Megamiles Essay

COMPANY PROFILE :

Megamiles was setup in 1990. It has almost two decades of experience manufacturing a wide range of products for heavy , medium and light vehicles. They strive for achieving precise perfection and highest quality in all their manufactured engineering components.

Megamiles make use of modern technology manufacturing their products helping them attain the highest levels of quality. The group consist of megamiles bearing cups and Megatechs cold forging pvt ltd. A team of technically qualified promoters enable them to motivate their entire staff for an increase human resources efficiency.[1]

VISION

To be a leading manufacturer of international quality products and a reliable and efficeint source of auto and engineering parts [1]

MISSION

To enable consistency in product

Most companies do not perform to their maximum capacity due to a variety of reasons. Determining the capacity is helpful for mainly the following reasons :

1) Help in creating a master production schedule.

2) Total supply-chain outlook can be determined.

3) Understand the current available capacity.

4) Rectify capacity exceptions.

With the current world economic conditions , price sensitivity is a major issue as most companies are looking down to cut costs. Hence capacity utilisation provides a simple way to “ keep score “ of the manufacturing process.[6]

• Capacity Index= M/c Work time+ Labour Work time [2] (M/c total time + Labour Total time)

The various operations in the factory have been described below :

Visual inspection : When the raw materials arrive from the mill , they undergo visual inspection and the defected parts are checked for. The good parts are segregated from the defected pieces . The defected pieces are rejected and a debit note is created to analyse the losses and sent back to the mill for re