production and operations management project on productivity
TRANSCRIPT
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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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