Graduate School of Business Faculty of Business & Accountancy CMGB6104: Operation Management Case Study: Lean Implementation at Siemens’ Kalwa Plant Prepared For: Dr. Kanagi Kanapathy Prepared by Group 5 (Wednesday 6.30 p.m. class): Jamaludin Muhamad Yusof CGA 120092 Sathisveran CGA 100081 Vinoden Subramaniam CGA 120012 Payam Nasehi CGA 120079 Salwa Faharudin CGA 110110 Table of Contents Page _____________________________________________________________________________________
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1. “HIGH EXPECTATIONS OF CUSTOMERS AND GROWING UNCERTAINITIES IN COSTS MAKES IT IMPERATIVE TO CUT COSTS WITH OPERATIONAL EXCELLENCE USING LEAN TECHNIQUES” Analytically examine this statement and explain importance of Lean in Today’s Global uncertainties. Along with the economical uncertainties‚ several market drivers are putting companies under strong pressure. Regulators are strongly encouraging companies to reduce their operating costs for regulated businesses (i.e. transport and distribution
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Edward Curtis Wells‚ Senior vice president of Boeing Edward Wells was born on August 26‚ 1910 in Boise Idaho. He graduated from Stanford university with a bachelors degree in engineering in 1931. Edward then joined boeings engineering staff the same year. In 1943‚ Wells was named Boeings cheif engineer. Wells was one of the key desingers of the B-17 flying fortress‚ one of the most iconic planes of WWII and the Boeing 747‚ which is still in use today. The B-17‚ possibly one of the best bombers of
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Reflection on the Evolution of the Lean System from the IE Perspective Abstract— Reading the six books recommended by our professor to illustrate the historical evolution of lean systems‚ I have found the book The Machine that Changed the World by Womack‚ Jones and Roos to be the most informative. This book demonstrated the roots of lean systems to where it is being applied today. The first one‚ craft manufacturing‚ focused mainly on providing exactly what customers ask for regardless of the
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use to improve manufacturing processes and eliminate product defects. Besides‚ there are seven wastes found in manufacturing that provides information on how managers can reduce or eliminate waste in order to become a lean organization. For instance‚ Toyota Company makes use of lean production and supply to improve their productivity and profitability. Above all‚ by implementing Six-Sigma philosophy and methodology such as DMAIC‚ Cause-and-Effect Diagram and Visual Management tools‚ Toyota is able
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Act 2 Scene 1 For this scene I chose the song “Lean On Me” by Bill Withers. I chose this song because it talks about how when you need a friend during bad times in your life to help you‚ they’ll be there. A quotation from the song that proves this is: ”Lean on me‚ when you’re not strong And I’ll be your friend‚ I’ll help you carry on.” this connects to the scene because Sebastian needed someone to be there for him to help him in his time of need and sorrow. Antonio offers to help Sebastian even though
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VOL.7 NO.1 Accounting for Lean Fall Manufacturing: Another 2005 Missed Opportunity? B Y K AY C A R N E S ‚ P H . D . ‚ C PA ‚ AND SCOTT HEDIN‚ PH.D. MANY COMPANIES ARE IMPLEMENTING LEAN ACCOUNTING TECHNIQUES‚ YET THE MANAGEMENT ACCOUNTING LITERATURE AND CURRICULA LAG BEHIND IN THEIR COVERAGE OF THESE TOPICS. THE MANAGEMENT ACCOUNTING FIELD FACES A SEVERE CHALLENGE TO CATCH UP OR RISKS LEAVING GRADUATES UNPREPARED FOR THEIR CAREERS. EXECUTIVE SUMMARY While much has been written
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the Industrial Revolution however‚ Americans discovered they could depend on unskilled workers to eventually transform the local market of production into a flourishing global economy. The division of labor‚ scientific management‚ mass production‚ lean production and socio-technical team-based production approaches each have contributed to specific industries’ successes. During the 1880’s‚ Frederick Taylor developed scientific management – a theory of management as a solution for the inefficiencies
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Contents Boeing 787 Dreamliner: Time‚ Budget and Project Performance Analysis 1 Introduction. 1.1 In developing the Boeing 787 Dreamliner‚ Boeing executive management’s initial decisions and project management strategies did not control the four major measurements of project success: time‚ budget‚ performance and client acceptance (Pinto‚ 2013‚ pp. 35‚36). This report analyses the methodology and project management decisions that led to a project crisis and risk to Boeing’s
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Just – in – time concept in relation to recruitment has also been studied by Pradeep Sahay. He writes a conceptual paper titled‚ “Lean Six Sigma Tools in the Hiring Process”. He iterates that “identifying‚ acquiring and retaining talent for organisation’s needs is essentially a human capital supply chain management”. He emphasises that just – in – time recruiting is a pull based strategy where organisations are provided with right kind of candidate with right skills at the right time and at right
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