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http://dx.doi.org/10.12812/ksms.2016.18.2.109

Study on Cost Reduction Device Industry ICM application development  

Kim, Jong-Ouk (POSCO)
Bahng, Chan-Seok (POSCO)
Kim, Chang-Eun (Department of Industrial and Management Engineering, MYONGJI University)
Publication Information
Journal of the Korea Safety Management & Science / v.18, no.2, 2016 , pp. 109-118 More about this Journal
Abstract
IPS(Ideal Production System) is a strategic cost management establishing ideal target cost, innovating cost structure and reduction. However, IPS was commonly used in assembly industry acquiring components and using them to assemble vehicles etc. Applying IPS to steel industry is a new try and not easy because cost elements in flow manufacturing are clustered and obfuscated in a complicated way. This paper proposes ICM (Ideal Cost Management) method adaptive to steel industry. One of the biggest advantages is that ICM could classify and categorize costs in detail according to accounts and manufacturing machines. Based on ICM information, steps of extracting and maximizing ideas are followed effectively. From 2013, ICM was applied successfully to POSCO Pohang Steel Works 38 factories.
Keywords
IPS; ICM; Ideal Cost; Cost down;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
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