Cost Reduction And Optimization For Manufacturing And Industrial Companies

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Cost Reduction and Optimization for Manufacturing and Industrial Companies

Joseph Berk
Cost Reduction and Optimization for Manufacturing and Industrial Companies Book PDF

Author : Joseph Berk
Publisher : John Wiley & Sons
Page : 272 pages
File Size : 52,6 Mb
Release : 2010-02-22
Category : Science
ISBN : 9780470643808

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Cost Reduction and Optimization for Manufacturing and Industrial Companies by Joseph Berk Pdf

Focuses on rapid implementation of practical, real-world cost reduction solutions In today's economic climate, the need to cut costs can be the difference between success and failure. Cost Reduction and Optimization for Manufacturing and Industrial Companies covers all major cost reduction areas, providing easy to read examples and advice on steps to take. It provides the roadmap for implementing recommended actions with true and tried methods by taking a modern, all-inclusive look at manufacturing processes. Based on the author's cost reduction experience gained during 30 years of senior operations and consulting engagements with hundreds of organizations, this book includes easy-to-understand and easy-to-implement cost reduction concepts organized into five general areas --labor, material, design, process, and overhead. Each chapter: Dives into a cost reduction area and starts with the bottom line first by summarizing key points Provides proven tactics for cutting costs without a lot of extraneous data Follows a qualitative and design-oriented approach Emphasizes quick implementation and measurable cost reduction Identifies who in the organization should do the work Outlines risks and suggested risk mitigation actions Contains numerous tables, graphs, and photos to show the concepts described in the book Praise for Cost Reduction and Optimization for Manufacturing and Industrial Companies "In this introductory book, Berk not only takes a modern, all-inclusive look at manufacturing processes but also provides substantial coverage of engineering materials and production systems. It follows a more qualitative and design-oriented approach than other texts in the market, helping readers gain a better understanding of important concepts. They'll also discover how micro-economic conditions relate to the process variables in a given process as well as how to perform manufacturing science and quantitative engineering analysis of manufacturing processes." —Fred Silverman, Director Engineering of Hi-Shear Technology Corporation "Joe Berk has created a unique, practical and straightforward approach to cost reduction in manufacturing. This work provides valuable insights and concrete techniques, based on real-world experiences, to any manufacturing organization undertaking change to position itself to compete successfully in the global marketplace." —Joe Carleone, President and COO of American Pacific Corporation Check out author Joseph Berk's blog at http://manufacturingtraining.wordpress.com/

Industrial Competitiveness

Gideon Halevi
Industrial Competitiveness Book PDF

Author : Gideon Halevi
Publisher : Springer Science & Business Media
Page : 220 pages
File Size : 46,9 Mb
Release : 2006-03-29
Category : Business & Economics
ISBN : UOM:39015064917274

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Industrial Competitiveness by Gideon Halevi Pdf

This book takes the form of a dialogue between middle and higher management of a production plant. Several aspects of modern, efficient and competitive industrial management and production planning are treated with the object of finding ways to optimize company profit and to reduce manufacturing costs, from the viewpoint of those working in such diverse disciplines as design, process planning, costing, marketing, sales, customer relations, bookkeeping, inventory control, material handling, shipping, etc. Traditionally, the manufacturing cycle is a one-way chain of activities where each stage poses constraints on the next. This book explores the possibilities of more independence and cooperation between the stages, and less rigid constraints. The material is divided into two parts, the first part dealing with reducing inventory cost, and the second dealing with reducing the cost of production management. Two appendices are included to further explain cost reduction methods.

Realistic Cost Estimating for Manufacturing, 3rd Edition

Michael Lembersky
Realistic Cost Estimating for Manufacturing 3rd Edition Book PDF

Author : Michael Lembersky
Publisher : SME
Page : 394 pages
File Size : 50,7 Mb
Release : 2016-01-04
Category : Technology & Engineering
ISBN : 9780872638754

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Realistic Cost Estimating for Manufacturing, 3rd Edition by Michael Lembersky Pdf

The most effective way to generate an estimate of a new product’s cost engineering change cost, or innovation cost is through a detailed cost investigation. Analysis of the available materials and processes leads to the most economical and financial decisions. Now in its third edition, Realistic Cost Estimating for Manufacturing has been used by students and practitioners since 1968 in this endeavor. Revised and expanded, the book recognizes the extremely important role estimating is playing in today’s highly competitive global economy. Realistic Cost Estimating for Manufacturing provides a survey of the myriad manufacturing processes and practices and combines this with in-depth explanations and examples of costing methods and tools. A comprehensive, standardized approach to their application is given. Among the manufacturing processes surveyed are: machining, casting, stamping, forging, welding, plastics technology, finishing, and rapid prototyping. To develop realistic baseline estimates, an engineering or costing professional must have an in-depth understanding of costing methods and techniques. As a fundamental reference, the book provides insight into the art, science, and functions of cost estimation in a wide range of activities: product design and manufacturing, engineering change control, proposal development, make or buy studies, identifying cost reduction opportunities, component costing, reverse engineering, benchmarking, and examining alternative processes, materials, machines, and tooling. As examples, it will aid the practitioner in efforts to justify the replacement or improvement of existing technology with new creative solutions; perform a feasibility study; develop a basis for cost-oriented decision support; improve supply chain evaluation and sourcing analysis; and minimize costs. The third edition has been greatly enhanced with new chapters and material dedicated to the roles of economics and finance, cost reduction, continuous improvement, plastic parts, electronics cost estimating, costing studies, advanced manufacturing processes, and quality costs. Further, the existing chapters have been significantly expanded to include new processes and operations and examples to enhance learning. Since nontraditional technology is widely applied in manufacturing, its costing aspects are also explored. Five Appendices provide additional information on productivity based on efficiency, cost reduction, matching part features to manufacturing processes, packaging cost, and inspection and measurement costs. As with its previous editions, instructors of cost estimating courses can rely on the book to provide a solid foundation for manufacturing engineering courses and programs of study. The book is also useful for on-the-job training courses for engineers, managers, estimators, designers, and practitioners. It can be applied in seminars and workshops specifically dedicated to product or component cost reduction, alternative cost analysis, engineering change cost control, or proposal development. As in the previous editions, there are multiple equations and calculation examples, as well as end-of-chapter questions to test student’s knowledge. An instructor’s guide is also available.

Advances in Production Management Systems. Towards Smart and Digital Manufacturing

Bojan Lalic,Vidosav Majstorovic,Ugljesa Marjanovic,Gregor von Cieminski,David Romero
Advances in Production Management Systems Towards Smart and Digital Manufacturing Book PDF

Author : Bojan Lalic,Vidosav Majstorovic,Ugljesa Marjanovic,Gregor von Cieminski,David Romero
Publisher : Springer Nature
Page : 783 pages
File Size : 54,6 Mb
Release : 2020-08-25
Category : Computers
ISBN : 9783030579975

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Advances in Production Management Systems. Towards Smart and Digital Manufacturing by Bojan Lalic,Vidosav Majstorovic,Ugljesa Marjanovic,Gregor von Cieminski,David Romero Pdf

The two-volume set IFIP AICT 591 and 592 constitutes the refereed proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2020, held in Novi Sad, Serbia, in August/September 2020. The 164 papers presented were carefully reviewed and selected from 199 submissions. They discuss globally pressing issues in smart manufacturing, operations management, supply chain management, and Industry 4.0. The papers are organized in the following topical sections: Part I: advanced modelling, simulation and data analytics in production and supply networks; advanced, digital and smart manufacturing; digital and virtual quality management systems; cloud-manufacturing; cyber-physical production systems and digital twins; IIOT interoperability; supply chain planning and optimization; digital and smart supply chain management; intelligent logistics networks management; artificial intelligence and blockchain technologies in logistics and DSN; novel production planning and control approaches; machine learning and artificial intelligence; connected, smart factories of the future; manufacturing systems engineering: agile, flexible, reconfigurable; digital assistance systems: augmented reality and virtual reality; circular products design and engineering; circular, green, sustainable manufacturing; environmental and social lifecycle assessments; socio-cultural aspects in production systems; data-driven manufacturing and services operations management; product-service systems in DSN; and collaborative design and engineering Part II: the Operator 4.0: new physical and cognitive evolutionary paths; digital transformation approaches in production management; digital transformation for more sustainable supply chains; data-driven applications in smart manufacturing and logistics systems; data-driven services: characteristics, trends and applications; the future of lean thinking and practice; digital lean manufacturing and its emerging practices; new reconfigurable, flexible or agile production systems in the era of industry 4.0; operations management in engineer-to-order manufacturing; production management in food supply chains; gastronomic service system design; product and asset life cycle management in the circular economy; and production ramp-up strategies for product

Manufacturing Cost Policy Deployment (MCPD) and Methods Design Concept (MDC)

Alin Posteuca,Shigeyasu Sakamoto
Manufacturing Cost Policy Deployment MCPD and Methods Design Concept MDC Book PDF

Author : Alin Posteuca,Shigeyasu Sakamoto
Publisher : CRC Press
Page : 402 pages
File Size : 41,9 Mb
Release : 2017-03-27
Category : Business & Economics
ISBN : 9781498785587

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Manufacturing Cost Policy Deployment (MCPD) and Methods Design Concept (MDC) by Alin Posteuca,Shigeyasu Sakamoto Pdf

Providing a reasonable level of profitability through productivity is - and will remain - one of the fundamental tasks of the management teams of any production company. Manufacturing Cost Policy Deployment (MCPD) and Methods Design Concept (MDC): The Path to Competitiveness contains two new methodologies to improving the productivity and profitability of production systems that continuously increase competitiveness: Manufacturing Cost Policy Deployment (MCPD) and Methods Design Concept (MDC). Both MCPD and MDC are the result of long-time synthesis and distillation, being implemented successfully, totally or partially, in many companies. The MCPD system, developed by Alin Posteucă, is a manufacturing cost policy aimed at continuous cost improvement through a systemic and systematic approach. The MCPD is a methodology that improves the production flow driven by the need for Manufacturing Cost Improvement (MCI) for both existing and future products through setting targets and means to continuously improve production process productivity for each product family cost. The MDC, developed by Shigeyasu Sakamoto, design the effective manufacturing methods using a tool of engineering steps identifying ideas for increasing productivity called KAIZENSHIRO (improvable value as a target). The MDC results on production methods lead to effectiveness of work measurement for performance (P) and to knowledge and improvement of production control and planning as utilization (U), in order to achieve labor target costs. The combination of MCPD and MDC methodologies can provide a unique approach for the managers who are seeking new ways for increasing productivity and profitability to increase the competitive level of their manufacturing company.

Advanced Controls for Intelligent Buildings

Siddharth Goyal
Advanced Controls for Intelligent Buildings Book PDF

Author : Siddharth Goyal
Publisher : CRC Press
Page : 270 pages
File Size : 41,7 Mb
Release : 2021-07-04
Category : Computers
ISBN : 9781000401097

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Advanced Controls for Intelligent Buildings by Siddharth Goyal Pdf

This book focuses primarily on both technical and business aspects needed to select, design, develop and deploy control application (or product) successfully for multiple components in building systems. Designing and deploying a control application require multiple steps such as sensing, system dynamics modelling, algorithms, and testing. This may involve choosing an appropriate methodology and technique at multiple stages during the development process. Understanding the pros and cons of such techniques, most importantly being aware of practically possible approaches in the entire ecosystem, is critical in choosing the best framework and system application for different parts of building systems. Providing a wide overview of the state-of art in controls and building systems, providing guidance on developing an end-to-end system in relation to business fundamentals (distribution channels, stakeholders, marketing, supply-chain and financial management), the book is ideal for fourth-year control/mechanical/electrical engineering undergraduates, graduate students, and practitioners including business leaders concerned with smart building technology.

Manufacturing Cost Policy Deployment (MCPD) Transformation

Alin Posteuca
Manufacturing Cost Policy Deployment MCPD Transformation Book PDF

Author : Alin Posteuca
Publisher : Taylor & Francis
Page : 304 pages
File Size : 52,5 Mb
Release : 2018-01-31
Category : Business & Economics
ISBN : 9781351603799

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Manufacturing Cost Policy Deployment (MCPD) Transformation by Alin Posteuca Pdf

Achieving a long-term acceptable level of manufacturing profitability through productivity requires the total commitment of management teams and all staff in any manufacturing company and beyond. Awareness and continuous improvement of manufacturing costs behind losses and waste is the core goal of the Manufacturing Cost Policy Deployment (MCPD). Achieving this goal will continually uncover the hidden reserves of profitability through a harmonious transformation of the manufacturing flow, coordinated by the continuous need to improve manufacturing costs. Setting annual targets and means for manufacturing costs improvement (more exactly for costs of losses and waste, and the exact fulfillment of these) requires mobilization of all people in the company to carry out systematic improvement activities (kaizen) and systemic improvement actions (kaikaku) of the processes of each product family cost. The MCPD system was born out of careful observation of the challenges, principles, and phenomena of manufacturing companies and the profound discussions with the people in these companies at all levels. Manufacturing Cost Policy Deployment (MCPD) Transformation: Uncovering Hidden Reserves of Profitability is organized in three sections. The first section presents the concept and the need for an MCPD system from a managerial perspective. In the second section, the transformation of manufacturing companies through the MCPD system is presented, more precisely the details of the initial steps of the implementation of the MCPD, the three phases and the seven steps of the MCPD, and the elements necessary for a constant and consistent application of the MCPD. In the last section, there are two examples of the MCPD implementation in two different types of industries, namely, manufacturing and assembly industry and process industry, and two case studies for the improvement of manufacturing costs for each (cost of equipment setup loss, using kaizenshiro; replacement of bottleneck equipment and associated costs of losses, using kaikaku; cost of quality losses with improving operators’ skills to sustain quality, using kaizen; and cost problem solving with the consumption of lubricants for one of the equipment, using A3).

Cost Engineering

Chris Domanski
Cost Engineering Book PDF

Author : Chris Domanski
Publisher : CRC Press
Page : 123 pages
File Size : 45,7 Mb
Release : 2020-04-28
Category : Technology & Engineering
ISBN : 9781000047837

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Cost Engineering by Chris Domanski Pdf

In today’s hyper-competitive, global marketplace, a manufacturing company needs a competitive edge if it is to survive and grow. That edge could be anything from superior manufacturing technology to innovative product design; from patent protection to solid, well-established customer relationships. One competitive edge available to all manufacturers, but realized by only a few, is the ability to accurately measure, control, and optimize costs throughout a product’s entire life cycle. The lack of a methodology to engineer cost optimization into every product makes attaining and maintaining profitability all that the more difficult. Cost Engineering provides a means for a manufacturer to achieve and sustain profitability by designing and manufacturing products to specific cost requirements. It incorporates a variety of proven methodologies including cost estimating, cost control, and cost optimization. Features:  Describes the components and organization of an effective cost optimization process  Provides detailed explanations of cost estimating techniques for many of the most common manufacturing processes  Explains the selection and use of appropriate cost allocation methods  Presents the fundamentals of cost-based negotiation  Includes both proper and improper executions of cost engineering principles The details presented in this book are important to design engineers, manufacturing engineers, buyers, accountants, cost estimators, cost optimization specialists, and their managers and provides CEOs, COOs, general managers, product line managers, and plant managers with guidance on improving and sustaining profitability. .

Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

Kim H. Pries,Jon M. Quigley
Reducing Process Costs with Lean Six Sigma and Value Engineering Techniques Book PDF

Author : Kim H. Pries,Jon M. Quigley
Publisher : CRC Press
Page : 367 pages
File Size : 51,7 Mb
Release : 2012-12-13
Category : Business & Economics
ISBN : 9781439887257

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Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques by Kim H. Pries,Jon M. Quigley Pdf

A company with effective cost reduction activities in place will be better positioned to adapt to shifting economic conditions. In fact, it can make the difference between organizations that thrive and those that simply survive during times of economic uncertainty. Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques covers the methods and techniques currently available for lowering the costs of products, processes, and services. Describing why cost reductions can be just as powerful as revenue increases, the book arms readers with the understanding required to select the best solution for their company’s culture and capabilities. It emphasizes home-grown techniques that do not require the implementation of any new methodologies—making it easy to apply them in any organization. The authors explain how to reduce costs through traditional Lean methods and Lean Six Sigma. They also present Six Sigma cost savings techniques from Manufacturing Six Sigma, Services Six Sigma, and Design for Six Sigma. The book also presents optimization techniques from operations research methods, design experiment, and engineering process control. Helping you determine what your organization’s value proposition is, the text explains how to improve on the existing proposition and suggests a range of tools to help you achieve this goal. The tools and techniques presented vary in complexity and capability and most chapters include a rubric at the start to help readers determine the levels of competence required to perform the tasks outlined in that chapter.

Manufacturing Cost Policy Deployment (MCPD) Profitability Scenarios

Alin Posteuca
Manufacturing Cost Policy Deployment MCPD Profitability Scenarios Book PDF

Author : Alin Posteuca
Publisher : CRC Press
Page : 251 pages
File Size : 40,5 Mb
Release : 2018-10-09
Category : Business & Economics
ISBN : 9781351015738

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Manufacturing Cost Policy Deployment (MCPD) Profitability Scenarios by Alin Posteuca Pdf

This book shows how to consistently obtain annual and multiannual manufacturing target profit regardless of the evolution of sales volumes, increasing or decreasing, using the Manufacturing Cost Policy Deployment (MCPD) system. Managers and practitioners within the manufacturing companies will discover a practical approach within the MCPD system that will help them develop and support their long-term, medium-term, and short-term profitability and productivity strategy. The book presents both the basic concepts of MCPD and the key elements of transforming manufacturing companies through MCPD system, as well as supporting the consistent growth of external and internal profit by directing all systematic and systemic improvements based on meeting the annual and multiannual Manufacturing Cost Improvement (MCI) targets and means for each Product-Family Cost (PFC). This book is unique because it presents two types of systematic and systemic improvement projects for MCI that have been applied over the years in various multinational manufacturing companies operating in highly competitive markets, in order to address the consistent reduction of unit manufacturing costs by improving the Cost of Losses and Waste (CLW). Readers will discover the practical approach of MCI based on a structured approach to MCPD system beyond the traditional approach to manufacturing improvements based mainly on improved time and quality. Therefore, from the perspective of the MCPD system, the multiannual manufacturing target profits are met while the annual and multiannual manufacturing target costs are a predetermined stake and not a result of the improvements already made.

Advances in Social and Organizational Factors

Peter Vink
Advances in Social and Organizational Factors Book PDF

Author : Peter Vink
Publisher : CRC Press
Page : 844 pages
File Size : 42,5 Mb
Release : 2012-07-17
Category : Technology & Engineering
ISBN : 9781439870198

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Advances in Social and Organizational Factors by Peter Vink Pdf

An exploration of how ergonomics can contribute to the solution of important societal and engineering challenges, Advances in Social and Organizational Factors discusses the optimization of sociotechnical systems, including their organizational structures, policies, and processes. It includes coverage of communication, crew resource management, work design, design of working times, teamwork, participatory design, community ergonomics, cooperative work, new work paradigms, organizational culture, virtual organizations, telework, and quality management. The book provides research on urban infrastructures and how to shape urban spaces, including stadiums and museums. It covers warning systems in cars, voice-based interfaces, and the positive effects on manufacturing processes available from health informatics and management systems. Several chapters examine the role human factors can play in counter-terrorism efforts and in interpreting deceptive behaviors. They provide suggestions on how to improve enterprise resource planning systems and stress the importance of lifelong learning, personalized learning, and work-life balance. The book also highlights issues with special populations, detailing how to design and adapt products and work situations for these groups. In addition to exploring the challenges faced in optimizing sociotechnical systems, the book underlines themes that play a role in all the challenges and how they are linked to each other. It concludes with an exploration of emotional ergonomics and the important positive effects of making people happy and healthy. With chapter authors from around the globe, the book supplies a broad look at current challenges and possible solutions.

Manufacturing Delivery Performance Improvement

Joseph Berk
Manufacturing Delivery Performance Improvement Book PDF

Author : Joseph Berk
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 41,7 Mb
Release : 2012-07-06
Category : Industrial efficiency
ISBN : 1478179465

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Manufacturing Delivery Performance Improvement by Joseph Berk Pdf

Are you a behind-schedule manufacturer? Are you tired of the empty (and expensive) promises from the software and consulting companies? Manufacturing Delivery Performance Improvement cuts through all the three-letter acronyms and phony fads to get to the heart of what it takes to deliver manufactured products on schedule. Written by a manufacturing manager with hands-on, real-world experience in turning around delinquent manufacturing organizations, this book focuses on seven critical factors for recovering and staying on schedule. There's no baloney here. It's the real deal written by someone who has been there. If you want to get and stay on schedule, Manufacturing Delivery Performance Improvement is a "must read" book!

Vehicle and Automotive Engineering 2

Károly Jármai,Betti Bolló
Vehicle and Automotive Engineering 2 Book PDF

Author : Károly Jármai,Betti Bolló
Publisher : Springer
Page : 801 pages
File Size : 51,9 Mb
Release : 2018-05-09
Category : Technology & Engineering
ISBN : 9783319756776

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Vehicle and Automotive Engineering 2 by Károly Jármai,Betti Bolló Pdf

This book presents the proceedings of the second Vehicle Engineering and Vehicle Industry conference, reflecting the outcomes of theoretical and practical studies and outlining future development trends in a broad field of automotive research. The conference’s main themes included design, manufacturing, economic and educational topics.

Cost Reduction Analysis

Steven M. Bragg
Cost Reduction Analysis Book PDF

Author : Steven M. Bragg
Publisher : John Wiley & Sons
Page : 342 pages
File Size : 40,9 Mb
Release : 2010-04-13
Category : Business & Economics
ISBN : 9780470622476

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Cost Reduction Analysis by Steven M. Bragg Pdf

Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made. Delves into process analysis, to determine where excess resources are being used in a business process Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs Shows how to create and use a spend management system to reduce procurement costs Shows how just-in-time systems can be used to eliminate inventory costs Cost Reduction Analysis: Tools and Strategies provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.

Information Technology for Manufacturing

Kevin Ake,John Clemons,Mark Cubine,Bruce Lilly
Information Technology for Manufacturing Book PDF

Author : Kevin Ake,John Clemons,Mark Cubine,Bruce Lilly
Publisher : CRC Press
Page : 328 pages
File Size : 50,6 Mb
Release : 2003-11-24
Category : Business & Economics
ISBN : 9780203488713

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Information Technology for Manufacturing by Kevin Ake,John Clemons,Mark Cubine,Bruce Lilly Pdf

The rate of change in manufacturing today is faster than ever. Retailers and consumers demand flexibility and responsiveness, regulatory oversight is on the rise, and increasing consolidations require companies to demonstrate cost and efficiency improvements. Information Technology for Manufacturing describes how IT can help manufacturers e