...Assignment: Select one of the three RFP procurement cases listed below (A New Practice Field, An Environment Impact Study, and an Inventory Control System) for your Course Project. Use the RFP template located in the Doc Sharing area to complete the cover page and the following sections of the RFP (1.1, 1.2, 1.3, and 1.4).Assignment: Select one of the three RFP procurement cases listed below (A New Practice Field, An Environment Impact Study, and an Inventory Control System) for your Course Project. Use the RFP template located in the Doc Sharing area to complete the cover page and the following sections of the RFP (1.1, 1.2, 1.3, and 1.4).Assignment: Select one of the three RFP procurement cases listed below (A New Practice Field, An Environment Impact Study, and an Inventory Control System) for your Course Project. Use the RFP template located in the Doc Sharing area to complete the cover page and the following sections of the RFP (1.1, 1.2, 1.3, and 1.4).Assignment: Select one of the three RFP procurement cases listed below (A New Practice Field, An Environment Impact Study, and an Inventory Control System) for your Course Project. Use the RFP template located in the Doc Sharing area to complete the cover page and the following sections of the RFP (1.1, 1.2, 1.3, and 1.4).vvvAssignment: Select one of the three RFP procurement cases listed below (A New Practice Field, An Environment Impact Study, and an Inventory Control System) for your Course Project. Use the RFP template located...
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...Reading Sr No OR-1 OR-2 OR-3 OR-4 OR-5 OR-6 OR-7 OR-8 OR-9 OR-10 OR-11 OR-12 Journals articles as Compulsary reading (specific articles, complete reference) The four things that a service Business must get right HBR Article , Bang & Olufsen Design Driven Innovation : HBR , Smart Product Design : HBR , Mishina, Kazuhiro. Toyota Motor Manufacturing, U.S.A., Inc. HBS Case No. 9-693-019. Harvard Business School Publishing, Boston, 1995. , Hammond, Janice H. Barilla SpA (A). HBS Case No. 9-694-046. Harvard Business School Publishing, Boston, 1994. , Latour, Almar. Nokia Handles Supply Shock with Aplomb as Ericsson of Sweden Gets Burned. The Wall Street Journal. Dow Jones & Company, Inc., 2001. , National Cranberry Cooperative HBS #688122. From Case Map , John Crane UK Ltd Case : The CAD CAM Link . HBS #691021,24p , To Move or not to Move .Case of Cathay Pacific Airways . University of Hong Kong HBS #HKU003,22p , Note on Quality: The Views of Deming, Juran, and Crosby HBS .687011 , Process Control at Polaroid , HBS, #693047 , LL Bean Item Forecasting and Inventory Management HBS, #893003, 5p , Johson Control Automotive Systems , HBS,#69308623p , Title Operations Management Concepts, Techniques & Applications Operations Management Author Evans & Collier Edition 1st Year Publisher Name Cengage Learning Tata McGraw Hill Author Norman Gaither,Greg Frazier Edition 9th Year Publisher Name Cengage Learning William Stevenson Taylor 8th Relevant Websites Sr No RW-1 RW-2 (Web address) (only...
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... A Case Study of Just-In-Time System in the Chinese Automotive Industry Bo Hou, Hing Kai Chan, and Xiaojun Wang Abstract—Just-In-Time (JIT) has been a very popular operations strategy partly because of its success in the Japanese industry. Various benefits, for example, inventory reduction, improved in operations efficiency, and faster response, have been studied widely in previous research. Therefore, successful implementation of JIT is vital to many companies. The main objective of this research is to make use of a case study to present various issues surrounding implementation of JIT for an automotive company. This case study also provides evidences for supporting the benefits of employing JIT. Semistructured interviews were organized and thus relevant data can be collected. The conclusion of this research indicates that JIT system is successful, and operating JIT system can lead to many advantages to the case company. Index Terms—Just-in-time, systems, cases study. automotive, manufacturing I. INTRODUCTION UST-IN-TIME (JIT) theory has been operating widely in the Japanese automobile industry and the electronics industry, though more and more applications can be found in many industries over the world [1]. The ideology of JIT is ‘producing the necessary item in the necessary quantity at the necessary time is an eternal diver of production and operations management’ [2]. In addition, there are many production planning and control methods, like Kanban systems [3], have...
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...Islamic university, and to our parents, who sacrificed everything in their life for us, and also we thank them for pushing us to success. For all of Those, Who are inspiring us and see us on our way. II II Acknowledgement Acknowledgement In the beginning, we thank Allah for giving us the strength and health to let this work see the light and our parents for their help and support. Our Prophet Mohammed said: “Who doesn’t thank people he doesn’t thank Allah”. We want to thank everyone help and participated in making this study starting from our honorable: Mr. Salah Shubair. Who put a lot of faith in our capabilities and encouraged us to complete this study. We thank all of our teachers in the faculty of commerce and our colleagues and friends for their support . III Abstract Abstract The study aims to discuss and evaluate one of the accounting problems, which is choosing proper method for inventory evaluation, that play an important role in the evaluation of businesses financial position and net income. There are many factors affecting the business decision while choosing any of these methods which...
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...[pic] Case Study #1 Submitted by: Team #2 Fernanda G. Isidoro Correa Henrique Siqueira Madeira Rafael Frasson Pereira Rafael Gomes de Carvalho MSE 507 Prof. Scott Wainess Date 10-08-14 Table of Contents 1. The Lean Implementation 2. The Five Principles of Lean a. Specifying Customer Value b. Identifying the Value Stream c. Making the Value Stream Flow d. Implementing Customer Pull e. Pursuing Perfection 3. Insights and Conclusions 4. Appendix The Lean Implementation As we have studied, lean manufacturing is one of the initiatives that many major businesses in the world have been trying to adopt in order to remain competitive in an increasingly global market. The focus of this approach is on cost reduction by eliminating non value added activities. Applications of lean manufacturing have been less common in the continuous / process sector, in part because of a perception that this sector is less amenable to many lean techniques, and in part because of the lack of documented applications. This has caused managers to be reluctant to commit to the improvement program. The chosen article for this case study takes a case based approach to address both issues. It describes a case in which lean principles were adapted for the continuous / process sector for application at a large integrated steel mill. Value stream mapping was the main tool used to identify the opportunities...
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...MSIS 5123 ENTERPRISE RESOURCE PLANNING CASE STUDY 1: THE FITTER SNACKER SALES ORDER PROCESS SUBMITTED BY: Vatsal Pandey CWID # 11516742 EMAIL: vatsal.pandey@okstate.edu PART 1 1. Describe the current order-fulfillment (order-to-cash) process at FS (Fitter-Snacker) at a high level using a flowchart or any other visual approach. 2. Comment upon the current organizational structure of FS as well as its current processes and their effectiveness. Fitter Snacker represents a perfect example of a traditional business model where each department is acting as a separate entity having a poor communication among them. From the case study, it can be seen that Fitter Snacker comprises of four departments viz., Sales, Warehousing, Accounting, Receiving. It seems that each department are not much aware of the activities other departments are performing. Apart from that, department specific processes are also erroneous. Hence, in a nutshell, Fitter Snacker is a fragmented organization. If we look at the sales process, it is inefficient and flawed. The sales department has a separate data management system. All the sales data is periodically transferred between departments. For sales quotation, there is a telephonic negotiation between sales person and customer. Two copies of sales quotation is generated as manually keeping records. Arithmetic errors in quotation, late receipt of quotation, etc. are some flaws that make sales process more problematic. This also...
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...DESIGNING AN INVENTORY SYSTEM WEEK 2 – ASSIGNMENT 1 INVENTORY MANAGEMENT SYSTEMS Designing an effective inventory system for a small business can have a rewarding effect on a business with proper planning and implementation to provide employees and management a way to manage inventory. Having a proper plan in place it will save the company money, time, and provide a balances way of having stock available for customer. Assigning product code numbers on clothing merchandise upon delivery from vendors allow the item to be accounted for and to re-ordered the item and ensure that it will always be in stock and not create overstock that hurts company profit. Not meeting customer demands for a product by not keeping it in stock lessens the chance of repeat customers. There are a few disadvantages to having an automated inventory system such as human error due to inventory not being logged properly, software issues such as power outages, and software errors. Viruses and hacking can be an issue as well. Providing a backup of the inventory is a great way to ensure no total loss of inventory information. Policy and Procedures will need to be developed for employees and management to ensure everyone is being consistent with documenting inventory and to reduce errors. A case study done on the Herman Goelitz Candy Co. showed the difference having an automated inventory system had on the operations of the company. By utilizing this time of inventory control it gave them greater control...
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...ABSTRACT Just-In-Time (JIT) manufacturing implementation in small manufacturing companies is often not a sophisticated exercise, following a series of well-prescribed steps. Instead, JIT implementation can involve a series of incremental steps, and missteps, before the desired outcome is achieved. In some cases, JIT is less of a conscious design and more of a default position. This paper will examine the role of a company’s resource configuration in leading to the use of JIT manufacturing. The research paper reports on a single case study of a small manufacturer that altered its resource configuration from a producer – consumer relationship separated by a buffer, to a simultaneity constraint. The results of the case study show that the removal of the buffer system increased the manufacturing system’s need for mix flexibility, and the final implementation required unplanned structural and infrastructural changes to adequately meet marketing requirements. 1. INTRODUCTION Just-In-Time (JIT) is a system that focuses on waste reduction and continuous improvement to achieve operational excellence (Moreira & Alves, 2006). In a manufacturing context, JIT involves a manufacturing system where the parts needed to complete finished products are produced or delivered at the assembly site as required (Wafa & Yasin, 1998). JIT manufacturing is closely related to lean manufacturing: so much so, that researchers such as Womack et al (1991) appear to use the two terms interchangeably...
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...Houser (Houser Shoes, 2007). In 2000, Houser and his daughter Beth Houser created a shared vision for another chain of stores named GB Shoe Warehouse, which is also one of the southeast's largest shoe stores. Houser has a total of 150 people employees and embraces the strategy of making stakeholders feel special and realizes that its staff that is the backbone of its existence and people have faces and names not just numbers. Social Network Building the first step to building a social network is identifying those on whom the project depends for success (Gray & Larson, 2006). And that's why employees at all the Houser Shoes stores are friendly and welcoming. Houser has a managing project reward system that assigns the leadership team the responsibility of managing the reward system that encourages stakeholder’s performance and extra efforts (Gray & Larson, 2006). The retail fashion industry is con-steadily changing, Houser wants to maintain its reputation in providing all brand names at prices up to 75% off regular department store prices(Houser Shoes, 2007). Houser’s concept is to provide quality shoes to his customers during many years of expansion. Houser has a total of 16 retail stores is located throughout Tennessee, West Virginia and the Carolinas (Houser Shoes, 2007). Houser stores are facing...
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...maintenance of inventories of physical goods is a problem which is common to every organization. For example, inventories must be maintained in automobile industry, FMCG sector, all manufacturing industries maintain inventories in form of raw material, work in progress inventories or finished product inventories. Value of inventories runs in thousands of crore for various industries like HUL balance sheet of fiscal year 2012-13 reports an inventory of 2.5 thousand crore. The reason for this can be physical impossibility or economical difficulties in having the goods transported in a system precisely when demand occurs. Without inventories shop floor in a manufacturing unit or customers for goods will have to wait...
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...that manufacturing companies need effective replenishment methods. However, this is challenging, since companies must balance inventory costs and customer service in complex and different situations. Therefore, it is important to choose replenishment methods carefully. One well-known and widespread method is Material Requirements Planning (MRP). But the method has problems, such as regarding volume flexibility. There are other methods, but the literature lacks case studies and detailed descriptions and analysis of them, especially for visually oriented methods. Therefore, it is important to explore different methods for materials supply. The purpose of this study is to analyze the application of visually oriented replenishment methods in manufacturing industry and further to design a tentative decision tool for selecting methods. The research aims to provide some answers to three key questions. The first research question concerns general factors that are important for evaluating how effective replenishment methods are. From the literature review, different factors emerged such as product characteristics (fit in the Kraljic matrix, volume issues, size, etc.); information, trust, and geographical proximity between supplier and customer; and different logistics goals (delivery service elements, tied-up capital, use of resources, inventory accuracy). It is also import to include the basic principles methods are related to. The factors were summarized in...
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...Developing collaborative competencies within supply chains It is a new approach to understand the collaboration within supply chains via the concept of collaborative competencies. The article suggestions are based on 2 different case studies. Key words: collaborative competencies, inter-organisational collaboration, integrated supply chain, collaborative culture, team-building. Introduction: SC = partnership of organisations sharing a common goal to deliver a set of goods or services to the end customers. The collaboration concerns many processes at 3 levels: strategic / tactical / operational. Use of Information Technology = basis for achieving collaborative relationships as we are evolving in a context of ever changing… The collaborative way is very important to be able to compete with others and has obtained more and more interest over the past decades (from professionals and academic communities). Long-term partnerships with suppliers and distributors efficient and responsive SC deliver exceptional value to the customers. BUT collaboration is hard to achieve and implies many issues… Issues related with the collaborative SC: * The amplification of the demand uncertainty in the SC = Bullwhip effect is the most frequent consequence of absence of collaboration among the SC members. * Absence of reliable demand information: demand forecast need to be done by all the partners = crucial to share information. * 2 levels of analysis of the SC: Internal...
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...Graduate School of Business Rollins College PEARSON Prentice Hall Upper Saddle River, New Jersey 07458 About the Authors vi Foreword xx Preface xxi PART i l l 1, Introduction to Operations Management 1 Operations and Productivity 1 Global Company Profile: Hard Rock Cafe 2 What Is Operations Management? 4 Organizing to Produce Goods and Services 4 Why Study OM? 4 What Operations Managers Do 7 How This Book Is Organized 7 The Heritage of Operations Management 8 Operations in the Service Sector 9 Differences between Goods and Services 10 Growth of Services 11 Service Pay 12 Exciting New Trends in Operations Management 12 The Productivity Challenge 14 Productivity Measurement 15 Productivity Variables 17 Productivity and the Service Sector 19 Ethics and Social Responsibility 20 Summary 20 • Key Terms 21 • Solved Problems 21 < Self-Test 22 • Internet and Student CD-ROM/DVD Exercises 22 • Discussion Questions 22 • Ethical Dilemma 23 • Problems 23 • Case Studies: National Air Express 24; Zychol Chemicals Corporation 25 • Video Case Study: Hard Rock Cafe: Operations Management in Services 25 • Additional Case Study 26 • Bibliography 26 • Internet Resources 26 Developing Missions and Strategies 34 Mission 34 Strategy 35 Achieving Competitive Advantage Through Operations 36 Competing on Differentiation 36 Competing on Cost 37 Competing on Response 37 Ten Strategic OM Decisions 39 Issues in Operations Strategy 42 Research 42 Preconditions 43 Dynamics 43 Strategy Development...
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...CHAPTER I PROBLEM AND ITS BACKGROUND Introduction Nowadays new technologies have brought a lot advantage to us, especially to those who involve in business. One of those technologies is using a computerized system in their business, but not all business is using computerized system, some of them are using manual in their transaction. Classical inventory theory usually assumes that the inventory on record is accurate and thus reflects the actual inventory level. However, in practice the inventory on record is not always accurate. The exact inventory level is not known to managers, and can deviate from the actual inventory level. There are many possible reasons for such discrepancies between the inventory on record and the actual inventory level, including transaction errors, misplaced inventory, spoilage, defective product quality. As technology increasing and handling the business world, there are still businesses that are still attached in traditional or manual system because they are afraid to change the way of their existing system. One of those businesses is the Dory’s Restaurant that until now is using a manual in their Sales and Inventory System. Inventory system is used to track information of a particular goods or product it monitors the product left and the product that need to restock. Sales is important in the business, because it involves the money that goes in for the company, sales is the business asset and the customer business deals. Dory’s...
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...Case Study – Chapter 12 Read case study of Wolf Motors on page 439 and answer three questions at the end of the case (at least 50 words each). 1. What recommendations would you make to John Wolf with respect to structuring the supplier relationship process for the Wolf Motors dealership network? Wolf Motors should consider a centralized inventory management system. A centralized system will help to consolidate ordering, purchasing, and buying decisions for each of the four dealerships. This will allow Wolf Motors greater leverage with suppliers and will allow for better quality control. In addition, Wolf Motors could negotiate with their suppliers for better pricing through higher volume ordering and purchasing. This will allow Wolf Motors to achieve economies of scale. In addition, Wolf Motors should consider an automated electronic data interchange (EDI) inventory management system. An EDI system will allow the dealerships to be connected to one another (share inventory information) as well as to suppliers. The EDI system would alert Wolf Motors and suppliers when critical inventory levels are reached. Also, inventory pooling between the four dealerships may eliminate the need for safety stock at all four locations as well as the need for overstock. Parts can be moved between the dealerships. Finally, a vendor-managed inventory (VMI) system should also be considered. With a VMI, the supplier is responsible for maintaining the inventory level required by the customer...
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