Essays on Production Planning

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 ...

Enterprise Resource Planning (ERP) system is a software platform that enhances the flow of information among the different functions of an organization. Moreover, ERP promotes the sharing of information across organizational units and geographical units. At the core of ERP lies a central database that draws data from and feeds data to modular applications that operate on a standard computing platform. This operation helps to standardize data definitions and business practices into a unified environment. Oracle is one of the leading companies in the global database software market. In 1999, $2.3 billion of its $9. 3 billion revenue was ...

Introduction

Leadership in the business plays a critical role in offering the direction to the organization, motivation to the workers, and in fostering internal relationship and smooth production (Adrian, 2011). The management plays the dual roles of structural and systematic directives as well as leadership roles along the socio-cultural perspectives. The roles and effective responsibilities of the directorship in the organization is critical in improving the business response and crisis management. Crisis may arise in the firm because of various reasons that can be centered in the internal enterprise operations or from the external factors associated with the industry operations ( ...

Introduction

Skechers is a high performance and lifestyle footwear company located in Manhattan Beach, California, which was founded in 1992 by current CEO Robert Greenberg and his son Michael. It was first incorporated in 1992 in California and then reincorporated in Delaware in 1999 while keeping its headquarters in California (Skechers, 2016b). As of fiscal year 2015, it owned and operated in the United States 119 concept stores, 155 factory outlet stores, and 117 warehouse outlet stores. Internationally, it also owned and operated 82 concept stores, 41 factory outlet stores, and five warehouse outlet stores. It has more than 1340 ...

Introduction and Company background

Owens-Illinois is one of the largest glass manufacturers in the world. Owens-Illinois (O-I) with 62% market share is the largest glass bottle maker in the world (O-I, 2015). The company has a century-long history of glass making. O-I has introduced the automation in the glass bottle making process in early 20th century. Presently, O-I has presence in four continents (APAC, EU, LA and NA) and has over 80 manufacturing plants all over the globe (O-I, 2015). O-I supplies glass bottles to many major beer companies and wine companies. O-I has posted a revenue of $6.9 billion in 2014-2015 with ...

Introduction

Practical use of inventory management is among the aspects at the core of the supply chain management success. The management of different inventories such as raw material, finished goods, partner inventories, work—in the process, among others rests at the demand and supply intersection. However, the inventory management perhaps has the long way to go. The relationship between the inventory management and the corporate cash flow generation was understood recently and has currently received a broad interest level (Dekker et al., 2013). Now, firms can use supply chain to improve business performance by using the supply chain to generate ...

Blackburn, M., Busser, R. & Nauman A. (2001). Removing Requirement Defects and Automating Test. Software Productivity Consortium NFP

This article underscores the problems that impede operations and growth. In this regard, the article discusses model based approaches to reducing defects in the production process. The article discusses the use of model-based approaches in order to reduce defects, reworks and rejects in order to increase scheduled savings and reduce costs. Automation of development and tests is important in the production process. According to the authors of the article, automation in this way helps reduce resources and time in an attempt to develop high quality production systems. This article is important for this topic as it gives a different perspective ...

Abstract

The quality management process in a process by which the quality of the products that are delivered to the clients is managed to make sure that it is the best. This process is very important considering that clients will always opt to go for products that are of the best quality; thus increasing the profit margins that the company will experience. Some of the quality management processes commonly used in companies today are TQM, ISO 9000, and Six-Sigma (Shankar, 2009).

Introduction

The company is this scenario has decided to use six-sigma as its quality management process so as to eliminating any ...

Part 1: Production Planning and Quality Management

Setting up of a production plant requires elaborate planning in terms of the location, raw material supply, production schedules, inventory, and transport. Creation of proper plans improves the efficiency in supply chain logistics, which in turn lowers the production costs while increasing the profits. In production planning, supply chain decisions involve both the strategic and operational plans. While strategic plans address the overall long-term goals of the firm, operational decisions focus on the routine functions of the firm.

Location decisions determine the geographic positioning of the production plant. It takes into consideration the suitability of the stocking and sourcing points ...

Introduction

Traditional and well-known manufacturing companies often struggle to implement newer process changes and manufacturing practices in business. Economic order quantity was a popular concept in the early part of 20th century. Almost all companies then used economic order quantity purchasing policy. Most of the companies probably benefitted from implementing economic order quantity (EOQ), but some failed as it was not relevant for the product type and industry. In the later part of 20th century, many new manufacturing process techniques came into limelight. Just in Time system, Toyota Production System, Theory of Constraints, MRP and ERP systems, TPM, Lean manufacturing and ...

BOEING COMPANY

Boeing Company stands today, as the world's largest aerospace company. It is the leading producer of the military aircrafts as well as commercial passenger jets. In addition to that, Boeing also functions to design and manufacture rotorcraft, electronic and defense systems including missiles, satellites, and launch vehicles. It also has its hands in the areas of communication systems and complex information. The Company has broadened its area of service with involvements in military and commercial airline support service sector. Boeing is a major contractor for International, acting as a service agent for NASA. Boeing has extended its products and support services ...

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Integer Programming

The problem of integer programming (IP) refers to a problem in which some or all variables must take integer values. In the case when the constraints and the objective function are linear dependence problem is called an integer linear programming problem. Otherwise, if at least one non-linear dependence will be, it will be the integer nonlinear programming problem. Of particular interest to the problems of the IP due to the fact that in many practical problems, we need to find an integer solution due to a discrete series of values ​​of the variables. In the field ...

Abstract

Supply chain activities require proper coordination and a good network of logistics that ensure prompt acquisition of materials, good control of manufacturing processes and distribution of products to dealers or retail consumers. It is important for the management of Hyundai to adopt total quality management, quality improvement, and strategic planning among other models of leadership to ensure production of quality items that meet customers’ satisfaction. Besides, having a good sales and marketing strategy is essential for sustainability of Hyundai operations. Lean Six Sigma is a concept that can be adopted and implemented in the company as an approach to ensure sustainability. This ...

Management

Management

Introduction

This report seeks to evaluate lean systems, inventory management, aggregate production planning and master scheduling and recommend the best philosophy to be adopted by Unico Plant.

Lean system, which is also known as Just in Time (JIT) system refers to a system that seeks to purchase or produce components or products when they are required for use or by customers and not for stock. Lean system is a pull system that responds to consumer or internal demand. Therefore, lean systems can be applied in both production and purchasing. Lean systems seeks to eliminate non-value adding activities, keep zero inventory, have ...

Introduction to Materials Management

Logistics or material management (MM) basically handles the processes of procurement to payments, from inventory management through final receipt of invoices and verification process. This includes overseeing a placement and movement of related tangible items. The basic elements associated with materials management are quality control and inventory management. Some analysts consider spare parts as one of the major elements as well. Materials management is vital in huge production and distribution environments. The prime objective of this type of management is to maximize quality service and to minimize the cost; to be able to fulfill customer demands at required place and ...

Production planning and quality management is one of the key indicators of any company’s productivity. This is especially the case for multinational companies that conduct business in diverse and highly competitive business environment. In such a scenario, an optimized production process is one of the key factors that give the company competitive advantage and profitability. Some of the key factors of production include quality, productivity, efficiency, cost of production labour characteristics and cycle time to mention but a few. In this case analysis the chip manufacturer can only optimize its production process and eliminate the inefficiencies by focussing on the ...

Abstract

The maintenance of a large-scale enterprise resource planning (ERP) is an expensive venture that should not lead to failure. Yet this is what happens when companies do not follow the correct procedures. Companies discard essential parts such as risk evaluation, benefit scrutiny, performance objectives, and cash flows. Instead, some companies assume that the computer will change a company into a model of efficiency. Without clear and concise application, the ERP system can be a disaster. Perhaps the biggest reason for the failure of most ERP programs is the old school model of practice. ERP requires a change of thought in terms of business practice. ...

Definition of Enterprise Resource Planning: Enterprise Resource Planning can be best defined as the group of activities which is directed towards the efficient management of critical functions of an organization by constantly monitoring the key performance indicators of the organization. Similarly, Enterprise Integrated System is an extension of Enterprise Resource Planning that further provides for the interchange of integrated data between all the related departments from a common platform. The following are the components of Enterprise Integrated Information System.

Diagram illustrating the components of Enterprise Integrated Information System

Functioning and Interaction of the components: With the advent of Enterprise Resource Planning in an organization the integration of various functional ...

How are demand management and production planning linked to logistics planning?

A customer’s demand for a good is very important in the supplier’s plans for meeting the needs of his client. The nature and urgency of the client’s needs are evaluated and this helps the supplier in coming up with plans to meet the requirements of the customer. Proper management of demand dictates the success of the supplier and thus demand needs to be carefully analyzed to come up with proper logistics plans. The demand dictates the supply chain option to be adopted to meet the requirements of clients. The supplier needs to put strategies in place to ...