HKU820 BENJAMIN YEN AVIATION SPARE PARTS SUPPLY CHAIN MANAGEMENT OPTIMISATION AT CATHAY PACIFIC AIRWAYS LIMITED We have 2½ billion Hong Kong dollars worth of spare parts on our shelves. Managing these spare parts effectively is instrumental in ensuring the efficient operations of our airline. This presents a significant challenge to the engineering department. - Robert Taylor‚ manager of inventory operations‚ Cathay Pacific1 A profitable and financially sound commercial airline‚ Cathay
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CASE STUDY: Quality Parts Company . BUS520 OPERATIONS MANAGEMENT 04 January 2008 Introduction: I. Which of the changes being considered by the manager of Quality Parts Company are counter to the lean philosophy? II. Make recommendations for lean improvements in such areas as scheduling‚ layout‚ kanban‚ task groupings‚ and inventory. III. Sketch the operation of a pull system for quality for Quality Parts Company’s current system. IV. Outline a plan for introducing lean at Quality Parts
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A – Supply Chain Strategy The supply chain strategy chosen for the power tool company is a long term partnering relationship with few suppliers. The long term vision of the company is to make quality products and constantly stay ahead of the competition with innovation. The best way to accomplish this strategic long term goal is to partner with key suppliers that operate using a strategy of long term thinking based on trust and transparency. Ray Kroc was one of the pioneers on forming partnerships
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MSc (Eng) in Industrial Engineering and Logistics Management (IELM6046) 1st Semester – 2013/2014 Year Session 1 – Room LE9 – 7:00 P.M. to 9:30 P.M. Introduction & Objectives of Supply Management (September 3‚ 2013) (Class B) Dr. Stephen W. K. Ng (stephenng@ipshk.org) 1 MSc. in IELM – Supply Management (IELM 6046) – 2013‐2014 Copyright @ QuST 2013 Prof. Stephen W. K. Ng – HKU When we wake up in the morning
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What does Cash’s list of the 13 reasons for beveling the edges of the coffin tell us about him? In the novel As I Lay Dying‚ Cash has to build a coffin for his dying mother. He decides to bevel the edges‚ and he makes a list of thirteen reasons for doing so. This action tells a lot about his personality. By making this list‚ it is made apparent that Cash is a practical person who likes order. Only an organized person would make a list-and an extensive one at that- of reasons why he is doing
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Case study: Canadian Blood Services History of Canadian Blood Services (CBS): Blood collection in Canada was initially funded and operated by the Canadian Red Cross in 1930’s. During the 1980’s the blood supply was contaminated with the AIDS and hepatitis C virus which affected hundreds of people and eventually it let to the creation of CBS in 1998. Canadian Blood Services (CBS) is a not-for-profit charitable organization dedicated to giving Canadians a safe and secure blood supply system in all
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SOFTWARE SERVICE CALLS Sam works as a manager in a national service center of a software company. The company sells packaged design software. Customers who buy the product require service in case they face any problem in the software. Sam is concerned about the capacity of the national service center to handle to number of service requests. There are two types of service requests‚ one customer submits written request which is called as STRs and two they can call national service center which are
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DEMAND AND SUPPLY In the market economy‚ the interaction of the buyers and sellers determines how the market will work. Buyers demand and producers sell for a particular quantity of goods and services at a certain level of prices. To Adam Smith‚ widely cited as the father of Modern Economics and Capitalism‚ in a free market‚ consumers are free to choose varieties of commodities‚ while producers have freedom of choice the commodities for sale and its production. Market settles on the price that
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KrugMicro2eMods_Mod07_Layout 1 3/21/11 2:08 PM Page 71 What you will learn in this Module: Module 7 Supply and Demand: Changes in Equilibrium • How equilibrium price and quantity are affected when there is a change in either supply or demand • How equilibrium price and quantity are affected when there is a simultaneous change in both supply and demand Changes in Supply and Demand The emergence of Vietnam as a major coffee-producing country came as a surprise‚ but the subsequent
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entered or works under (or‚ where the employment has ceased‚ worked under). The ERA defines ‘contract of employment’ as “a contract of service or apprenticeship‚ whether express or implied‚ and (if expressed) orally or in writing. The variance between the two is Contracts of Service and Contracts for Service. To begin with‚ the difference a Contract of Service is‚ where an employer and an employee have a relationship that is continuous. The employer has a duty of care to its employees‚ for example
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