23.12.2014 Views

OCTOBER 19-20, 2012 - YMCA University of Science & Technology

OCTOBER 19-20, 2012 - YMCA University of Science & Technology

OCTOBER 19-20, 2012 - YMCA University of Science & Technology

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Proceedings <strong>of</strong> the National Conference on<br />

Trends and Advances in Mechanical Engineering,<br />

<strong>YMCA</strong> <strong>University</strong> <strong>of</strong> <strong>Science</strong> & <strong>Technology</strong>, Faridabad, Haryana, Oct <strong>19</strong>-<strong>20</strong>, <strong>20</strong>12<br />

5. Suggested Implementation Plan<br />

It was then decided to formulate a phase wise implementation approach by picking up the provisions which had<br />

higher weighted scores in the above seven major areas. For deciding the number <strong>of</strong> provisions taken up for<br />

implementation in a phase, out <strong>of</strong> the total provisions under a major area, the proximity or differences <strong>of</strong> scores<br />

around the cut<strong>of</strong>f were considered i.e. there should be a considerable differences between the score <strong>of</strong> the last<br />

provision in the phase 1 and the first provision has been divided into three phases as an order <strong>of</strong> priority for<br />

implementation in any diesel locomotive industry. The three phases <strong>of</strong> the suggested approach are presented in<br />

table V<br />

The provision or controls suggested to be implemented in phase 1 will in general be less costly, easy to<br />

implement and would have positive or complementary effect on many other areas in the organization.<br />

Phase 2 includes measures which are slightly more difficult to implement, involves reasonably higher cost,<br />

which may require some kind <strong>of</strong> budgetary provisions and approvals.<br />

Phase 3 includes provisions, which are more related with hardcore technical changes, machinery, equipment and<br />

tooling. Implementation <strong>of</strong> these provisions will involve substantial capital investment and may require a<br />

number <strong>of</strong> iterations and trials for implementation.<br />

6. Results <strong>of</strong> the study<br />

The following results were drawn from the study,<br />

• Average monthly rejection <strong>of</strong> part before the conduct <strong>of</strong> the study was 3.6%<br />

• The raw material usage is only 26% <strong>of</strong> the available inventory each month.<br />

• The company has a high WIP inventory which is 86% <strong>of</strong> what is actually required.<br />

• The finished goods stock inventory is as per requirement.<br />

• In the existing layout material movement is very high and will be reduced by at least 75% by changing<br />

to the new layout. In the new layout, the material movement distance has been reduced to 131.5 metres<br />

compared to 537.45 metres in the existing layout.<br />

848

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!