Product and Process Improvement Using Simulation Based Value Stream Mapping: An Case Study

@inproceedings{Prabhu2014ProductAP,
  title={Product and Process Improvement Using Simulation Based Value Stream Mapping: An Case Study},
  author={Chaitanya Prabhu and S Aravindhabalaji},
  year={2014}
}
Implementation of lean principles like six sigma level of production in Indian pump manufacturing industry faces various roadblocks which makes them losing market share to the low cost Chinese pump imports. The only way to survive in market for Indian pump manufactures is to reduce the cost of pump and also increase the quality value of the pump, which can be done by reducing cost of production and profit margins. This project aims in reducing total cost of production of Indian pump… CONTINUE READING

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