Chartered Engineer, Assest Valuation & FSSAI Compliance Consultant
An ISO 9001 : 2008 Certified Company
In Asset Componentization approach the components with substantially different useful lives are identified as separate components and depreciated over their different useful lives. It requires to complying with the requirements of Companies Act 2013 and International Financial Reporting Standards (IFRS) respectively when accounting for Property, Plant and Equipment (PPE).
Equipment Effectiveness Analysis is a tested and robust quantitative approach that explores the pitfalls in the manufacturing system which helps in addressing the productivity issues and in the long run profits of an enterprise.
Measurement System Analysis (MSA) is an experimental and mathematical method of determining how much the variation within the measurement process contributes to overall process variability.
Machine Capability Analyses finds out whether the selected manufacturing process is able to provide characteristic values of the required product characteristic that “reliably” do not exceed tolerance limits.
Process Capability Study uses data from an initial run of parts to predict whether a manufacturing process can repeatably produce parts that meet specifications.