International Journal of Innovative Research and Development

Abstract

Maximizing profitability is the primary goal of all business ventures. Without profitability the business will not survive in the long run. Improvement in Productivity always indicate step towards optimum utilization of resources and to be competitive in this Global market. 

This case study is about improving production of a Cut-to-length unit of an integrated steel Industry. In this case study, we have applied theory of Constraints and identified the system constraints that are responsible for low production. Identification of Constraints has been done through Process mapping & Line Balancing of Defined system. For Process mapping, time study has been conducted to establish the standard time for elemental activities of cutting & related processes which are represented through Gantt chart. By analyzing Gantt chart, the activities which are of critical path and have potential for improvement are identified. We have suggested and implemented ideas using resource allocation, re-engineering and waste minimization which has resulted in increase in overall production capacity. We have also validated our suggestion and results using simulation through macro programming on Microsoft Excel 2010. The case study has given an opportunity to the Management to utilize optimum nos. of the resources with higher productivity and keep other resources as standby, resulting in the saving of manpower and other operating cost.

This case study will give an insight for developing an approach of Re-engineering & Resource planning which will results in better productivity and cost reduction.

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