This book shows how to consistently obtain annual and multiannual manufacturing target profit regardless of the evolution of sales volumes, increasing or decreasing, using the Manufacturing Cost Policy Deployment (MCPD) system. Managers and practitioners within the manufacturing companies will discover a practical approach within the MCPD system that will help them develop and support their long-term, medium-term, and short-term profitability and productivity strategy. The book presents both the basic concepts of MCPD and the key elements of transforming manufacturing companies through MCPD system, as well as supporting the consistent growth of external and internal profit by directing all systematic and systemic improvements based on meeting the annual and multiannual Manufacturing Cost Improvement (MCI) targets and means for each Product-Family Cost (PFC).
This book is unique because it presents two types of systematic and systemic improvement projects for MCI that have been applied over the years in various multinational manufacturing companies operating in highly competitive markets, in order to address the consistent reduction of unit manufacturing costs by improving the Cost of Losses and Waste (CLW).
Readers will discover the practical approach of MCI based on a structured approach to MCPD system beyond the traditional approach to manufacturing improvements based mainly on improved time and quality. Therefore, from the perspective of the MCPD system, the multiannual manufacturing target profits are met while the annual and multiannual manufacturing target costs are a predetermined stake and not a result of the improvements already made.
About the Author: Alin Posteucă, Ph.D, is a management consultant in profitability, productivity and quality and Managing Partner of Exegens Management Consultants (Romania). Prior to this position, he held top management positions in manufacturing and service companies.
His major research areas include manufacturing policy deployment, manufacturing cost improvement, and operational management of production. His recent research includes the manufacturing cost policy deployment (MCPD) which aims at achieving multiannual manufacturing target profit by meeting the external target profit, by providing the manufacturing capacities needed to support sales plans, especially when sales are increasing (effectiveness or maximizing output by reducing or eliminating non-effective use of inputs - losses), and in achieving internal profit through continuous improvement of manufacturing costs, especially when sales are decreasing (efficiency or minimization of inputs by reducing or eliminating excessive amounts of inputs - waste). He has been actively involved in various industrial consulting and training projects for more than 20 years in Romania.
He has an MBA degree (University of Iasi, Romania). He received his Ph.D. in managerial accounting from the Bucharest University of Economic Studies (Romania). Also, he received his Ph.D. in industrial engineering from the Polytechnic University of Bucharest (Romania). He is certified public accountant in Romania.
He has published in various research journals and presented papers at numerous conferences and congresses regarding productivity, manufacturing cost improvement and industrial engineering. He is the co-author of Manufacturing Cost Policy Deployment (MCPD) and Methods Design Concept (MDC): The Path to Competitiveness (2017, Productivity Press, USA). Also, he is the author of Manufacturing Cost Policy Deployment (MCPD) Transformation: Uncovering Hidden Reserves of Profitability (February, 2018, Productivity Press, USA).
