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Training on
‘Productivity Enhancement with Cost Optimisation’
- A CII Certificate Programme
19 - 22 July 2022: 2 PM - 6 PM (16 Hours; 4 Days, 4 Hour a day): Over Virtual Platform
Resources like Man, Material, Machine, Money, Space, Time is not unlimited and overall, they are costly in most organizations. Hence getting maximum from the limited or minimum resources is the priority of all organizations irrespective of type or products or service, size, location. Productivity is the indicator to know how well you are becoming more and more efficient by getting more output from the limited resources or the inputs at our disposal. That is the key to both survival and growth.
Productivity impacts almost all operational performance requirements like Capacity utilization, Cost of Goods sold, Lead Time, on time, Inventory Turns etc. Business benefits like Increased Profitability, ROCA, Market share and Cash flow will be the outcome of higher productivity. Productivity indicates how good your processes are in terms of effectiveness and efficiency. Hence, it is the responsibility of Productivity Improvement specialists in every organization to identify opportunities of Productivity improvement in the entire Supply chain and apply right tools and best practices to achieve the same.
Reducing cost is not cutting corners. This approach has severe limitation and will do more harm than good in medium to long term. Instead of that, focus on Strategic cost reduction, by developing a Manufacturing system that will optimise processes with minimal use of resources (4 M) to produce defect free products in the shortest possible time with least amount of left over. Productivity improvement with strategic cost reduction will ensure continuous Value enrichment for all its stakeholders (Investors, Customers, Partners, Employees, Society).
It is more imperative today when many organizations are struggling for profitability and Government of India is prioritizing ‘Atmanirbhar Bharat’ for both local consumptions and global supplies. A nation’s standard of living is determined by the productivity of its economy, which is measured by the value of its goods and services produced per unit of the nation’s human, capital, and natural resources.
Keeping this in view, CII is organizing a 16-hour certification programme - ‘Productivity enhancement with cost optimisation’.
Key Take Aways
After undergoing the programme, the ‘Certified Productivity Improvement specialists’ will be able to:
· Identify various losses and wastages that reduces productivity.
· Understand the bottleneck in the value chain.
· Understand how improved productivity can reduce cost and improve profitability and customer satisfaction.
· Take up and drive right Productivity improvement projects, initiatives, tools to reduce Cost.
· Understand right strategies and apply various best practices and tools to improve productivity.
· Use the training materials and various examples as reference for implementation.
Course Contents
· Definition and measurement of Productivity.
· Purpose and benefits of Productivity improvement.
· Productivity Improvement strategies.
· Effective Workplace Organization
· Good Safety Management Practices, Job Safety Analysis
· Waste Reduction (Muda, Muri, Mura)
· 16 Losses, Loss Cost Matrix
· OEE (Overall Equipment Effectiveness)
· SMED – Set up reduction
· Basics of Constraint Management with Constraint analysis worksheet
· Standard Work, Line Balancing
· Kanban Pull, how it works
· Kaizen, Kaizen event
· Autonomous Maintenance
· And-On, Stop and Fix culture and response to abnormalities
· Understanding and reducing Process Variation
· Basic Problem-solving tools
· Mistake Proofing (Poka-yoke)
· Time and Work study, Motion analysis
· Competency Mapping, Skill Matrix, Multi-skill
· 5R for Waste reduction
· Employee Engagement
· Gemba Management,
· DWM – Daily Work Management
· Toyota A3 Improvement Project Management process.
· Concept of ‘Cost of Quality’.
· Calculation of Financial Benefits from various Productivity Improvement Tools
· Understanding of Profit and Cost
· Basics of Product costing
· Understanding Breakeven point, reduce Breakeven point to improve profitability
· Understanding P & L statement, effect of higher productivity.
· Contribution by Sales and Design for Manufacturing Cost reduction
· Cost reduction self-assessment
· Right KPIs to drive cost reduction
· What next
Who should attend?
Engineer and Executives (minimum 3 years of Industry experience), Junior to Senior level Managers, HODs from Production, Planning, SCM, Quality, Maintenance, Manufacturing engineering, Design and Development.
People working in companies, Factory owners.
Relevant companies: Any organization irrespective of type of products, size, market, etc.
Faculty
Subrata Mitra Majumdar, is a Management and Operational Excellence Consultant and a faculty of CII IQ. He is a Mechanical Engineer from Bengal Engineering College, Shibpur”, Calcutta in 1986, Six sigma Master Black Belt, Lean Black Belt, TQM trained in Japan, CII Exim Business Excellence Assessment from CII IQ.
He has about 33 years of regional and global experience in multiple executive roles in Business management, Profit & Loss Management, Strategy, Operations, Quality, Safety and Environment Management, Supply Chain, New Product Development, Enterprise Operating system deployment, Operational and Business Excellence.
He has worked with both Indian and MNCs like Anand Automotive, ABB, Saint Gobain, TATA Autocomp, Kennametal and YG1. Some of the key positions held in my career are Quality, EHS and WCM head in Saint Gobain-Grindwell Norton Abrasives, Corporate Quality and Operational Excellence head in TATA Autocomp, Asia Pacific Operational Excellence head in Kennametal, Group Vice President Operations in Birla Precision, Global Mfg Improvement head & Managing Director in YG Cutting Tools India Operations.
Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 5000 people so far in last 25 years and implemented TQM, Lean Manufacturing, Six Sigma, TPM, Operational Excellence at about 40 plants,12 countries in Asia and Europe. Led, coached, mentored more than 2000 improvement projects that have generated financial benefits (Top and Bottom line) of more than 40 Million USD.
Course Material
· Soft copies of Training Material and Case studies will be given after the training.
· As it is a Certificate programme, there will be an online Exam/Test after the training.
Programme Schedule
Date : 19 - 22 July 2022
Time : 2 PM – 6 PM
Duration : 16 Hours (4 Days, daily 4 Hours) Online.
Mode : Online - Cisco Webex
Participation Fee
· CII Member : INR 9,000/- plus GST
· Non-Member : INR 10,000/- plus GST
· Academia : INR 8,000/- plus GST
o 10% discount for 3 or more participants from the same organization.
o Registration fee is non-refundable. However, a change in nomination is accepted.
o Registration would be confirmed only against receipt of payment.
o Limited Seats, registration will be on first come-first serve basis.
o Sessions will be through Digital Platform, Cisco-WebEx.
o Successfully completed certificate will be issued after the completion of the 4 days session.