User Account

All Pages

ops management, Operation Management

Assignment Help:
Case study: Implementing Operations Management Tools in UK SMEs
The
intense competition in the current business environment has forced both the service and
manufacturing industries to re
-
examine their methods of doing business. In recent years,
even well
-
known names in manufacturing and service sectors have struggled with
growing
competition from emerging companies who use superior manufacturing practices and use of
quality initiatives in the form of
materials requirement planning
(MRP),
just
-
in
-
time
(
JIT
)
and
theory of constraints (
TOC
)
.
You have been appointed as a
production manager in a U.K. based company specialised in
manufacture of piston for internal combustion engine made from Aluminium (Al) and
Magnesium (Mg) alloys. The company has a production capacity of 500 pistons per day, in a
complete process from cast
ing to assembly and quality control. Four different types of
pistons are produced two of which have been launched within past two years.
The production process takes place in two separate areas of the factory. In one area, the Al
and Mg alloys are cast wh
ile the casings are machined and finished in another area. A total
of
5
0 people are at work in this plant. The main raw materials, Al and Mg alloys, are sourced
directly from two different suppliers from within the U.K. located about 150 miles away. Other
small parts required for the piston is sourced from a supplier from the US.
Parts are held in a large central store, however, difficulty is often found in obtaining
components in a specified time. The company very often faces part shortages at assembly
wh
ich leads to high “Work In Progress” (WIP).
The company is currently using the materials requirement planning (MRP) inventory
management system. For the last couple of years the top management of the company has
been considering to switch to just
-
in
-
time
(JIT) inventory management system which is a
complex decision, requiring careful examination of each system and its possible impact on a
variety of factors. Your immediate task is to undertake a comparative analysis of these two
popular inventory managemen
t practices and provide a report indicating a number of
benefits and critical
factors
so that upper management can make a decision on whether or
not to switch to JIT. Your report should include important factors such as:
1.
Critical
elements and
criteria for
judging level of success
of
the systems
;
2.
Critical
factors
for implementation;
3.
Implementation stages and cost;
4.
Limitations of the system
s

Related Discussions:- ops management

Characterstics of operation research, what is characterstics of operation r...

what is characterstics of operation research

Competitor charges for same golf clubs in that market, Gibson Golf Clubs ma...

Gibson Golf Clubs manufactures titanium golf clubs and sells them in retail outlets all over the U.S. and Europe. GGC is revising its current pricing structure. Would the following

Explain main benefits of the just-in-time system, 1) What are at least thre...

1) What are at least three main benefits of the just-in-time system? Present and explain them 2) What are at least three main drawbacks/problems of the just-in-time system? Pres

Explain theories of scientific management, • Compare and contrast the theor...

• Compare and contrast the theories of scientific management with that of the human relations management approach. • Determine whether there is one best approach to management,

Explain insignificant point of difference, A young musician goes on tour to...

A young musician goes on tour to promote his newest songs. The concerts are a huge success, but due to technical problems, the musician's songs are not posted to iTunes until 6 wee

Explain differentiation and low-cost strategies, Can you think of organizat...

Can you think of organizations that use a differentiation and low-cost strategies? 2. Specifically, what conceptual steps would you take to get from a differentiation or low-cost s

Material planning and capacity management, desserts by j.b case study and s...

desserts by j.b case study and solutions

Financial risk, the importance of the measurtement of market risk for finan...

the importance of the measurtement of market risk for financial institution

Operations management and globlization, Briefly explain operation managemen...

Briefly explain operation management and globalization

Explain the united states constitution, The United States Constitution: Ans...

The United States Constitution: Answer is the oldest written constitution in force in a major nation created the four branches of government established the common law created the

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd