You designed a process to manufacture self-lubricating bearings. The process req

Question

You designed a process to manufacture self-lubricating bearings. The process requires dealing with fine powders at high pressures and temperatures. Once bearings are made they are dipped in oil. You have done cost analysis for producing bearings using this method and compared it to the cost by other methods. Your method by far is the most economical per bearing but it requires initial cost to buy equipment related to employee safety and health i.e., new gears and masks for employees working with powders and high temperature. Filters need to be installed in shop to make sure no powder leaves the premises. Your boss is unwilling to spend extra money on these protective measures but wants you to start the process. In light of the scenario discussed earlier. What should you do? And what measures you need to take the insure employee safety?

Explanation / Answer

What you can do:-

1. You can try to convince your boss to spend some more money by showing him the cost analysis, breakeven analysis and telling him the payback period. In most of the countries employee health and environmental degradation is taken very seriously. If the problem continues your company can be shut down or you can be made to pay a huge fine, eventually making you to go into loss. You can convince your boss by explaining him this point.
2. You can bring in a company on contract which will pay attention and will be responsible for the safety of workers and environmental issues. This company will make the initial investment to install the safety instruments and filters,etc. and in return you can promise them some percentage of the profit. In this way your purpose will be solve without investing initial money.
3. Try to buy second hand or used equipments of safety if money is a issue but you have to then keep looking for its reliability from time to time.
4. Attract investors so that the money issue is solved.
5. Look for newer and cheaper technologies which will save money and which then can be used for our safety purpose.
6. Do cost cutting by reducing inventory cost, cutting unnecessary needs, reducing worker wages,etc. so in the same cost you will able to get atleast some the necessary needed equipments.

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