DETAILED POWERPOINT PRESENTATION ON KAIZEN COSTING TO BE PRESENTED IN CLASS WITH THE HELP OF MCQ FOR BETTER UNDERSTANDING OF THE CONCEPTS & ILLUSTRATIVE , SELF EXPLANATORY PICTURES

1. KAIZEN
COSTING
(改善)
BY: ANMOL GULATI

2. c
KAIZEN
“A journey of a
thousand miles begins
with a single step.”
– Laozi
So too does any great endeavor, a truth
embraced by the Japanese philosophy
of Kaizen.

4. TRADITIONAL
SCENARIO: vs
KAIZEN

5. HOW WE CAN IMPLEMENT CHANGE ?

9. KAIZEN COSTING
Kaizen costing is applied to
products that are already in
production phase. Prior to kaizen
costing, when the products are
under development phase, target
costing is applied.
Finally, It is a process wherein a
product undergoes cost reduction
even when it is already on the
production stage.
The cost minimization can include strategies in effective waste management, continuous product
improvement or better deals in the acquisition of raw materials

15. 5S METHODOLOGY

16. 1. SORTING

19. 2. SET IN ORDER

21. 3. SHINE

23. 4. STANDARDIZE

25. 5. SUSTAIN

28. KAIZEN
COSTING
SUMMARY

30. ● Q1. Choose the odd one out from 5S
methodology:
a. Sustain
b. Safety
c. Shine
d. Standardize
● Q2. Red tag is used in :
a. Shine
b. Sorting
c. Standardize
d. Set in order

31. ● Q1. Choose the odd one out from 5S
methodology:
a. Sustain
b. Safety
c. Shine
d. Standardize
● Q2. Red tag is used in :
a. Shine
b. Sorting
c. Standardize
d. Set in order

32. ● Q1. Kaizen refers to
a) Continuous improvement
b) Intermittent improvement
c) Discontinuous improvement
d) Stop improvement
● Q2. In the process of Kaizen, improvements are accomplished gradually in small increments.
a) True
b) False
● Q3. Kaizen refers to improvements through and does not allow
a) Innovation, constant improvement
b) Continuous improvement, innovation
c) Constant improvement, innovation
d) Innovation, discontinuous improvement

33. ● Q1. Kaizen refers to
a) Continuous improvement
b) Intermittent improvement
c) Discontinuous improvement
d) Stop improvement
● Q2. In the process of Kaizen, improvements are accomplished gradually in small increments.
a) True
b) False
● Q3. Kaizen refers to improvements through and does not allow
a) Innovation, constant improvement
b) Continuous improvement, innovation
c) Constant improvement, innovation
d) Innovation, discontinuous improvement

34. ● Q4. In which country was 5S invented?
a) India
b) Japan
c) Vietnam
d) Norway
● Q5. Kaizen requires little investment but great effort to maintain it.
a) True
b) False
● Which of the following is not an advantage of implementing 5S technique?
a) To improve work efficiency
b) To standardize work practices
c) To improve work discipline
d) To create a dirty workplace

35. ● Q4. In which country was 5S invented?
a) India
b) Japan
c) Vietnam
d) Norway
● Q5. Kaizen requires little investment but great effort to maintain it.
a) True
b) False
● Which of the following is not an advantage of implementing 5S technique?
a) To improve work efficiency
b) To standardize work practices
c) To improve work discipline
d) To create a dirty workplace

37. 3M PHILOSOPHY

38. 2ND PILLAR OF KAIZEN
APPROACH

40. Value is ‘anything’ that
customer is willing to pay for!

43. EXAMPLES OF MUDA ( TIMWOODS )
1. TRANSPORT 2. INVENTORY 3. MOTION 4. WAITING
5. OVER-PRODUCTION 6. OVER-PROCESSING 7. DEFECTS 8. SKILLS SET

46. SEQUENCE OF MACHINES

47. STANDARD OPERATIONS

53. CONCLUDING STATEMENT
The implementation of Kaizen
involves everyone - managers
and workers - and requires a
permanent commitment to the
Kaizen principles. It is not
meant to be implemented as
a process, but rather to be
lived at all levels of an
organization as a philosophy!

55. BASICALLY,SAYINGTHANKYOU
INJAPENESE!