What is the objective of a manufacturing company? I’ve given this subject alot of thought, and I have derived a somewhat complicated, yet elegant hypothesis. A manufacturing company wants to make something that it can sell to someone for more money than it cost the company to make it. That being said, how do you
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key Principles of Lean Six Sigma in India takes the features of Lean and Six Sigma and integrates them to form a magnificent seven-set of principles. The principles of each approach aren’t dissimilar and the merged set produces no surprises. The seven principles of Lean Six Sigma are: 1. Focus on the customer. The customer’s
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What is 5S System? The 5S system is a methodology widely used in industries to improve workplace organization, efficiency, and safety. It consists of five steps that, when implemented correctly, can bring about a significant transformation in any work environment. In this article, we will explore the 5s in detail, understand its origin, and learn
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Cost of Poor Quality (COPQ) is a measure of the cost incurred due to poor quality products or services. It includes both the cost of preventing defects and the cost of dealing with defects that do occur. Let’s take an example of a manufacturing company that produces computer components. If the components are not properly
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In a world driven by continuous improvement and efficiency, problem-solving is a skill that holds immense value. Whether you are a professional in the corporate realm or an individual looking to enhance your critical thinking abilities, understanding and implementing structured problem-solving methodologies is crucial. One such powerful approach is the 8D problem-solving methodology. In this
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Top lean Manufacturing – Lean Operation Tools The list of top lean tools are Kaizen or Continuous Improvement What’s Kaizen? Benefits of Kaizen How to apply Kaizen at our plant The Kaizen system is generally enforced in 5 different way Single Piece Flow or One Piece Flow What’s Single Piece Flow? Benefits of Single Piece Flow Jidoka (Autonomation) What’s Jidoka (Autonomation)? Principles of
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Quality is a critical aspect of any manufacturing process. Companies that fail to maintain high-quality standards risk losing customer trust, reputation, and profits. Poor quality costs businesses significant amounts of money each year, which is why it’s important to understand the cost of poor quality (COPQ) and how to calculate it. In this article, we
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