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Miapl Report - Springs Manufacturer

Essay by   •  August 29, 2019  •  Term Paper  •  570 Words (3 Pages)  •  28 Views

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Market Strategy:

  1. Export markets in vicinity of Kolkata:

The Bangladesh government has undertaken a 30-year master plan spanning from 2016 to 2045 where as many as 230 projects have been identified. Plans of expansion of railway networks, construction of new railway lines and launch of new trains are underway. The current railway network of 2877 kilometers is planned to be expanded to 4700 kilometers.

Another possible alternative could be Nepal building the cross Himalayan railway to increase trade and connectivity. The country looks at railways as the game changer. The undergoing trans Himalayan railway that will connect Nepal to China’s land and sea ports provides a huge opportunity for new locomotives, coaches and wagons. The company can leverage its vicinity to the country to expand its footprint in other locations.

  1. New application areas:

Apart from the railway freight industry, helical compression springs can also be used in military vehicles (trucks, tankers, armored vehicles, water bowsers, field artillery tractors). The company can collaborate with factories located across India which cater to Indian Armed Forces, Central Armed Police Forces and Paramilitary forces. As is the case with Indian Railways, such collaborations can be on a contractual basis which would ensure regularity of orders and would also hedge the risk inherent in relying on limited customers.

  1. Setting up in-house Research & Development expertise:

The current system is dependent on the customer for the design and specifications. An in house R&D will enable the company to provide consultation to its clientele and support them end to end from understanding of expectations and application demands to validating the design. There can be a unique set of spring experts with knowledge about material, possible stress levels, load, deflection which will provide overall service to the customers.


Capacity Utilization

The capacity utilization varies based on the demand. As observed in the following table, for the processes with available data of days production, assuming a month with 25 working days, the following utilizations are obtained.

Days Production

Utilisation (25 working day/month)

Month

End Forging

Coiling

End Grinding

End Forging Utilisation

Coiling Utilisation

End Grinding Utilisation

April

16

16

8

64

64

32

May

19

21

9

76

84

36

June

16

15

10

64

60

40

July

23

29

12

92

116

48

August

25

23

13

100

92

52

September

25

19

12

100

76

48

October

18

22

10

72

88

40

November

14

15

10

56

60

40

December

23

29

16

92

116

64

January

23

23

13

92

92

52

February

21

23

13

84

92

52

 

To increase the daily production, there are three parameters that can be optimized, namely

  1. pieces handled per hour (e.g. in peeling, centerless grinding, tempering, coiling, end grinding, scragging etc.)
  2. Number of hours of production per day
  3. Number of machines per function

 

Pieces per hour

Number of hours worked

Number of machines

Output pieces/day

Time to produce a batch of 500 sets (days)

Peeling

30

10

2

600

26.67

Centreless Grinding

30

10

2

600

26.67

Tempering

90

10

1

900

17.78

Coiling

85

10

1

850

18.82

End Grinding

75

10

2

1500

10.67

Scragging

100

10

1

1000

16.00

An assumption is made that the functions are optimized in terms of number of pieces that can be handled per hour, following the system of continuous improvement. However, it is seen that the number of hours of production is only 6 per machine, so we recommend that this be raised to 10 hours per day, according to the following table

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