Sunday, May 9, 2021

Na to Nz - Industrial Engineers and Their Achievements - Productivity Improvement




Nandini Ananthula 

NPI OPM at Apple | Member of Women in Manufacturing (WiM).
United States  

I'm an Industrial Engineer who helps organizations with continuous process improvements to reduce cost and increase productivity. 

I have 4 years of manufacturing experience implementing continuous process improvements and driving business growth. Held various roles and led projects which provided cost benefits around $2.4 million.

Texas Tech University
Industrial Engineering
2014 – 2016


 

Nick Lu

Manufacturing Engineer at L3Harris Technologies

New York City Metropolitan Area 

https://www.linkedin.com/in/nick-lu-885983115/


I propose a target of $600,000 per a BSIE based IE team per annum.


Value Creation Model for Industrial Engineering

For $100 million cost, there can be one MS IE and 6 BSIEs. Value created: $3,600,000 per year on $100,000,000 cost of production per year.


Calculation shows 3 years payback for annual investment in IE team & projects, and NPV of $52,680 at the end of 4 years. If the process continues after 4 years, the NPV will increase.


Value Creation Model for Industrial Engineering - Productivity Engineering. 


https://nraoiekc.blogspot.com/2020/03/value-creation-model-for-industrial.html 


9.5.2021

16.4.2021





1 comment:

  1. "I provided productivity and cost reduction benefits of around $2.4 million in four years." reports am industrial engineer. What is your contribution?
    Na to Nz - Industrial Engineers and Their Achievements - Productivity Improvement #AtoZChallenge #productivity #IndustrialEngineering
    https://nraoiekc.blogspot.com/2021/04/na-to-nz-industrial-engineers-and-their.html

    ReplyDelete