I would like to talk about the world of refining business which
comes under the umbrella of manufacturing business. Process involved in refining business is simply boiling of lighter components to separate them from the heavier ones. Product service-bundling is one of the very critical steps because it really varies from country to country
depending
upon
the
governmental
regulations
in
that
particular country. Petroleum products have got worldwide demand
irrespective of country and industry so I think mass-customization has to be taken care. As we all know, day by day the quality of crude that we are getting is becoming a big problem for giant companies. In order to sustain in this competitive environment their process has to very effective and the machinery has to be efficient. Since the regulation becomes the main deciding factor of benchmarking so I think only value that manufacturer need to create is compliance with regulations. Many refining giants like SHELL have already created the position of straddling in the field of refining for newcomers. I firmly believe that core competency has to be very high level in order to reach to order merit level or to be on same level playing field as of other
contract
manufacturers.
Once
we
ensure
the
core-
competency, with certain level of motivation rest of the things like
productivity will automatically follow. After performing the quality function deployment for any unit, to reach up to maximum productivity we will have to revamp the same and that is generally done by value analysis and with the help of external manufacturer we go for detailed engineering analysis and the final outcome of that is design for manufacturing assembly. The revamping exercise is done to maximize the profit by overcoming the
capacity cushion with existing infrastructure and which involves the
detailed economical scopes. The main advantage of the revamp exercise is to improve the capacity and by doing that we are nowhere near to the best operating level because in this case it has been further inflated. It is also known as capacity utilization. This revamp process takes place with due consideration of other bottlenecks which may include the application of six sigma techniques or may be other optimization tools. Once the unit has been revamped the manufacturer needs to perform QA analysis to manage the TQM (total quality management) of the particular unit or may refinery at large. By this way one can assure the total transformation in manufacturing business in terms of production. Similar analysis can be performed for services sector as well with due consideration of other factors.