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Cost Reduction and Optimization for Manufacturing and Industrial Companies

Cost Reduction and Optimization for Manufacturing and Industrial Companies PDF Author: Joseph Berk
Publisher: John Wiley & Sons
ISBN: 0470643803
Category : Science
Languages : en
Pages : 272

Book Description
Focuses on rapid implementation of practical, real-world cost reduction solutions In today's economic climate, the need to cut costs can be the difference between success and failure. Cost Reduction and Optimization for Manufacturing and Industrial Companies 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. Based on the author's cost reduction experience gained during 30 years of senior operations and consulting engagements with hundreds of organizations, this book includes easy-to-understand and easy-to-implement cost reduction concepts organized into five general areas --labor, material, design, process, and overhead. Each chapter: Dives into a cost reduction area and starts with the bottom line first by summarizing key points Provides proven tactics for cutting costs without a lot of extraneous data Follows a qualitative and design-oriented approach Emphasizes quick implementation and measurable cost reduction Identifies who in the organization should do the work Outlines risks and suggested risk mitigation actions Contains numerous tables, graphs, and photos to show the concepts described in the book Praise for Cost Reduction and Optimization for Manufacturing and Industrial Companies "In this introductory book, Berk not only takes a modern, all-inclusive look at manufacturing processes but also provides substantial coverage of engineering materials and production systems. It follows a more qualitative and design-oriented approach than other texts in the market, helping readers gain a better understanding of important concepts. They'll also discover how micro-economic conditions relate to the process variables in a given process as well as how to perform manufacturing science and quantitative engineering analysis of manufacturing processes." —Fred Silverman, Director Engineering of Hi-Shear Technology Corporation "Joe Berk has created a unique, practical and straightforward approach to cost reduction in manufacturing. This work provides valuable insights and concrete techniques, based on real-world experiences, to any manufacturing organization undertaking change to position itself to compete successfully in the global marketplace." —Joe Carleone, President and COO of American Pacific Corporation Check out author Joseph Berk's blog at http://manufacturingtraining.wordpress.com/

Cost Reduction and Optimization for Manufacturing and Industrial Companies

Cost Reduction and Optimization for Manufacturing and Industrial Companies PDF Author: Joseph Berk
Publisher: John Wiley & Sons
ISBN: 0470643803
Category : Science
Languages : en
Pages : 272

Book Description
Focuses on rapid implementation of practical, real-world cost reduction solutions In today's economic climate, the need to cut costs can be the difference between success and failure. Cost Reduction and Optimization for Manufacturing and Industrial Companies 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. Based on the author's cost reduction experience gained during 30 years of senior operations and consulting engagements with hundreds of organizations, this book includes easy-to-understand and easy-to-implement cost reduction concepts organized into five general areas --labor, material, design, process, and overhead. Each chapter: Dives into a cost reduction area and starts with the bottom line first by summarizing key points Provides proven tactics for cutting costs without a lot of extraneous data Follows a qualitative and design-oriented approach Emphasizes quick implementation and measurable cost reduction Identifies who in the organization should do the work Outlines risks and suggested risk mitigation actions Contains numerous tables, graphs, and photos to show the concepts described in the book Praise for Cost Reduction and Optimization for Manufacturing and Industrial Companies "In this introductory book, Berk not only takes a modern, all-inclusive look at manufacturing processes but also provides substantial coverage of engineering materials and production systems. It follows a more qualitative and design-oriented approach than other texts in the market, helping readers gain a better understanding of important concepts. They'll also discover how micro-economic conditions relate to the process variables in a given process as well as how to perform manufacturing science and quantitative engineering analysis of manufacturing processes." —Fred Silverman, Director Engineering of Hi-Shear Technology Corporation "Joe Berk has created a unique, practical and straightforward approach to cost reduction in manufacturing. This work provides valuable insights and concrete techniques, based on real-world experiences, to any manufacturing organization undertaking change to position itself to compete successfully in the global marketplace." —Joe Carleone, President and COO of American Pacific Corporation Check out author Joseph Berk's blog at http://manufacturingtraining.wordpress.com/

Cost-Efficient Design

Cost-Efficient Design PDF Author: Klaus Ehrlenspiel
Publisher: Springer Science & Business Media
ISBN: 3540346481
Category : Technology & Engineering
Languages : en
Pages : 560

Book Description
This is the first English edition of an established work on cost-driven product design and development. It offers tried and tested methods for understanding, influencing and reducing product costs. The methodology and organization of cost management, as well as the effects on each type of cost are described. Using this knowledge the product developer can assume responsibility for costs. There are numerous examples and detailed derivation of results.

Design for Manufacturability & Concurrent Engineering

Design for Manufacturability & Concurrent Engineering PDF Author: David M. Anderson
Publisher:
ISBN: 9781878072238
Category : Concurrent engineering
Languages : en
Pages : 436

Book Description


Product Design Methods and Practices

Product Design Methods and Practices PDF Author: Henry W. Stoll
Publisher: CRC Press
ISBN: 9780824775650
Category : Technology & Engineering
Languages : en
Pages : 404

Book Description
"Focuses on functional, aesthetically pleasing, mechanically reliable, and easily made products that improve profitability for manufacturers and provide long-term satisfaction for customers. Offers concrete, practical insight immediately applicable to new product design and development projects."

Cost Reduction Analysis

Cost Reduction Analysis PDF Author: Steven M. Bragg
Publisher: John Wiley & Sons
ISBN: 0470622474
Category : Business & Economics
Languages : en
Pages : 342

Book Description
Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made. Delves into process analysis, to determine where excess resources are being used in a business process Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs Shows how to create and use a spend management system to reduce procurement costs Shows how just-in-time systems can be used to eliminate inventory costs Cost Reduction Analysis: Tools and Strategies provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.

Design for Manufacturability

Design for Manufacturability PDF Author: David M. Anderson
Publisher: CRC Press
ISBN: 1482204940
Category : Business & Economics
Languages : en
Pages : 472

Book Description
Design for Manufacturability: How to Use Concurrent Engineering to Rapidly Develop Low-Cost, High-Quality Products for Lean Production shows how to use concurrent engineering teams to design products for all aspects of manufacturing with the lowest cost, the highest quality, and the quickest time to stable production. Extending the concepts of desi

Product Design for Manufacture and Assembly, Third Edition

Product Design for Manufacture and Assembly, Third Edition PDF Author: Geoffrey Boothroyd
Publisher: CRC Press
ISBN: 1420089277
Category : Technology & Engineering
Languages : en
Pages : 710

Book Description
Hailed as a groundbreaking and important textbook upon its initial publication, the latest iteration of Product Design for Manufacture and Assembly does not rest on those laurels. In addition to the expected updating of data in all chapters, this third edition has been revised to provide a top-notch textbook for university-level courses in product design and manufacturing design. The authors have added a comprehensive set of problems and student assignments to each chapter, making the new edition substantially more useful. See what’s in the Third Edition: Updated case studies on the application of DFMA techniques Extended versions of the classification schemes of the features of products that influence the difficulty of handling and insertion for manual, high-speed automatic, and robot assembly Discussions of changes in the industry such as increased emphasis on the use of surface mount devices New data on basic manufacturing processes Coverage of powder injection molding Recognized as international experts on the re-engineering of electro-mechanical products, the methods and guidelines developed by Boothroyd, Dewhurst, and Knight have been documented to provide significant savings in the product development process. Often attributed with creating a revolution in product design, the authors have been working in product design manufacture and assembly for more than 25 years. Based on theory yet highly practical, their text defines the factors that influence the ease of assembly and manufacture of products for a wide range of the basic processes used in industry. It demonstrates how to develop competitive products that are simpler in configuration and easier to manufacture with reduced overall costs.

Cost & Effect

Cost & Effect PDF Author: Robert S. Kaplan
Publisher: Harvard Business Press
ISBN: 9780875847887
Category : Business & Economics
Languages : en
Pages : 380

Book Description
Cost and Effect is written for the general manager, and explains activity-based costing systems. It focuses on creating integrated, knowledge-based systems that provide managers with meaningful information, not just data.

Product Design and the Supply Chain

Product Design and the Supply Chain PDF Author: Omera Khan
Publisher: Kogan Page Publishers
ISBN: 0749478241
Category : Design
Languages : en
Pages : 265

Book Description
Product design touches every aspect of modern life, determining the form and function of the products and technologies that we use every day. Product design is not just concerned with the appearance and functionality of products; it has an important role in determining the cost, pricing, risk and profitability profile of those products. Product Design and the Supply Chain shows how decisions taken at the design stage of a product's life cycle go on to affect that product's subsequent value to a company. Eighty percent of a product's eventual supply chain costs are already present at the early stages of product design and development. This book allows companies to make informed design decisions that have significant positive through-life implications for risk, complexity and responsiveness, thus allowing them to create a 'moat' that is difficult for competitors to sidestep or surmount. Product Design and the Supply Chain contains fascinating content applicable to industry. It is full of useful and insightful real-life cases and examples. This book sets out to show how design impacts: sales revenues, pricing, time to market, manufacturing and supply chain costs, supply chain risks, brand loyalty, and competitiveness.

Customer-Centric Cost Reduction

Customer-Centric Cost Reduction PDF Author: Maurice Fitzgerald
Publisher: Sbvv
ISBN: 9782970117254
Category :
Languages : en
Pages : 186

Book Description
Reduce costs and keep all your customers. It is possible! We will show you how. You want your company to perform better. You want to reduce costs. You may even be desperate to reduce costs. But when you reduce costs, customers feel it, right? If you cut costs and lose customers, you will need to cut costs again. And again. Soon there will be nothing left to cut. And no customers. I call this the corporate death spiral. I have seen it happen. You may have seen it happen. You may be going through it. It does not have to be that way. It does not matter whether you need to cut costs to have money to invest, or simply because you have a profit crunch. No matter what your reason, it can be done without negative customer impact. Some cost reductions may even improve things for customers, making them more loyal. But how? Customer-centric Cost Reduction is a simple but revolutionary concept. I explain how to accurately identify things of little importance to customers. These are the cost reduction priorities. For most companies, there are lots of them. They fall into just a few categories, each of which needs to be addressed in specific ways. Imagine a world where you reduce costs faster than your competitors. You wind up with more money to invest in growth than your competitors could ever dream of. You can fund your new ideas. Your competitors can't. This book explains how to do it. It also explains how not to do it. Here is the most common way companies reduce costs (Don't do this) Your CEO (let's call him Bob) is worried about cost. The board wants the share price to go up. He wants a bigger bonus. So do the others on the leadership team. Bob thinks of himself as a fair person. He wants his cost reduction to be seen as fair by everyone. Easy! Here is what he writes to all of the employees: ..". and in the interest of fairness, I am asking every business and function in the company to reduce costs by 15%. It will be hard. We all need to work together to make it happen..." Let me be clear about this. Bob is an idiot! He makes no distinction between things that matter to customers and those that do not. This is how you start the corporate death spiral. This is how to go out of business. A real world example of how not to do it I remember walking along with the head of HP in EMEA. His phone rang. It was the CEO of a large Dutch multinational. He was not happy. They had outsourced their internal PC help desk to us. To reduce cost, we had eliminated Dutch as a supported language. Nobody had told the CEO. He had just phone the help desk. He got a nasty surprise. This did not turn out all that well for us. Enough said! Customer-centric Cost Reduction is both informative and entertaining. The methodology, anecdotes and examples are accompanied by my brother's memorable drawings that drive home many key points. I particularly like the one about the CEO announcing a company-wide travel freeze from the comfort of his corporate jet. (Don't do this either!) About the authors Maurice started his career with an Industrial Engineering degree and a stopwatch in his hand in a Wrangler clothing factory. He has implemented many major cost reduction initiatives for four multinationals right up to his time as VP of Customer Experience for HP Software. Peter is an artist, web designer, and Oxford-educated Doctor in Cognitive Psychology. The unusual combination of authors has produced a cost-reduction book that is unlike any other you will read. It combines current management thinking with behavioral economics theory and some striking illustrations. And in conclusion As we say in the book, "There are just 3.5 ways of reducing cost." You are just one or two clicks from finding out what they are. You know what to do now.