Essays on Lean Production

Product Life Cycle

While going through the product report for Alikay Naturals Moisturizing Black Soap Shampoo, it seems that the product stands in the decline stage of the product life cycle. Obviously, decline is the final stage of the product life cycle where a product is about to go out of the market. The major characteristic of the decline stage is that there will be long-run drop in sales due to customer taste changes and increased availability of substitute products (Lamb, Hair & McDaniel, 2016, p.202). This long-run drop in sales would naturally lead to a decrease in revenues. While going through the ...

Abstract

The American automobile company is planning to penetrate into the Spanish automobile sector with hybrid cars. The Spanish automobile industry has gained a significant attention of various global vehicle manufacturers due to a remarkable growth and lucrative contribution in the national GDP. However, the most noticeable factor is a constant increase in demand for automobiles. The increase in demand is a subsequent effect of a fall in fuel prices in Spain in the past few years. The probability of success for American car manufacturers is expected to be higher due to the current market conditions, which are feasible for ...

Multi-Organisational

Enterprises & System(BNM830) Major: Supply Chain Management Total word count: 5728 Net Word Count: 5023 PART 1 A. Apple Inc. is one organization that is known by many to deliver a diverse and complex product-service system. The firm is a technology organization whose products are of high quality and more available to its clients. The company also provides varied services and has opted to venture into other complex activities that are not common with many, if not all, technology companies (Apple, 2015). One of its best selling products is the iPhone6 brand that is not only available in the ...

Lean manufacturing system focuses on providing impeccable customer service at an incredibly quick pace. For most of the American manufactures, superimposing their existing production methods with lean production techniques would cause huge disturbance and pain (Womack, Jones & Roos, 2007). Also, lean is basically a change in the management paradigm from the traditional small craft approach to mass production. One of the most important factors that led most of the American companies to fail in implementing the lean manufacturing system is the absence of a standardized procedure in practicing the lean system. For instance, even as Toyota successfully implements the ...

Business

2016-07-28

Introduction

This paper is devoted to the company Nissan Motor Company Ltd. and its management system. The great attention is paid to the operations management, supply chain, inventory management and other aspects, which can significantly impact on the company’s effectiveness. Nissan is currently demonstrating a steady growth in terms of volume of production and sales, as well as developing its technologies in different fields. Nowadays, the company Nissan produces cars in twenty countries around, which include Japan, USA, England, Spain, India, Brazil, Mexico, Russia and others. Sales are conducted in more than one hundred and sixty countries. Company ...

The article on The Air Plane Game is very enlightening and makes it easier to understand the different aspects of lean manufacturing and lean accounting that would otherwise be challenging to understand. The game was an interesting one even for students who had no knowledge of the lean processes. After going through the game, the understanding of the lean processes become practical and a student is able to point out the various challenges that are encountered in the manufacturing process and how they can be overcome by both the participants and the management. In this case the management was ...

Difference between Six Sigma and Lean

Six Sigma can be explained as the philosophy of management that is highly focused on the achievement of organization's objective, data collection, and examination of the outcome of the entire process to ensure the quality service and decrease in product imperfection. Sigma is a Greek word that is rarely used to indicate the difference from a standard but in the philosophy of management, Six Sigma is used as a methodology to eradicate faults from the manufacturing process to ensure the best quality of products. Six Sigma is classified into two parts namely, Six Sigma DMAIC and Six Sigma DMADV. ...