Saturday, June 17, 2006

WEEK 5:

This week my mentor Sh. R.B. Kohli arrived. He reviwed mt progress in the project.
He told me to change my approach to the project.
he told me that he expected from the project a general strategy to handle the consumables which anyone can follow and hence may induce cost reductions. and then I must move with a few high value consumables to show the effectiveness of the strategy.

This week I made the strategy to work upon the 5 major factors that affected the cost of any consumable:
1. vendors
2. shopfloor usage
3. alternate products
4.Inventory handling
5. consumption Trends.

To look at all the 5 factors at the same time I prepared a product profile.
For filling up the product profile structured shopfloor information was also required along with what was already there in ERP(Sap). So i also prepared a questionnaire to get the shopfloor information.

then i doistributed the questionnaires in the shopfloor by making suitable folders for each department.
and i worked upon SAP to obtaina ll possible information that was requires for the product profile. Part B specially.