Today's managers often try to apply sophisticated tools and technologies
to deal with problems that can be solved with low-cost approach. As
saying "Work smarter, not harder". Kaizen, first and foremost, builds
the employees morale and self - respect. Company benefits from worker's
participation as well as from the aggregate financial benefits of the
ideas. The concept of Kaizen is deeply ingrained in everybody's mind at
plant of medium sized company manufacturing cold rolled steel strips.
More number of cold rolling mills is coming in the market and every one
is trying to increase the profitability, which can only be possible
through the continuous improvement in every field. An attempt has been
done to implement Kaizen practice in a process industry to increase the
overall profit of the company. A steering committee has been formed to
monitor the overall Kaizen initiation and implementation. Different
projects are selected in the field of consumable cost by reducing the
consumption of fuel and power; quality defect by reducing the defect of
gauge variation and stickers marks; and increase the production of
bottleneck production line.