The Experience Effect: The Key to Mass Production Cost Reduction & Efficiency

In this insightful episode, host Renaud Anjoran and senior engineer Paul Adams delve into the intriguing world of the 'experience effect' - a phenomenon that offers a wealth of benefits in mass production through persistent refinement and accumulated knowledge. Immersing you in several industrial examples, Renaud and Paul throw light on how Boeing and the semiconductor industry have leveraged the experience curve to their advantage. Witness firsthand, the complex interplay between efficiency, cost reduction, and the tangible journey of relentless improvement in mass manufacturing setups. Show Sections 00:00 - Greetings and introduction. 00:51 - The example of Boeing in the 40s and 50s. 04:04 - The theory behind the experience effect. 12:10 - It's more than just individuals improving on the production line...the whole business must evolve.  20:00 - Pilot and starting costs are higher, but don't be tempted to skip ahead. 25:46 - The learning curve. 28:23 - How does the experience effect translate in commercial terms? 32:54 - Who does improvement work the right way? 35:10 - Conclusion.   Related content... Robust Design: Enhancing Product Quality and Performance 5 steps for a Chinese factory to improve its efficiency How To Improve Quality From Your Supplier? [Podcast] Keeping your supplier’s costs under control [Podcast]   Get in touch with us Connect with us on LinkedIn Send us a tweet @sofeast Prefer Facebook? Check us out on FB Contact us via Sofeast's contact page Subscribe to our YouTube channel