Faber Infinite Partners with CII
Manufacturing industry is one of the leading industries in the present era with tremendous scope of development and growth. It is also one of the highest contributor’s to a nation’s GDP and clearly supports the economy of a country. Hence, maintenance function of manufacturing industry has become one of the quintessential aspects to boost the augmentation of this industry. Team Faber Infinite feels utterly happy to bring you a brief about the 8th Maintech event organized by Confederation of Indian...
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Friday Fact- 125 years and still continue with the same spirit
Do you know, the famous Dabbawala system is 125-year-old system of lunchbox delivery, it operates only in Mumbai and acts as a connect between homes and offices of lacs of people. This system started in the hills of Dharmashala and all the way travelled to the heart of Mumbai. It was started by the then 30-year-old Mahadev Havaji Bachche, a farmer by profession. Dabbawala's practices supply chain in a very efficient way by moving daily more than 1,75,000 lunches through...
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Why 70% change initiatives fail?
“Change is the only constant.”- Heraclitus Change! We have been focusing on change and its benefits for a long time. One has to understand that with the evolving time and technology, one needs to change him as well as the processes in order to keep up with the competition and simultaneously grow and generate more revenues. Many companies and organizations do commit to change and change management process but shockingly, more than 70 percent of change initiatives fail. Why does...
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Fundamentals of Production Planning
Planning is the key process in manufacturing and an efficient planning can do wonders for the manufacturer or the organization. Planning plays a crucial role in cases of setbacks when the company needs a more organized approach to solve the problem and simultaneously pushing the production process in the forward direction. Every other manufacturer designs its own production plan and builds it on its own certain driving factors. However, every production plan has one thing six common factors that determine...
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Friday Fact – Everything Old Is New Again !
Do you know, Training Within Industry (TWI) is a program created by US Government during World War II to support the war production effort when millions of non-military personnel (civilians) were needed to be quickly trained to do production jobs as soldiers went off to war. By the end of World War II over 1.6 million workers in over 16,500 plants had been trained and certified. The objective of TWI is to deliver a better-skilled workforce, improved labor and management relations, productivity improvements and...
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10 golden rules of inventory management
Inventory plays a crucial role in complying with the demands and in creating value for the manufacturer as well as for the customer. Moreover, inventory is also one of the wastes that impacts the business and minimizes the profits and profitability of the organization. Hence, it becomes important for any business to maintain enough inventory for the demands. In precise terms, inventory management is the collected activities of employees maintaining optimum number of required items available to comply with the...
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To gain, let go of some!
Improvement is the only constant companion for any organization that will help them in achieving their goals and targets and embark on the path towards excellence and success. Many organizations have been constantly changing their work culture and controls and patterns hoping the change will result in improvement in their productivity and profitability. However, to gain such characteristics, you have to let go of some things. Wonder what? Below is the answer. Two ways of improvement! There are basically two...
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Quality means doing it right when no one is looking!
Quality means doing it right when no one is looking- Henry Ford QUALITY! Quality is non-negotiable and is the most important thing that will do wonders for your organization. No matter what industry you belong to or which sector you operate in, quality is will be the key to unlocking excellence and continual development. Quality is not something that could be showed off or followed for a certain period of time for inspections and quality checks and then put away....
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Friday Fact- Proven Quality Tools.
Do you know, that lean has been around since the 1940's and Six Sigma has been around since the 1980's. Before Six Sigma there was Total Quality Management (TQM), and before Lean there was PDCA. These quality improvement concepts have been working since so long! Are you using them?
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