Value Analysis of A Rubber Hose Moulding and Assembly Line: A Case Study

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International Research Journal of Engineering and Technology (IRJET)

e-ISSN: 2395 -0056

Volume: 04 Issue: 03 | Mar -2017

p-ISSN: 2395-0072

www.irjet.net

Value Analysis of a Rubber Hose Moulding and Assembly Line: A Case Study Pranish M. Naoghare1, Atul R. More2, Sandip S. Patil3 1,2Student,Dept.

of Mechanical Engineering, Guru Gobind Singh College of Engineering & Research Centre (GCOERC), Nashik, Maharashtra, India 3Professor,Dept. of Mechanical Engineering, Guru Gobind Singh College of Engineering & Research Centre (GCOERC), Nashik, Maharashtra, India ----------------------------------------------------------------------***--------------------------------------------------------------------

Abstract - At present, the competition between the

evaluation factors while building cohesion among team members. Function Analysis Phase: Identify the most beneficial areas for study. Creative Phase: Develop a large number of ideas for alternative ways to perform each function selected for further study. Evaluation Phase: Refine and select the best ideas for development into specific value-improvement recommendations. Development Phase: Determine the “best” alternatives for presentation to the decision-maker. Presentation Phase: Obtain a commitment to follow a course of action for initiating an alternative. Implementation Phase: Obtain final approval of the proposal and facilitate its implementation.[3]

companies is leading to a constant battle for adequate market share. This is not only done by reducing the prices, but by constantly bringing new innovations in different fields of the company so that the value for a product or an entity is increased. The new concepts or ideas may come from the company itself or from any external source. The main objective of Value Analysis(VA) is to find and eliminate all the characteristics of a product or service which are of no real value to the customer. Thus VA ensures a better product or service for the customer at minimum costs compared to replacing the product with less favorable alternative. This paper focuses on the case study on process optimization for rubber hose moulding and assembly through value analysis.

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Key Words: Value Analysis, Takt Time, Assembly Line Balancing, ECRS, Throughput time

3. LITERATURE SURVEY

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Amit Narwal, (2015) et.al. studied a case on the concept of value analysis in sheet metal. By Value analysis of the parts, the group produces the same parts at the cheaper cost from their competitors in market.[4]

1.INTRODUCTION Value can be given as the relationship between perceived benefits and perceived costs: Value = Benefits / Cost. In order to increase the value, the organization has to improve the value : cost ratio. When the value is provided at high price, the perceived value may be low. This value can be increased by using tools like Value Analysis[1]. VA is the process of reducing costs in a development project. This process is achieved by assessing materials, processes and or products and offering alternatives. The outcome should result in reduced cost but without compromising the quality of the design[2].

Marjan Leber, (2014) et. al. discussed the development of new product on the basis of value analysis and conjoint analysis. Implementation of such methods resulted in strong reduction in cost inside a company.[5] Ignacio Cariaga, (2007) et. al. studies the integration of value analysis and quality function development or evaluation design alternatives. This framework enabled to: 1) Elicit customer requirements through the use of FAST.,2) Relate various design options to each customer requirement through the use of QFD, 3)Provide a decision support environment to assist in selecting the most suitable alternative.[6]

2. VA METHODOLOGY The VA methodology (or the “job plan”) can be applied to any subject or problem. The VA job plan divides the task being studied into functions. The job plan is normally organized by a value team leader. It is conducted in eight sequential phases as follows: i. Orientation Phase: Refine the problem and prepare for the value study. ii. Information Phase: Finalize the scope of the issues to be addressed, targets for improvement, and

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Impact Factor value: 5.181

4. VALUE ANALYSIS TOOLS AND TECHNIQUES i. Role of Kaizen and Poka Yoke: KAIZEN-. It can be defined as the improvement which may be one-time or continuous, large or small. Kaizen is to be done on daily basis so as to increase the productivity.[7] POKA YOKE is a Japanese term that means "mistake proofing". A poka-yoke is not a process but a concept that

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