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The Product Flow Efficiency Project By Martyn Bates Monitor Coatings limited.

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Presentation on theme: "The Product Flow Efficiency Project By Martyn Bates Monitor Coatings limited."— Presentation transcript:

1 The Product Flow Efficiency Project By Martyn Bates Monitor Coatings limited

2 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.

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

4 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

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

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

7 The End Thank you for listening Any Questions?


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