production and operations management project on productivity

7/31/2019 Production and Operations Management project on Productivity

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Production & Operations

Management

SMBA - 16

Case Study

Pursuit of Productivity

Amol, Hemang, Pratik, Manoj,

Kewal, Nitin, Omkar, Shailendra


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Introduction

Production = A system takes inputs and convertsthem into outputs. The conversion process is the

predominant activity of a production system

Productivity = output/input(e.g. 100 units/machine-hour, in manufacturing,

20 customers/teller-hour, in service)

Pursuit means The act of striving for

or chasing.


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Productivity measurement: important but difficult.

Measurement of output:1. Aggregate Unit

2. Sales3. Production Volume

Measurement of input:1. Labor 2. Capital3. Raw material 4. Energy5. Information

Measurement of Productivity ?


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Global Competition.

Quality, Customer Service, and CostChallenges.

Rapid Expansion of Advanced Technologies.

Continued Growth of the Service Sector.

Scarcity of Operations Resources.

Social-Responsibility Issues.

Today's Factors Affecting OM


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Output and Input

(But the increase in input is proportionally less than

increase in output)

Output while input stays the same

Output while input is

Output stays the same while input

Output while input even more.

Relationships of Input and Output

affecting Productivity


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Labour Inefficiency

Low volume of production

Lack of specialised training Lack of process automation and

standardisation

Man Hours Wastage

Factors affecting Productivity in India


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Value Engineering

Quality Circles

Operations Research Training

Job Enrichment & Enlargement

Material Management

Productivity Improvement Techniques


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Over production lead to increase in various

costs

JIT helps in improving the overall production

flow i.e.

Less waste and, in turn, less rework

Set up times are reduced

Less stock

Efficiency is increased

Just In Time


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Lack of knowledge to worker can lead to huge

loss of productivity.

Information usually exists but it is not

meaningfully organized or deployed.

Empower the front end employee with

all information required to process

the whole cycle of delivery Faster

and Output is Stronger.

First Time Right


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In 2009, IBM invented a global approach called

Application Assembly Optimization.

Breaking the rigid process of Broader based work

into Component based work. Result jump in 20-30% productivity.

Because of people get specialized in small

window of work , their know-howand errors

Application Assembly Optimization


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Workplace Application

(Service Sector)

Process: Two eye Process (Double check)

Total 35 products.

1. Specialist with few (atleast 5) products. EnablingFaster output.

2. Increasing the database of knowledge and process ofthe product. Hence sending correct unit from very firsttime enabling less in errors and increasing in

productivity. Impact - If unit is issued incorrect, Business, Quality,

and Reputation affects severely.


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Transform Process flow

Improve intelligence around data

Innovate Business Models

Upgrade Technology

Increase Pace of Talent Development

Adopt a Result-only work environment

Agenda for Action


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Productivity is an attitude of mind

Productivity means doing something better

today than yesterday

Productivity means continuous

improvement

Our Thoughts on Productivity


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production and operations management project on productivity

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