International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 06 Issue: 04 | Apr 2019 www.irjet.net p-ISSN: 2395-0072 © 2019, IRJET | Impact Factor value: 7.211 | ISO 9001:2008 Certified Journal | Page 1955 Productivity Improvement by Time Study Analysis Moderate Scale Industry – Manufacturing of Cutting Tools Vatsal Singh 1 , Sharwari Nalawade 2 , Ashish Dhongde 3 , Saumdeep Bera 4 1,2,3,4 Student, MIT Academy of Engineering, Alandi, Pune, Maharashtra, INDIA. ---------------------------------------------------------------------***---------------------------------------------------------------------- Abstract - The productivity of any organization can be improved by optimizing the work processes and time. Improving productivity implies making the best possible use of the available resources and obtaining maximum output from them. Maximum productivity is the trademark of a successful organization. The purpose of this research is to improve productivity in a medium scale industry. Research of a medium scale industry which manufactures cutting tools is carried. Time and motion study have been used to propose solutions for increasing productivity in the industry. The objective is to identify problems occurring in the industry which cause losses in time and effort and propose methods to manage the work effectively. To undertake a detailed study of the industry tools like flow process charts, process charts, travel charts, etc. were used. The activity performed by the group helped to reduce the material wastage occurring in the industry and the processes could be optimized easily. Key Words: Industry, Operations, Productivity, Time Study, Tools 1. INTRODUCTION ILO defines time study as a work measurement technique for recording the times and rates of working for the elements of a specified job carried out under specified conditions, and for analysing the data to obtain the time necessary for carrying out the job at a defined level of performance. Time study is the technique of establishing an allowed time standard to perform a given task, based upon measurement of work content of the prescribed method, with due allowance for fatigue and personal and unavoidable delays. According to Meyers (2002), time standards can be defined as “the time required to produce a product at a work station with the three conditions: (1) a qualified, well-trained operator, (2) working at a normal pace, and (3) doing a specific task.” Time and Motion studies are a core set of tools which are used by the managers in the industrial sector to enhance the performance or the operational efficiency. The main task is divided into subtasks and a standard time is set for every task. Observations of the production line of the industry are conducted and then the delay is calculated in each task. The delay in each task results in a total delay in the manufacturing of main product. Thus, the main aim of this study is to check where time is lost. The project is undertaken in G M Tools, M. I. D. C. Bhosari, who are manufacturers of cutting tools used for manufacturing of various machinery. Assessment was done through direct observation, questionnaire and investigating the operators. Observing the current manufacturing process, it is found that improvements can be made in the layout, worker monitoring system, work distribution. Some machines can be brought in- house but it may involve a huge capital investment initially. Each subtask required to manufacture a cutting tool was studied. Time observations were taken for them and analysis of observations helped us to identify the wastage and problems. 2. Research Method With the intention to obtain primary data, the survey of the industry was carried by interacting with the owner, professionals and employees in the industry. Study of the manufacturing processes right from procuring the raw material to the finished product ready to go in the market were noted. As cutting tools involve varied types, selection of one cutting tool to be studied and observing the general layout was the first step. The flow of materials and processes was studied to identify potential areas for improvement. 2.1 Selection of Product The industry manufactures various cutting tools like drill bits, milling cutters, blades, etc. The basic procedure involved in manufacturing of the cutting tools was almost similar, but the difference comes into play in manufacturing at some stages because of its specific cutting application. A milling cutter was selected for the study as it involved numerous operations in manufacturing which helped to get a detailed and thorough idea of all the manufacturing operations as well as milling cutters are widely used in the mechanical industry for fabrication. 2.2 Recording the Facts Collection of the required data is a very crucial part of the study. The factual data was recorded using time study in order to analyse the time required for each procedure. Ideal time or standard time was considered and then time required for each process was recorded. The time was compared to calculate where wastage of time took place. A time study observation sheet was used to record the time.