Optimization of Raw Material Cost Using PDCA Cycle: A Case of Valve Manufacturing Industry - Couverture souple

Dhumal, Yogesh; Teli, S. N.; Shaik, M. Z.

 
9783659551000: Optimization of Raw Material Cost Using PDCA Cycle: A Case of Valve Manufacturing Industry
Couverture souple
ISBN 10 : 3659551007 ISBN 13 : 9783659551000
Editeur : LAP LAMBERT Academic Publishing, 2017

Synopsis

Globally, small and medium sized enterprises (SMEs) constitute a major role in industrial segment. However, their raw material efficiency potential has remained largely untapped due to several barriers. The prevailing approaches on optimization of raw material cost in industry is below par. SMEs are focused on the technological improvements at the operational level but lack a strategic approach. In this study an effort is made to develop a raw material and vendor management system for SMEs by integrating technical and managerial cost (of raw material) saving activities. The major gap found during literature survey shows that the proposed raw material management system have rarely adopted a PDCA (Plan-Do-Check-Act) as a process approach methodology for consistent raw material cost and cleaner production. For the validation of the proposed raw material management system, a case of small sized Indian valve manufacturing industry was selected. The case exhibited an incline of continuous improvement in raw material efficiency in the industry by illustrating PDCA cycles.

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Présentation de l'éditeur

Globally, small and medium sized enterprises (SMEs) constitute a major role in industrial segment. However, their raw material efficiency potential has remained largely untapped due to several barriers. The prevailing approaches on optimization of raw material cost in industry is below par. SMEs are focused on the technological improvements at the operational level but lack a strategic approach. In this study an effort is made to develop a raw material and vendor management system for SMEs by integrating technical and managerial cost (of raw material) saving activities. The major gap found during literature survey shows that the proposed raw material management system have rarely adopted a PDCA (Plan-Do-Check-Act) as a process approach methodology for consistent raw material cost and cleaner production. For the validation of the proposed raw material management system, a case of small sized Indian valve manufacturing industry was selected. The case exhibited an incline of continuous improvement in raw material efficiency in the industry by illustrating PDCA cycles.

Biographie de l'auteur

Mr. Yogesh Dhumal working as faculty in Saraswati College of Engineering, NaviMumbai. Dr. S.N.Teli is working as Professor in Mechanical Engineering, Bharathi Vidyapeeth College of Engineering, Navi Mumbai. Dr. M.Z.Shaikh is working as Principal of Bharathi Vidyapeeth College of Engineering, Navi Mumbai.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2017
Langue
anglais
ISBN 10 
3659551007
ISBN 13 
9783659551000
Reliure
Broché
Nombre de pages
104
Coordonnées du fabricant
non disponible
Personne responsable
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