Practical Manufacturing Productivity & Cost Improvement Process SMF Centre for Corporate Learning
Price: SGD 556
  • Duration: 2 Days

Course details

Today, we have the knowledge and experience needed for the successful management of organization however there is probably no field of human endeavor where the always tremendous gap between the knowledge and performance of great organizations and the knowledge and performance of the average is wider or more intractable. Taking a closer look at the demise of organizations, it is argued that issues relating to productivity and/or cost improvement results are a main cause. This programme aims to narrow the gap.

PROGRAMME OBJECTIVES

Upon completion of the programme, participants will be able to:

  1. Understand the concept, the process and functions of productivity and cost, and to review their role within the organization
  2. Obtain vital perspective in the concept of Value Add
  3. Compare and benchmark organization performance with others (regardless of industries) nationally, regionally and internationally
  4. Manage cost better with better focus
  5. Acquire knowledge on better understanding of subordinates and superiors

PROGRAMME OUTLINE

  1. Definition and concept of productivity
  2. The understanding of a “good target” or BDP
  3. Smart, Realistic and Challenging targets
  4. The role of attitude in Performance Matrix
  5. Introduction to team
  6. The handling of teams
  7. Human side of management – from Mayo’s lens
  8. Survey on the differences between the “wants” of subordinate-superior
  9. The causes of subordinates’ problems
  10. The analyses of M factors: hierarchy, intrinsic/extrinsic, and expectancy
  11. The use of M factors in solving problems
  12. Work measurement in enhancing productivity
  13. Time study
  14. A model for practical allowances
  15. Quality Assurance and Control
  16. Effective utilisation of QC Tools
  17. The concept of fool-proofing
  18. Comparison between prevention and inspection
  19. Kaizen and continuous improvement
  20. Ideas and Practices in Kaizen
  21. Benefits of Kaizen implementation
  22. Relationship between productivity and cost
  23. The international concept of VA in cost and productivity improvement
  24. Advantages of VA
  25. The linkage of VA with 4Ms and beyond in cost control
  26. The 6 major indicators in productivity and cost management
Updated on 17 August, 2015

About SMF Centre for Corporate Learning

The Singapore Manufacturing Federation (SMF), formerly known as the Singapore Manufacturers' Association, was first established in 1932. Its main aim is to champion the Singapore manufacturing sector. With a membership of over 2,800 corporate members ranging from MNCs to SMEs, SMa carries out a myriad of activities to enhance the competitive edge of our members.

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