The Product Flow Efficiency Project By Martyn Bates Monitor Coatings limited

Introduction University of Newcastle upon Tyne Mechanical Engineering with Design STEP promoted by University Promoted by Careers office Highly recommended programme Useful first summer in Newcastle.

The Project Product flow efficiency Determine costs of production Find time saving areas Contribute to cost saving New product flow Look at new markets.

Observations Plasma Booths +70% of Turnover from regulars +80% of Net profit from one offs 10 days lead time on average +72 hours for new products Production times can vary by a factor of 3

Conclusions More Jigs Monitor process times – Re-evaluate prices Recycle Spreadsheet solutions Utilisation of computer programs

Benefits Low investment More effective Better Service Less waste Improved profitability – NB. Requires more accurate assessment of overheads

The End Thank you for listening Any Questions?