1. bookVolume 27 (2019): Issue 3 (September 2019)
Journal Details
License
Format
Journal
First Published
30 Mar 2017
Publication timeframe
4 times per year
Languages
English
access type Open Access

Organizational Innovation and Cost Reduction Analysis of Manufacturing Process – Case Study

Published Online: 28 Aug 2019
Page range: 183 - 188
Received: 01 Jan 2019
Accepted: 01 Apr 2019
Journal Details
License
Format
Journal
First Published
30 Mar 2017
Publication timeframe
4 times per year
Languages
English

Innovation is the key to the growth of each business in a fast-changing world. Innovations affect financial activities because the successful innovation opens the new markets, gives the opportunity to reduce costs or introduce new products and services with a higher profit margin. Each organization, institution, enterprise or individual can be innovative. Innovations may not be implemented only in large enterprises, but also in medium or small. The aim of this paper is to innovate and optimize the polishing process in production plant with variant production. In this paper case study is used as research method which includes measurements and observation. The paper is focused on five variants of one product. We obtained the required data by measuring in a manufacturing plant in southern India in Madurai. At the end the results are summarized, and the optimization of the polishing process is proposed.

Keywords

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