Digital Smart Kaizen To Improve Quality Rate Through Total Productive Maintenance Implemented Industry 4.0

Mohan, T. Roosefert; Roselyn, J. Preetha; Uthra, R. Annie

doi:10.1109/gcat55367.2022.9971890

Cited by 4 publications

(1 citation statement)

References 7 publications

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“…Among the mentioned forms, QKaizen is the basic form because it quickly empowers workstations (Piasecka-Głuszak, 2017). The applied continuous improvement Kaizen in Industry 4.0 is called Digital or Intelligent Kaizen because of the use of digital technologies to detect losses in processes (Mohan et al, 2022). The IT market is helping companies build Smart Kaizen Systems as intelligent systems in smart manufacturing.…”

Section: Kaizen Framework For Smart Manufacturing (Sm) Projectsmentioning

confidence: 99%

Untitled

2023

SPSUTOM

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This study aims to investigate the effects of working capital management on firm profitability of listed manufacturing companies in Malaysia. Design/methodology/approach: This study uses account payables, inventory turnover, account receivables, cash conversion cycle, firm size, growth, leverage and current ratio as accounting information variables. Secondary data was collected for all variables over a ten-year period, i.e. 2009 to 2018 and was obtained from the annual report published via Bursa Malaysia (Malaysian Stock Exchange) official website. Data was analyzed by using IBM SPSS Statistics Subscription software. Descriptive statistics, correlation analysis and multiple regression analysis were utilized in this study. Findings: The results revealed that inventory turnover in days, account receivables and firm size have a positive significant relationship with manufacturing firms' profitability, while account payables and cash conversion cycle have a positive insignificant relationship. Research limitations/implications:The sample size is too small for any generalization. A mixed method approach in the future could contribute to a holistic finding. Practical implications: Since these variables contained significant influence on firm profitability, it is recommended that listed manufacturing companies should prepare a complete and timely manner of accounting information based on the regulation context in Malaysia. Social implications: It provides an empirical evidence on the importance of working capital management amongst the manufacturing concerns in Malaysia and its impact on its business sustainability. Originality/value: This study contributes to the limited research on working capital management involving manufacturing companies in Malaysia.

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Section: Kaizen Framework For Smart Manufacturing (Sm) Projectsmentioning

confidence: 99%

Untitled

2023

SPSUTOM

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Envisioning maintenance 5.0: Insights from a systematic literature review of Industry 4.0 and a proposed framework

Psarommatis

May

Azamfirei

2023

Journal of Manufacturing Systems

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Artificial Intelligence based Power Optimization in Induction Furnace Controlled Melting Process of Foundry Industries along with Reduction of CO 2 Emission

Rajan,

et al. 2024

Preprint

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Day by day the electrical energy consumption is increased to meet the customer demand like new industries development, electric vehicle charging, railway development and raise in population increase etc. Though variable renewable energy resources are added to meet out the demand and reduce greenhouse emission with less carbon di oxide it is necessary to reduce the power consumption of the existing industry for the same productivity to avoid pollution and global warming. The proposed system works on the principle of energy saving is nothing but energy production which optimize the power consumption for the same quantity of production, reduces CO2 emission and reduce the cost of production which increases the profit of the industry. By optimizing the electrical energy conservation, the Green House Emission pollutant gases like CO2, Methane, Nitrous Oxide, Sulfur Hexafluoride etc… also reduces from the thermal or atomic electrical power generation which reduce global warming and climate change. Induction furnaces of plant for melting metal are the major power consuming equipment in foundry industries and by providing effective power management system to multiple furnaces and utilizing the power in an optimized way increases the furnace liquid metal productivity and share the energy throughout the plant in an optimized way which eliminates maximum demand penalty by the electricity board during billing and reduces power consumption per tonnage of liquid metal produced which increase the profit of the plant and reduce global warming. In the proposed power management system the power consumption of a foundry is utilized in such a way that when the power of a furnace is utilized less the standard capacity due to operational constraints and production status, the unutilized power from the furnace is fed to the other furnaces of the industry without affecting the safety and quality of the liquid metal produced by the furnaces since abnormal sudden raise in furnace power may lead to liquid metal burst during slag removal and controlled temperature raise of liquid metal for pouring operation.

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Digital Smart Kaizen To Improve Quality Rate Through Total Productive Maintenance Implemented Industry 4.0

Cited by 4 publications

References 7 publications

Untitled

Untitled

Envisioning maintenance 5.0: Insights from a systematic literature review of Industry 4.0 and a proposed framework

Artificial Intelligence based Power Optimization in Induction Furnace Controlled Melting Process of Foundry Industries along with Reduction of CO 2 Emission

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