Analysis of wastages is one of the needs of every industry, so we are using the value mapping analysis to check each value-added and non-value-added activity. Just in Time (JIT) is a system that focuses on inventory control, set up time reduction, waste reduction and continuous improvement to achieve operational excellence. In this paper a single case study is doing in the manufacturing company (Towers making). The main objective of this paper to checking each and every activity to achieve the manufacturing time is less than customer order time. Take a pad and pencil and go out on the shop floor. Pick a product and follow it through the entire manufacturing process from raw materials to shipping. Note every activity performed on the product. Do not get a routing slip to see how the process is supposed to go, but accurately record the process including delays, transportation, inspection, storage, etc. After recording time to calculate Available operating time, performance factor, quality rate and overall equipment efficiency. After calculating overall equipment efficiency to compare with international standard and get suggestions to the case company.
JUST-IN-TIME/JIT is an approach which seeks to eliminate all sources of waste, anything which doesn’t add value in production activities, by providing the right part at the right place at the right time .
Overview on the Toyota production system principles, techniques and theories.
The presentation include:
-Lean Manufacturing Principles
-Productivity Measurement, Analysis and Improvement
-Effect & Elimination of the Manufacturing 7-Wastes
-Lean Improvement Techniques
-Lean Management for Making Improvement & Gaining Sustainability
Just In Time is here to stay, and increasingly will be used in more of the logistics and delivery systems we utilize each day. It is no longer just a "manufacturing" thing.
Productivity improvement is the one of the basic need of every manufacturing industry, so that Just in Time (JIT) is one of the quality tools that are help to improve the productivity. Just in Time (JIT) has been very popular strategy partly because of its success in Japanese manufacturing, Automobile industries. Analysis of wastages is one of the needs of every industry, so we are using the value mapping analysis to check each value-added and non-value-added activity. Just in Time (JIT) is a system that focuses on inventory control, set up time reduction, waste reduction and continuous improvement to achieve operational excellence. In this paper a single case study is doing in the manufacturing company (Towers making). The main objective of this paper to checking each and every activity to achieve the manufacturing time is less than customer order time. Take a pad and pencil and go out on the shop floor. Pick a product and follow it through the entire manufacturing process from raw materials to shipping. Note every activity performed on the product. Do not get a routing slip to see how the process is supposed to go, but accurately record the process including delays, transportation, inspection, storage, etc. After recording time to calculate Available operating time, performance factor, quality rate and overall equipment efficiency. After calculating overall equipment efficiency to compare with international standard and get suggestions to the case company.
JUST-IN-TIME/JIT is an approach which seeks to eliminate all sources of waste, anything which doesn’t add value in production activities, by providing the right part at the right place at the right time .
Overview on the Toyota production system principles, techniques and theories.
The presentation include:
-Lean Manufacturing Principles
-Productivity Measurement, Analysis and Improvement
-Effect & Elimination of the Manufacturing 7-Wastes
-Lean Improvement Techniques
-Lean Management for Making Improvement & Gaining Sustainability
POKA-YOKE - A Lean Strategy to Mistake ProofingTimothy Wooi
A Lean Strategy in Human Error Prevention aims to detect and correct possible error immediately, eliminating defects at the source.
Poka-Yoke overcome the inefficiencies of inspection through the use of automatic devices that seek,
1.Not to accept a defect for the process
2.Not to Create a Defect
3.Not to Allow a Defect to be passed to the next process
Its purpose is to eliminate product defects by preventing, correcting, or drawing attention to human errors as they occur.
The concept was formalized, and the term adopted, by Shigeo Shingo as part of the
Toyota Production System.
It was originally described as baka-yoke, meaning "fool-proofing“ or “idiot proofing” but the name was later changed to the milder poka-yoke.
From you and to you
You helped me complete my presentation
Here I am offering it to you as a gratitude.
Who doesn't thank people doesn't thank God.
thank you
An appreciation of the ancient traders and Indigenous Bankers commercial merchants of Bengal and India before British colonization. The Marwadi Jain Family from Nagaur came to Murshidabad and became the Banker to Alvardi Khan of Bengal Nawabs. Fateh Chand Seth conspires against Siraj ud-dhaula of Bengal and supports the British army to dethrone the nawab of Bengal for his business prospects.
formal, informal communication, barriers to communication, effective communication, grapevine, rumors, gossips, personal, organizational, and semantic barriers of communication
Effective Communication in the organization, Barriers to Communication, personal barriers, cultural barriers, semantic barriers, organizational barriers
Types of Partners, Partner by Holding out, Mutual Agency, Contract of Agency, 3 Musketeers by Dumas, One for all, all for one, Merits of the Partnership in comparing with Sole Proprietory
Formal & Informal Communication, Effective Communication, Process of Communication, Barriers to Communication, Noise in the Communication, How to overcome barriers of Communication,
Types of Partners, Partnership Merits and Demerits, Partner by Holding out, Parter by estoppel, Registration of Partnership, The difference between a sole proprietorship and Partnership, features of Partnership act 1932, Mutual consent of Partners, Mutual agency
Hindu Undivided Family Business, Kartha, Copercenres, unlimited liability to Karta, Business ownership, the unique feature of Indian business professional communities
Best Indian Business Leaders, 6 best Leadership qualities, Sacrifice, Courage, leading, influencing, encouraging, Employer leadership qualities, Mrs. Meera H Sanyal, Ankita Bose is the co-founder and CEO of Zilingo, Microsoft without Bill Gates, Reliance Industries without Ambani's, Infosys without Narayana Murthy, Tata without J.R.D. Tata or Wipro without Azim Premji.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
2. • Lean production focuses on eliminating waste in processes (i.e. the
waste of work in progress and finished good inventories)
• Lean production is about expanding capacity by reducing costs and
shortening cycle times between order and ship date
• Lean is about understanding what is important to the customer
• Lean production is not about eliminating people
2
5. Lean Production System
5
• The production system developed by Toyota motor corporation to
provide best quality, lowest cost, and shortest lead time through the
eliminating of waste.
• The Lean production system was established on two concepts:
– JIDOKA: Automation with a human touch, means that when the problem
occurs, the equipment stops immediately, preventing defective product from
being produced.
– JUST-IN-TIME: In which each process produces only what is needed by the
next process in a continuous flow.
7. Just-In-Time Systems
What is JIT ?
JIT is a philosophy of continuous improvement in which
non-value-adding activities (or wastes) are identified and removed for the purposes
of:
Reducing Cost
Improving Quality
Improving Performance
Improving Delivery
Adding Flexibility
Increase innovativeness
7
8. Producing only what is needed, when it is needed
(not early, not late; not less, not more)
Achieving high volume production using minimal
inventories
An integrated but simplified system
JIT’s mandate:
Elimination of all waste in production effort
Just-In-Time Systems
8
9. Attacks waste (anything not adding value to the product)
Achieves streamlined production by reducing inventory
Exposes problems and bottlenecks caused by variability
9
What Does Just-in-Time Do?
15. Main Components of JIT
Pull System
Continuous Flow Processing
Takt Time
Flexible Workforce (Shojinka)
3 M’s
15
Just-In-Time
16. The Pull System
16
Pull System is a flexible and simple method of controlling/balancing the
flow of resources.
Produce only when your customer demands the product in the required
quantity.
Run the production according to this demand
Pull System consists of:
– Production based on actual consumption
– Small Lots
– Low inventories
– Management by Sight
– Better Communication
18. Continuous/One-Piece Flow
18
Producing and moving one item at a time (or a small and consistent batch of
items) through a series of processing steps as continuously as possible, with
each step making just what is requested by the next step.
It is also called the one-piece flow, single-piece flow, and make one & move
one.
20. Takt time is the pace of production required to meet customer demand.
Since takt time is defined by the customer, it becomes a very important number
in a lean environment.
How:
Only 2 variables are used to calculate Takt time: Available Time &
Customer Demand (schedule):
Available time is total shift time minus meal and scheduled break times
TAKT Time
20
22. Flexible Workforce (Shojinka):
Flexible workforce or shojinka means to alter (decrease or increase)
the number of operators within a shop, to equip with demand changes.
Continually optimizing the number of workers in a work center to
meet the type and volume of demand imposed on the work center. Creating
Flow and Eliminating Waste.
22
Flexible Workforce (Shojinka)
23. Multi-machine Handling
Type of Part
A B C D
Machine 1
Machine 2
Machine 3
Machine 4
One person handles one process, four machines
Unfinished Parts
Finished Products
Flexible Workforce (Shojinka)
23
27. X 2 = MURI (OVERBURDEN)
27
X 6 = MUDA (NON-VALUE ADDED)
= MURA (UNEVENNESS)
Muda . Mura . Muri
28. The most efficient way to deliver 12 tons of good to the destination is:
NO MURI (OVERBURDEN)
X 3 = NO MUDA (NO WASTAGE)
NO MURA (NO UNEVENNESS)
28
Muda . Mura . Muri
29. Kanban
What is Kanban?
• Card system that controls production & inventory
•Communicates demand for work or materials from the preceding station
29
30. Kanban is one of the Lean tools designed to reduce the idle time in a production
process. The main idea behind the Kanban system is to deliver what the process
needs exactly when it needs it.
In Japanese, the word “Kan” means “card" and "ban" means “signal," so Kanban
refers to signal cards. Lean uses visual cards as a signaling system that triggers an
action to supply the process with its needs either from an external supplier or from
a warehouse.
30
Kanban
32. Reduction of eliminating non-value added activities
Reduction of floor space and warehouse space per unit of output
Reduction of setup time and schedule delays as the factory becomes a
continuous production process.
Reduction of waste and rework by detecting errors at the source.
Better utilization of machines and facilities.
Better integration of and communication between functions such as
marketing, purchasing, design, and production.
Quality control built into the process.
32
Benefits of JIT
33. Jidoka - Automation
33
What is Jidoka/Automation?
Providing machines and operators the ability to detect when an abnormal
condition has occurred and immediately stop work. This enables operations
to build in quality at each process and to separate men and machines for
more efficient work.
Jidoka highlights the causes of problems because work stops immediately
when a problem first occurs. This leads to improvements in the processes
that build in quality by eliminating the root causes of defects.
36. Jidoka Steps
1. Detect the abnormality.
2. Stop.
3. Fix or correct the immediate condition.
4. Investigate the root cause and install a countermeasure.
Why Jidoka?
• Increase quality
• Lower costs
• Improve customer service
• Reduce lead time
36
Jidoka - Automation
37. Prevention Techniques
37
• Poka Yoke - Mistake-Proofing
– Visual control of quality
– Prevents defects from happening
• Andons
– Commonly lights to signal production line status
• Red: line stopped
• Yellow: call for help
• Green: all normal
– Andon signals require immediate attention
38. Poka Yoke – Mistake Proofing
38
What is it for?
• To eliminate the possibility or opportunity for passing on errors or
making mistakes in a process.
Where could we use it?
• In the development or improvement of any process.
• When you want to make wrong actions impossible or more difficult to do.
• When there is a need to make it possible to reverse actions
• When you need to make it easier to discover that errors occur.
40. Andon
Andon is an information tool which provides instant, visible and audible
warning to the Operations team that there is a abnormality within that
area.
When the equipment shuts down because of a quality problem, flags or light,
usually with accompanying music, signal that help is needed to solve the
problem.
This signaling system is called the andon system.
40
41. Visual Management Andon Lamp
• Red - line stoppage
• Yellow - call for help
• Green - normal operation
41
42. Benefits of Lean Production
42
Lean will improve:
Quality performance, fewer defects and rework.
Fewer Machine and Process Breakdowns.
Lower levels of Inventory.
Greater levels of Stock Turnover.
Less Space Required.
Higher efficiencies, more output per man hour.
Improved delivery performance.
Faster Development.
Greater Customer Satisfaction.
HIGHER PROFITS!
INCREASED BUSINESS!