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Cost Reduction and Optimization for Manufacturing and Industrial Companies

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ISBN-10: 0470609575

ISBN-13: 9780470609576

Edition: 2010

Authors: Joseph Berk

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Description:

In today′s economic climate, the need to cut costs can be the difference between success and failure. This book covers all major cost reduction areas, providing easy to read examples and advice on steps to take. It provides the roadmap for implementing recommended actions with true and tried methods by taking a modern, all-inclusive look at manufacturing processes. Cost Reduction and Optimization for Manufacturing and Industrial Companies is the ideal "how to" guide for any manufacturing professional (engineers and executives alike) outlining what steps are needed to make dramatic improvements in product cost and quality. Any manufacturer who wants to be successful in today′s…    
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Book details

Copyright year: 2010
Publisher: John Wiley & Sons, Limited
Publication date: 3/12/2010
Binding: Hardcover
Pages: 272
Size: 6.40" wide x 9.60" long x 0.80" tall
Weight: 1.166
Language: English

Joseph Berk has over 25 years experience in the electronics, biomedical, aerospace, marine, ordnance, electro-optical, material handling equipment, recreational vehicle, and consumer goods industries. Mr. Berk is the author of several books on continuous improvement, as well as articles in National Defense, Contract Management, Test Engineering, Inland Business, PC World, Manage, and other publications. Mr. Berk is a California State Polytechnic University adjunct faculty member and an expert witness on product assurance, statistical analysis, and manufacturing issues. Mr. Berk has BS and MS degrees in mechanical engineering from Rutgers University and an MBA from Pepperdine University.

Introduction
Organizing a Cost-Reduction Program
Labor
Defining Headcount and Controlling Staff Growth
Developing and Implementing Time Standards
Measuring and Using Efficiency
Assessing Machine Utilization
Controlling Overtime
Making Multiple Shifts Productive
Finding and Reducing Lost Time
Using the Learning Curve to Drive Costs Down
Material
Make-versus-Buy Determinations
Inventory Minimization
Material Utilization
Minimizing Supplier Costs
Supplier Negotiation
Supplier Competition
Process Improvements
Workflow Optimization
Setup Time Reduction
Material-Handling Improvements
Scrap and Rework Reduction
Work Center Cleanliness
Design
The Design Approach
Requirements Relaxation
Tolerance Relaxation
Materials Substitution
Packaging
Overhead
General Overhead Expenses
Travel
Inspection
Gaining Disciples and Measuring Progress
Suggestion Programs
Measuring Progress
Index