Milestone #2 As a startup company, JikoPower has the luxury of conducting extensive evaluation of production needs including capacity planning and facility layout prior to expanding their physical infrastructure. In order to plan for facilities that will support growing demand for "The Spark," the company should accurately estimate production cycle time for the product, as well as determining any potential bottlenecks in the fabrication process. Application of lean management techniques can help aid in assessment of necessary inputs (labor, materials, equipment etc.) and development of an effective plan for development. The first step necessary for accurate process design is to determine an accurate cycle time for production of the …show more content…
This strategy would allow for profitability when consumer demand exceeds capacity, and minimize losses when capacity lags demand. Should the company experience consistent success over time, better financial posturing would allow the company to expand utilizing incremental or one-step expansion. At this time, JikoPower could also consider outsourcing manufacturing of their product to help mitigate risks associated with fluctuating market demand. Utilizing an average capacity approach to manufacturing a brand new product, the company should consider maintaining a larger than average capacity cushion for unexpected surges in demand inherent to new product releases. As more reliable demand data becomes available for the new product, the company can consider moving to a more conservative capacity cushion to help negate fluctuation in demand. “The Spark,” is constructed using a probe to absorb waste heat from the energy source, a fluid reservoir holding water (to create a temperature difference and encourage the free flow of energy), and a thermoelectric module which converts the waste energy into usable form. Additionally, the unit has a handle and USB port for easy handling and charging of devices, respectively. Image from http://www.veleladesign.com/JikoPower.html Proper cost/benefit analysis of inputs should be completed prior to
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Production practices have had an important role in satisfying the dynamic market. Many approaches have being developed in order to respond effectively to specific business requirements. In fact, some areas of management have focused its study on the overseeing, designing, and controlling the process of production in an effort to find the best methodology that ensures the business success and performance. However, complexities arise in this field because many variables such as costs, inventory, scheduling, suppliers, etc have to be considered in any business. Lean approach and the traditional approach are two points of view that aim to address this complexities, and those will be examined in this essay.
2. Demand uncertainty is a major factor in strategic capacity decisions. How does Harley-Davidson take uncertainty into account in its planning processes? How does HD’s history affect its decision-making process?
Write a paper of at least 1,050 words discussing strategic capacity planning and lean production for the new process design and supply chain process for the electric fans at Riordan.
Riordan Manufacturing is planning to implement a lean production strategy which will work to eliminate waste in production, minimize inventory levels by enabling suppliers and production lines real-time access to inventory data, and minimize the potential for the duplication of effort. The new procurement process design will make the entire organization more efficient while reducing overhead. This move will increase the effectiveness of the supply chain management and support the optimal efficiencies for the production of the electric fans for Riordan Manufacturing.
A decentralized network of communication will be utilized. Preferably the all-channel network model provides the most desirable means of communication for problem-solving situations and most satisfaction for the team members (Tubbs, 2012). Leadership will be minimal, a lean facilitator will keep the meeting on task by starting and concluding meetings at appropriate times. According to Anderson and Rovik (2015), quality improvement by the use of lean thinking is introduced in many hospitals worldwide. Lean thinking is a systematic quality improvement approach to identify and eliminate non-value-adding activities in work processes. The goal is a relaxed environment that will bring about ideas without judgement which will precipitate the
Since the lean operation and the total quality management model are based on a highly technical approach, toolsets and qualitative analysis, hence sufficient training in leadership, functional and technical skill will be mandatory for the employees in every category, including the operation, functional and business area to ensure a successful operation and to communicate and maintain proper control in the process. The Company will follow the agile manufacturing practice which comprises a set of quality standards, practices and iterative testing process driven by the end user feedback method to deliver a high quality customizable product that fits the exact need for a specific market segment and keep constant focus to reduce production overheads and eliminate any unnecessary steps in the process engineering that could potentially increase the cost and the delivery timing (Schnaars,
The application and implementation of lean principles or thinking is a process that requires commitment from every stakeholder in the organization. This process entails commitment to the organization's workers and to the system itself in order to make changes towards improvement. Generally, the implementation of lean thinking is geared towards continuous improvement through the elimination of waste. However, lean management or implementation of the principles sometimes incorporate mistakes that are made by leaders in the execution process. This is mainly because lean leadership appears to be simple though its complex because of the costs associated with it. The mistakes usually occur because of intrinsic complexities of exploring deeply into organizational philosophies, business strategy, psychology, and macroeconomics.
As I’m typically responsible for handling conflict during a project, I spend at least 42% of my time on the job solving problems, compromising and resolving conflicts. In the health care environment where maintaining the status quo is a norm, commitment is needed from other parties in the OR and clinicians for successful project implementation. I negotiate on a daily basis on a personal level; I negotiate with friends and family, and employers, among others. Whilst having the proper skills in dealing with conflict can assist me to handle and effectively resolve conflicts, in reality this can help form strongly bonded project teams in full alignment. Since negotiation is also the key to any business success; therefore no business can survive without profitable contracts. Because the truth is disagreements and diverse points of view about what strategy to use when initiating a project and lean project management tool to employ can create energy and lead to innovation. The technique that I use when dealing with team conflict is the GRPI model that is used in Six Sigma project initiatives.
This essay is going to analyze a case study based on lean thinking principles and techniques. It is could divide in four significant parts. First, to outline the definitions of Lean manufacturing philosophy and applied the strategies to achieving, next create future state Value Stream Map, Furthermore justification Lean Six Sigma tools and techniques, which would appropriate, and critically discussed the key successful should his idea to the Evenort Company.
One of the main objectives of an organization is to beat its counter part in our possible way. In order for an organization to insure that they must be good at leading, planning, organizing and controlling their resources and materials to accomplish performance objectives. In other words management. There are four main types of management, Classical, Behavioural, Quantitative and now the Modern Approach to Management. The Modern Approach states that there is no one good way of management. A successful organization utilizes all the types of management. A good example of this is the movie Lean on Me, starring Morgan Freeman as Joe Clark, the protagonist of the movie. Joe is a very talented teacher, who takes a lot of pride in his work, but
The term and method of Lean principles are originally obtained from the industry of Japanese manufacturing namely the Toyota Production System. It was first used in "Triumph of the Lean Production System", an article by John Krafcik in his 1988 (Holweg, 2007). The term has been turned into a methodology of Improvement in many industries such as healthcare as it is built on persisted improvement, paying concentrated attention on value, ﬂow and waste reduction. The methodology of Lean Principles assumes that organizations are based on processes, which refer to linked activities that have a speciﬁc order and space, with a beginning, an end and clearly deﬁned inputs and outputs (Nicola Burgess and Zoe Radnor, 2013). Focusing on customer needs and reduction of waste (Kristine Desotto,Casey Krawic, Zachary et al, 2011). Lean Principles, Methodology may effectively organize the nurse-patient relationship as it is based on patient needs that are expected to be met by the services provided by the nurse. Throughout this paper, Lean principles are highlighted as one
Lean Software Development is essentially a transformation of lean manufacturing and IT principles and is a branch of agile development framework. The core concept here being eliminating waste. At the same time CMMI is a capability maturity model integration which is a process improvement technique that is used to bring about an improvement in a project, process or the entire organization for that matter. In this paper, we will first start, first, the background of lean will be explored i.e., Agile and CMMI. After that, how Lean and CMMI, although two techniques for an entirely different purpose could still work in conjunction to enhance a software
Even when the demand for an operations products can be reasonably well forecast, the inherent uncertainty in all estimates of future demand may inhibit the business from investing capital to meet the most likely level of demand. Contrastingly, this principle can be linked to the concept of economies of scale. For BCF the addition of one unit of capacity i.e. from the extra capacity provided by the conventional technology option, the total fixed costs per unit of potential production output will decrease. For the new technology option, the addition of one unit of capacity will increase unit costs – a diseconomy of scale. Initially, this claim is based on the capital cost of implementing the new technology option, as well as diseconomies of over using capacity having the effect of increasing unit costs above a certain level of output. As a result, more operations activities