COST REDUCTION STRATEGIES
TOYOTA PRODUCTION SYSTEM
DATE : 18TH November – 25th November 2020
The impact of COIVD -19 & subsequent lockdown is clearly visible in manufacturing Industry. For Manufacturing industries in this highly competitive scenario, one of the most effective strategies to improve the bottom line and staying ahead at all times is improving the productivity coupled with reducing the cost of production without compromising on the quality of product.
In the present scenario, the competitiveness is assuming a new dimension. Even businesses that are profitable can benefit from cost reduction strategies to create an even higher profit margin on its products. Industry champions have understood this and are doing their best to improve their productivity. Use of TPS approaches will go a long way in helping the industry in this regard.
Keeping this Coronavirus Pandemic Hurdles in mind, Confederation of Industry has come up with an opportunity, WEB-BASED MASTERCLASS SERIES ON COST REDUCTION STRATEGIES VIA TOYOTA PRODUCTION SYSTEM schecduled from 18 to 25 Nov 2020.
Main pain area for Business Leaders / Operational heads is to improve QCD ( Quality , Cost and Delivery) parameters on continual basis. Main benefit of attending training program is to decide strategies to be used for Organizational growth and prioritize improvement activity , which will lead to reduce manufacturing Cost , Improve OTIF ( On time in Full Delivery) , better quality of product and ultimately to improve Employee Morale and achieve Customer delight. Some more benefits of attending the workshop :
- Productivity Improvement
- Lower Inventory Level
- Better Workplace
- Changeover Time Reduction
- Helps in achieving ROI on equipment
- Be a leader of managing loss
- Improve profitability & Efficiency