IMTMA Training Centre

Good Practices for Manufacturing Cost Reduction

Date : 17 to 18 October, 2019

@ BIEC, 10th Mile, Tumkur Road, Madavara Post, Bangalore


Continuous Value enrichment for all its stakeholders (Investors, Customers, Partners, Employees, Society) is the only way to be locally and globally successful. An excellent organization with its highly competent process and people do the right things better, faster and more efficiently than its competition – Cost, Quality, Delivery, Innovation.

Reducing cost is not cutting corners. This approach has severe limitation and will do more harm than good in medium to long term. Instead of that, focus on developing a Manufacturing system that allows minimal use of resources (4M) to produce defect free products in the shortest possible time with least amount of left over. It is all the more imperative today when many organizations are struggling for profitability.

Keeping this in view, Indian Machine Tool Manufacturers' Association (IMTMA) is organizing a 2 day programme on Good Practices for Manufacturing Cost Reduction on 17 - 18 October 2019 at Bangalore. 

Focus Areas

  • Elements of Cost of Manufacturing and cost reduction strategies – Raw Material, Labour and Overheads
  • Identification, reduction, elimination of various process wastes – Standing in a Circle, Waste walk
  • OEE – Overall Equipment Effectiveness
  • Constraint Management
  • Loss Cost Matrix
  • Some Tools to improve Productivity
  • Problem solving Tools – Cause & Effect Diagram, Cause & Effect Matrix, 5 Why
  • Cost of Quality
  • My Model Machine
  • Preventive Maintenance
  • Focused improvement - Kaizen
  • Improvement Project management and calculation of Financial benefits

Key Take Aways

After undergoing the programme, the participants will be able to -

  • Learn right strategies, practices, tools, to reduce Cost of Manufacturing to improve Profitability
  • Measure financial benefits from initiatives, projects
  • Plan right initiatives, actions to reduce cost of manufacturing by process improvements
  • Relate every action in Operations to profitability
  • Understand how he / she as an individual professional and as an effective team leader, member can contribute to making the organization more competitive

Participation Fee

Rs. 7500/-

IMTMA Members / Micro Companies

Rs. 8500/-

IMTMA Non Members/ Others

+18% GST

Group Concession : 5% for 3 to 5 and 10% for 6 and more delegates being nominated from the same company

Special concession available for Faculty & Students from engineering colleges

(subject to availability of seats)

Participant Profile

Engineers and Executives (minimum 2 years of Industry experience), Junior to Senior level Managers, HODs from Production, Planning, SCM, Quality, Maintenance, Manufacturing engineering, Design and Development.

Faculties from academic institute.


Relevant companies

  • Any Manufacturing organization irrespective of type of products, size, market
  • Engineering Service providers (ESP)
  • Faculty from engineering colleges
  • Students from engineering colleges


This Program will be conducted by Mr Subrata Mitra Majumdar

Mr. Subrata Mitra Majumdar, is a Management and Operational Excellence Consultant and a faculty of IMTMA. He is a Mechanical Engineer from Bengal Engineering College, Shibpur”, Calcutta in 1986, Six sigma Master Black Belt, Lean Black Belt, TQM trained in Japan.

He has about 33 years of regional and global experience in multiple executive roles in Business management, Profit & Loss Management, Strategy, Operations, Quality ,Safety and Environment Management, Supply Chain , New Product Development, Enterprise Operating system deployment, Operational and Business Excellence.

He has worked with both Indian and MNCs like Anand Automotive, ABB, Saint Gobain, TATA Autocomp, Kennametal and YG1. Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 3000 people so far in last 20 years.

For Registration Contact

Mary George

Programme Co-ordinator

Telephone :   080 66246512
Mobile :   9880569034
Email :

REGISTRATION : Prior registration for participation is necessary. Number of participants is limited and will be accepted on ‘First Come First Serve’ basis. A Certificate of participation will be issued to participants.

Important Information : Participation fee includes, course material, working lunch and tea / coffee. Interested companies are requested to register online by clicking on 'REGISTER' button and by filling up the nomination authority and participant's details in specified form.

Suggested Programmes

Advanced Programming for CNC Machining Centres

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Advanced Programming for CNC Machining Centres

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Hands-on Training in Programming and Operation of CNC Machining Centres

16 to 20 December, 2019, BIEC, 10th Mile, Tumkur Road, Madavara Post, Bangalore

Challenges and solutions in Thread cutting

17 December, 2019, 12/5, D1 Block, MIDC Chinchwad, Pune

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