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TPS +1 Engineering subgroup of TPS Principles and Practice is now in its sixteen week with 1218 members, the discussions this week are focusing on WASTE and COST, some interesting discussions about what are the differences between WASTE and COST, and how to make decision about EQUIPMENT REPLACEMENT.
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LinkedIn group: TPS+1 ENGINEERINGPrepared by Casey Ng
Week 16
TPS+1 ENGINEERING group is an active discussion
group in LinkedIn of TPS practitioners in strategic planning , product planning, cost planning, purchasing, training, IT development and engineering including new application development, pioneering application for other industries such as health care, servicing, mining, logistic and others
The concept of TPS+1 is building on the evolving development of TPS that
the current stage of TPS is TPS of previous stage + added elements, therefore, it
is continually TPS=TPS+1
Focus for this week
WASTES and COST
Unbreakable Machine
This question must be evaluated on the specifics. How fast does the "must
have" improvement in technology occur?
Harry Wood
BetterMachine
Have developed the process so that all
separate lists ... depends on the
area and the result is effective.
Natalia Duggon
machines that do their job with a predictable availability, that support
the demand and are in good functioning state
Christian Bardoux
The new technology may be required just to stay even or to merge ahead. In both cases, you need employees who are well versed in maintaining the machine to ensure downtime is minimized. Old is not useless, but capabilities may be an obstacle in keeping up with the competition, especially when it is influencing the bottom line.
Paul Verschaeve
…I believe that's why lean accounting came into
existence... because the traditional accountants
couldn't - or wouldn't - see the bigger picture. Too strong of an emphasis on spreadsheet accounting has been at the heart of many high-profile
business declines. For example, Ford during the
1970/80's and DuPont throughout the 1980/90's suffered as a result of their
accounting/finance oriented/focused leadership….
a machine needs to be replaced with a new one, is when the new machine has something breakthrough to
offer or if all the maintenance programs are done with and
the machine has lasted its run-time.
Vishy Chandra
replace the machine after the Payback/ROI is reached before it
can require a major maintenance or avoid the risk of a failure mostly.
Miguel Angel Contreras Loredo
facility condition index (fci). It is the result of dividing total revenue spend on the equipment in a
financial year/ asset replacement cost. If this is above a certain
threshold of say 0.17 then the long term value of the asset is
diminishing.
Michael Wainwright
Jay Bitsack
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