Company Profile & Indsutry Profile of Fine Fab
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COMPANY PROFILE
We are primarily Designers, Fabricators and Erectors of Chemical & Pharmaceutical
equipment and Waterworks equipment. We are based in Hyderabad, Andhra Pradesh,
India.
We have been supplying different kinds of equipment to various organizations of
chemical & pharmaceutical industries both in India & Abroad. We have been in the field
of custom fabrication for over 23 years and have acquired expertise, resources and
technical manpower. We have some of the finest and precise manufacturing facilities as
well as a well-equipped design team.
Each and every product of ours renders a very high quality of performance and is made
from the best quality stainless steel and mild steel. The materials used undergo various
chemical and physical tests for quality of highest order. We can also meet your
requirement of conforming to both Indian & International standards. We have qualified
engineers with vast experience and the added experience of having worked with the
best consultants in the business. We are also certified as an ISO 9001:2000 compliant
company by TUV-SUD, Germany
Profile
Fine Fab Pvt. Ltd. is a steel fabrication company, which fabricates primarily
chemical equipment, among other things. These chemical equipment involve
equipment which are used in bulk drugs and pharmaceutical companies, like
Chemical Reactors, Heat Exchangers, Receivers, Storage Tanks, Nutch Filters,
Driers etc. Other equipment Finefab manufactures include Radial gates, hot mix
plants etc. Since the majority of orders come from bulk drug sectors we have come
to specialize in Chemical equipment. Finefab also has developed a reputation of
manufacturing quality equipment and has also exported a lot of equipment to the
Middle East and East Asia. M/s. Orchid Chemicals and pharmaceuticals Ltd. is our
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biggest client and Finefab has supplied equipment for over 10 million dollars.
Philosophy & Achievements
Our philosophy basically puts a strong emphasis on trust and commitment to ourfour wheels of success.
Quality We know that quality is the foremost factor to strengthen the trust
that our customers have bestowed on us. That is why we pay utmost
attention in providing the best quality of materials and finish. That is precisely
why 90 % of our orders come from repeat business.
Technology We understand the importance of keeping ourselves abreastof the various changes in the requirements of our customers. Hence we
invest a considerable amount of time and resources in the updating of
ourselves with the changing times and technologies.
Customer Service We strongly believe in providing the best customer
service, both before and after delivery. That is why our motto has been
Custom Fabrication for Customer Satisfaction.
Timely Delivery We know the value and cost of your time and how much
you would stand to lose even if one item doesnt reach you on time. That is
why we give our very best for a timely delivery and a strict adherence to
schedules.
Our Reputation and Track Record of over 23 years speaks for itself. It is in lieu of
our above philosophy and our export accomplishments that the Indian Council for
Small & Medium Exporters had bestowed us with the Excellence Award in 1997.
We have also received a credit rating of SE 2B by CRISIL indicating a high
performance capability.
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Promoters
The following are the chief promoters of this company:
V.VENUGOPAL REDDY, (M.Tech), Managing Director: Mr. Venugopal
Reddy is a postgraduate from REC-WARANGAL, in the field of power
systems. He has over 30 years of experience in various fields and is also a
class-A civil contractor. He enjoys a huge goodwill among his peers and is
well known for his social endeavors. He is a true entrepreneur and has
successfully executed various projects. He was also a well renowned
sportsman during his academic years.
V.VAMSI KRISHNA, (M.S.), Executive Director: Mr. Vamsi Krishna hascompleted his graduation as a bachelor of engineer in the field of electronics
and communication. He has also completed his masters degree in the field
of computer science, in Northern Illinois University, Chicago, U.S.A. He has
also worked in the U.S.A. for over 2 years in one of the most reputed
companies in the U.S.A., before returning back to India. He has since been
instrumental in developing the various companies & firms in the group.
D.VENKATESWARA REDDY (B.E.), Director: Mr. Venkateswara Reddy
has completed his graduation as a bachelor of engineer in the field of
Mechanical Engineering. He has over 17 years of experience in the field of
steel fabrication and is known to lead by example with respect to work
ethics.
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Products
Our main products are as follows:
Chemical Reactors
Hydrogenator
Crystallizes
Permenters
Heat Exchangers
Tube Bundles
Cooling Coils
Storage Tanks
Leaf Filters
Nutch Filters
Centrifugal Leaf Filters
Centrifuges
Drum Mixing plants
Blenders
Belt Conveyors
Online Filters Pressure Filters
Flackers
Distillation Columns
Sodium Cutting machines
We also manufacture Penstocks (Water Pipes) and Radial gates in addition to
undertaking Piping, Structural Fabrication and Lead/Rubber lining works as well.
We are always on the lookout to enlarge and diversify our product range to meet
our customers needs.
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Infrastructure
LIST OF MACHINERY
Description Quantity (in Nos.)
Plate Bending Machines 2
Plasma Arc Cutting cum Tig Welding Machine 2
Welding Generators 3
Air Cooled Welding Transformers 7
Radial Drilling Machines 2
Pillar Type Drilling Machine 3
Grinding Machines (Various Types) 9
Bench Grinders 3
Portable Drilling Machine 4
Lathe Machine 2
Air Compressor 2
Pug Cutting Machines 4Hydraulic Pipe Bending Machines 3
Hydraulic Testing Equipment 3
Air plasma Cutting Machine 2
Gas Cutting Sets 3
Power Hacksaw 2
Pipe Cutting Machine 1
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ORGANISATION STRUCTURE
BOARD OF DIRECTORS
MANAGINGDIRECTOR
MARKETINGMANAGER
PRODUCTION
MANAGER
FINANCE MANAGER
ACCOUNTANTSUPERVISORSALES
REPRESENTATIVES
MACHINEOPERATORS
WORKERS
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VARIOUS DEPARTMENTS:-
There are mainly eight departments in the Fine Fab. They are as follows:-
Purchase Department Quality Control Department
Production Department
Marketing Department
Accounts Department
HRD Department
Despatch Department
R & D Department
PURCHASE DEPARTMENT
Purchase department looks after all the purchases of raw materials. The
department looks after the purchase of all divisions. The purchase manager handles all
matters regarding the purchase. The manager is assisted by supervisor and
storekeeper. The purchasing decision is done only after a close examination of the
quantity and quality of the materials to be purchased.
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PRODUCTION DEPARTMENT
The production of all the medicines is managed by the production manager.
The production manager is assisted by five supervisors and ninety workers. The
material requirement for the production of medicines are evaluated by supervisors
and reported to the manager. The production process and the time required for the
completion of the product differs for the entire product. There are more products
being produced by this department.
CHART
Production Manager
Supervisor
Workers
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ACCOUNTS DEPARTMENT
The accounting department maintains all the accounting works of the
company. There are five accountants in the department. These accountants
maintain all accounting records like balance sheet and profit & loss account. The
report thus obtained is submitted to the senior assistant. The senior accountant
thus examines all the records and clears it. The final report is submitted to the
accounts manager. The accounting manager then thus forwards the report to the
top management.
CHART
Accounts Manager
Senior Accountant
Accountants
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RESEARCH &DEVELOPMENT DEPARTMENT
All kinds of research and developments take place in this department. The
company is also maintaining a separate department for all the researches. The lab
assistant creates different ways for the purpose of innovating new medicines. The
research is found successfully is tested and developed so that they can produced
and sold. A small portion of the raw materials purchased are used for this purpose.
CHART
R & D Manager
Workers
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QUALITY CONTROL DEPARTMENT
The quality control department checks the quality of both the raw materials
as well as that of the finished products. Only after proper checking of the raw
materials, they are used for the purpose of production. Then only after proper
checking of the finished products they are further proceeded for despatch. The
functions of this department include incoming raw material quality control, in
process quality control activities, and finished products quality control activities.
CHART
Manager
Workers
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DESPATCH DEPARTMENT
Despatch department deals with packing and dispatching of the product as
per the production and orders received from the concerned agencies. Despatch
department deals only with the finished product. The despatch department dealings
are done by the manager and the workers in the department.
CHART
Manager
Workers
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MARKETING DEPARTMENT
Marketing department undertakes all the matters regarding the sales,
pricing and sales promotion activities of the products. This department provides
cash as well as credit sales. The credit sales are allowed for a period of one month.
The marketing manager takes all the important decisions concerning the marketing
of the products.
CHART
Marketing Manager
Assistant Manager
Sales representatives
Agency
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HUMAN RESOURCE DEPARTMENT
The human resource department deals with the training and development of
workers in the pharmacy. They provide training for all the workers. The HR
manager manages all the work related with the human resource of the company.
INDUSTRY PROFILE
Industrial engineering is a branch of engineering dealing with the optimization of
complex processes or systems. It is concerned with the development, improvement,
implementation and evaluation of integrated systems of people, money, knowledge,
information, equipment, energy, materials, analysis and synthesis, as well as the
mathematical, physical and social sciences together with the principles and methods of
engineering design to specify, predict, and evaluate the results to be obtained from such
systems or processes. Its underlying concepts overlap considerably with certain
business-oriented disciplines such as operations management, but the engineering side
tends to emphasize extensive mathematical proficiency and usage of quantitative
methods.
Depending on the subspecialties involved, industrial engineering may also be known as,
or overlap with, operations management, management science, operations research,
systems engineering, manufacturing engineering, ergonomics or human factors
engineering, safety engineering, or others, depending on the viewpoint or motives of theuser. For example, in health care, the engineers known as health management
engineers or health systems engineers are, in essence, industrial engineers by another
name.
Overview
http://en.wikipedia.org/wiki/Engineeringhttp://en.wikipedia.org/wiki/Process_%28engineering%29http://en.wikipedia.org/wiki/Systemhttp://en.wikipedia.org/wiki/Moneyhttp://en.wiktionary.org/wiki/synthesishttp://en.wikipedia.org/wiki/Social_scienceshttp://en.wikipedia.org/wiki/Operations_managementhttp://en.wikipedia.org/wiki/Management_sciencehttp://en.wikipedia.org/wiki/Operations_researchhttp://en.wikipedia.org/wiki/Systems_engineeringhttp://en.wikipedia.org/wiki/Manufacturing_engineeringhttp://en.wikipedia.org/wiki/Ergonomicshttp://en.wikipedia.org/wiki/Human_factorshttp://en.wikipedia.org/wiki/Safety_engineeringhttp://en.wikipedia.org/wiki/Health_carehttp://en.wikipedia.org/wiki/Management_engineeringhttp://en.wikipedia.org/wiki/Management_engineeringhttp://en.wikipedia.org/wiki/Industrial_engineerhttp://en.wikipedia.org/wiki/Industrial_engineerhttp://en.wikipedia.org/wiki/Management_engineeringhttp://en.wikipedia.org/wiki/Management_engineeringhttp://en.wikipedia.org/wiki/Health_carehttp://en.wikipedia.org/wiki/Safety_engineeringhttp://en.wikipedia.org/wiki/Human_factorshttp://en.wikipedia.org/wiki/Ergonomicshttp://en.wikipedia.org/wiki/Manufacturing_engineeringhttp://en.wikipedia.org/wiki/Systems_engineeringhttp://en.wikipedia.org/wiki/Operations_researchhttp://en.wikipedia.org/wiki/Management_sciencehttp://en.wikipedia.org/wiki/Operations_managementhttp://en.wikipedia.org/wiki/Social_scienceshttp://en.wiktionary.org/wiki/synthesishttp://en.wikipedia.org/wiki/Moneyhttp://en.wikipedia.org/wiki/Systemhttp://en.wikipedia.org/wiki/Process_%28engineering%29http://en.wikipedia.org/wiki/Engineering8/22/2019 Company Profile & Indsutry Profile of Fine Fab
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While the term originally applied to manufacturing, the use of "industrial" in "industrial
engineering" can be somewhat misleading, since it has grown to encompass any
methodical or quantitative approach to optimizing how a process, system, or
organization operates. Some engineering universities and educational agencies around
the world have changed the term "industrial" to broader terms such as "production" or
"systems", leading to the typical extensions noted above. In fact, the primary U.S.
professional organization for Industrial Engineers, the Institute of Industrial Engineers
(IIE) has been considering changing its name to something broader (such as the
Institute of Industrial & Systems Engineers), although the latest vote among
membership deemed this unnecessary for the time being.
The various topics concerning industrial engineers include management science,financial engineering, engineering management, supply chain management, process
engineering, operations research, systems engineering, ergonomics / safety
engineering, cost and value engineering, quality engineering, facilities planning, and the
engineering design process. Traditionally, a major aspect of industrial engineering was
planning the layouts of factories and designing assembly lines and other manufacturing
paradigms. And now, in so-called lean manufacturing systems, industrial engineers
work to eliminate wastes of time, money, materials, energy, and other resources.
Examples of where industrial engineering might be used include designing an assembly
workstation, strategizing for various operational logistics, consulting as an efficiency
expert, developing a new financial algorithm or loan system for a bank, streamlining
operation and emergency room location or usage in a hospital, planning complex
distribution schemes for materials or products (referred to as Supply Chain
Management), and shortening lines (orqueues) at a bank, hospital, or a theme park.
Industrial engineers typically use computer simulation (especially discrete event
simulation), along with extensive mathematical tools and modeling and computational
methods for system analysis, evaluation, and optimization
http://en.wikipedia.org/wiki/Institute_of_Industrial_Engineershttp://en.wikipedia.org/wiki/Management_sciencehttp://en.wikipedia.org/wiki/Financial_engineeringhttp://en.wikipedia.org/wiki/Engineering_managementhttp://en.wikipedia.org/wiki/Supply_chain_managementhttp://en.wikipedia.org/wiki/Process_engineeringhttp://en.wikipedia.org/wiki/Process_engineeringhttp://en.wikipedia.org/wiki/Operations_researchhttp://en.wikipedia.org/wiki/Systems_engineeringhttp://en.wikipedia.org/wiki/Ergonomicshttp://en.wikipedia.org/wiki/Safety_engineeringhttp://en.wikipedia.org/wiki/Safety_engineeringhttp://en.wikipedia.org/wiki/Value_engineeringhttp://en.wikipedia.org/wiki/Quality_assurancehttp://en.wikipedia.org/wiki/Plant_layout_studyhttp://en.wikipedia.org/wiki/Lean_manufacturinghttp://en.wikipedia.org/wiki/Supply_Chain_Managementhttp://en.wikipedia.org/wiki/Supply_Chain_Managementhttp://en.wikipedia.org/wiki/Queueing_theoryhttp://en.wikipedia.org/wiki/Computer_simulationhttp://en.wikipedia.org/wiki/Discrete_event_simulationhttp://en.wikipedia.org/wiki/Discrete_event_simulationhttp://en.wikipedia.org/wiki/Discrete_event_simulationhttp://en.wikipedia.org/wiki/Discrete_event_simulationhttp://en.wikipedia.org/wiki/Computer_simulationhttp://en.wikipedia.org/wiki/Queueing_theoryhttp://en.wikipedia.org/wiki/Supply_Chain_Managementhttp://en.wikipedia.org/wiki/Supply_Chain_Managementhttp://en.wikipedia.org/wiki/Lean_manufacturinghttp://en.wikipedia.org/wiki/Plant_layout_studyhttp://en.wikipedia.org/wiki/Quality_assurancehttp://en.wikipedia.org/wiki/Value_engineeringhttp://en.wikipedia.org/wiki/Safety_engineeringhttp://en.wikipedia.org/wiki/Safety_engineeringhttp://en.wikipedia.org/wiki/Ergonomicshttp://en.wikipedia.org/wiki/Systems_engineeringhttp://en.wikipedia.org/wiki/Operations_researchhttp://en.wikipedia.org/wiki/Process_engineeringhttp://en.wikipedia.org/wiki/Process_engineeringhttp://en.wikipedia.org/wiki/Supply_chain_managementhttp://en.wikipedia.org/wiki/Engineering_managementhttp://en.wikipedia.org/wiki/Financial_engineeringhttp://en.wikipedia.org/wiki/Management_sciencehttp://en.wikipedia.org/wiki/Institute_of_Industrial_Engineers8/22/2019 Company Profile & Indsutry Profile of Fine Fab
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History
Efforts to apply science to the design of processes and of production systems were
made by many people in the 18th and 19th centuries. They took some time to evolve
and to be synthesized into disciplines that we would label with names such as industrial
engineering, production engineering, or systems engineering. For example, precursors
to industrial engineering included some aspects ofmilitary science; the quest to develop
manufacturing using interchangeable parts; the development of the armory system of
manufacturing; the work of Henri Fayol and colleagues (which grew into a larger
movement called Fayolism); and the work ofFrederick Winslow Taylorand colleagues
(which grew into a larger movement called scientific management). In the late 19th
century, such efforts began to inform consultancy and higher education. The idea of
consulting with experts about process engineering naturally evolved into the idea of
teaching the concepts as curriculum.
Industrial engineering courses were taught by multiple universities in Europe at the end
of the 19th century, including in Germany, France, the United Kingdom, and Spain.[1]In
the United States, the first department of industrial and manufacturing engineering was
established in 1909 at the Pennsylvania State University. The first doctoral degree in
industrial engineering was awarded in the 1930s by Cornell University.
Industrial engineers determine the most effective ways to use the basic factors of
production -- people, machines, materials, information, and energy -- to make a product
or to provide a service. They are the bridge between management goals and
operational performance. They are more concerned with increasing productivity through
the management of people, methods of business organization, and technology thanare engineers in other specialties, who generally work more with products or processes.
Although most industrial engineers work in manufacturing industries, they may also
work in consulting services, healthcare, and communications. To solve organizational,
production, and related problems most efficiently, industrial engineers carefully study
the product and its requirements, use mathematical methods such as operations
http://en.wikipedia.org/wiki/Applied_sciencehttp://en.wikipedia.org/wiki/Military_sciencehttp://en.wikipedia.org/wiki/Interchangeable_partshttp://en.wikipedia.org/wiki/American_system_of_manufacturinghttp://en.wikipedia.org/wiki/American_system_of_manufacturinghttp://en.wikipedia.org/wiki/Henri_Fayolhttp://en.wikipedia.org/wiki/Fayolismhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Scientific_managementhttp://en.wikipedia.org/wiki/Consultanthttp://en.wikipedia.org/wiki/Higher_educationhttp://en.wikipedia.org/wiki/Curriculumhttp://en.wikipedia.org/wiki/Industrial_engineering#cite_note-1http://en.wikipedia.org/wiki/Industrial_engineering#cite_note-1http://en.wikipedia.org/wiki/Industrial_engineering#cite_note-1http://en.wikipedia.org/wiki/Pennsylvania_State_Universityhttp://en.wikipedia.org/wiki/Cornell_Universityhttp://en.wikipedia.org/wiki/Cornell_Universityhttp://en.wikipedia.org/wiki/Pennsylvania_State_Universityhttp://en.wikipedia.org/wiki/Industrial_engineering#cite_note-1http://en.wikipedia.org/wiki/Curriculumhttp://en.wikipedia.org/wiki/Higher_educationhttp://en.wikipedia.org/wiki/Consultanthttp://en.wikipedia.org/wiki/Scientific_managementhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Fayolismhttp://en.wikipedia.org/wiki/Henri_Fayolhttp://en.wikipedia.org/wiki/American_system_of_manufacturinghttp://en.wikipedia.org/wiki/American_system_of_manufacturinghttp://en.wikipedia.org/wiki/Interchangeable_partshttp://en.wikipedia.org/wiki/Military_sciencehttp://en.wikipedia.org/wiki/Applied_science8/22/2019 Company Profile & Indsutry Profile of Fine Fab
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research to meet those requirements, and design manufacturing and information
systems. They develop management control systems to aid in financial
planning and cost analysis and design production planning and control systems to
coordinate activities and ensure product quality. They also design or improve systemsfor the physical distribution of goods and services. Industrial engineers determine which
plant location has the best combination of raw materials availability, transportation
facilities, and costs. Industrial engineers use computers for
simulations and to control various activities and devices, such as assembly lines and
robots.
They also develop wage and salary administration systems and job evaluation
programs. Many industrial engineers move into management positions because the
work is closely related.
The work of health and safety engineers is similar to that of industrial engineers in that it
deals with the entire production process. Health and safety engineers promote worksite
or product safety and health by applying knowledge of industrial processes, as well as
mechanical, chemical, and psychological principles. They must be able to anticipate,
recognize, and evaluate hazardous conditions as well as develop hazard control
methods. They also must be familiar with the application of health and safety
regulations
The provinces manufacturing industry developed around processing the abundant
natural resources harvested or extracted in the province: canning salmon, processing
fruits and berries, producing lumber and paper, and smelting and refining ores. These
activities still dominate manufacturing in BC, but their role has been diminishing over
time as other industries are becoming more prominent.
During the last decade and a half, the composition of BCs manufacturing industry has
been changing. It remains dominated by resource-based production, but the focus is
gradually shifting to a greater emphasis on other products such as computers,
electronics, plastics and clothing. This has partly been fostered by free trade
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agreements, which have opened up new markets for Canadian products. As well, new
types of manufacturing have emerged in order to take advantage of changes in
technology, and shifting consumer and business demand for various types of products.
The largest manufacturing industry in BC continues to be the wood industry, with BC
contributing 40% of Canadas GDP in this sector. Food production is the second largest
manufacturing industry in BC, with dairy and meat production the primary contributors.
Other manufacturing industries in the province include paper, machinery, electronics,
and computers & peripheral devices.
The greatest growth from 1997 to 2006 was in computer and peripheral equipment
manufacturing, which more than quadrupled its GDP in this period, rising from $40 to
$220 million. The production of pharmaceuticals and medicines more than doubled in
BC between 1997 and 2006, a growth rate similar to that seen in the electronics
industry.
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Future job growth for industrial and manufacturing engineers is expected to be average,
with a total of 270 job openings in BC between 2010 and 2015. Just over half of these
will be from the creation of new jobs, with the remaining positions as a result of
retirements.
Traditionally, industrial engineers worked in the manufacturing industry, helping
factories achieve the most efficient balance of human labour, natural resources, and
technology. In recent years, they have branched out. Engineers now work with
hospitals, fast food restaurants, and other organizations that depend on efficient
physical performance for their success. Industrial engineers are efficiency experts. They
improve companies productivity by evaluating the way the different branches of acompany do things, and thinking of better ways to do them.
Efficiency includes not only technical problems, but also financial and personnel issues.
For example, if an industrial engineer is deciding whether or not to replace factory
workers with computerized machines, he or she considers the cost of the machines and
the effect they will have on remaining factory workers. Because industrial engineers
deal with such a wide range of issues, theirs is one of the least technical and most
people-oriented of the engineering disciplines.
Some industrial engineers design processes (such as assembly lines) within factories or
service sector companies to ensure the most efficient use of resources. Others
specialize in human factors engineering, meaning they create ergonomic (human-
friendly and comfortable) machines, tools, office furniture, and computer work stations.
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Specialists in other areas concentrate on measuring the quality of certain goods and
services, or creating information-gathering systems that are used by computers in the
manufacturing process.
The Employment Outlook for BC 2007-2017 provides job openings projections for
Industrial and Manufacturing Engineers within BC regions
Employment Outlook in BC
RegionEstimated
Employment 2010
Estimated
Employment 2015
Average Annual %
Change (2010-2015)
Vancouver Island 140 150 1.0%
Lower
Mainland/Southwest940 1030 1.8%
Thompson-Okanagan 100 110 1.3%
Kootenay 40 40 0.4%
Cariboo 30 30 1.1%
North Coast &
Nechako20 20 0.9%
Northeast 20 20 1%
Duties Industrial and manufacturing engineers conduct studies, and develop and
supervise programs to achieve the best use of equipment, human resources,
technology, materials and procedures to enhance efficiency and productivity.
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Industrial and manufacturing engineers perform some or all of the following
duties:
Plan and design plant layouts and facilities
Study new machinery and facilities and recommend or select efficient
combinations
Develop flexible or integrated manufacturing systems and procedures
Conduct studies and implement programs to determine optimum inventory levels
for production and to allow optimum utilization of machinery, materials and
resources
Analyze costs of production
Design, develop and conduct time studies and work simplification programs
Determine human resource and skill requirements and develop training programs
Develop performance standards, evaluation systems and wage and incentive
programs
Conduct studies of the reliability and performance of plant facilities and
production or administrative systems
Develop maintenance standards, schedules and programs
Establish programs and conduct studies to enhance industrial health and safety
or to identify and correct fire and other hazards
Evaluate or assess industrial facilities
Supervise technicians, technologists, analysts, administrative staff and other
engineers.
Industry Sectors and Types of Employers
Industrial and manufacturing engineers are employed in consulting firms, manufacturing
and processing companies, in government, financial, health care and other institutions,
or they may be self-employed.
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Wages and Salaries in the Industry
Salaries for industrial engineers vary depending on experience, level of education, and
employer. Engineers with graduate degrees generally earn higher salaries than those
with only a bachelors degree.
Entry-level industrial engineers can earn anywhere from $35,000 to $65,000 a year. As
they acquire expertise and seniority, their annual earnings increase. The national
average income for industrial engineers is somewhere between $65,000 and $90,000 a
year. Those who move up into senior engineering or senior management positions can
earn more than $115,000 a year.
Economic downturns or recessions generally do not affect industrial engineers
incomes. In such times, the competitiveness and efficiency that industrial engineers can
deliver become more important.
Source: Career Cruising Profile for Industrial Engineers. Available from the VPL
Newspapers, Articles, Encyclopedias & More page:
In addition to their salaries most salaried engineers also receive benefits, including
health and dental insurance and paid sick leave and vacation time. Some may receive
further benefits, including performance-based bonuses, use of a company car, and
pension plan contributions.
In its 2008 Report On Members Compensation And Benefits, The Association of
Professional Engineers and Geoscientists of British Columbia (APEGBC) provided
these salary figures:
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Total Annual Compensation
# of
responsesMean
Lower
QuartileMedian
Upper
Quartile
Industrial/Manufacturing
Consulting12 $89,008 $67,300 $87,300 $115,950
Heavy Manufacturing 67 $102,871 $69,625 $97,500 $120,000
Light Manufacturing 31 $92,147 $63,250 $75,900 $108,750
Service Canadas Labour Market Information provides hourly wages for industrial and
manufacturing engineers in four BC regions:
Across Canada, industrial and manufacturing engineers can expect to make:
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Working Conditions and Environment
Unlike many other types of engineers, industrial engineers spend a large part of their
day meeting or working with people - everyone from factory workers to business
managers.
Engineers who work in manufacturing plants may have to deal with elevated noise
levels, and wear steel-toed boots and safety helmets while on the factory floor. The risk
of injury is fairly low, however, as long as established safety procedures are adhered to.
Typical Hours of Work
The most commonly reported standard work week for engineers in BC is 40 hours,
although the average number of hours actually worked each week is 44 according to the
2008 APEGBC survey. Deadlines may cause added pressure that results in longer
hours and more stress, and actual hours tend to vary between 40 and 50 per week.
Engineers are entitled to vacation time ranging from 2 weeks (10%) to 5 weeks or more
(22%). Most engineers (67%) receive 3-4 weeks of paid vacation.
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Industrial Engineering is concerned with the design of production systems. The
Industrial Engineer analyzes and specifies integrated components of people,
machines, and facilities to create efficient and effective systems that produce goods
and services beneficial to mankind.
Anywhere there is a "value-added" enterprise, there is a production process. The IE
focuses on "how" a product is made or "how" a service is rendered. The goal of
Industrial Engineering is improving the "how."
Generally, the criteria for judging improvement are productivity and quality. Productivity
means getting more from the resources being expended, namely being efficient. Quality
judges the value or effectiveness of the output.
Industrial Engineering focuses on systems design. Production processes are composed
of many interacting parts, all of whom work together. Experience has taught that
changes to one portion may not result in improvements to the whole. Thus Industrial
Engineers generally work with tools that emphasize systems analysis and design.
Since production systems are found anywhere there is an attempt to provide a service,
as well as produce a part, the methodologies of Industrial Engineering are applicable. In
that sense, the adjective "industrial" should be interpreted as "industrious", referring to
the process of being skillful and careful. In many departments, Industrial Engineering is
called "Industrial and Systems Engineering" in an attempt to make it clear that the
industrial adjective is intended to be generic.
All IE's take at least one manufacturing course, which deals with manufacturing
processes, and other courses closely associated with manufacturing. Every IE is
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therefore knowledgeable about metal working machinery and processes. Further,
related courses address manufacturing as a system. At NC State the IE department
also includes furniture manufacturing, which makes students aware of wood working
machinery and processes. The manufacturing industry has and remains a manifest
concern of Industrial Engineering.
In general engineers are concerned with the analysis and design of systems. Electrical
Engineers are concerned with electrical systems, Mechanical Engineers are concerned
with mechanical systems, Chemical Engineers are concerned with chemical systems,
and so forth. Industrial Engineers are concerned with production systems. In general,
engineering is the application of science and mathematics to the development of
products and services useful to mankind. Industrial Engineering focuses on the "way"those products and services are made, using the same approaches that other
engineers apply in the development of the product or service, and for the same
purpose.
The Industrial Engineer is trained in the same basic way as other engineers. They take
the same foundation courses in mathematics, physics, chemistry, humanities, and
social sciences. Thy also take some of the basic physical engineering sciences like
thermodynamic, circuits, statics, and solids. They take Industrial Engineering specialty
courses in their later years. Like other engineering courses, the industrial engineering
courses employ mathematical models as a central device for understanding their
systems.
Fundamentally, Industrial Engineering has no basic physical science like mechanics,
chemistry, or electricity. Also because a major component in any production system is
people, Industrial Engineering has a person portion. At NC State, the human aspect is
called ergonomics, although elsewhere it is called human factors. A more subtledifference between Industrial Engineering than other engineering disciplines is the
concentration on discrete mathematics. IE's deal with systems that are measured
discretely, rather than metrics which are continuous.
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Because Industrial Engineering deals with the "way" something is done, IE tools
emphasize "methods" of understanding systems. The fundamental sciences that deal
with methodology are mathematical sciences, namely mathematics, statistics, and
computer science. System characterization thus employ
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mathematical, statistical, and computer models and methods and give direct rise to
Industrial Engineering tools such as optimization, stochastic processes, and simulation.
Industrial Engineering specialty courses therefore use these "basic sciences" and the IE
tools to understand traditional production elements as economic analysis, production
planning, facilities design, materials handling, manufacturing systems and processes,
job analysis, and so forth.
All engineers, including IE's, take mathematics through calculus and differential
equations. Industrial Engineering is different in that it is based on "discrete variable"
math, whereas all other engineering is based on "continuous variable" math. Thus IE's
emphasize the use of linear algebra and difference equations, as opposed to the use of
differential equations which are so prevalent in other engineering disciplines. Thisemphasis becomes evident in optimization of production systems in that we are
sequencing orders, scheduling batches, determining the number of materials handling
units, arranging factory layouts, finding sequences of motions, etc. Industrial Engineers
deal almost exclusively with systems of discrete components. Thus IE's have a different
mathematical culture
All IE's take at least one course in probability and one course in statistics. Industrial
Engineering specialty courses that follow these include quality control, simulation, and
stochastic processes. Further the traditional courses in production planning, economic
risk assessment, and facilities planning employ statistical models for understanding
these systems. Some of the other engineering disciplines take some probability and
statistics, but none have integrated these topics more into their study of systems.
Probably no other aspect of technology has greater potential impact on Industrial
Engineering than computing. Like all other engineers, IE's take computer programming.
Specific Industrial Engineering specialty courses like real-time control and simulationexpanding the role of computer science principles within Industrial Engineering. Further,
most all Industrial Engineering tools are now computer based, with growing recognition
that computer assisted analysis and design of production systems hold new untapped
potential. Of special note is that computer simulation involves using specialized
computer languages for modeling production systems and analyzing their behavior on
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the computer, before experimentation with real systems begin. In addition, both
computer science and Industrial Engineering share a common interest in discrete
mathematical structures.
Industrial Engineering at the undergraduate level is generally seen as a composition of
four areas. First is operations research, which provides methods for the general
analysis and design of systems. Operations Research (OR) includes optimization,
decision analysis, stochastic processes, and simulation.
Production generally includes such aspects as economic analysis, production planning
and control, quality control, facilities design, and other aspects of world-class
manufacturing.
Third is manufacturing processes and systems. Manufacturing process deals directlywith materials forming, cutting, shaping, planning, etc. Manufacturing systems focus on
the integration of manufacturing process, usually through computer control and
communications.
Finally ergonomics deals with the human equation. Physical ergonomics view the
human as a biomechanical device . while informational ergonomics examines the
cognitive aspects of humans.
Industrial engineers analyze and evaluate methods of production and point out ways to
improve them. They decide how a company should allocate its limited tangible
resources (equipment and labor) within the framework of existing physical constraints
(physical plant). Each company that hires an industrial engineer, either as a consultant
or as an internal manager, has its own specific limitations. An industrial engineer must
quickly become an expert not only in the manufacturing and production processes of the
industry, but also in the specific culture, problems, and challenges that the company
faces. This may mean face-to-face meetings with executives, extensive stays on
manufacturing floors, and review of historical production data. Industrial engineers
receive information from others about what goes on in the day-to-day work environment,
but they must also make their own observations of these activities. Many employees are
uncomfortable being watched by industrial engineers, and industrial engineers often
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walk a thin line between being an analyst and being a detective. An industrial engineers
most difficult task is communicating his observations and suggestions to company
executives, many of whom are emotionally invested in their traditional way of doing
business. Industrial engineers must be tactful in what they say and in how they say it. In
addition to tact, being a successful industrial engineer requires charm and the
willingness to stand by ones recommendations even in the face of unresponsive
management. The large majority of industrial engineersaround 70 percentworks at
manufacturing companies, and many have specific areas of specialization, such as
assembly,
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raw-product processing, or administrative (paperwork) practices. Most industrial
engineers have good working conditions, intellectually challenging work, and a high
level of satisfaction. Hours can be long, but this tends to be outweighed by the
satisfaction derived from the education that each different project brings.
Recent Advances in Industrial Engineering
Recent Advances in Industrial Engineering addresses manufacturing processes and
methods, optimization, experimental engineering design, and reliability and quality
control techniques, as well as other topics, including:
Quality management systems
Computer supported collaborative engineering
Human factors and ergonomics
Engineering management and leadership
Transportation network design
Stochastics modeling
Queueing theory
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