Introduction:
Manufacturing remains a critical force in both advanced and developing economies. Now is the ideal time to rethink your manufacturing operations and optimize it to the best. Join us to learn how to reduce your cost in manufacturing and evolve your organization as a whole. The workshop will help the participants to understand and learn about the rationale required for a cost reduction strategy, how to apply core tools of lean manufacturing in their business, methods of implementing cost reduction measures, the cost reduction techniques and many more. In this course, we will explore all the different strategies for the organisation to reduce its costs starting with increasing productivity, then cutting costs everywhere in the organisation.

Objectives:
This workshop aims to impart the knowledge, skills and attitude needed to rollout products and services at a cost lower than before.

Contents:
Importance of adopting Cost Reduction in Manufacturing Operations Method
Learning from Cost Reduction in Manufacturing Operations is defined: Focused observation of Current Working Conditions of Man, Method, Material & Machine Collecting Primary Data, then Analyzing with Standards & Specifications
Prerequisites for conducting Cost Reduction in Manufacturing Operations: All to join from H.O.D. to Line Managers to Supervisors to Process Operators + Silent Observation & Noting + No Judging + No Comments + Fixed Point Photography
How to Operationalize Cost Reduction in Manufacturing Operations in Designing a Process – Next bring all above Real Time Data & Note with 4 Ws & 1 H = Why + What + Where + When & How to use Data for making Improvements

Fundamentals of Cost Reduction in Manufacturing Operations
How to Initiate Cost Reduction in Manufacturing Operations in 4 Steps: All Reals Data Collected by All Members as above will be understood by Departmental + Cross Functional Teams + Follow the P.D.C.A. Steps (Plan Do Check Act)
Deployment of CRMO. in next 4 Steps of S.D.C.A. (Standardize Do Check Act) for total Strategic Manufacturing Situation
Plotting of Process from UpStream to DownStream: Receipt of Material to Processing to Q.A. on line Checking to Packing to Shipping, to Invoicing

Formalizing Cost Reduction in Manufacturing Operations Culture
Integrating Co. Vision with Departmental Action Plans for Cost Reduction in Manufacturing Operations implementation
Designing Cost Reduction in Manufacturing Operations in Customized Method at the Manufacturing as Unique Analyzer + Solution Finder – for Project Working & Structured Problem Solving
Understanding the “S” Graph of Working. at Performance Level. Identify what is Value Adding (V.A) & what is Non Value Adding (NVA), Understand Formula of “DOWNTIMES”

Cost Reduction in Manufacturing Operations Working Skills+ Expected Outputs
Cross Functional Participation for Objectivity in Facing Business Challenges: Team Work, Non Blaming Culture + Choosing ‘What Unit Wishes to Achieve to Comparing with Existing Conditions to Aligning with Company Vision + Mission + Goals & Becoming Customer Centric
Devising Specific Approach for Devising Quality Solutions at Work
Understand Collaborative Concept of Synergetic Working
Guidance Notes will be given regarding: The Key Principles of Cost Reduction in Manufacturing Operations to apply on Principal Real Situations at – Stores + Process Line +Utilities Areas + Q.A. Testing Stations + F.G. Stores + Dispatching. Identify: Muda + Mura + Muri

IITD Sr. Expert Faculty:
Highly experienced faculty from Indian Institute of Training & Development will conduct this training. The training sessions will provide participants an opportunity to discuss specific problems with the expert faculty.

Medium: English/ Hindi/ Marathi

Fees and Registration:
Rs. 3,000 + GST 18% per person.
Rs. 2,800 + GST 18% per person for a group of Three to Four participants.
Rs. 2,600 + GST 18% per person for a group of Five or more participants.
Kindly provide details for registration to Email: iitdpune@gmail.com & rajiv@iitdworld.com; Name of the Program, name of the participants, company name, GST no., contact details.

Certification:
Digital Certificate of Participation will be provided to all the participants.