Chap 3.9: Waste Minimisation strategies

Front

Define WASTE MINIMISATION

Back

The process of reducing the amount of unused material, time, or labour within a business.

Front

WASTE MINIMISATION strategies

Back

Front

Benefits of minimising waste

Back

- Reduces production costs - Increases profit margins - Allows lower prices for customers - Improves efficiency and effectiveness

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Impact of WASTE MINIMISATION on Efficiency

Back

- Minimises time wasted, increasing efficiency

- Reduces discarded materials, optimising resource use

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Impact of WASTE MINIMISATION on Effectiveness

Back

- Lowers operational costs - Increases sales and market share - Assists in achieving profit

Front

7 types of waste in production ?

Back

TIMWOOD

TIMWOOD stands for Transportation, Inventory, Motion, Waiting time, Overprocessing, Overproduction, and Defects.

Front

TRANSPORTATION waste

Back

Unnecessary transportation of products or materials can waste time and money, increasing the risk of resources becoming damaged.

Front

INVENTORY waste

Back

Having an excess inventory of products and materials can waste storage space and increase the chance of goods becoming damaged.

Front

MOTION waste

Back

Unnecessary movement of employees during the production process can waste time.

Front

WAITING waste

Back

Waiting or delays in the production process for work to be completed can waste time, decreasing productivity.