FEATURE ARTICLE Do You Need a New Product-Development Strategy? Aligning Process With Context There is no one-size-fits-all product-development process; designing new products for different business contexts requires different new-product development processes. Alan MacCormack‚ William Crandall‚ Paul Henderson‚ and Peter Toft OVERVIEW: Many firms rely on a single new-product development process for all projects. But designing new products for different business contexts requires that a firm
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(Weerarantne‚ 2004). In order to counter this Government of Sri Lanka initiated Lean training workshops in order to improve the productivity of the Apparel industry as a whole (Charlesdagher‚ 2011) Background of Study Lean strategy involves eliminating waste from the production process‚ thus achieving higher level of quality‚ productivity and better customer competiveness (Nicholas‚ 1998). Formal writing on the concept of lean began in Toyota and was known as the Toyota Production System. The Toyota
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Riordan Manufacturing HR System Analysis Part II BSA 375 May 28‚ 2011 Riordan Manufacturing HR System Analysis Part II The new HRIS system architecture will be implemented and integrated into the existing IT infrastructure which will be supported by the corporate office in San Jose. I recommend that the company consider a three-tiered implementation approach. HRIS base requirements and enhanced HR functionality being deployed to a consolidated organizational-wide instance of the HRIS located
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It was 1793‚ when Eli Whitney invented the cotton gin. A cotton gin is a machine that quickly separates cotton fibers from their seeds. This allows for much greater productivity than manual cotton separation. Eli Whitney was born on December 8‚ 1765 in Westborough‚ Massachusetts. He died on January 8‚ 1825. When he was a child‚ he loved working in his father’s workshop. He’d take things apart‚ then put them back together again. (For example‚ a clock.) He worked on a Georgian Plantation when he was
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2013 Why the need for QRM (Quick Response Manufacturing)? Chuck Gates. President of Renew Aire‚ a US based company and market leader‚ reduced lead times using QRM by 80% in 2010; which increased their market share overall by 42%. QRM workshop release. Going Beyond Lean: IMEC Partners with Founder of QRM Strategy to Assist Manufacturers of Low-Volume and Customized Products. Pp. 1. Many companies around the world use lean manufacturing strategies such as Takt Time and Six Sigma‚ in order to
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Eli Whitney was born on a farm in Westboro‚ Massachusetts‚ on December 8‚ 1765. Whitney’s Mother‚ Elizabeth Fay‚ died of a heart attack in the year 1777. At the age 14 Eli ran a nail manufacturing operation that ended up being very profitable. He had sold nails from his Dad’s workshop during the Revolutionary War. Because Eli’s stepmother didn’t support his wish to attend college‚ he worked as a farm laborer and a school teacher to save up money. Eli then prepared to go to Yale at Leicester Academy
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industrialization process in other countries as well as relevant changes that influence how business operate outside their homeland. Many advantages have been attributed to the globalization movement of many countries. In a country like Chile these advantages could be seen in the constant decrease of their unemployment and poverty rates‚ the increase of GDP rates‚ the economic status compared to its neighbor countries‚ the increase in educational standards that allowed technology to flourish‚ and
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Abstract Baxter Manufacturing Company (BMC) is a family founded company. Started by Walter R. Baxter in 1978‚ the 140‚000-square foot manufacturing facility is headquartered in the Midwest in the United States. Walter Baxter’s children work for BMC‚ Kyle Baxter is the President and his sister Sue Barkly is Vice President of customer relations. BMC is recognized as a world class supplier of tools‚ dies and deep-drawn stamping; serving customers such as: General Motors‚ Ford‚ Whirlpool‚ and
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because as lead-times decrease‚ production times fall‚ quality improves and costs shrink. The methodology that an increasing number of companies are using to accomplish such a business strategy is the implementation of the Toyota Production System (TPS)‚ also called lean manufacturing. Lean Manufacturing is best defined as a management philosophy that focuses on reducing waste in all business processes. Although it originates from a time when the Toyota of today was a manufacturer of power
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MANUFACTURING RESOURCES PLANNING References: http://www.enotes.com/manufacturing-resources-planning-reference/manufacturing-resources-planning Manufacturing resource planning‚ also known as MRP II‚ is a method for the effective planning of a manufacturer’s resources. MRP II is composed of several linked functions‚ such as business planning‚ sales and operations planning‚ capacity requirements planning‚ and all related support systems. The output from these MRP II functions can be integrated
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