Title: Intelligent Performance & storage management of Tools at Nadiad

Description: Being a converting business making packaging materials, tooling management is pivotal to the business. To study & assess the current inventory & tool life management mechanisms of the following set of tools and suggest measures to improve the storage & performance, primarily by design and deployment of digital solutions to institute an intelligent inventory and tool life management system with potential for deployment at scale; the total value of below categories of tools at the business is ~Rs. 300 Crs+.

• Rotary die cutting tools (RFM)

• Flat-bed Cutting and Creasing dies (SFM) and

• Rotogravure cylinders (Flexibles, RFM)

Required Skills & Traits: Critical thinking, Problem solving, Inventory management, Programming languages like Python, IoT/ sensors, PLCs, Data analytics & visualization, Application development

Expected Outcomes: The target outcomes are:

1. Improve accuracy of inventory through near real-time tracking and tracing features

2. Provide near real time visibility of key operating parameters (like pressure, no. of impressions/revolutions, no. of jam-ups, bearer gap, tension, etc.) of the running tools

3. Improve tooling life by 10% through optimized set points

4. Quality assurance through reduced variability in key parameters (like crease values, etc)

4. Reduce manual retrieval time for dies and cylinders by 30%

Specific courses required for project execution: Production planning, Data analytics based courses, Control systems based courses

ITC Limited, Printing and Packaging Business (PPB), Bhadrachalam

Station Overview

Project 1

Intelligent Performance & storage management of Tools at Nadiad

Project 2

Optimization of Raw Material (RM) issuance strategies & SFM store management at Chennai