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

Explain what is the role of the osi network layer, What is the role of the ...

What is the role of the OSI network layer when you transfer information from one computer to another? Please do not just copy a ton of paragraphs from a website. I want a one pa

Define performance appraisal, Define performance appraisal. Performanc...

Define performance appraisal. Performance Appraisal:   It is a systematic and impartial assessment of an employee's performance on the job, along with a view to discovering ho

Explain sells radio frequency inventory, National Scan, Inc., sells radio f...

National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month/Sales (000) Units Feb 16 Mar.17 Apr. 11 May. 29 Jun. 19 Jul

Explain network design is a key business decision, Network design is a key ...

Network design is a key business decision as well as a technological decision. Why? Provide an example of a company you believe has a good network design, providing supporting rati

Explain bottlenecks that may occur during the project, Briargrove has agree...

Briargrove has agreed to your plan. The CLN Team is asking for a refined version of the plan making the corrections based on their recommendations. They are requesting a comprehe

Describe questionable behaviour, Please answer a detailed explanation for t...

Please answer a detailed explanation for the following scenario: Your Company has recently hired a new employee for an upper level management position. They have performed exceptio

What means the problem may be solved with pom, Michael Plumb's job shop has...

Michael Plumb's job shop has four work areas, A, B, C, and D. Distances in feet between centers of the work areas are: A B C D A - 4 9 7 B - - 6 8 C - - - 10 D - - - - means the pr

Explain barriers to successful communication, Explain barriers to successfu...

Explain barriers to successful communication. Barriers to Successful Communication: A barrier to successful communication does not allow the transmission of correct and full

Explain critical risk regardless of progect size or scope, Select three top...

Select three top most critical risk regardless of progect size or scope. Justify your selection. Suggest strategies for the manager to address each type of risk selected.

Explain differentiate between validity and reliability, Differentiate betwe...

Differentiate between validity and reliability of a selection test. In other words, provide definitions of (1) validity and (2) reliability of a test.

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