Abstract

The competitive manufacturing scenario demands product at less cost and at highest quality. To deliver the products to customer at highest quality with less cost every organization has to optimize their resources. To achieve this task organizations are trying to reduce wastages at each stage of manufacturing. Lean manufacturing is a philosophy which mainly focuses on identifying and eliminating wastages from each step in the production chain of the product. Lean tools can help manufacturing organizations to have check on wastages. Value Stream Mapping (VSM) is one of the important lean tools which provide a broader picture of material and information flow starting with raw material and ending with the customer. This paper presents use of VSM in medium scale manufacturing organization. Implementation of VSM leads to saving of 47.62 shifts i.e. Saving of 336 hours per year. The total annual saving of INR 100 800 is achieved by company.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.