How an aerospace parts manufacturer stopped working 3rd shift with a saving of Rs 14,00,000 per month
The spindle time was increased by 64%.
By closely analyzing the downtime data and acting to reduce the downtimes, the spindle run time was increased from 30 to 64% .
Target production quantities were achieved in 2 shifts instead of 3 shifts.
The target production quantities were achieved in 2 shifts instead of the earlier 3 shifts.
Rs. 14,00,000 monthly savings in a span of 7 months.
This transformative shift occurred over a span of 7 months, resulting in substantial monthly savings amounting to Rs. 14,00,000.
About Customer
Aerospace parts manufacturer with 40 machines connected to Leanworx machine monitoring system. Average machine hour rate is Rs. 650.
Problem
Machines ran 24 hours but the productivity was poor. CNC machine spindles ran just 30% of the time.
Solution
By closely analyzing the downtime data and acting to reduce the downtimes, the spindle run time was increased from 30 to 64%. The target production quantities were achieved in 2 shifts instead of the earlier 3 shifts.
Results
This transformative shift occurred over a span of 7 months, resulting in substantial monthly savings amounting to Rs. 14,00,000.
These savings are attributed to a reduction in various costs associated with the third shift, including personnel expenses, power bills, and canteen facilities, among others.