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ABC Analysis/Pareto Analysis

ABC Analysis/Pareto Analysis Pareto analysis (sometimes referred to as the 80/20 rule and as ABC analysis) is a method of classifying items, events, or activities according to their relative importance. It is frequently used in inventory management where it is used to classify stock items into groups based on the total annual expenditure for, or total stockholding cost of, each item. Organisations can concentrate more detailed attention on the high value/important items. Pareto analysis is used to arrive at this prioritisation. Taking inventory as an example, the first step in the analysis is to identify those criteria which make a significant level of control important for any item. Two possible factors are the usage rate for an item and its unit value. Close control is more important for fast moving items with a high unit value. Conversely, for slow moving, low unit value items the cost of the stock control system may exceed the benefits to be gained and simple methods of con

Roles of Industrial Engineer in Apparel Industry

Roles of Industrial Engineer in Apparel Industry Introduction  An Industrial Engineer is an engineer who works in a factory. His job is to solve any problems which come up when the factory is making a product which has been designed by Design Engineers.  The role of the Industrial Engineer is to effectively and efficiently utilize software technologies, machine tools, math and scientific concepts, and human resources in order to solve problems, provide products or services at minimal cost, and produce on time at the optimum output level to satisfy customer demands.  Roles of Industrial Engineer Industrial Engineers are the world’s best communicators, as they train drivers to understand the importance of production and delivery output, use queuing theory to design on-time package delivery systems, and devise simulations or supply chain tools for their system integration tasks.  Industrial Engineer s serve as managers in small and medium sized industries because

Line Balancing in Apparel Production

Line Balancing in Apparel Production Line Balancing  Line Balancing is leveling the workload across all processes in a cell or value stream to remove bottlenecks and excess capacity. A constraint slows the process down and results if waiting for downstream operations and excess capacity results in waiting and absorption of fixed costs. Line Balancing in apparel industry It is the allocation of  sewing machine , according to style and design of the garments. It depends on what types of garments we have to produce. It is done to increasing  productivity .  When you consider mass production, garments are produced in lines or set of machines instead of single machine. A line may be assembly line, modular line or section, a line set with online finishing and packing. A line includes multiple work stations with varied work contents. Production per hour is varied depending on work content (standard minutes of particular task/operation), allocation of total manpower to a particu

Factors Influencing Productivity in Textile Industry

Factors Influencing Productivity in Textile Industry Productivity: Productivity  refers to the physical relation between the quality produced (output) and the quantity of resource used in the course of production (input)  Productivity (P) = Output (O) / Input (I) Output implies production while input means land, labour, capital, management etc. Productivity measures the efficiency of the production system. Higher productivity means producing more from a given amount of input or producing a given amount with minimum level of inputs. Productivity in Apparel Industry In other words the more the output from one worker or one machine (or a piece of equipment) per day per shift, the higher is the productivity. Higher productivity is not to be taken in sense of higher workloads or faster machines alone but it is always elimination of waste of  all type of labor  (time and skill) machine time, capital, and material management etc.  Productivity = Output per unit of i