PRODUCTIVITY IS THE ANSWER TO REDUCE COST OF PRODUCTION

The Union of Small and Medium Enterprises (UNISAME) has urged the SME units to maintain quality and standard of their products and services in these challenging times as any overlooking will give a setback.
President UNISAME Zulfikar Thaver said due to increase in cost of production mainly due to depreciation of rupee and resultant landing cost of raw material the SME units are compelled to compromise on quality and this is not advisable. The SME units are advised to reduce overheads and adopt productivity and increase efficiency instead to save on cost. Maintaining bench mark is the key to success for SMEs.
He said UNISAME team on visiting several units found there is considerable wastage of time, energy and material and substantial savings can be done which would result favourably in reduction of cost. It was found that factories were using more electricity than required and in almost all units our experts pointed out 20% extra electricity was being used. The time and motion study revealed extra motion causing increase in expenses in logistics and unwanted exercises. A lot of material waste was also noticed due to lack of expertise.
UNISAME experts stressed on skillful handling of factory rejects, cuttings, broken percentages, downstream material and application of value addition methods.
In fact the team suggested turning waste to wealth applications.
The days of wastage are over and in these challenging times the factory owners are required to keep a sharp eye on productivity to save water, energy, raw material deligently without compromising on quality.

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