Advantages of fms, Project Management

Advantages of FMS

  1. Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industries.
  2. FMS brings flexibility and responsiveness to the manufacturing floor.
  3. FMS enables manufacturing to machine a wide variety of work places on few machines with low staffing levels, productively reliably and predictably.
  4. FMS shortens the manufacturing process through improved operational control round the clock availability of automated equipment, increases machines utilization and responsiveness, and reduction of human intervention.
  5. Better competitive advantage.
  6. Lower work in process inventories.
  7. Reduced through put time and its variability.
  8. Improved manufacturing control.
  9. Improved quality and reduced scrap rate.
  10. Reduction of floor space used.
  11. Better status monitor of machines tools and material handling devices.
Posted Date: 1/11/2013 8:20:11 AM | Location : United States

Related Discussions:- Advantages of fms, Assignment Help, Ask Question on Advantages of fms, Get Answer, Expert's Help, Advantages of fms Discussions

Write discussion on Advantages of fms
Your posts are moderated
Related Questions
Question: (a) Explain how effective teamwork is beneficial to both the individual and the organisation. (b) Team leaders have to be on the lookout for symptoms of ineffecti

While the industry average ROE is about 15%, average profit margin of 50%, asset efficiency of 10%, and leverage ratio of 3, the ROE for ABC, Inc., using data from January 2011, wa

What skills are helpful when working in Project and Programme support office? The skills which are most helpful probably include in Project and Programme support office: a.

MPMM has adopted best practice terminology to make sure that organizations communicate effectively whilst managing projects. Within the Glossary you will search definitions for all

We are two partners, starting a new business "Events Management" and we have to prepare the business plan with 7P''s, how could you help us?

What are the popular psychological tests? Several of the popular psychological tests are as given below: a. Intelligence Tests: Such are conducted for containing an idea o

Risk Management  in the TQM Framework   Total  Quality Management (TQM) is one of the widely used project management technique or approach. TQM mainly concentrates on process m

Discuss the considerations that management should take into account in determining the design of an accounting system which will satisfy both (i) its own information requirement

SWOT Analysis is constituted with strengths, weaknesses, opportunities and threats. It is the analysis that to identify the internal and external factors relate to the organization

T ools for collecting data Improper or incomplete collection of data is a fundamental error which has an effect on all the subsequent actions. Data may be collected at the tim