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True Expertise to drive the organization toward improvement of overall business performance
Profitability is based on the combined performance of manufacturing resources. Assessing manufacturing resources utilization is crucial to reach higher levels of improvements. This course aims to equip the student with the appropriate techniques to identify and bridge the current gaps so as to maximize utilization of resources to levels exceeding management expectations.
This course provides clear analysis of correct cost management planning and its integration. It discusses potential changes required by the organization in order to manage and improve cost deviations in their efforts to achieve target unit prices and profitability goals.
With the approach of IR4.0, the manufacturing industry will require increasingly talented professional engineers capable of designing creative, innovative and efficient manufacturing environments that enable manufacturers to take advantage of economies of scale with flexible engineered processes. Traditional work-study functions and target assumptions will no longer be sufficient. To stay competitive, factories will need value-engineering thinkers able to analytically support their operations.
This course provides a baseline guide to enhance understanding of the necessary strategies supporting change and the achievement of those goals by designing a manufacturing platform that allows an organization to gain significant competitive edge. The course helps to visualize potential cost reduction and its sustainability. Also covered are other possibilities for manufacturing costs reduction, future improvement plans and other directions for moving forward.
Companies aiming for success must stop believing in piecemeal approaches towards improvement or relying on conventional assumptions to drive change. The organization needs to analyze all its needs and what it takes to reach those needs. This course will guide leaders in all the strategic steps necessary to take prior to any Lean engagement and the methodology required to formulate an overall plan of the organization’s manufacturing resources in order to lead successful change.
Package Cost: USD 125
Tutorial: 14 hours
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