Industrial Engineering - Productivity Improvement - Process Improvement - Product Redesign - Continuous Improvement
Industrial engineering is improvement in various elements of engineering operations to increase productivity. Along with engineering elements, industrial engineers evaluate and improve many other elements also as they are responsible for productivity and cost of items produced in a process. Through assignments of improving productivity and efficiency of information technology and software engineering processes, industrial engineers specializing in IT were given responsibility for business processes also. Thus industrial engineers with focus on various branches of engineering provide their services to companies and society to improve various elements of the products and processes on a continuous basis over the product life cycle. They are active in engineering or production-maintenance-service-logistic processes and business processes.
Productivity improvement always focuses on quality and flexibility issues as productivity improvement should not lead to any deterioration in quality or flexibility. Delivery and cost are always at the core of industrial engineering. Thus when QFCD paradigm came, that is attention to quality, flexibility, cost and delivery became prominent, many industrial engineers were given the responsibility of managing this function of continuous improvement.
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Focus Areas of Industrial Engineering - Brief Explanation
Productivity Science: Science developed for each element of machine operation and each element of human tasks in industry.
Productivity Science - Determinants of Productivity
Product Industrial Engineering: Redesign of products to reduce cost and increase value keeping the quality intact.
Product Industrial Engineering
Process Industrial Engineering: Redesign of processes to reduce cost and increase value keeping the quality intact.
Process Industrial Engineering
Industrial Engineering Optimization: Optimizing industrial engineering solutions created in Product Industrial Engineering and Process Industrial Engineering.
Operations Research - An Efficiency Improvement Tool for Industrial Engineers
Operations Research - An Efficiency Improvement Tool for Industrial Engineers
Industrial Engineering Statistics: Using statistical tools like data description, sampling and design of experiments in industrial engineering activity.
Statistics and Industrial Engineering
Industrial Engineering Economics: Economic analysis of industrial engineering projects.
Engineering Economics is an Efficiency Improvement Tool for Industrial Engineers
Human Effort Industrial Engineering: Redesign of products and processes to increase satisfaction and reduce discomfort and other negative consequence to operators.
Motion Study - Human Effort Industrial Engineering
Productivity Measurement: Various measurements done by industrial engineers in industrial setting to collect data, analyze data and use the insights in redesign: Product Industrial Engineering and Process Industrial Engineering.
Industrial Engineering Data and Measurements
Productivity Management: Management undertaken by industrial engineers to implement Product Industrial Engineering and Process Industrial Engineering. Management processes industrial engineering is also part of productivity management.
Productivity Management
Applied Industrial Engineering: Application of industrial engineering in new technologies, existing technologies, engineering business and industrial processes and other areas.
How many Industrial Engineers can a Company Employ for Cost Reduction?
For $100 million cost, there can be one MS IE and 6 BSIEs.
https://www.utc.com/
https://www.utc.com/en/Our-Company/key-facts
2020
We are a global technology company founded by some of the world’s greatest inventors and committed to tackling some of society’s biggest challenges.
In an increasingly connected world, United Technologies enables a better life. Our services and precision-engineered products deliver tangible value for our customers, shareowners and society.
Greg Hayes, Chairman & CEO
We deliver value
By the numbers
240,000
employees
$66.5B
net sales
$4.0B**
total company- and customer-funded R&D investments
Senior Associate, Productivity and Cost Reduction
Company Name: Collins Aerospace Company Location Charlotte, NC, USDate Posted: 2019-11-21
United States of America
Location:
HNC01: UTAS Headquarters (HS) 2730 West Tyvola Road, Charlotte, NC, 28217 USA
Created in 2018 through the combination of two leading companies– Rockwell Collins and United Technologies Aerospace Systems – we’re driving the industry forward through technologically advanced and intelligent solutions for global aerospace and defense.
Operations team and play a part in managing our innovative products from inception to delivery. The Operations team continues to grow and aims to strengthen the connection of Manufacturing Operations, Supply Chain and Environment, Health & Safety (EH&S) across Collins Aerospace. In this dynamic environment , you will have the opportunity to network across our businesses and functions, all while improving the productivity, quality and efficiency of our operations worldwide.
Role Overview
This position is for a Established professional in Manufacturing Operations. Completes quality and process improvement activities, analyzes scheduling and sequencing of work.
Responsiblities
This position reports to the Director, Global Operations Productivity and Global Strategy, and will be responsible for, but not limited to, supporting the following
Support the Productivity and Cost Reduction plans for the Global Operations Team (7 Global Manufacturing Sites); the annual target = 5-8% YoY Productivity improvement.
Interface with Business Unit and plant sites to:
Develop and maintain critical parts list, ensuring customer labor standard targets are achieved for critical BU parts.
Support monthly executive BU reviews on critical cost reduction parts.
Facilitate/ schedule and align resources to launch CI/Lean projects, programs, and ACE Events.
Drive specific BU cost reduction actions to closure.
Track results and improvements.
Recommend opportunities for improvement.
Support Executive briefings to communicate improvement, mitigation, and recovery plans to achieve cost targets.
Consolidate cost reduction reporting/updates and participate in monthly PDPR reviews.
Launch investigations into significant cost increases.
Jointly develop, deploy and, track each site’s Productivity and Cost Reduction strategy, based on the process robustness and productivity gaps for each site: Provide “course correction” coaching to ensure methodical progress to target.
Utilizing ACE/CI Tools, lead “Least Waste Way” Productivity Events to drive labor content out of our operations where possible, while supporting all Quality and ZDP requirements.
Coordinate special projects as needed
Willingness to travel 50% in US/International
Qualifications
Preferred Qualifications:
Advanced Excel proficiency including, but not limited to:
Complex spreadsheet design
This individual is a self-started that has a strong desire to positively impact an organization.
Basic Qualifications
This position requires a Bachelor’s degree in the appropriate discipline and 3 years of relevant experience. In the absence of a degree, 7 years of relevant experience is required.
At Collins, the paths we pave together lead to limitless possibility. And the bonds we form – with our customers and with each other -- propel us all higher, again and again.
https://www.linkedin.com/jobs/view/senior-associate-productivity-and-cost-reduction-at-united-technologies-1622049063/
Maneesh kumar Pandey
Senior Industrial Engineer at Schneider Electric India Pvt. Limited
Pune, Maharashtra, India
Experience
Since Sep 2018 – Present
Gurgaon, India
https://www.linkedin.com/in/maneeshkumarpandey/
Carrier Presents Strategy for Growth as an Independent Company at Investor and Analyst Meeting
NEW YORK - Feb. 10, 2020
Through strategic growth and cost discipline, Carrier to improve profitability and enhance value for shareowners
Implementing tenacious cost reduction with plans for a $600 million reduction in supply chain, factory and general and administrative expenses by the end of 2022.https://www.ccs.utc.com/news/news-article/carrier_presents_strategy_for_growth_as_an_independent_company_at_investor_and_analyst_meeting.html
18/06/2019
Cost reduction for Collins Aerospace’s 568F propeller set on ATR 42 and 72
The new program for ATR aircraft includes 20% discount as well as technology upgrades and expanded field support.
https://www.aircosmosinternational.com/article/cost-reduction-for-collins-aerospaces-568f-propeller-set-on-atr-42-and-72-234
Dec 11, 2015
Yesterday, United Technologies (UTC) at its Investor and Analyst Meeting announced a series of efforts to boast profitability. Included was a $1.5 billion multi-year restructuring plan focused on structural manufacturing cost reduction within high-cost locations. Actions under this plan are expected to be implemented through 2018.
https://theferrarigroup.com/united-technologies-announces-manufacturing-cost-reduction-initiative/
Industrial engineers are employed and productivity improvement and cost reduction are practiced in many companies using Industrial engineering philosophy, principles, methods, techniques and tools.
Jason Schenker's New Book - Strategic Cost-Cutting: How to Improve Profitability in a Downturn
Thursday, April 23rd 2020,
it's important to engage in strategic cost cutting by using data, analysis, and proven best practices to identify and reduce excess spending,"
The six main sections of the chapters in Strategic-Cost Cutting include:
- Overview - Spend Analysis - Making Cuts - Asset Recovery and Disposition - Labor Cost-Cutting - Forward-Looking Strategies -
The paperback and e-book editions of Strategic Cost-Cutting were released by Prestige Professional Publishing on 19 April 2020.
https://www.amazon.com/dp/B0879FHB6R/ref=cm_sw_r_tw_dp_U_x_vFqNEbNDF8Q09
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