Case Study - Industrial Grinders N.V.
Problem Statement:
Industrial Grinders, N.V. has decided to start manufacturing and selling plastic rings for use in their machines. Currently, they manufacture and sell steel rings, along with the machines they also manufacture and sell through another division of the company. They recently discovered that a competitor in France will now be selling plastic rings. These plastic rings will serve the same purpose as the steel rings Industrial Grinders manufactures. However, they cost less to manufacture and they last longer. Management has decided that Industrial Grinders will now start to manufacture plastic rings. Lawrence Bridgeman, General Manager of the German plant, is tasked with
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This would cost the $64,584.00 previously mentioned, but there is a risk of current customers finding out about the plastic option not mentioned to them. This is not measurable, but it does need to be considered. * Manufacture the steel, sell it in 90% of their markets at a reduced cost, while also offering plastic rings. I’m not sure that would be great, but it could help recoup some of the cost of manufacturing. And if word did get out about the plastic rings, it could be offered to appease any angered customers. However, offering them a better product at the same price might anger them even more than merely finding out about it to begin with. * I think the final option to consider is to just switch to plastic while they typically slow down production in the summer months anyway. Even if sales remain at 690 rings per week in this timeframe, there will be enough stock left by mid-September to last 21.88 weeks. This way, if the company’s estimate of “mid-September” is a bit too optimistic, they will have plenty of steel to last until the company is switched over. Rather than use their staff to continue to manufacture steel, use this time to convert the shop (whatever that entailed, we were never told) and train them on the new processes. Another unknown is how much more training the staff might
Another problem adopting Roomis is that their ally in US Natex is unreliable as there were often delays and is not very efficient in carrying out the operation. Not being able to supply goods on time affects the goodwill relationship which the company has with its customers which can cause the company its market share. Once the company loses its market share then it will be difficult to regain it back. Also company policy of maintaining low inventory levels to free up capital would require a very efficient supply chain system to maintain the production process flow. So Roomis needs to revamp itself in terms of service levels to meet customer expectation and RMM has to figure out a way to do so.
Welding is the process of joining pieces of metal or other parts by heating the surfaces to the point of melting using a blow torch, electric arc, or other means. This careers demand has skyrocketed in recent years. According to Tri-County Technical College, welding is ranked as one of the top ten fastest growing career fields in South Carolina by the US Department of Labor (“Welding Associate's Degree”). Welding is a very meticulous career, to be a welder you have to be focused, careful and you have to have an extensive knowledge of the field to be successful. Welding requires a variety of skill sets. If a person has a variety of skills and experience doors will open up for positions such as: shipbuilding, automotive repair, and construction.
Will being a heavy equipment operator be as exciting as it sounds or will it just turn out to be a hard and boring job? Being a heavy equipment operator will prove to be intriguing because it takes a lot of team work and coordination to operate the equipment efficiently and correctly. Read on and discover the education needed to make this job the best it can be. Also discover the salary that could be earned. One thing to worry about though is the duties required to ear that salary.
Industrialization has revolutionized America’s economy. Mass production allows products in demand to be easily available for purchase. But at what point does this system cross the line? It is one thing to mass produce electronics and clothing, for example, but applying mass production to the meat industry is entirely different. In order to generate the most profit, livestock are killed systematically at a massive scale on an assembly line. These animals are treated as nothing more than objects that can be processed, packaged, and sold to a consumer. For this business to take place with both time and cost efficiency, the welfare of the livestock is placed as one of the last priorities. Factory farming has gotten out of hand, and America is
3. The great deal of bargaining power of supplier and customers cut down the margin of metal can manufactures.
Hans Thorborg is the general manager of a manufacturing firm, Precision Worldwide, Inc., which produces steel rings for various domestic and international companies. Recently there has been a shift in the market to a new product, a ring made of plastic rather than steel. The new product is of a higher quality in regard to consumer concerns compared to the steel ring as well as much cheaper to produce for Precision Worldwide, Inc.
If you want to be a welder, and actually have a career, you can go to a welding school and learn how to weld, or you can try to be a welders helper and just learn the trade. Welding can be a tough job if you don’t know what you are doing or you do not enjoy doing it. Welding is a fabrication or sculptural process that joins materials together (Modern Welding). This is the process that uses fuel gases and oxygen to make a molten pool of metal to fuse together two pieces of metal, called puddeling (oxy-fuel welding and cutting. Wikipedia). If you decide to weld as your profession, most welding school students have little trouble finding jobs and finding people certified to weld correctly (Welding.Wikipedia).
Recommendation:1. Improve Just-in-time systemSpartan Plastic Limited need to improve Just-in-time system, it is control aims to maintain inventory level at zero, with an immediate objective of reducing the capital tied to the inventories. It is an important principle that able to eliminating waste throughout the production system. The waste can occur, through excess inventories and overly large lot sizes, both of which can cause unnecessarily long customer lead times. Let's explain the role of the core JIT practices in enhancing manufacturing performance. JIT manufacturing requires the establishment of JIT supplier relationships with suppliers; Spartan in this case, that is able and willing to deliver the needed quantities of parts as the needs arise and without any defects.
Industrial Equipment INC. sold and serviced a variety of industrial equipment and related products to hospitals, nursing homes, hotels, motels and various other organizations in the four Atlantic Canadian provinces of New Brunswick, Nova Scotia, PEI and Newfoundland/Labrador. In addition to distributing a broad line of specialized equipment IE provided design, specification and planning assistance to architects,
Animal rights are practically non-existent in many different ways today. Factory farming is probably the worst thing they can do to the poor helpless animals. Factory farming effects chickens, cows, pigs, and many other animals that are used for food, milk and eggs. One of the biggest organizations against factory farming is called Compassion Over Killing (COK). They go to great lengths to protest and inform people about animal cruelty.
Some customers could also just prefer to have the steel rings over the plastic rings despite all of the advantages of the plastic ones. He would also have the opportunity to sell the steel rings at a premium price. However, if he decided to wait until after the steel rings are being produced our group concluded that he could lose potential and current customers.
Poultry is by far the number one meat consumed in America; it is versatile, relatively inexpensive compared to other meats, and most importantly it can be found in every grocery store through out the United States. All of those factors are made possible because of factory farming. Factory farming is the reason why consumers are able to purchase low-priced poultry in their local supermarket and also the reason why chickens and other animals are being seen as profit rather than living, breathing beings. So what is exactly is factory farming? According to Ben Macintyre, a writer and columnist of The Times, a British newspaper and a former chicken farm worker, he summed up the goal of any factory farm “... to produce the maximum quantity of
Until 2009, Nucor operated in an industry which experienced significant output declines during recent decades. The U.S. steel industry was operating at capacity levels of less than 50 percent and had lost more than 50,000 jobs since 2000. Growth of the Chinese steel industry posed a serious threat for domestic steel producers (Scott, 2009). Since that time, however, the U.S. steel industry has picked up momentum in response to soaring demand by the automobile and construction industries. Steel is the preferred material by the construction industry because of its performance, strength, reliability and versatility. In addition to construction, the automobile, energy and container industries have all been responsible for increasing steel consumption (Market Research.com, 2011).
Wriston’s Detroit plant is no longer a viable operation due to long-term capital underinvestment and product-process mismatch. It is recommended that the plant be phased out of operations over a five-year period with production and staff gradually shifted to a new plant to be built in the Detroit area. Further, it is also recommended that division accounting procedures and evaluation mechanisms be modified to allocate revenues/costs allowing for the synergistic benefits of Detroit’s products, and to recognize inherent manufacturing complexities, respectively. Issues Detroit’s production is unique when compared to other Wriston plants. Runs are typically lowvolume, involve significant set-up time, and vary significantly due to the sheer
Since 2008, Bergerac had been exploring the opportunity to begin its own production of cartridge components. Plastic suppliers like GenieTech and Elsinore faced difficulties in responding to demand spikes, leading to production delays. Such supplier unreliability made it challenging for Bergerac to optimize its cartridge production. Thus, the company had to carry more inventory of parts and finished goods than Wyckoff could have liked. The obvious appeal to fully control the supply of plastic lead to a strategy, the company has to decide whether to buy or build this capability. GenieTech owner was interested in retirement and was willing to sell the company for a purchase price of $5.75 million. GenieTech has 8 molding presses each could produce 5 cartridges per cycle with a total capacity of 10,782,720 cartridges per year with 5 days production in a week. The other alternative is to build a unit with 4 molding presses which are more efficient than the presses at GenieTech. The total capacity of the unit will be 6,097,371cartridges per year with 5 days production in a week. It is required to predict the best long term decision among the buy and build options.