19 May 2021
HAPPY TO SHARE.
6500+ views in 4 years. (6745 views on 24 July 2021)
PRINCIPLES OF INDUSTRIAL ENGINEERING YouTube Video. Captures ideas of:
Narayana Rao - PRINCIPLES OF INDUSTRIAL ENGINEERING - IISE Pittsburgh 2017 Annual Conference Presentation - YouTube Video.
Professor (Finance, Industrial Engineering and Manufacturing Systems), National Institute of Industrial Engineering (NITIE), Mumbai
Former Senior Professor (Finance & Investments), ICFAI Business School, Mumbai (2004 to 2006)
Former Professor (Finance & Investments), SPJIMR, Mumbai (2001 to 2004)
Professor (Finance & Industrial Engineering), NITIE (1997 to 2000)
The formal service tenure will be completed by July 2021.
It is time to remember students of PG programmes, Training programmes, Fellowship scholars, and colleagues & administrators who provided opportunities and support in the required activities. I am very happy with the positive outcomes in both personal and professional areas. Can easily forget the negative events that are part and parcel of life and interactions.
I am going to rearrange my files and documents (1994 to 2021) to do 5S for the future and in the process access details of various programmes conducted by me and try to say "hello and thank you" to the students, participants, colleagues and guest faculty. It is possible to do so in this social networking time made possible by social media.
I can feel good about the two global top blogs that I created. Management Theory Review and Industrial Engineering Knowledge Center. They are used by students, executives and faculty members of all countries. Happy to share that Industrial Engineering Blog was visited more than 106,000 unique visitors. Earlier there were visitors for the content on Knol. It is content that was appreciated by Global community of industrial engineers.
In this last term of teaching, thanks to Prof. Manoj Kumar Tiwari, Current Director, NITIE, I am learning additional things in the area of supply chain management from Prof. David Simchi Levi, Professor, MIT. I am teaching the subject, Manufacturing Strategy. The key areas in the subject, Technology and Process Strategy, Process Improvement Strategy, Capacity decisions for Internal Manufacturing and Supply chain manufacturing are of special interest to me from industrial engineering perspective also. I started my career in 1979 in the purchasing department of a manufacturing company and then shifted to production planning and production management of all ancillary departments of the company. In my first five years of teaching, I taught subjects related to manufacturing management and operations research. Hence completing the formal tenure by teaching "Manufacturing Strategy" is appropriate goal reaching effort. Only, recently, the fellow scholar, I guided in supply chain management got his doctoral diploma, fellowship of NITIE.
I did diversify into security analysis and investment management. My doctoral degree in that area is from IIT Bombay. I worked in stockbroking company as vice president (training) and supported the company during derivatives introduction year. I developed ways of implementing Graham's analysis method (Graham - Rao Method) [ 2006 ] and Markowitz portfolio analysis method to get model portfolios of broking companies.
The urge to strengthen the industrial engineering discipline as an alumni and faculty member of NITIE made me to focus on industrial engineering afresh. The effort helped in developing "Principles of Industrial Engineering," "Functions and Focus Areas of Industrial Engineering," "Industrial Engineering 4.0 Implementation Steps," and more papers highlighting the need for changes in industrial engineering discipline, academic curriculums and professional practice. Productivity management is a very important area, which is still underdeveloped in the management and industrial engineering disciplines. Productivity Science, Productivity Engineering and Productivity Management is the framework proposed by me to develop productivity management area in more depth and detail.
Principles of Industrial Engineering - Presentation in 2017 IISE Annual Conference
Why do You require Resiliency as an Innovator or Industrial Engineer or as Good Change Manager?
Success is not easy. Even if you develop a prototype of a device or an artifact based on your idea, people will be indifferent to your ideas. You need to believe in your passion, the logic behind it and the reasons you think people have to use it for their benefit.
Farewell Function in NITIE
Reply by Narayana Rao in the farewell function
I thank all my colleagues both teaching and and administration. My best wishes to them.
I thank all my students. They did all things I asked them to do as assignments and helped me also in the process to better understand theories, applications and case studies. My best wishes to them.
Updated the lesson 60 and Case Study 60 of the Industrial Engineering Online Course. Circulated in the social media also.
Lesson 60 of Industrial Engineering ONLINE Course. Productivity Improvement Through Machining Time Reduction - Machining Cost Reduction - Industrial Engineering of Machining Operations
Case 60 - Industrial Engineering ONLINE Course. Toyota Way - Become Better and Better - Better Design and Further Industrial Engineering Changes
24 July 2021
Biomechanics in Industrial Engineering Curriculum.
(The topic was included in this blog in April 2012. It was posted on Knol much earlier. The subject was suggested for inclusion in the IE curriculum at that time.
The above suggestion made during 2010-2012 was incorporated into principles of industrial engineering.
Human resources employed in engineering systems have their own needs. Industrial engineers are unique in engineering disciplines in taking up the engineering of human effort. They have to synthesize the theories of human sciences, some of which are developed by industrial engineering also, to design human work for an optimal combination of productivity, income, comfort, health, safety and satisfaction of the employed.
Human Effort Industrial Engineering for Increasing Productivity - Principle of Industrial Engineering
23 July 2021
Engineering Knowledge Based Industrial Engineering
Creativity, Passion and Resiliency. Passion to solve a problem will make one creative. But knowledge is required to become creative. If knowledge is zero, no creativity despite passion to solve a problem.
Success is not easy. Even if you develop a prototype of a device or an artifact, people will be indifferent to your ideas. You need to believe in your passion, the logic behind it and the reasons you think people have to use it for their benefit.
11 July 2021
VERY HAPPY. Blog Book accessed 1000 times by 860 unique users.
Industrial Engineering 4.0 - IE in the Era of Industry 4.0 - #BlogBook by K.V.S.S. Narayana Rao (#ProfNRao) #IndustrialEngineering #Productivity #CostReduction #ContinuousImprovement
9 July 2021
Thank you for Birthday Greetings, Wishes and Blessings.
I am overwhelmed by the affection shown by you in June and July 2021 congratulating me and blessing me on various events. I have to respond personally to you. First let me thank you all. I am retiring by this month end - normal superannuation age. Shall have time to correspond with you on more personal basis. Thank you once again.
6 July 2021
Because productivity increases world's prosperity.
Creating new products that satisfy and provide utility to people is one dimension. Then producing them in large quantities at lower and lower costs is another dimension. Both dimensions are important and are to be promoted and supported in organizations. Inventions reach large section of the population through cost reductions made possible by productivity improvement through industrial engineering.
The output of industrial engineers every day contributes to the prosperity of the people of the world.
I sent a mail to participants of a UBP from Exide.
I keep corresponding with participants of a UBP from BEL.
1 June 2021
I started circulating the Industrial Engineering Online Lessons for the second time after an year. In the last one year, 1000 persons accessed the course index page. This year, I shall be able to revise content of some of these lessons.
15 May 2021
Things did not go smoothly in the last three months. There was covid infection also to bear with. Any extra active work results in fatigue for good length of subsequent days due to age. But still, there is enthusiasm at some point in time to do something extra.
This month, I am participating in the Annual IISE Conference in virtual mode. I uploaded my presentation of the paper. I am presenting the paper advocating the practice of Computer Aided Industrial Engineering.
My paper on Computer Aided Industrial Engineering was well received. There were 11 likes.
I liked the interview with Tim Cook in the conference.
2010 - PGDIE - Industrial Engineering Concepts - 21 June 2010 to 10 September 2010
Updated on 9 July 2021, 7 July 2021, 12 June 2021. 19 May 2021 15 May 2021
First posted and published on 1 February 2021