InImpact: The Journal of Innovation Impact

Publisher Future Technology Press
Vol. 8 No. 2 KES Transactions on SDM II - Sustainable Design and Manufacturing 2015
Volume Editors KES International
Journal ISSN 2051-6002
 
Article TitleContinuous improvement of the effectiveness of equipment driven by the dynamics of cost reduction
Primary AuthorAlin Aurelian Posteuca, University Politehnica of Bucharest, Romania (Romania)
Other Author(s) Miruna Zapciu
Pages 159 - 173
Article ID sdm15-053
Publication Date 02-May-16
Abstract

The purpose of this paper is to present a method of continuously targeting the improvement projects for equipment based on quantifying equipment losses in costs. The methodology for the continuous improvement of the effectiveness of equipment driven by the dynamics of cost reduction resulted by reviewing the literature and analyzing several production companies over a year and a half. Using action research, our research results show the approach of reducing costs for equipment continuously monitoring its losses. As a key academic contribution, the study provides a scientific approach to continuous improvement of costs associated with equipment losses, based on four perspectives of improvement (systemic, systematic, individual and shop floor).

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Remarks Paper presented at KES International Conference on Sustainable Design and Manufacturing, 12-14 April 2015
First date of publication in InImpact: 1 December 2015