This course is from Quality Council of India.
Principles of flow are at the core of this course "Manufacturing Competitiveness". The applications and tools developed around these principles are used in taking decisions in day to day working of a manufacturing organisation. Most of use measurement which tell us how we are doing so we can take corrective action but if these measurements do not give the correct direction it could cause a deterioration in output despite good intent. This course brings to light better measurements to support good operations decisions and also mesh with financial performance measures of the organization.The throughput approach to managing an organisation will put an organisation on a path of productivity improvement as against the focus on trying to cut cost everywhere. However cost focus quickly reaches a rate of diminishing returns and throughput productivity focus, based on principles of flow, can put an organisation ever flourishing path and keep it competitive over longer periods. This course introduces and explains the concepts & application for quick deployment.Concepts of flow are explained by using simulation tool to narrate how hidden capacity in unearthed or how low inventories are achieved by increasing flow.The building blocks for effective tools like Finite Capacity Scheduling and Material Requirements Planning are explained at concept level and later explained how can they be done using a spreadsheet. These tools are then used for generating information for synchronising the operations
What you'll learn:
Principles of flow are at the core of this course "Manufacturing Competitiveness". The applications and tools developed around these principles are used in taking decisions in day to day working of a manufacturing organisation. Most of use measurement which tell us how we are doing so we can take corrective action but if these measurements do not give the correct direction it could cause a deterioration in output despite good intent. This course brings to light better measurements to support good operations decisions and also mesh with financial performance measures of the organization.The throughput approach to managing an organisation will put an organisation on a path of productivity improvement as against the focus on trying to cut cost everywhere. However cost focus quickly reaches a rate of diminishing returns and throughput productivity focus, based on principles of flow, can put an organisation ever flourishing path and keep it competitive over longer periods. This course introduces and explains the concepts & application for quick deployment.Concepts of flow are explained by using simulation tool to narrate how hidden capacity in unearthed or how low inventories are achieved by increasing flow.The building blocks for effective tools like Finite Capacity Scheduling and Material Requirements Planning are explained at concept level and later explained how can they be done using a spreadsheet. These tools are then used for generating information for synchronising the operations
What you'll learn:
- Concepts of flow and developing management systems which focus on the leverage points or constraints to achieving and sustaining a competitive manufacturing organisation
