UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 8 Issue 10
October-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2110273


Registration ID:
316096

Page Number

c576-c583

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Title

Study Of Chemical Management System and Cost Reduction in Process

Abstract

Cost reduction and increased productivity are required in today's world to maintain a competitive edge and ensure a company's success. There are three types of costs in any business: product costs, consumable costs, and tool costs. Consumable costs are heavily influenced by oil and grease. Coolants and oil are critical components of metal cutting machines, so managing, handling, and storing such chemicals is critical. There is a discrepancy between standard and actual machine consumption; this discrepancy must be closed in order to reduce consumable costs. Using fundamental knowledge to reduce oil and coolant consumption, cut procurement costs, and improve product quality and productivity. The following methods and techniques were used to monitor and regulate coolant usage: Six Tools of Coolant Management, Why-Why analysis, Cause and Effect Diagram, Process Flow chart and the software used were Humentech, Minitab, and others. Founded a significant reduction in oil and coolant usage and procurement, resulting in a cost savings of 6% to 7.

Key Words

Chemical Management System, Cause and Effect Diagram, Cost Reduction, Minitab (I-MR chart), Cost Optimization, Design and Fabrication, Filtration Trolley, Process Charts.

Cite This Article

"Study Of Chemical Management System and Cost Reduction in Process ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 10, page no.c576-c583, October-2021, Available :http://www.jetir.org/papers/JETIR2110273.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Study Of Chemical Management System and Cost Reduction in Process ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 10, page no. ppc576-c583, October-2021, Available at : http://www.jetir.org/papers/JETIR2110273.pdf

Publication Details

Published Paper ID: JETIR2110273
Registration ID: 316096
Published In: Volume 8 | Issue 10 | Year October-2021
DOI (Digital Object Identifier):
Page No: c576-c583
Country: Miraj, Maharashtra, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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