Research Paper | Industrial Engineering | India | Volume 4 Issue 4, April 2015
Study and Analysis of Cost Reduction Techniques by Scrap Utilization of Press Part Production: A Case Study of Stamping Unit
Anuroop Athalye, Pankaj Gera, Dr. A.R. Madan
In this paper, industrial engineering and management tools like TQM, TPM, JIT, Value Analysis & Value Engineering, Lean manufacturing, Kaizen etc. have been studied and analyzed for cost reduction in a specific production process of an auto ancillary industrial firm. For this a case study was performed on sheet metal stamping process of LCV/HCV body parts at XYZ Company at Pithampur (Indore) M.P.. A survey in interview form was conducted among managerial and engineering professionals from various similar type industries. The survey is based on cost reduction techniques, related challenges, market role etc. Attempts have been made to investigate the role of vendors in cost reduction and the problems faced from their side. Application of job plan in investigating the problems in waste management by scrap utilization has also been studied. The outcomes have been analyzed and discussed in details.
Keywords: Cost reduction, waste management, scrape utilization, Kaizen
Edition: Volume 4 Issue 4, April 2015
Pages: 3247 - 3252
How to Cite this Article?
Anuroop Athalye, Pankaj Gera, Dr. A.R. Madan, "Study and Analysis of Cost Reduction Techniques by Scrap Utilization of Press Part Production: A Case Study of Stamping Unit", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SUB15187, Volume 4 Issue 4, April 2015, 3247 - 3252