Worked with penske on several six sigma initiatives

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Reference no: EM132198361

FORD MOTOR COMPANY

Ford Motor Company, one of the world’s largest automotive manufacturers, has worked with Penske on several Six Sigma initiatives. As its lead logistics provider (LLP), Penske’s quality team of associates are trained in Six Sigma practices and work closely with Ford to streamline operations and create and maintain a more centralized logistics network. Together, they uncovered several areas for real cost savings as a result of reducing inbound carrier discrepancies, eliminating unnecessary premium costs and reducing shipment overages. Plus,

Penske implemented accountability procedures and advanced logistics management technologies to gain more visibility of its overall supply network.

Challenges •

• To develop, implement and operate a centralized logistics network for Ford

• To streamline supplier and carrier operations for improved performance and accountability

If you are the Operation Management Consultant Ford, What should be your Strategy to overcome the challenges company Face? Critically describe.

Reference no: EM132198361

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