Manufacturing

raise productivity and exports”, the author explains the benefits of manufacturing productivity. The author, Sharma, reveals that imported products bring new technology and offer new opportunities for manufacturing companies. Additionally, these opportunities tend to spawn new ideas as new products are imported that can add new profitability by providing lower cost supplies (Sharma, 2016). The newest of Akebono’s manufacturing processes The K2XX Caliper assembly process utilizes low-cost caliper…

India” campaign launched recently by the Indian Prime Minister Mr. Narendra Modi is aimed at making India a manufacturing hub and thereby bringing about economic transformation in the country. One of the major objectives of the vision is to make the manufacturing sector contribute to about 22% of the GDP by 2022, going up from the dismal 12.89% in 2013. Going by the 2013 Deloitte Global Manufacturing Competitiveness Index, China is ranked 1, while India is ranked fourth having fallen from its…

Introduction Per Vonderembse & White (2013), Beck manufacturing produces steering gears for auto manufacturers. The president of the company, Al Beck, wants to know the capacity of the facility. Mr. Beck has asked me to sort through the data to determine the capacity of the system and find out a way to increase it. The facility operates for two 8 hour shifts a day with a 3rd shift for maintenance purposes. The layout I am presented with consists of a product layout that produces large numbers…

developed the meet the needs of automobiles manufacturing units especially Toyota and that is the reason that the process has got a name “Toyota Production System”. Many experts named it theoretical which is Just-in-time production. Taiichi Ohno who developed the concept of lean production after World War…

Three main manufacturing processes exist; formative, subtractive and additive processes. These manufacturing processes can be divided by the type of action or actions required to produce the final part. Formative processes form the material into the desired shape, either by using dies or moulds. Examples of formative processes are stamping, forging, drawing, rolling or extruding. Subtractive processes on the other hand remove layers of material to form the final part. Turning, milling, grinding,…

OT. Team Analysis The training needs analysis technique Roldan Manufacturing chose is a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). A SWOT training needs analysis identifies internal and external factors (both favorable and unfavorable) of the company through brainstorming and specifying an objective. Below is Riordan Manufacturing’s SWOTT analysis (University of Phoenix, 2013). Strengths. Riordan Manufacturing has three main strengths: Brainstorming, instant messaging,…

A Summary of the Article, “Organizational Readiness to Adopt ERP: An Evaluation Model for Manufacturing SMEs” by Louis Raymond, Suzanne Rivard and Danie Jutras In the previous years, ERP had been only used by large organizations. However, this trend has changed because even SMEs are currently making use of ERP, despite the technology being complex and enormous for SMEs. It is because of this change of trend that Louis Raymond, Suzanne Rivard and Danie Jutras, in this article, are proposing and…

Today’s global market demands new manufacturing strategies in order to improve the firm’s efficiency and production. In order to overcome the modern day challenges manufacturing firms are taking in to account the management tools and techniques in different forms and names. The most widely accepted and adopted management tool is the lean manufacturing system. It is considered as the best manufacturing practice across countries and industries because of its global superiority in cost, quality,…

Introduction Manufacturing companies, like Hampshire Company, rely on the costing data provided by various costing methods to determine financial successes and downfalls. “By tracking and categorizing this information according to a rigorous accounting system, corporate management can determine with a high degree of accuracy the cost per unit of production and other key performance indicators” (Kucera 2018). Therefore, Hampshire Company has requested that I calculate how traditional and…

3-63 Case Study Chisos Manufacturing Company has received a one hundred-million-dollar loan with the Rio Grande National Bank. However, there was an agreement between Chisos and the bank that they have to keep a current ratio greater than 1.5 throughout the year, and the latest financial statement shows that the company will violate the current ratio agreement. This most likely will cause a bunch of problems for the company. The bank is notorious for raising interest rates for companies who…