Finance:SREDIM
SREDIM is a method of task analysis. It is an acronym derived from the words select, record, examine, develop, install/implement and maintain.[1][2][3][4] This problem solving method's analysis system can be used to analyze any process to determine parts of the process which are inefficient, or can be improved.
Select
Choose the parts of the process to study, identifying bottlenecks, and data to collect etc. The "bottleneck" is not necessarily just a pinch point in the work flow typically found in production processes. It can also be identified as any task or part of the process that falls below the anticipated or predetermined standard.
Therefore, we must also consider, poor quality, imbalance in work content between processes (typical on textile production lines), lack of raw material supply, machine malfunction, lack of meaningful standard operating procedures or adequate training.
We need to consider all of the above in the "selection" process, i.e. something that is affecting the normal function of the system or task under review.
Record
This part of the process is based around taking details of the different parts of the process which is to be studied, as defined in part 1. Record the facts and differentiate between facts, assumptions, and opinions.[1]
Examine
Analyse the data that you have collected and apply another acronym to it, PPSPM:
Purpose | What and why is each thing being done? |
Place | Why is this process being done there, could it be done elsewhere? |
Sequence | When is this process being done, and why then? |
Person | Who does this process? What training do they require, could someone else do it more efficiently? |
Means | How is it done, and could the process itself be done more efficiently? |
Develop
When you have identified the problems and issues, this is the stage to create a new method or process based on data collected. Develop an alternative solution.[1]
Install or Implement
The new method which has been put together must be costed and installed for it to work
Maintain
While it takes a lot of effort to create a new method, for it to continue working, processes must be put in place to ensure that the system continues working.
Sources
- ↑ 1.0 1.1 1.2 Malone, Samuel A. (1997) (in en). Mind Skills for Managers. Gower Publishing, Ltd.. ISBN 978-0-566-07817-0. https://books.google.com/books?id=VnjpeNYwuLsC.
- ↑ Hutchins, David (2016-07-22) (in en). Hoshin Kanri: The Strategic Approach to Continuous Improvement. CRC Press. ISBN 978-1-317-12124-4. https://books.google.com/books?id=MBm3DAAAQBAJ.
- ↑ Ridley, John R.; Channing, John (2008) (in en). Safety at Work. Routledge. ISBN 978-0-7506-8035-6. https://books.google.com/books?id=KijVrDsqKKIC.
- ↑ Brown, Steve; Bessant, J. R.; Lamming, Richard (2013) (in en). Strategic Operations Management. Routledge. ISBN 978-0-415-58736-5. https://books.google.com/books?id=p6D0tY9UFowC.
- "BOLA Operations Method work study". Archived from the original on 2011-09-11. https://web.archive.org/web/20110911001344/http://www.bola.biz/operations/workstudy/methods.html.
![]() | Original source: https://en.wikipedia.org/wiki/SREDIM.
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