Title: The manufacturing excellence model research proposal to solve the operational risks due to product demand variations
Authors: Rohit Kenge; Zafar Khan
Addresses: School of Commerce and Management Science, Sandip University, Nashik, India ' School of Commerce and Management Science, Sandip University, Nashik, India
Abstract: The dynamic product demand impacts the manufacturing supply cycle by creating operational risks like high inventories, excess manpower and underutilisation of machines. We studied current literature survey on the lean manufacturing to solve the above-listed issues. We considered the independent variable as dynamic product demand and the dependent variable as operational risks. We plotted the value stream map for the selected product manufacturing with daily demand of 25 and 40 numbers to understand the operation risks that occur after changing the demands. We proposed manufacturing excellence models for solving these operational risks. Total lead time in both cases of daily demand of 25 and 40 numbers is reduced by +40%. We conclude this research study as our manufacturing excellence model is successful in delivering the expected results at our selected product manufacturing.
Keywords: value stream map; VSM; lean; manufacturing excellence model; inventory; operational risks.
International Journal of Business Process Integration and Management, 2021 Vol.10 No.3/4, pp.280 - 286
Received: 02 Nov 2020
Accepted: 11 Mar 2021
Published online: 11 Jul 2022 *