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PRESENTED BY: ANOOP SINGH PRASHANT GAURAV RAHUL CHOUDHURY BFT-08
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Template
KAIZEN
KAI
(To change)
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Template +
ZEN
(make Good, make Better)
= KAIZEN
(Make it easier by studying it, and making the improvement through elimination of waste)
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KAIZEN
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Kaizen is primarily a reactive process where you "check" to see if anything is wrong, then go about fixing it. Kaizen is small incremental changes made for improving productivity and minimizing waste.
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Was incorporated in year 1995. Template Largest Apparel manufacturer for Indian market. Prateek Apparels is the biggest manufacturing house for some of the best brands globally such as Levis,
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IMPLEMENTING KAIZEN
SCOPE-
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The company is well furnished with cutting edge technology used in garment industry, such as CAD, optimized production system using assembly line flow, and using automatic machines in manufacturing. ERP modules for better information management 5s and other visual improvements implemented. further improvements could be incorporated with Kaizen.
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IMPLEMENTING KAIZEN
The competition in cost and lead times in market Template forces company to undergo lean with Kaizen tool. A long term experience of company in field of manufacturing will ensure better improvements with Kaizen tool, reason behind is presence of highly experienced workforce.
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The theory of Kaizen costing helps to optimize production cost to minimum, providing an edge in 01 market competition.
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KAIZEN IMPLEMENTATION
Define
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Meetings and conversations with management, Formation of an empowered Kaizen team, Conducting training sessions workshop, to explain Kaizen concepts for improvement.
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KAIZEN IMPLEMENTATION
Prepare- training sessions
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Variability control and
Explaining principles, concepts and problem solving tools used, eg.- Standardize-Do-Check-Act (SDCA), Plan-DOCheck-Act (PDCA), Concepts as-Quality first, recurrence prevention, 5s,
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KAIZEN IMPLEMENTATION
Explore and analyze
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then go to the work area to apply Key Concepts and write down improvement ideas (objectives). vote on priority of ideas under each concept, develop an action plan for the Key Concept ideas Analyze the feasibility of action plan.
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KAIZEN IMPLEMENTATION
Execute and record
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Execute action plan document improvements, present the project to management, and recognize team accomplishments.
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01 KAIZEN implementation
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KAIZEN COSTING
Process of Template cost reduction during the manufacturing phase of an existing product.
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Kaizen costing is the maintenance of present levels for products currently being manufactured via systematic efforts to achieve the desired cost level.
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KAIZEN COSTING
CONCEPT
Cost Focus Cost Mangagement Focus
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Template Based on Static
Condition Cost control. Compare actual cost to standard costs to meet standards.
TRADITIONAL
KAIZEN
Based on Dynamic Condition Continuously reduce costs based on cost reduction targets. Compare actual cost to kaizen targets.
Employee Focus
May be viewed as the Viewed as the source cause of unfavorable of continuous variances. improvement.
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The continualTemplate reduction of nonand relentless value-added activities and costs, the elimination of waste, and Improvements in manufacturing cycle time all contribute to the effort.
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In addition, the improvement suggestions and Template kaizen efforts of all employees are taken seriously and implemented when appropriate. The result is a continually more efficient and cost-effective production process.
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the product must be
Critical tool for management as it seeks to strategically design product ensuring low cost and competitive price.
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Product Specification
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Price Targets Profit Targets Cost Targets
Major Product/Process Changes
Does Design Meet Target Costs?
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Target Costing
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Execute & record 3-4 weeks Review Total time 24 weeks 33-34 weeks
Define
Prepare
1 week
4 weeks
LIMITATIONS Template
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May reduce quality of product due to use of cheap components which may be of inferior quality. Difficult to implement in a large scale process where analyzing the process takes a lot of time.
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THANK YOU