Tuesday, August 3, 2010

Innovation in Manufacturing and Technology

  • Redesign the product, through value analysis, value engineering and other relevant techniques for optimising the value-price relationship.
  • Re-engineer the process, through de-bottlenecking, retrofitting, revamp or total replacement, as needed.
  • Improve the generation, if any, transmission and utilization of power, steam, gases and any other auxiliaries to the production process.
  • Continuous research and development for improvement of products, process, packaging and other operation.
  • In the event of collaborations, improve absorption, use and adaptation of the new technologies.
  • Search for improvements in the configuration, implementation and commissioning of new projects and their ramp up to full capacity utilization.
  • Extend the innovative approaches and practices to key vendors of parts, equipment and other inputs.

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