Practical Manufacturing Productivity & Cost Improvement Process Central

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