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1. Reduction of wastes ( defects scrap and rework ) and increased ability to remain competitive through customer focus and delivering superior performance of both goods and / or services in terms of cost service and quality.
2. There is a massive reduction in work in process which results in lower space requirements.
3. Stronger and more reliable working relations with suppliers.
4. Higher profits reduction in lead time to customer and improved customer satisfaction.
5. Improved working relations between employees.
6. Fewer inventories of raw materials.
7. Increased flexibility lower costs and higher productivity .
8. Improved quality.
What are the levels of management? Levels of Management: Industrial management has obtained the given activity levels as follows: • Top Management • Upper middle ma
Q. What are the features of pure capitalism? 1. The capitalist system is also called free enterprise economy and market economy. 2. Private ownership. 3. No government interfer
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QUESTION Based on what was discussed during your lectures on how children learn, answer the following questions. (a) Explain 4 strategies that you would use to enhance the l
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Ian Davis took over the position of MD at McKinsey & Company in 2003. He has numerous opinions from in-house colleagues about future directions of the firm. But as the textbook (Tr
It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all int
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Problem : a) Describe the food chain approach to food safety. b) ‘The Food Law Code of Practice sets out the way local authorities should apply food law, and how they would
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