Lean Production

Lean Production Lean production is the term given to a range of measures traditionally used by Japanese businesses in an attempt to reduce waste and costs in production. Just-In-Time This is a method of manufacturing products which aims to minimise: - the production time - the production costs - the amount of stock held in the factory. Raw materials and supplies arrive at the factory as they are required, and consequently there is very little stock sitting idle at any one time. Each stage of the production process finishes just before the next stage is due to commence and therefore the lead-time is significantly reduced. With a just-in-time production system, the level of production is related to the demand for the output (i.e. the number of orders) rather than simply producing finished goods and waiting for orders. This means that raw materials and stock only needs to be ordered from suppliers as required - this reduces the amount of money tied up in stocks, and leaves more money available for investment elsewhere. The advantages of a just-in-time production system are: ) Cashflow is improved, as less money is tied up in raw materials, work-in-progress and finished goods. 2) Less need for storage space for raw materials and finished goods. 3) The business builds up strong relationships with its suppliers. 4) Communication and co-operation between the marketing

  • Word count: 1208
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

Lean manufacturing in the turbine engine production

University of Bradford School of Management Operations Management Assignment Lean manufacturing in the turbine engine production "I certify that the above coursework is all my own work and does not exceed the word count (3500 words)." Signature: Date: United Kingdom 2007 Table of Contents Abbreviations ) Introduction 2) What is Lean Manufacturing? * The Lean Focus: Reducing Lead Time by Eliminating Waste * Mass Production and Lean Thinking * Recognizing Waste * A Model of Lean Manufacturing in Aerospace 3) Just in Time Principle * Reengineering of manufacturing process * Reengineering of production space 4) Built In Quality 5) Lean Quality Logistics Supply Chain Conclusion References Appendixes 1-3 3 4 5 8 1 2 5 6 7 Abbreviations JIT - just in time TPS - Toyota Production System TQM - Total Quality Management MRP - Materials Requirements Planning BOM - Bill of Material SPC - Statistical Process Control DPM - Defects Per Million (Opportunities) FIFO - First In First Out RR - Rolls Royce GE - General Electrics P&W - Pratt & Whitney . Introduction Rolls-Royce (RR) aerospace division has the large complex business process, part of which concentrates on manufacturing of turbine engines, producing a range of quality world class products [1]. In response to increased orders from the market place and competition, the

  • Word count: 5333
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

operations management

Operations Management 'Design House Partnership at Concept Design Services' Lawrence Britt Introduction Businesses continually need to make decisions, whether it has to find a cheaper way to carry out tasks in the production department to choosing which marketing campaign they will use. The operations manager must decide on their overall operations approach built on their business strategy. The manager must design processes on a day-to-day basis, ensuring there is appropriate delivery of their service. Importantly the company must continually seek out ways of improvement to create and deliver products and services. CDS Model of Operations Management Operations strategic objectives Villessi & Design Operations strategy House Partnership Inputs Output Out-Sourcing "Focus" products (Operations Management, Slack, N, 4th edition) We can see from the above diagram the overall picture of CDS. The inputs are entered into the transformation, where designs are passed to manufacturing then are produced and distributed as outputs. The objectives of the company are used as a template for the strategy of CDS's operations, which will over see the designs and production of it products. There is also involvement from its design partners that will influence the operation

  • Word count: 1898
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

Operations & Business Management

Operations Management Research Assessment Operations and Business Systems Management UIL VEN-20-2 Andrew Taggart FdA Sports Business Management 6th March 2008 2000 words 05974929 Title: Operations Management Research Assessment To: Managing Director From: Operations Consultant RE: Lean Production .0 Terms of reference Operations Management is at the centre of so many changes affecting the business world. It's important that managers can analyse the operations of their organisations and suggest and implement the necessary changes to meet these challenges. In this report I will discuss how the information I find can promote a lean philosophy and describe any recommendations I have. I will base my research on questionnaires and surveys and use literature to support my theories. I am going to conduct my research on the Hartpury College gym. 2.0 Research The research consists of a questionnaire given to 50 customers and 5 of the staff at the Hartpury gym. By giving the questionnaire to both customers and staff, different views can be seen and their priorities shown. The questionnaire consisted of 15 questions all relating to the Five Performance Objectives of the operation. Five main questions were split into three subsections each. The answers were given in ranking style formats out of 10. The first graph shows the results for the customer's answers to the

  • Word count: 1570
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

Operations Management

Operations Management Level 2 COPR3903 BA Honours Degree in Business Tutor: Masoud Azhashemi Nadina Kalsi Student No. P03205177 Word Count: 1,978 Contents Operations Management Assignment Outline 3 Summary 4 Introduction 5 The role of operations management in both manufacturing & retail 6 Conclusion 12 Bibliography 14 Appendices: Appendix 1 - Porters Value Chain 15 Appendix 2 - The Kano Model 16 Assignment Outline: Describe and critically appraise the role of Operations Management in both manufacturing & service organisations. Summary: Operations Management is present in many occupations as well as those of manufacturing and service industries. I belive it to be present in daily duties of any person although they may never notice. With this in mind I see operations management as a skill anyone has with an aim of achieving an outcome of something they are working towards in a logical process with thought of awareness of a system structure. Introduction: Operations management has been around for some time yet it was Christopher Polhelm (Sweden) first recognised a skill and recorded that 'Nothing increases demand so much as low prices. Therefore there is a great need of machines and appliances which will diminish the amount or intensity of heavy work' (Extract from text book Operations

  • Word count: 1927
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

Computer Associates Operations Management.

http://www.ca.com The company that manages eBusiness Operations Management Paulo Colaço-Dias Executive MBA 22 February 2003 Company Confidential Contents Executive Summary 3 Computer Associates: Introduction and Background 4 Section 1. An analysis of type of operations carried out and operating processes chosen by Computer Associates. 5 Section 2. An identification and evaluation of the major strengths and weaknesses of the Operations Function in Computer Associates. 7 Section 3. An analysis of the extent to which the operations function supports the broader Business Strategy of the organisation. 9 Section 4. Recommendations for improving the operations function, whilst leaving the broader business policy unchanged. 10 References 12 Computer Associates Operations Management Executive Summary: It should come as no surprise that software companies in today's world need to excel in innovation and customer focusing in order to achieve competitive advantage. The software industry is highly competitive and in constant change. Software companies need to effectively learn how to change and adapt to the new challenges and to the different markets moved by rapid technologic advance. More than ever before, Operations Managers are required to focus on improving operational efficiency. This is usually accomplished by cutting

  • Word count: 3508
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

Trends in Production Operations Management - Offshore to India: Silicon valley moving east

Trends in Production Operations Management OFFSHORE TO INDIA: SILICON VALLEY MOVING EAST Management 3660 SAHAY ABSTRACT: The future is not what it used to be... and Outsourcing is, increasingly being used as a tool for gaining a competitive edge. Understanding where, when and how to successfully outsource, is proving to be one of the most difficult and important business skills needed for a company's future. Currently many firms have chosen India as their destination of choice for their outsourcing and offshore operations needs. Why India? This paper delineates the statistical and intuitive reasons why firms are choosing India and having tremendous success. By using sources such as Reuters News, Wired Magazine, Wipro White papers, Fortune Magazine, CNET News and CIO Magazine the evidence is laid out on the table and the conclusion is simple: India makes sense. Trends in Production Operations Management OFFSHORE TO INDIA: SILICON VALLEY MOVING EAST Section 1: INTRODUCTION In the face of mediocre economic prospects resulting from one of the largest economic downturns since the Great Depression, companies are striving to streamline and become profitable. In addition, scandal has befallen numerous US corporations, the indiscretions flowing from the upper echelon of corporate executives, CFOs CEOs and COOs. As a result of public scrutiny of corporate "waste" and

  • Word count: 2178
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

operations management

Section 1 Management concerns Manufacturing director The concern of the manufacturing director when choosing between the "conventional" conch and the new technology process is that in his opinion they will not be able to meet the forecast growth in demand for the forthcoming period if they delay in the purchase of another "conventional" conch machine. Therefore the company will be forced to cut back on all of their expansion plans. He is concerned that the new technology conch could take 12-15 months to make and install compared to the "conventional" conch, which could be installed, and working in under six months and therefore have considerable flexibility because they have four identical existing machines. Furthermore he looks at the "conventional" conch as a solution to the current capacity problems. Also he is concerned that the new technology conch would require different skills, and would be too disruptive at a time when they need to focus on output and new product development. Marketing director The concern of the marketing director when choosing between the two machines is that the new technology conch would not be into production until at least six months later compared to the "conventional" conch. He is also concerned that there is no guarantee that a full scale new technology conch would produce the same results as the small trial machine even though the

  • Word count: 1994
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

Operations Management

Part One Question 1 After revisiting the DVD[1] case studies I have decided to choose Vue for comparison with bmibaby on the similarities and differences in the management of operations within their organisations. They are both relatively new companies, created within the last 10 years and both are very ambitious in expanding their respective businesses. To compare the two I will be using the following functions operations strategy, design, planning and control, supply chain management, quality and performance which are all features of operations management. Operations Strategy There are three main but basic functions which have a part to play in an organisations operations strategy, implementation, support and drive strategies [2]. Without these, processes cannot be put into practice, develop the capabilities or give the vision that will be at the heart of a successful organisation looking for stable long term goals. Bmibaby operate from hubs within the UK to short haul and medium European destinations it uses planning and control strategies (I will go into in more detail later) to maximise the utilisation of its aircraft. Designing supply networks to outsource its ground services. Acquisition of similar models of aircraft thus ensuring commonality of maintenance and crews which drive down operating and maintenance costs. Vue is an organisation which prides itself on

  • Word count: 2047
  • Level: University Degree
  • Subject: Business and Administrative studies
Access this essay

Strategic Operations Management.

Strategic Operations Management In today's fiercely competitive environment many companies that use only these tools are merely keeping pace with the competition. Many companies are no longer viewing environmental management solely as a cost, looking for new competitive advantages, focused on achieving compliance. Most of them now are also developing long-range strategies that linking the organizations to its external environment. As we know, strategy is a field that has been extensively studied, mainly due to its captivating interest to Chief Executives and to others in central management. In military matters, strategy has been around for many years - for instance, Caesar's strategy for driving a wedge of his infantry through enemy ranks, Rommel's "pincer" strategy, and the successful British "search and destroy" strategy used to counter the Communist insurgency in (then) Malaya illustrate the military notion of strategy being the means employed to achieve a goal. And yet, Toyota, GM, BMW, Volvo, Hilton, and Motel 6 have survived and achieved a fair degree of success (GM's recent problems notwithstanding). In fact, over a period of time, organizations may come to depend upon the activities on which their past strategies were based to be the driving force for their strategies of the future. Pirelli and Starbucks are good examples when strategy helped companies to become

  • Word count: 2306
  • Level: GCSE
  • Subject: Business Studies
Access this essay