Focus Areas

• Overview Of Business – Current situation
• How Operations can add value and create profit for the organization
• Basic concepts in Operations
• Techniques to improve Quality and in turn reduce cost and improve productivity
• Use of technology for cost reduction
• Use of technology to improve Delivery to the customers
• How to build Strategy in Operations (Fast Track Strategy) and technique of BSC
• Discuss an implementation plan for the improvements chosen by the participants in their organizations

Background

The economic downturn, which the world is facing post the pandemic COVID 19, has put costs under tremendous pressure. Organizations will have to make every possible effort to reduce cost. At the same time, the cash flows will be strained and therefore, Operations will have to make efforts for WIP reduction, optimize on the human resource and improve productivity to achieve the highest Return on Investment

The competition will grow and all the players will try to garner as much market share as possible.  The Operations function of the future will have to use best practices. Those who will take the path of using the latest techniques and technology have the best chance to survive and grow.  At the same time the organizations will have to make sure that they understand the basics in place before embarking and investing in any new technology. Hence survival of the quickest will lead to the growth of the organizations. 

Despite of the turbulent and uncertain market conditions, it is necessary to keep growing. Using the best available proven techniques and the technology is absolutely necessary to embark upon these challenges in the market.

Quality, Cost and Delivery are the 3 most important aspects where the organization has to try and achieve excellence. This programme will provide you with the basics as well latest best in class techniques in Operation function to put you on the path to success.

Keeping this in view, Indian Machine Tool Manufacturers' Association (IMTMA) is organizing an online programme on “Operational excellence through QCD improvement”.

Key Takeaways

After undergoing the programme, the participants will be able to:

1. Participants will be able to identify parameters for improvement
2. Expand on the chosen initiatives and make action plan
3. Gather elements necessary to make an implementation for the improvements for their respective organizations

Enquire About This Programme