About Industry
One of India’s topmost Twisting, Winding & Weaving machinery makers with a global reach, ABC Ltd. is the embodiment of a promise. Having quite innovative & surprisingly cost-effective solutions in Twisting & Weaving, ABC Ltd. has become the choice for leading Indian companies with global ambitions. It is no surprise that ABC Ltd. commands one of the largest market shares in the country among its products. Since 1980s, ABC Ltd. has been at the forefront of indigenous technology development in the field of Twisting & Weaving machinery leading R&D efforts specific to answer to the growing needs of a developing market like India. Company is having 200+ Machinery and established around 20000 Sq. Ft. Area.
Basic Challenges of Company
- Productivity is low
- Factory Expenses are High
- Too Much Dead Inventory is there
- Space Constraints are there
- Unorganized Working Method
- No Worker Participation in improvement
Project Implemented: LEAN Manufacturing Practices
- To Implement 5-S to improve productivity
- To Improve Space Utilization
- To Increase Inventory Turnover Ratio
- Design and Implementation of Safe Work Station
Implementation method
- Analysis of Present Situation
- Data Collection & Analysis
- Identification of Projects
- Presentation & Approval
- Phase wise Training & Execution
- Phase wise Reporting of Outcome
- Overview
Tools
- 5S
- 7 QC Tools
- Kobetsu Kaizen
- Visual Control
- Value Stream Mapping
- Jishu Hozen
- PokaYoke
- Problem Solving Tools
Quantitative Benefit
- Salvage Value of Scrap after implementing 5S by 40000 Kg
- Floor Space Free By 5000 Sq.ft.
- Improvement in Labour Productivity by 50%
- Improve ITR Ratio by 60%
Qualitative Benefits
- Improvement in safety conditions in workplace
- Increased Worker Participation in Improvement
- Awareness about Lean Tools Created
- Improved Employee morale
Duration: 1 year
Monetary Benefits: 1,18,80,000 Rs. /Year