“We can save ₹8 per piece if we switch suppliers.” The Purchase Manager expected everyone to agree. Instead, the Plant Head asked one question: “How much will we really save?” The supplier’s price was lower. But there was a catch. The new supplier delivered in larger batches. That meant more inventory. Their lead time was […]
KIE Factory Stories: Why Did the Purchase Manager Reject the Cheaper Supplier? Read More »
“Just increase the speed.” That was the Plant Manager’s answer. The customer order had increased, and the factory was struggling to meet the target. The team increased the machine speed. Output went up. Everyone was happy. For a while. Then the rejection rate started climbing. Operators were rushing. Minor breakdowns became frequent. Rework increased. By
“We have always done it this way.” The sentence came up three times during the meeting. The team was discussing a process that required six approvals before a job could move to production. Nobody could explain why all six were still necessary. So they went looking. Approval 1 was added after a quality issue ten
In an organization, a General Ledger (GL) is a key component of the overall accounting system. General Ledger is a centralized record-keeping system that contains all the financial transactions of a company. The GL serves as a central repository for tracking and reporting financial information, and it plays a crucial role in the manufacturing industry
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Electricity is distributed from the Generating Station to the equipment or machinery or lights of factories through 18 vital components.
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Really is there any difference between productivity and efficiency ?, What is productivity?, What is efficiency?, Formula connecting productivity and efficiency, Relationship between productivity and efficiency, Example demonstrating the relation between productivity and efficiency, etc. We will discuss all here in detail. Before we move in to our subject, we need to know more about
In this article I will explain how to calculate the manpower cost you have saved by implementing some improvements in an operation. Suppose the present output of an operation is 120 per hour. One manpower is allocated for doing the operation. And you have done some improvement in the operation and increased the hourly output
I have an old laptop bag, which I am using it for last 6 years. This bag has three compartments one big compartment where I put my lap top and two other small compartments. The large compartment zip has two zipper for closing the compartment. Since the large compartment has two zipper it can be
