Value World
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Creating Value

 

VALUE WORLD

Making Difference Through Training

 

 

 

 

·         Home

·         Faculty

·         List of Clients

Mission topics

·         5 S

·         Communication skill

·         FMEA

·         ISO implementation

·         Kaizen

·         Motivation

·         Performance Management System

·         Problem Solving

·         Six Sigma

·         Team ship

·         Empowerment

·         Waste Management

·         Occupational Health & Safety

·         Managing Stress

·         Time Management

·         Value Engineering

·         Feedback/ Request Information

 

Waste Elimination & Management

 

 

 

 

What is waste?

 

  • Any activity or input resource that does not give output or return, is waste
  • Waste can be seen in the form of:

1.       Activities

2.       Time

3.       Materials

4.       Manpower

5.       Money …………….the best

 

Where does the money go?

 

·         Raw materials

·         Labor

·         Power and fuel

·         Tools and consumables

·         Inspection

·         Maintenance

·         Packing & forwarding

·         Advertisement

·         Schemes and promotions

·         Dealer’s margin

·         Taxes and other levies

·         Office expenses

·         Salaries & wages

·         Employee welfare

 

 

Objective of the Workshop:

 

To reduce/eliminate wastage in all forms that does not add value to the customer, such as:

 

  • Raw Materials
  • Consumables
  • Power
  • Machines
  • Manpower
  • Raw material stocks
  • In process inventory
  • And many more

 

Methods of waste elimination

 

  • Budgeting
  • Allocating Targets
  • Enterprise resource planning(E.R.P.)
  • Business Process Re- Engineering (B.P.R.)
  • Value Engineering/ Value Analysis

 

Duration of the Workshop: Two days

 

 

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