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Capacity planning
Product design and selection
Process selection and planning
Maintenance and replacement
Scheduling and routing
Introduction :
History of KSB Pumps:
Production planning :-
Research:
“Research is an original contribution to the existing stock of
knowledge making for its advancement. It is the pursuit of truth with
the help of study, observation, comparison and experiment.
Methodology:
It is the way to systematically solve the research problem. It may be
understood as a science of studying how research is done
scientifically.
Research comprises defining and redefining problems,
formulating hypothesis or suggested solutions; collecting organizing
and evaluating data; making deductions and reaching conclusions;
and last carefully testing the conclusions to determine whether they
fit the formulating hypothesis.
For collecting data the following
methods are used :
PRIMARY DATA:-
Primary data are those which are collected afresh and for the first time, and thus
happen to be original in character.
1) Unstructured Interview
2)Observation Method
SECONDARY DATA:-
Secondary data means the data that are already available i.e. they refer to the data
which have already been collected and analyzed by someone else. This data may either
be published data or unpublished data.
1) Journals
2) Data stored at the department in company
3) Internet
Cycle of Production Plannig Process :
Production Plannig chart :
16000
14000
12000
10000
Series 1
8000 Series 2
6000 Series 3
4000
2000
0
stage bowl NRV suction discharge impeller
Data Analysis & Interpretation :
In KSB pump ltd the production plan of 6 inch submersible pump
is prepared on monthly basis. This plan is then divided into 4
weeks and according to that daily production order is generated.
Planning process of 6 inch submersible pump shown below.
Sr.no. Part name Available in stock in Needed to purchased in
units units
Analysis:
From above chart it is found that there is variation in the stock of raw material required for
manufacturing in month of June and July 2020. Hence it will affect the production to be carried
out but immediate purchase order is raised by company to avoid such circumstances.
Interpretation:
The production of 6 inch submersible pump depends upon the order received from market for
each month. The monthly orders are consistent and hence there is little variation in production.
On that basis the purchasing of raw material is done. Due to this, raw material available in store
is low and every month they have to give purchase order. Unless the material is procured, the
production cannot be started which affects the overall planning process.
Recommendations and Suggestions
Instead of purchasing raw material on monthly basis purchase orders
should be raised for 3 month or 6 months as customers orders are
consistent.
The production plan should be followed as per its schedule from raw
material procuring to final assembly so as to get efficiency of the
production function.