Among Core Sector Industries the issue of sustainability is very important. Quality, productivity, profits, Competitiveness of a or many products of any industry are closely related to each other.If one characteristic is dented, all others get adverse impact. These are the key factors which contribute directly to branding and sustainability of industries.
Higher the Quality standards, lesser the wastage of different nature, some of the inherent wastage due to Quality rejection are:
raw material, the wastage incurs huge loss directly on raw material cost and many other evils like pilferage; house keeping of working area;dislocation of raw material procurement planning;delays in delivery of products;engagement of extra manpower; excessive energy consumption;excessive tools consumption; extra wear and tear of Plant and Machinery grow automatically. Pilferage and engagement of extra manpower are nuisance issues which lead to slow death of Industry and the reasons won’t be visible easily.
This list speak about the factors which compound the fall of overall productivity and therefore profits and subsequently competitiveness, branding and sustainability of the industries.
Industries should consider and use management tools to implement Quality Assurance and Quality Control in their Industries irrespective of it’s size.
Sudhir Chand Jain
Institute of Employability Skills
Founder director VSIPL
Regd. Consultant with ADB
Former V.P. / HoD Engineering Sasan Coal/ Reliance Power
Former CE / General Manager Central Work Shop, NCL/ Coal India
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