First of all, the concept of a focused factory should be regarded. This concept stands for an enterprise, the manufacturing of which is concentrated on one or several principal customers. This can be exemplified in Focus Packaging Inc case. The factory with 21 workers produces soap boxes for Colgate-Palmolive Company, namely 18 different carton kinds, and nothing else …
b) The lower capital intensity of the mentioned type of firms is explained by the stability of working processes when serving a focus customer. Crews do not need retraining because they do the same thing, for the same customer, all of the time. The machinery factor is also to be regarded: for example, the folding and gluing machine at Focus Packaging handles only one size box, so it never has to be reset. The press stops only to install a new roll of the thin cardboard on which it prints .
a) The necessity of the firms with a product focus to plan production and inventory levels further into the future is explained by the vitality of the production plan and inventories for successful supply chain management. It is necessary to plan thoroughly the production basing on the demand forecasts and according to this to make up the corresponding inventories. For the firms with focused production it is especially essential, because their performance depends on demands of particular customers, or one major customer .
b) All the above mentioned relates also to the necessity to have more formalized supplier relationships. ...
b) All the above mentioned relates also to the necessity to have more formalized supplier relationships. In order for the firm to secure the manufactured product's future sale it is essential to develop clear terms of supplier/customer relationship and validate it formally.
c) The low level of inventory accumulation at the work-in-process stage is explained by the simplified scheme of supply chain affording to avoid the overloading of the warehouses by unsold goods (the firm knows more or less precisely what number of goods it should produce).
Describe four multi-plant location strategies
The four principal location approaches are as follows:
Land Use - optimal agricultural land uses based on transport costs to market; optimal distances of residential and commercial land uses from CBD;
Industrial Location / Production Orientation - transport-cost minimizing location, profit maximization, optimal combination of inputs & optimal level of production at optimal location (allowing for scale economies and substitutability at any one level of production);
Central Places / Market Areas - optimal market areas choosing;
Spatial Competition - optimal response in the face of locational competition .
Why Colgate Palmolive, and not Campbell Soup be concerned about NAFTA
The North American Free Trade Agreement, known usually as NAFTA, is a free trade agreement among Canada, the United States, and Mexico .
Colgate-Palmolive Company (NYSE: CL) is a multinational corporation in the business of the provision of products such as soaps, detergents, and oral hygiene products such as toothpaste and toothbrushes. Under its "Hill's" brand, it is also a manufacturer of veterinary products .
Campbell Soup Company ...
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(MBA Operation Management Problemsolving Essay Example | Topics and Well Written Essays - 1500 Words)
“MBA Operation Management Problemsolving Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.net/miscellaneous/271899-mba-operation-management-problemsolving.
In order to achieve business goals, the most important of which is maximization of profits, a corporation needs to study and understand the common trends in buying. They need answers to two questions in order to produce goods that would not only attract but also satisfy the customer: firstly what factors influence the choices of consumers.
Operation management rely more practical and scientific execution of theories and calculations rather than putting more on theoretical aspects. According to Slack (2004), any operation is concerned about production of products or processing of services. In such context, manufacturing of products raw materials, parts, practice of workers, subassemblies etc while service is pretty much intangible in nature but it needs involvement of employees who would process the service to customers.
One thing we never want to do is to spend much money for the services or for the goods either. Take for example, when one visits a restaurant; they require good quality food served to them quickly and at a cheaper price. Same to when we visit a hospital, we expect the doctor or nurse to attend to us quickly and give to us the best care.
But recently the company has started facing major operational issues that are likely to affect the business if the managers do not find effective solutions for these problems in the near future. The company should pay critical attention to improve on the operations management processes and deal with the critical factors underlying the issues in the operations management of Wal-Mart.
If that it is prime driver for the buying option, the local store can offer the delivery services faster than the online DVD rental providers. But the increasing sales revenues of online DVD rentals reveal further
A supplier provides parts to a manufacturing company that demands JIT deliveries. At the present time it takes 6 hours to make a round-trip between the supplier's warehouse and the customer, including loading, travel and unloading time. The researcher analyzes the questions, that arose in the business and tries to establish a successful strategy.
rations management have been identified in the literature (as possible) trying to locate the most effective methods for the improvement of the firms’ productivity both in the short and the long term. Towards this direction it is noticed by Everett et al. (1989, 181) that
It has also been noted that the success of these companies has clearly been due to the combined efforts of each team i.e. the teams like customer service, logistics, store support and every department of the store has a direct impact
Secondly, the new plant aimed at expanding car manufacturing to expand production in the car industries. With the persistent decline in production, the company was on the verge of experiencing financial crisis, as a move to evade
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