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- Implementation of Quality Management can lead to-reduction in customer complaints by over 50%; improved housekeeping by clocking greater than 75% in 5S housekeeping; reducing breakdown time by 50%; reducing changeover time by 75%; improving inventory turn ratio by 100%; reducing in-process rejections and reworks by 50% and final QA rejections/reworks by targeting less than 1000 ppm.
- Identifying avoidable losses in power and fuel input costs with monitoring support during implementation.
- Identification of non-value added costs once the entire cost structure had been established as part of the Cost Management exercise.
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Such results can be achieved by forming clusters in similar geographical locations where joint learning and sharing can be undertaken. Tangible results have been seen in companies especially in the engineering sector with turnover of less than Rs. 50 crore. The results have been consistently validated over 10 clusters.
Areas where CII counselling interventions will help:
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Enhancing worker skills
- Improving product quality
- Iimbibing quality management techniques
- Managing old equipment and machinery
- Developing marketing linkages, marketing tools
- Enhancing competition amongst the SMEs
- Preserving narrow profit margins
- Creating and pursuit of a shared national vision
- Enabling timely availability of low cost finance
- Enabling cost competitiveness
- Identifying appropriate technology
- Reducing energy costs
Cluster Approach
- Getting Together - A Beginning
- Working Together - Progress
- Achieving Together – A Success
A mutual Learning and Sharing experience
Companies must develop
Probable areas where interventions help
- Enhancing worker skills
- Improving product quality
- Imbibing quality management techniques
- Managing old equipment and machinery
- Developing marketing linkages, marketing tools
- Enhancing competition amongst the SMEs
- Preserving narrow profit margins
- Creating and pursuit of a shared national vision
- Enabling timely availability of low cost finance
- Enabling cost competitiveness
- Identifying appropriate technology
- Reducing energy costs
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