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The IUP Journal of Operations Management :
Implementation of Lean Principles in the Manufacturing of GEIS-2
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This paper draws on the core idea of lean production of eliminating wastes, while incorporating the major lean principle ‘pull system’ in the Rapsri Engineering Products Company (REPCO) Limited, Harohalli Industrial Area, Ramanagar District, Karnataka. The aim of this project is to increase the productivity in order to maximize the financial profits in the manufacturing of a product named GEIS-2, which has a wide domestic as well as international market. In order to achieve this objective, the lean principles are applied to reduce the waste and to create continuous flow of production. For the purpose of analysis, step-by-step procedure of implementing lean techniques is used. The value-added activities and non-value activities have been analyzed, time study has been done on all the operations. The analyzed data are placed in value stream mapping to get the overall results of efficiency and effectiveness.

 
 

In manufacturing industries, the basic process involves converting the raw materials (input) as finished product (output). Whether an industry makes profit or loss depends on, and how it can achieve its goal lies in, the process of converting the raw material into finished product. The industries generally strive to achieve perfection and maximize the profit. In manufacturing process, there are various steps through which raw materials are transformed into final product. The manufacturing process begins with the product design and materials specification of raw material as well as the final product. The raw materials are then subjected to thorough manufacturing processes to become the required products. Over the past twenty years many manufacturing organizations have undergone a Lean transformation. The results of the Lean transformation have had many benefits. Manufacturers have experienced increases in profitability and customer satisfaction as a result of reducing their lead times, improving product quality and eliminating waste (Paul, 2012).

 
 

Operations Management Journal, Rapsri Engineering Products Company (REPCO) Limited, Harohalli Industrial Area, Results of efficiency and effectiveness, production of eliminating wastes.