Applications of Operations Management On L&T
Applications of Operations Management On L&T
Operations Management
on L&T
Team No.- 02
Presented by-
Shweta Andhale
Gaurav Chaurasia
Mohit Kamble
Vishal Patekar
Saurabh Pekhale
Akshay Shrivastava
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Larsen & Toubro
• Larsen and Toubro is known as L&T Limited, is India’s multinational conglomerate
company.
• It was founded in 1938 by Henning Holck-Larsen and Soren Kristian Toubro.
• L&T group comprises of 93 subsidiaries, 8 associates, 34 joint-venture and 33
joint operations companies.
• It has various operating divisions i.e. L&T Realty, L&T Technology Services, L&T
Solar, Electrical and Automation, Medical Equipment & Systems and Larsen &
Toubro Infotech.
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Overview
• Larsen & Toubro is a major technology, engineering, construction, manufacturing
and financial services conglomerate, with global operations.
• L&T is engaged in core, high impact sectors of economy and its integrated
capabilities span the entire spectrum of ‘design to deliver’.
• L&T has several international offices and supply chain that extends around the
globe.
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WORK BREAK-DOWN STRUCTURE
• Dividing the complex project to simple and manageable task is the
process identified as work break-down structure.(WBS)
• Work breakdown structure (or WBS) is a hierarchical tree structure
that outlines your project and breaks it down into smaller, more
manageable portions.
• Breaking it down into smaller chunks means work can be done
simultaneously by different team members.
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PRODUCTIVITY OF THE PROJECT
• In any factory or corporates, productivity is a measure of ability to
measure of the ability to create goods and services from the given
amount of human resources, capital, land, knowledge, time or any
combination.
• Productivity is the output of any production process, per unit of
output.
• L&T is a company which gives contracts and depending on the
customer requirements the productivity is achieved.
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DURATION DRIVEN ESTIMATES
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RESOURCE DRIVEN ESTIMATES
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Consider drilling for a cast-in-situ pile using a winch for
a bridge . One abutment rests on soft soil ,where as
other on soft rock.
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Factor for working time
• Actual working hours/Ideal working hours=8.5/10=0.85
Actual duration = Ideal duration/Working time factor
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Productivity Independent Duration
• Certain activities in construction have fixed methods and resourced
requirements
• For example,
1. Pile load test
2. curing of piles
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Capacity planning
• Whether to make or buy
• Depends on Volume of work they make L&T formwork & scaffolds
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ABC Analysis
A-items: have the “highest annual consumption value” of goods i.e. 70%-80% of the
annual consumption value of the company. Ironically, it accounts only 10%-20% of
the total inventory items. They require stringent inventory control, more protected
storage areas and improved sales forecasts, re-orders should be frequent, with
weekly or even daily reorder; avoiding stock-outs on A-items is a priority.
2. B-items: are the interclass items, having medium consumption value i.e. 15%-25%
of annual consumption value. It consumes around 30% of the total inventory items.
3. C-items: have the “lowest annual consumption value” of goods i.e. 10%-15% of
the annual consumption value. On the contrary, it accounts for 50% of the total
inventory items.
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QFD
• A quality assurance tool aimed at
locating
• customer needs and transcending those
needs
• into product/service production stages,
ensuring
• that customer needs are delivered in the
end.
• Preventive measure
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Thankyou!!!
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