ops management, Operation Management

Assignment Help:
Case study: Implementing Operations Management Tools in UK SMEs
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
competition from emerging companies who use superior manufacturing practices and use of
quality initiatives in the form of
materials requirement planning
theory of constraints (
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
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
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
(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
so that upper management can make a decision on whether or
not to switch to JIT. Your report should include important factors such as:
elements and
criteria for
judging level of success
the systems
for implementation;
Implementation stages and cost;
Limitations of the system

Related Discussions:- ops management

Discuss the business model and strategy have evolved, Discussion is about D...

Discussion is about Dell Computer's business strategy in the increasingly competitive PC market. For this discussion, research the company and its business strategy and answer the

Explain smartphones are more likely to be used more, Considering research: ...

Considering research: Smartphones are more likely to be used more by whites or Hispanic

Discuss how the role of human resources as a strategic, The field of human ...

The field of human resources is evolving from providing services to an organization to becoming a strategic partner in its growth. Analyze and discuss how the role of human resourc

Explain which depreciation method is preferable, 1. Your firm is considerin...

1. Your firm is considering an investment in a wind farm. Assume that the farm will cost $1 million per MW of installed capacity. The plan under consideration would deploy 10 GE 1.

Explain what decision should be made by the optimist, Company must decide h...

Company must decide how many lots of chocolate muffin premix to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table

Assets and liabilities, The Dominos pay their household bills and everyday ...

The Dominos pay their household bills and everyday expenses from their joint chequing account, which has a current balance of $4,200. They both opened Tax Free Savings Accounts and

What options are open to coral to address this issue, Read Space Age Furnit...

Read Space Age Furniture Company in Chapter 9 of your text. Answer the following seven questions: (Include any MRP calculations). • What options are open to Coral to address th

Explain what does the term product positioning refer to, What does the term...

What does the term product positioning refer to? A careful analysis of cross tabulations Shelf locations in major chain, grocery, and department stores Geographic segmenta

Describe management of telecommuters, All of the following are negative abo...

All of the following are negative about telecommunication except/1. Technical difficult with computer linkage/2.islotion from co-worker/3.decrease identification with work team/4.m

Explain e-activity robust, From the e-Activity, discuss ways the company yo...

From the e-Activity, discuss ways the company you researched could benefit (or more likely already is benefitting) from robust materials requirement planning. Provide specific exam

Write Your Message!

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!

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