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๐—ฅ๐—ฒ๐—ป๐—ฒ๐˜„๐—ฎ๐—ฏ๐—น๐—ฒ ๐——๐—ฟ๐—ฒ๐—ฎ๐—บ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—˜๐—ฑ๐˜‚๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฅ๐—ฒ๐—ฏ๐—ถ๐—ฟ๐˜๐—ต: ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ’๐˜€ ๐——๐˜‚๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—บ๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐˜๐—ผ ๐—ฎ ๐—ฆ๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ง๐—ผ๐—บ๐—ผ๐—ฟ๐—ฟ๐—ผ๐˜„ โ™ป

June 19, 2024 Leave a comment

Today, India is discussing two (2) different news. The Union Cabinet, chaired by Hon’ble Prime Minister Shri Narendra Modi, approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs. 7453 Crores, including an outlay of Rs. 6853 Crores for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu), and grant of Rs. 600 Crores for up-gradation of two ports to meet logistics requirements for offshore wind energy projects. The successful commissioning of these offshore wind projects will produce renewable electricity of about 3.72 billion units annually, which will result in the annual reduction of 2.98 million tons of CO2ย equivalent emission for a period of 25 years.

Earlier today, the Hon’ble PM inaugurated the newย campus of Nalanda Universityย at Rajgir in Bihar,ย close to its ancient remnants. He also planted a sapling as he inaugurated the campus. The inauguration ceremony was attended by several distinguished individuals, including heads of missions from 17 countries. The campus is designed as a ‘Net Zero’ Green Campus, making it self-sustaining with the help of solar plants, domestic and drinking water treatment plants, a water recycling plant for reusing wastewater, 100 acres of water bodies, and numerous other environment-friendly facilities.

The common thread in both the news illustrated above, is the focus on a bright future for the people โ€“ education and environment โ€“ technology being an enabler. Contemplating these events of hope, the sight of a thermal power plant emitting harmful gases to the environment flashed, captured while visiting the city of Jhansi, more than a decade ago on an official assignment. It again reminds us of an urgent need to take urgent steps to abate the harmful impacts of the pollution by fossil by implementing suitable De-SOx or FGD, Decarbonisation measures, etc.

Incidentally, June 18 is a day of remembrance for Jhansi (and Bharat), famous for being the princely state whose legendaryQueen Laxmi Bai, dressed as a man, got killed in the combat while leading the war for independence against the British empire 166 years ago. Some believe that the Rani (Queen) did not want the British forces to capture her body and told hermit to burn it. She, among others, inspired generations of freedom fighters whose resolute struggles led to Indiaโ€™s independence.

The contemporary challenges facing us are diverse, and we, the society and our leadership, must strive for a sustainable habitat, cleaner air, and healthy living conditions for progenies. This will be our real tribute the ‘Rani’ ๐Ÿ‘ธ

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Process Strategy: An Optimum Fit with Volume & Variety

April 16, 2023 Leave a comment

Evey organization aims to deliver its output which is liked by the client and strives to do so in a way which is ethical and sustainable. A major decision for an Operations Manager is finding and executing the best way to produce the goods/ services so as not to waste resources. The process selected implemented will have a long-term effect in efficiency and flexibility of the production, as well as on the cost and quality of the offerings produced thus.

A process strategy is an organizationโ€™s approach to transforming resources into goods and services. Its objective is to build a methodology to produce the offerings that meets customer requirements and product specification within cost and managerial constraints.

Let us try to understand the basics of the four most accepted process strategies are defined by how they relate to levels of both volume and variety:

1) Process Focus: The process is suitable for low-volume, high- variety tasks. Such facilities are process focused in terms of equipment, layout and supervision. Large Projects, Machines, Restaurants, Hospitals, Job Shops some examples of this kind. Vast majority of the global production operates with this approach.

2) Repetitive Focus: This process strategy utilizing โ€˜modularโ€™ design find extensive application in the assembly lines of Automobiles, Home Appliances, Fast Food etc. It uses โ€˜modulesโ€™ which are manufactured by โ€˜product-focusedโ€™ process thereby bringing the economic advantage and at the same time contributes the custom advantage of low-volume, high-variety model.

3) Product Focus: In facilities organized around โ€˜productsโ€™ where this process strategy find application, the goods are produced using a low-variety, high-volume process. The are also called continuous processes as they have very long, continuous production runs. Products such as glass, paper, lightbulbs, works canteen, bread loafs, tin sheets, potato chips etc. are produced using this process. The facility needs high fixed cost, but low variable costs.

4) Mass Customization: This is the rapid, low-cost production of goods/ services that fulfil increasingly unique customer desires. The demand for individualized items is growing with the rising number of affluent and informed consumers. The mass customization or build-to-order is not just about variety, it is about making precisely what the client wants and when it wants it economically. Custom-ordered Computers/ Cars, e-Commerce companyโ€™s offerings etc. use this strategy to meet customerโ€™s requirement.

It is the responsibility of the Operations Manager to choose one or combination of these process strategies most suitable to their companyโ€™s goals and deployment of resources.

Courtesy: Operations Management, 12th Ed, Pearson