This paper is published in Volume-4, Issue-5, 2018
Area
Industrial Engineering And Management
Author
Basant Tomar, Vipul Upadhayay, Yogesh Ladhe
Org/Univ
Shri Dadaji Institute of Technology and Science, Khandwa, Madhya Pradesh, India
Pub. Date
05 October, 2018
Paper ID
V4I5-1314
Publisher
Keywords
Enterprises, Investment, Origin product, excluding land and building

Citationsacebook

IEEE
Basant Tomar, Vipul Upadhayay, Yogesh Ladhe. Performance analysis of cotton processing small scale industry by using stock simulation method, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Basant Tomar, Vipul Upadhayay, Yogesh Ladhe (2018). Performance analysis of cotton processing small scale industry by using stock simulation method. International Journal of Advance Research, Ideas and Innovations in Technology, 4(5) www.IJARIIT.com.

MLA
Basant Tomar, Vipul Upadhayay, Yogesh Ladhe. "Performance analysis of cotton processing small scale industry by using stock simulation method." International Journal of Advance Research, Ideas and Innovations in Technology 4.5 (2018). www.IJARIIT.com.

Abstract

Today’s Industry is regarded as a secondary sector of Indian economy. The economic development of a nation depends on the stage of industrial development. The industry is the greatest sector that can be provided employment to the mass people which help to increase per capita & reduces the poverty. Now a day’s cotton textile industry in India has been facing many odds & the survival of the industry is in danger. Due to the continued uneconomic working, the industry financial viability has been deplorably shattered. Many mills in the industry have already reached a stage of financial post ration with the complete exhaustion of reserves surplus & their finance, raw material idle capacity, technology, marketing, infrastructure, underutilization of capacity, project planning, skilled manpower, managerial etc. This study has to cover XYZ small scale industry. Its points out the weakness and strengths of production & marketing system thus enabling the entrepreneurs & policy makers to take corrective action. I have worked on just in time for performance improvement of a semi-skilled worker, reduces wastage and running cost. I have worked also on the simulation of production. The measures to reduce the identified wastes have been pointed out. It has been proposed to better integrate the key actors into the JIT & simulation. Adopting the cellular layout in the mechanical workshop has been found beneficial as well as the orientation of production on customer orders rather than on forecasting.