Cost Deploymend (CD) Pillar Overview
Jan 16, 2024Introduction to Cost Deployment
Cost deployment has been popularized by the World Class Manufacturing (WCM) approach, which focuses on improving manufacturing costs with a direct bottom-line impact.
While other WCM/TPM/Operating System pillars like Professional Maintenance (Planned Maintenance or Machine Reliability) and Quality Management enhance equipment reliability and process quality, Cost Deployment helps identify proactive cost reduction opportunities for profitability.
How
Cost deployment uses cost loss matrices (costs analyses) to identify current financial losses (e.g., material yield, line speed, setup times, energy use) and target areas for cost savings. It examines losses across the entire production system, differentiating between causal and result losses, and prioritizes improvements based on their wider impact on the system.
Source:
Did you find this content useful? If you did, you will probably find value in the FREE Tools, Templates, and Mini-Courses we provide to empower you to be successful in your career journey!
Stay connected with news and updates!
Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.
We hate SPAM. We will never sell your information, for any reason.