...EFCOG Chemical Safety and Lifecycle Management Chemical Inventory Management Benchmarking Survey Leslie Soderquist, CWI-Chemical Services October, 2007 1 Chemical Inventory Management Benchmarking Survey Purpose: To Survey members of the DOE Site community to identify current practices for the management of chemicals. Topics Covered in Survey: General Site information Chemical Inventory Management System Information Chemical Inventory Process Inventory Accuracy 2 Chemical Inventory Management Benchmarking Survey Process: - Key staff from the Sites below were contacted and provided with a survey. - Most survey’s completed with a phone interview - Completed survey’s were provided to the contact for confirmation - Survey’s tabulated on a spreadsheet Savannah River Site Argonne National Lab Sandia-NM Brookhaven National Laboratory Hanford Los Alamos Pantex Sandia-CA Oak Ridge Lawrence Livermoore Idaho National Laboratory Site Pacific Northwest National Laboratory 3 Chemical Inventory Management Benchmarking Survey Results Site Information Primary Site Function 10 of 12 sites primary function is R&D work. 2 sites indicated Manufacturing 3 sites also indicated they D&D work is a significant function Activities and Operations 12 sites have laboratory operations 3 sites have manufacturing operations 10 sites have Construction activities 8 sites have D&D activities 4 Chemical Inventory Management...
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...| | |INDEX TABLE | | | | | |SL.NO |CONTENTS |PAGE NO. | | | | | |1 |PART – I |2 TO 6 | | | | | | |EXECUTIVE SUMMARY | | | | | | |2 |PART – II |7 TO 14 | | | ...
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...FAST CHEMICALS AND TAPES FAST CHEMICALS AND TAPES Prepared for Dr. Muhammad Ziaulhaq Mamun Professor Institute of Business Administration University of Dhaka Prepared by ZR-65 Sazid Ahmad RH-78 Afsin Ahmed ZR- 79 Johan Ahmed RH-82 Nuzzat Salsabil RH-87 Shagufta Tasnim Nur RH-88 Anika Tabassum ZR- 98 Md. Abdullah Al- Zabir ZR 103 Manis Das ZR-108 Imrul Hasnat Shakil ZR-111 Mohammad Jishanur Rahman Rumi RH-118 Fabbiha Zahin ZR-122 Ahmed Istehad RH- 123 Sababa Tania Shiney ZR- 127 Ahmed Muntasir Mahin ZR- 128 Md. Al-Amin Institute of Business Administration, University of Dhaka 7 January 2016 Letter of Transmittal 7 January 2016 Dr. Muhammad Ziaulhaq Mamun Professor Institute of Business Administration University of Dhaka Sir: Subject: Submission of Term Paper With all due respect, we the students of section B of 21 st batch would like to submit our term paper as per your instructions for the course entitled Operations Management (P301). This report was based on the factory visit to the adhesive plant of Fast Group in Tejgaon. Information has been gathered mostly through face to face interview and according to your requirements. We have put in our best efforts to fulfill the criteria required by this term paper. We humbly request your acceptance of the submission of this term paper. Yours sincerely, ZR-65 Sazid Ahmad RH-118 Fabbiha Zahin RH-78 Afsin Ahmed ZR-122 Ahmed Istehad ZR- 79 Johan Ahmed RH- 123 Sababa Tania...
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...Bangladesh University of Business & Technology {BUBT} REPORT ON Ratio analysis of KOHINOOR CHEMICAL Submitted To Ms Reshma Nowreen Lecturer on Finance Bangladesh University of Business & Technology (BUBT) Submitted By: Group Name: SNOW WHITE Intake : 22nd Section : 03 Program: BBA Course Title: Managerial Finance Course Code: FIN 302 |Name Of Group Members | |ID No | | | | | | | |Md. Tafazzal Islam | |09103101127 | |22nd ...
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... University of the Sunshine Coast Executive Summary This report identifies the environmental activity costs of using Dyetype and Adhesive materials to produce a product. The tables below separate which one of these two chemicals is causing the most damage to the environment. Tables have proven that there is an excessive use of the Dyetype material. Both chemicals have been calculated using the life-cycle assessment to show unit cost per kilogram price for each product. The findings from the report immediately draw attention to the Dyetype chemical having the most environmental impact out of the two chemicals. The company also discovers that there are additional toxins being released which require $2,700,000 to cover the total costs. The Balance Scorecard is considered for the effects of toxin releases. If there is an fifth perspective to the balance scorecard Eco efficiency must be contributed adding environmental perspective to the Mudjimba Chemical Ltd plant. Table of Contents Executive Summary i 1. Introduction 1 1.1 Purpose 1 1.2 Scope 1 1.3 Limitations 1 2. Environmental Cost Categories 2 3. Environmental Activity Costs 3 3.1 Inventory Analyse 3 3.2 Impact Analyse 4 3.3 Improvement Analyse 4 4. The Environmental Damage 5 5. Toxin Release Costs 6 6. The Additional Environmental Perspective 7 7. List of References 11 1. Introduction 1.1 Purpose The purpose of this report is to calculate...
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...State University San Marcos, TX 06/1995 HS Diploma Jack Yates High School Houston, TX EXPERIENCE: 05/2011-current Supply Chain Analyst (Independent Consultant) Dorf Ketal Specialty Chemicals & Catalyst Stafford, TX • Manage transition of Employee roles. Assist in creation and update of Oracle procedures and Employee desk manuals. • Manage transition of carrier selection to maximize on-time shipments. Track inbound and outbound shipments. Inform Customer Service/Supply Chain of delays. Work in cooperation with Customer Service, Freight Forwarders and Expeditors for shipment/delivery of material. • Review forecast for Catalysts and Chemicals and advise Inventory Replenisher of PO’s that need to be entered immediately. • Driving continuous improvement in on Logistics for the various modes of transportation: Truck, LTL, Rail, Ocean, and Air Freight. File claims with carriers. • Compile Special Instructions, develop lead-time requirements and material reference #’s from Customers and enter into Customer Master and Item Master. • Monitors and trained warehouses on Shipping/Receiving Processes. • Maintained Business Continuity Plan. 11/2009 – 05/2011 Ascend Performance Materials Order Management Analyst - Chemicals Houston, TX • Served as the...
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...THINKING CHANGES THE FOCUS OF MANAGEMENT New way of Thinking and Acting for an Entire Organization Boeing "Everett Plant" Case Study Boeing Everett Plant, Largest Building in the World LEAN THINKING CHANGES THE FOCUS OF MANAGEMENT Way of Thinking and Acting for an Entire Organization "Definition, Purpose, Process, People" Introduction The core idea is to maximize customer value while minimizing waste. Simply, lean means creating more value for customers with fewer resources. A lean organization understands customer value and focuses its key processes to continuously increase it. The ultimate goal is to provide perfect value to the customer through a perfect value creation process that has zero waste. To accomplish this, lean thinking changes the focus of management from optimizing separate technologies, assets, and vertical departments to optimizing the flow of products and services through entire value streams that flow horizontally across technologies, assets, and departments to customers. Eliminating waste along entire value streams, instead of at isolated points, creates processes that need less human effort, less space, less capital, and less time to make products and services at far less costs and with much fewer defects, compared with traditional business systems. Companies are able to respond to changing customer desires with high variety, high quality, low cost, and with very fast throughput times. Also, information management becomes much simpler and...
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...TOTAL ABOUT THE COMPANY TOTAL is an international oil and gas company also involved in chemicals and new energies. TOTAL is the fifth largest publicly traded international oil and gas company in the world. It employs nearly 100,000 people in over 130 countries. In 2012 alone it saw sales of over 200 billion Euro. It first began drilling in the middle-east but now has production of oil and gas in 30 different countries. Its drilling activities produce about 2.3 million barrels of oil per day supplying 14,725 service stations. TOTAL is organized into three business segments: Upstream, Refining and Chemicals and Marketing and Services. Upstream includes oil exploration and production as well as activities involving natural gas and new energies such as solar power and biomass. Refining and Chemicals compromises refining, petrochemicals, base chemicals, fertilizer, specialty chemicals and oil and gas trading and shipping activities. Marketing and Services covers the supply and marketing of petroleum products as well as new energies. TOTAL’S APPROACH TOTAL’s financial statements are presented in EUROS and have been prepared on the basis of International Financial Reporting Standards. TOTAL’s financial reporting is in complete accordance with IFRS accounting standards in nearly all aspects of its financial statements. There are also a few accounting maneuvers conducted by TOTAL that have yet to be covered by IFRS. The following are a few ways they are in accordance with IFRS...
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...Job Order Costing Jessica Company started operations on January 2, 20x6. The company manufactures custom products and uses a job order system. Overhead is allocated to jobs based on direct labour costs. The budgeted manufacturing overhead for 20x6 was $396,900 and the direct labour costs were budgeted at $567,000. At the end of 20x6, there were two jobs in work in process: Direct material cost Direct labour cost Job A605 $20,000 12,000 Job A608 $36,000 38,000 Actual manufacturing overhead for the year amounted to $350,000 and total direct labour charges for the year amounted to $550,000. The year-end finished good inventory balance was $175,000 and included direct labour costs of $48,000. Cost of goods sold for the year amounted to $1,750,000. Required 1. 2. 3. Prepare a schedule showing the detailed cost of the ending work-in-process, and finished goods inventory. Compute the over/under –applied overhead for the year. Allocate the balance in the manufacturing overhead account using each of the 4 approaches discussed in class. CMA Accelerated Program 2011 © CMA Ontario, 2011 Week 15 Distance Student File 2 of 35 Problem 6 – Process Costing Deterra, Inc., uses three departments to produce a detergent. The Finishing Department is the third and last step before the product is transferred to storage. All materials needed to give the detergent its final composition are added at the beginning of the process in the Finishing Department. The company uses FIFO costing...
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...Analysis The DOW Chemical Company BASF Chemical Company Contents A. Market Analysis and Company Overview 3 i. The Chemical Industry Overview 3 ii. Companies Overview 7 iii. Competitive Landscape 8 iv. Porter’s Five Forces Analysis 8 v. Corporate Governance 9 vi. Business Strategy 10 vii. SWOT Analysis 10 B. Financial Analysis 11 1. Horizontal Analysis 11 2. Vertical Analysis 11 3. Financial Ratios 16 A. Liquidity 16 i. Current Ratio 16 ii. Acid-Test Ratio 16 B. Activity Measures 17 i. Accounts Receivable Turnover 17 ii. Inventory Turnover 17 iii.Fixed Asset Turnover 17 C. Profitability Measures 18 i. Gross Profit Margin 18 ii. Operating Profit Margin 18 iii. Net Profit Margin 18 iv. Return on Equity (ROE) 19 D. Debt, Financial Leverage, Capital Structure 19 i. Debt Ratio 19 ii. Debt/Equity Ratio 20 iii. Dividend Payout Ratio 20 iv. Price / Earnings Ratio 21 4. Further Findings 21 i. Notes on BASF Income Statement 21 ii. Notes on Balance Sheet 22 C. Conclusion 22 A. Market Analysis and Company Overview i. The Chemical Industry Overview The chemical industry creates an immense variety of products which impinge on virtually every aspect of our lives. While many of the products from the industry, such as detergents, soaps and perfumes, are purchased directly by the consumer, 70% of chemicals manufactured are used as raw materials to make products by other industries including other branches of the chemical industry itself....
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...sector. However, the unorganized market players accounted for more than 70% of the total cleaning market share. With a vision of achieving a 3-fold increase in sales growth in India over the next 3 years, Mr. Himanshu Jain (MD & VP Diversey India) was facing hurdles in penetrating the cleaning market in India. Himanshu was not sure of the best way to generate awareness that can alter the cost conscious & one-sizefits-all mindset of customers. He was also looking for a systematic approach towards removing the inefficiencies in operational setup & inventory management so as to reduce overhead costs. The recommended plan for Diversey India is to invest in advertising campaigns in India where potential of mid-size unit customers is high. This would include awareness campaigns on science of cleaning, benefits of using high quality global standard products and services, and demerits of using cheap & low quality products made of harmful chemicals. Such campaigns would shift the large no of mid-size customers from unorganized market to organized market in which Diversey has no substantial competition, thereby increasing sales and revenue that will lead to a decrease in overhead costs. Problems & Causes: Problem:Diversey was facing a problem of benchmarking its products against the low...
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...Computers and Chemical Engineering 28 (2004) 929–941 Pharmaceutical supply chains: key issues and strategies for optimisation Nilay Shah∗ Centre for Process Systems Engineering, Department of Chemical Engineering, Imperial College of Science, Technology and Medicine, London SW7 2BY, UK Abstract Supply chain optimisation is now a major research theme in process operations and management. A great deal of research has been undertaken on facility location and design, inventory and distribution planning, capacity and production planning and detailed scheduling. Only a small proportion of this work directly addresses the issues faced in the pharmaceutical sector. On the other hand, this sector is very much ready for and in need of sophisticated supply chain optimisation techniques. At the supply chain design stage, a particular problem faced by this industry is the need to balance future capacity with anticipated demands in the face of the very significant uncertainty that arises out of clinical trials and competitor activity. Efficient capacity utilisation plans and robust infrastructure investment decisions will be important as regulatory pressures increase and margins are eroded. The ability to locate nodes of the supply chain in tax havens and optimise trading and transfer price structures results in interesting degrees of freedom in the supply chain design problem. Prior even to capacity planning comes the problem of pipeline and testing planning, where the selection of products...
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...Cape Chemicals Implementation of one day delivery coupled with unenforced accounts receivable terms has lead Cape Chemicals to tremendous growth. Unfortunately, these policies have also caused cash flow deficiencies in the form of high inventory and lack of receivables collected. Being that inventory and accounts receivables make up most of the working capital factor, high ratios of either in comparison to sales can prove to be detrimental. This case does an excellent job in providing an example of this situation. With that being said, if no drastic changes are made, Cape chemicals runs the risk of growing itself out of business. Scenario one, assuming high growth and business as usual, shows the shape that Cape Chemicals is in. Right away we can see that their costs are extremely high. A business such as Cape Chemicals should have a profit margin somewhere around 3%, whereas it is currently 1.74%. Working capital is notably large, as stated earlier due to very high levels of inventory and accounts receivables. This scenario amounts to an increasingly negative free cash flow and an astounding accumulation of debt. In just 4 years, debt is projected to go up about 150%. For comparison, in that same time frame sales are only projected to increase a total of 86%. Furthermore, costs are increased due to a decision to triple the workforce, a decision that proves to be unwarranted by the overall growth rate of this company. This scenario clearly highlights Cape Chemical’s growing...
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...ABC Chemical Company Goes Global* Driven by competitive pressures, and the attractiveness of the industry’s fastest growing market in the world, a U.S.-based chemical manufacturer, ABC Chemical Company (name changed to maintain confidentiality) considered expansion into Asia, specifically, China. William Smith is the International Marketing manager for ABC Chemical Company. William has been tasked with expanding ABC’s manufacturing and distribution to the Asia Pacific region. Many changes in the powder coating industry have forced ABC to reconsider its their global strategy. To date, they have exclusively manufactured and exported from the Americas. Higher costs and tougher competition have forced ABC to look to the Asia Pacific Region to reduce these costs (specifically shipping) and remain competitive. ABC Chemical Company is a U.S.-based business that manufactures and distributes specialty chemicals to various industries for use in manufacturing finished products. ABC Chemical Company’s powder coating division needs to expand into Asia to remain competitive. Many of the powder coating division’s customers are moving their plants to Asia in an attempt to expand their markets and lower their production costs. As well, all of ABC Chemical Company’s competitors are opening production facilities in Asia to meet their customer’s needs, to expand their markets and lower their costs. For Asian and some European manufactures, powder coatings are a commodity with...
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...legislation of the Environment Protection Authority (EPA) uses to regulate chemicals in New South Wales, national and international programs it is involved with and where additional information can be found on chemical use and disposal. Legislation apply to ABC Chemicals The EPA regulates the use and disposal of chemicals in NSW using the following legislative instruments: * the Environmentally Hazardous Chemicals Act 1985 (EHC Act), which regulates chemicals of particular concern throughout their entire life-cycle, thereby minimising potential environmental impacts from hazardous chemicals and chemical waste in NSW * chemical control orders made under the EHC Act when chemicals or chemical wastes pose serious threats to the environment and there are particular challenges in their management - five chemical control orders are in place in NSW * the Contaminated Land Management Act 1997 to regulate sites that are contaminated with chemical wastes that pose a significant risk of harm to human health and/or the environment * the Pesticides Act 1999 for regulating the use of pesticides after the point of sale and to promote the protection of human health, the environment, property and trade by minimising risks from pesticide use * the Protection of the Environment Operations Act 1997 (POEO Act), which regulates, among other things, chemical pollution and wastes and establishes management and licensing requirements along with offence provisions to deliver environmental...
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