Industrial Engineering of Supply Chains
The cost reduction effort on any system will involve simplification effort. Systems are made complex by functional designers by adding various features. Industrial engineers in their quest for efficiency need to examine the contribution of various complex features to the profit potential of the system and need to simplify where needed.
Simplification Area Tools
The product portfolio Rationalization & Product Portfolio Planning
The product design Design for Manufacturability
Part and raw material variety Standardization
Manufacturing processes Lean, continuous flow mfg.
WIP inventory Just-in-time
Finished goods inventory Build-to-Order
The distribution network BTO & ship direct
Order entry Configurators & data links
The vendor base Vendor/Partnerships
Supply chain logistics Product line rationalization
Product design for lean production
Standardization
Books
The Supply Chain Cost Management: The Aim & Drive Process for Achieving Extraordinary Results
Hardcover: 256 pages
Publisher: AMACOM (October 31, 2007)
Language: English
ISBN-10: 0814474756
ISBN-13: 978-0814474754
Topics
• identify critical costs in the supply chain
• measure secondary and tertiary costs
• develop strategic options
• reduce, change, or eliminate activities that produce costs
• implement an action plan
• verify the plan with cost monitors
• continually improve and modify the process
References
Excerpts from the Book: Build-to-Order & Mass Customization, David M. Anderson
http://www.halfcostproducts.com/scm_cost_reduction.htm
Original Knol - 460
Wonderful tips, very helpful well explained. Your post is definitely incredible.
ReplyDeleteBest BCA College in Noida
Many people do not realize just how much technology that they use each and every day. We are a world that is literally run off of the technology that we have created over the past 100 years. As the years have gone by, technology that progressed and we have been able to live our lives a whole lot easier. Here are a few ways that you can take a look at technology and truly see how it can improve your life. get redirected here
ReplyDelete