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Vastupal Vashisth

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Vastupal Vashisth last won the day on September 9 2019

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About Vastupal Vashisth

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    Vastupal Vashisth
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    Honda Cars India Ltd. Taukara Rajsthan

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  1. Excellence Scoreboard represents the total number of points accumulated by all members of this Forum by giving answers of Weekly Questions. Thanks a lot to Mr. Vishwadeep Khatri and his entire Team for making their efforts to create this useful platform to all members where an individual member can earn points and can use these points to nominate someone who wants to upgrade himself/herself in this competitive field. Nominating someone results a lot of benefits in various forms for yourself and them-self both. I have nominated a participant for Green Belt Course by utilizing my points an
  2. BALANCED SCORECARD: balanced scorecard known as BSC was given by Kaplan & Nortan in 1992. According to Kaplan & Nortan , BSC translates mission of an organization into a set of performance measures which provides the outline for a strategic management and measurement system. there is no guidelines given by Kaplan & Nortan for combining dissimilar measures. According to Lawrie and Cobbold(2004), BSC evolution may be represented by three generations of BSC's. Focus has been changed continuously in all three like in early 1990s teh main focus was on development of financial
  3. Problem Solving: in today's world, there is very highly complex environment for businesses and a huge competition between each other to sustain in the market and companies are searching various ways to gain the market by improving their products or services quality, increasing their speed of work, improving efficiency. while achieving these goals companies are facing various problems which can be in-house or in supply chain or problems in searching for a new business/opportunities or any decision making. There are basic four principles for solving any problem which are give
  4. Supply Chain Management: For any organization, supply chain management is the heart of it to run the organization smoothly because it handles the entire flow of goods/service starting from raw material to the final products delivery to the end user. To manage this task, companies create a network of suppliers, distributor, retailers in which all will be linked to each other to move the product from starting of its process all the way to final output to end user. There are six major components of Supply Chain Management which are given below: Planning of resources to fulfill c
  5. Design for Excellence ( DFX): Before starting this let us discuss some basic concepts that any design in this world will have variability and randomness and you can question whether it is deterministic or not . example of washer, it has its own ID of 10 mm , suppose a OEM needs it and they are going for it to manufacture from a supplier and it snot necessary that every time its ID will come 10 mm , may be possible that its ID can come 9.9 mm, 10.1 mm so this variation will always be there and in engineering we used to call it as tolerance. now if OEM is asking to manufacturer it t
  6. Six Sigma: A approach to process improvement which is defect oriented is very popular in many industries like: general Electric, Texas Instrument, Kodak and much more. The main objective to reduce output variability to increase customer satisfaction or we can say that this approach tries to keep specification limit more than six standard deviation in both direction. it means it wants lower defect level or below than 3.4 defects per million opportunities or 3.4 DPMO. Now the question comes when Six Sigma is not called Six Sigma and answer for this is that, when it is used as the S
  7. Secondary Metric : During six sigma projects, there is need to consider primary as well as secondary metrics. Primary metric is main the indicator to achieve our project goal but there is different role of secondary metric. It works as a " Protection Measure" and it ensures that we achieve our Project goal but not on the sacrifice of something else in the process. It ensures that team work honestly and deliver as per defined target. Any management will never agree to bypass some factors or broken them on behalf of improvement which will be delivered by considering primary metric or on b
  8. Kano Model: Dr Noriaki Kano created Kano Model in 1984 for product development and customer satisfaction and to explain different categories of customer requirements and how these requirements influence the customer satisfaction. Any product or service given by any organisation will only be considered by customers if it solves important customer problems effectively. its not necessary that all customer requirements will deliver more satisfaction. you can have two different customer needs of equally important and you will be more satisfied if one goes well and you can be neutral i
  9. In Analyse phase of DMAIC, Box Plot comes into picture to compare data and analyse properly to display statistics summary at one place for a set of distribution. Box Plot which is also knows as Box and Wishker Plot is another graphical representation of data which can be drawn horizontally and vertically and summarize the following at one place which can be referred in attached picture also: 1. Median 2. Inter - Quartile Range ( Q3-Q1) 3. Quartile range or 25th, 50th, 75th percentile 4. Minimum & Maximum Range of data set 5. Outlier Interpreti
  10. FMEA stands for Failure Mode and Effects Analysis and is related with Lean Six Sigma DMAIC project in various phases. We can say that it is a risk assessment tool which helps us to prioritizes the failure modes of any product or any process on the basis of RPN score which stands for Risk Priority Number and can be calculated by giving scoring based on Severity, Occurrence and Detection. Severity can not be reduces once decided and the project team has two option to reduce occurrence or increase detection. After action taken we can again calculate RPN number and can determine new risk on the ba
  11. Six Sigma methodology can be implemented in every industry. The structure followed five important phases - DMAIC, in which output of one phase is the input of next phase. It is a top driven approach and it needs commitment from top management for the successful implementation and desired results. Six Sigma professional insist on Z Score during measure phase even though there is well established process performances. Z Score tell us about errors within the system or in other words we can say that it tells us about the number of standard deviation present between the mean and s
  12. Central Limit Theorem states that distribution of sample averages will tend towards a normal distribution as the sample size increases or in other words we can say that irrespective of shape of distribution of population , the distribution of average values of sample drawn from that population will tend toward a normal distribution as the sample size grows. Because of the CLT we can use average of small samples to evaluate any population using the normal distribution. We can see practical application during election . Any time when we see polling results on the news a
  13. Before Analyzing The NPV calculator, let us first understand what NPV is all about: NPV stands for Net Present Value which is one of Discounted Cash Flow Techniques which were developed to take account the time value of money and to improve the accuracy of cash project evaluations. in simple words we can say that NPV is the difference of present value of cash ouflow and future value of cash inflow over a period of time. NPV consists of: finding the present value (PV) of each cash flow, discounted at an appropriate percentage rate. finding the NPV by adding the discoun
  14. Before analyzing the Takt Time calculator let us understand first what Takt Time is all about. Takt Time: This is the rate in time per unit at which the process must complete units in order to achieve the customer demandime . It may computes as take Time = Time available/Number of units to be produced Takt time is basically a time based measure which is sometimes confused with cycle time. Cycle time is total time taken to complete the work. for any work task at a station cycle time must be less than or equal to takt time. Available time does not include
  15. Cost of poor quality includes any cost that would not be expended if quality were perfect. Total quality cost includes below all four cost: 1. Prevention Cost: cost incurred to prevent the occurrence of Non conformance in the future. for example: marketing, purchasing, operations 2. Appraisal Cost: cost incurred in measuring and controlling current production to ensure conformance to requirement, for example purchasing appraisal cost, operation appraisal cost 3. Internal failure cost: cost generated before a product is delivered to as a result of NC to requirements. for example
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