When group technology is applied in any production unit/ Manufacturing company , a manufacturing company will typically realize lots of benefit in its various section of production unit.
Those are :
In Product engineering -
Reduce part proliferation
Help design standardization
Provide manufacturing feed back
In Manufacturing engineering -
Process selection
Tool selection
Machine purchases
Material handling
In Production engineering -
Reduce lead time
Reduce delays
Reduce set-up time
Improve product quality
In Production planning and control -
Group scheduling
Stock accountability
Reduce expediting
Improved product design
Reduced materials handling
Better employee satisfaction
Although above mansion benefit it has lots of other benefit .
Those are :
• Increased productivity
• Improved accuracy in estimation of costs
• Greater standardization and variety reduction
• Reduced set up times
• Better product delivery (Helps to implement just-in-time (JIT) manufacturing)
• Reduced cost of purchasing
• Improved plant efficiency
BENEFITS OF GROUP TECHNOLOGY
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