Evening Lecture by Mr. D Krishnamachari on 30th July 2016
Monthly Evening Lecture Programs
On 30th July 2016, Mr. D. Krishnamachari, Freelance Operational Consultant and Life Member - NIQR delivered a lecture on "Cost Control through Quality Control" at NIQR Conference Hall. Dr. P. Ramesh, Co opted member – NIQR National Body presided over the lecture program and welcomed the members present.
Mr. A. Pradeep, ECM - NIQR Chennai Branch introduced the speaker.
Mr. D. Krishnamachari started his lecture with a clear distinction between cost reduction and cost control. He advocated that Quality Control should have a broader spectrum of challenging the cost reduction targets and ensure enough energy is spent in making the target setting oriented towards customer requirements.
He put forward his thinking of the progress to be made in this aspect even by some of the Deming Prize winning Organisations. He deliberated on the potential for cost reduction in planning, communication, motivation, appraisal and decision-making.
The Q & A session was very interesting with lengthy discussions about the ways & means adopted by different organisations in achieving cost reduction.
Prof C. Uthayakumar, ECM – NIQR Chennai Branch summed up the proceedings commending the methodology adopted by the speaker to show the vast difference between cost reduction and cost control in a subtle way.
Mr. D. Krishnamachari, a Six Sigma Green Belt is a Post Graduate Engineer in Mechanical Engineering and former Executive Director of Hinduja Foundries Ltd. He has 36 Years of Professional experience in Operations, Manufacturing, Project Management, Quality and Productivity Improvement & Man Management in Organizations of repute in Engineering, Steel, Foundry & Rubber Industries and also Reengineering, Lean & Operational Excellence. He is experienced in Manufacturing Operations and redesigning Supply Chain. He has developed & implemented new manufacturing systems which have resulted in improved QCD. He has initiated & implemented operational excellence in 3 businesses resulting in 2 of them getting CII EXIM COMMENDATION FOR BUSINESS EXCELLENCE.
Mr. C. V. Gowri Sankar, Secretary, NIQR Chennai Branch proposed the vote of thanks