Open AccessPerformance Index of Frugal Manufacturing System
Author(s) -
Manoj Kumar Agrawal,
Surender Kumar
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/691/1/012057
Subject(s) - excellence , index (typography) , operational excellence , manufacturing , value (mathematics) , manufacturing engineering , industrial organization , operations management , computer science , business , process management , marketing , engineering , machine learning , world wide web , political science , law
Frugal excellence is a coordinated response to today’s highly competitive environment. Frugal manufacturing philosophy asks for elimination of waste hidden in the manufacturing system by eliminating non value adding activities. Frugal manufacturing is a very successful strategy and can be applied to all type of organizations i.e. manufacturing or service organization etc. In this paper after giving a brief idea about frugal philosophy, different types of wastes, causes of wastes, a designed questionnaire for self test has been given along with evaluation criteria to identify the weakness and strength of an industry for successful implementation of frugal manufacturing strategy. It also gives a methodology for evaluation and improvement of performance index using the principle of continuous improvement. A case study of wastes elimination by computation of Frugal Manufacturing Index (FMI) has been discussed. Results obtained are quite encouraging. Idea presented in the paper will be useful for those who want to implement frugal manufacturing index in their organization.