<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></abstract>

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.

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

Management Systems in Production Engineering

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Innovation is the key to the growth of each business in a fast-changing world. Innovations affect financial activities because the successful innovation opens...

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

Published Online: Aug 28, 2019

Page range: 183 - 188

Received: Jan 01, 2019

Accepted: Apr 01, 2019

DOI: https://doi.org/10.1515/mspe-2019-0029

Keywords
case study, innovation, small and medium enterprise (SME)

© 2019 Senthil Chandran et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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

Published Online: Aug 28, 2019

Page range: 183 - 188

Received: Jan 01, 2019

Accepted: Apr 01, 2019

DOI: https://doi.org/10.1515/mspe-2019-0029

Keywordscase study, innovation, small and medium enterprise (SME)

© 2019 Senthil Chandran et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
case study, innovation, small and medium enterprise (SME)