Design And Operation Of Manufacturing And Supply - 1593 Words

In today’s economic and industrial environment, a systems approach to the design and operation of manufacturing and supply is more important than ever.† Do you agree with this statement, and why? When a great idea is created, starting up the business isn’t as easy as buying some real-estate, hiring some people, and telling them what to do. A systems approach to how the company is going to be designed and operated must be created and constantly reanalyzed. A system is a design that takes in inputs and produces outputs. To create a system, the first situation needs to be looked at and a purpose or nature must be identified. Next, a list of everything that will be going into the pizza restaurant must be created and labeled as inputs.†¦show more content†¦I believe that in todays economical and industrial environment, a systems approach is increasingly important. A working system can help a company run smoothly and efficiently. An example of a successful system is Walmart and their renowned supply chain system. A failed system is the reaction to the Katrina disaster management which is still having a lasting effect along the Gulf coast. Today, Walmart is a superstore empire with 11500 retail units in 28 counties and employs 2.3 million workers. To reach this success, Walmart has mastered their supply chain management strategy and system that has allowed them to cut costs and allow consumers to save money. One technique that Walmart uses is to have fewer links in the supply chain. Walmart started working directly with the manufactures to save money and be able to have more control over its supply chain. They used a method called Vendor Managed Inventory which made manufactures responsible for managing Walmart’s orders and keeping them in stock from them inside Walmart’s warehouse. [2] Walmart only sought out strategic vendor partnerships. Walmart would only buy from suppliers who had the best price and were in a position to meet demand. They then negotiated lower prices by offering to order from them long term and to make high volume purchases. Walmart then created communication and relationshi p networks with the suppliers which allowedShow MoreRelatedBus 430 Assignment 2: Inventory Management1369 Words   |  6 PagesAssignment 2: Inventory Management Due Week 8 and worth 300 points Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment. Write a six to eight (6-8) page paper in which you: 1. Determine the types of inventories these companies currently manage and describe their essential inventory characteristics. 2. Analyze how each of their goods and service design concepts are integrated. 3. Evaluate the role their inventory plays in the company’sRead MoreThe Systems Approaches to Manufacturing Essay890 Words   |  4 PagesThe country’s manufacturing sector has been on the decline over the past few years. This is due to the rapid emerging shift from the manufacturing industry to the service business. Consequently, this has reduced the global competitiveness of the United States manufacturing industry. Consequently, a new approach has to be incorporated in both the manufacturing and supply sectors to enable the country to maintain its global competitiveness. The most effective solution is the adoption of a systems approachRead MoreOps/571 Week 61430 Words   |  6 PagesProcess Design for Riordan Manufacturing OPS/571 â€Æ' Riordian Manufacturing, Inc. Hangzhou, China June 21, 2012 Motor, Inc. 1000 Last Class Flint, MI 900012 Dear CEO: At Riordan, the electric fan division has revised the process for supplying the electric fans. 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Experienced in leading a quality focused and continuous improvement culture to improve yield,Read MoreDesign for Riordan Manufacturing1115 Words   |  5 PagesDesign for Riordan Manufacturing Steve Wernick Introduction Riordan Manufacturing is a global leader in plastics manufacturing who employees hundreds of people.   Riordan manufactures plastic bottles,  medical stents, fans, heart valves,  and they custom order plastics.  In maintaining their competitiveness, they utilize the Six Sigma methodology and are focused on long-term relationships with their customers as well as their suppliers while achieving financial growth. In this paper, we will discussRead MoreSupply Management1084 Words   |  5 PagesChapter 3 Supply Management: An Organization Spanning Activity ...../..... Questions 1. As a philosophy, SM spans functional boundaries and company borders. .....: ..... 2. Two sources of materials are internal production and external sources, where external sources are increasingly being used over internal production. .....: ..... 3. In assuming greater strategic responsibility, the activities of supply managers increasingly span organizational boundaries. Read More: Production Plan for Riordan Manufacturing1007 Words   |  5 PagesProduction Plan for Riordan Manufacturing The intended principle of this study is to submit suggestions for a new process design and the supply chain at Riordan Manufacturing, Inc. The reformation will utilize the theory of Lean Production in the application of the electric fans manufacturing. The research uses Riordan Manufacturing, Inc. intranet information. This paper will present a complete production plan for two of the Riordan Manufacturing Inc. locations: Hangzhou, China and Pontiac,Read MoreProduction Plan for Riordan Manufacturing1451 Words   |  6 PagesProduction Plan for Riordan Manufacturingr University of Phoenix OPS/GM 571: International Operations Management September 14, 2010 Production Plan for Riordan Manufacturing Riorden Manufacturing Incorporated is a global plastic manufacturing company that employs 550 people with annual earnings of $46 million. Riorden has several plants in different parts of the country and overseas with a corporate headquarters in San Jose California. TheRead MoreSupply Chain Strategy1576 Words   |  7 PagesSupply-Chain Management Supply-chain management consists of developing a strategy to organize, control, and motivate the resources involved in the flow of services and materials within the supply chain. A supply chain strategy, an essential aspect of supply chain management, seeks to design a firm’s supply chain to meet the competitive priorities of the firm’s operations strategy. 1 Supply Chain Strategy Across the Organization Supply chains must be managed to coordinate the inputsRead MoreZara Postponement Strategy1702 Words   |  7 Pageswith their supply chain operations to gain control of product variety proliferation. Zara is one of the most successful fast-fashion chains in the world, which is famous for its ability to keep itself up to date with fashion trends and the incredibly short time to introduce new products. In order to react quickly to fashion changes and consumer demand, Zara maintains extremely efficient supply chain operations. By properly designing the product structure and the manufacturing and supply chain process