The automation of the manufacturing process for MK20 at ITT created a debate that can be summarized in the following sentence: to what level automation is good in different plants. The cost/flexibility tradeoff is always present when discussing automation. Basically‚ the implication of automation for cost can be viewed from different perspectives. Automation is utilizing control systems and information technology to reduce human work during production especially for tasks that require physical interventions
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The $3.5Bn company is an Auto component manufacturer with offerings in 8 product groups. It has Engineering and production presence in EU and US. ITT-Teves (for ABS) is the only auto supplier to exceed $1 Bn Sales. ABS Market trend In 1990s Greater hands on experience with technology‚ and economies of scale due to increased demand drove cost reduction in ABS Systems. Suppliers faced challenges to meet volumes as greater emphasis on safety to fit wider products‚ made OEMs to introduce ABS even compact
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to std. equipment‚ leading to larger demand at low cost; 2) Shorter product development lead times – shorter window for component manufactures‚ ITT gets 2 years to develop MK20; 3) Technological obsolescence (shorter product life cycles) – needs rapid production ramp-up; 4) Shorter margins – 5% (1987) to 1.5% (1991) Case Worksheet (ITT Automotive: Global Manufacturing Strategy – 1994) (Manufacturing) Strategy – Standardized‚ automated production using principles of simultaneous engineering
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Indian Institute of Management‚ Ranchi Strategic Operation Management 1 2 3 ID PGEXP/019/2013 Name Bharat Bhushan PGEXP/057/2013 PGEXP/063/2013 Prasanta Kumar Pattnaik Rajesh Dhiman Case Submission Date: 10-Jan-2015 Post-Graduate Executive Programme in Management PGEXP (2013-15 Batch) ITT Automotive – Industry Detail PRODUCT DETAIL : Anti-Lock Brake system (ABS) CHILD PARTS: Electric Motor‚ Hydraulic Fluid Pump‚ Valve Block‚ Microprocessor Controller‚ Wire Harness and Wheel Sensor assemblies
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IT308/IT315/IT331 Capstone Project The capstone project is an opportunity for students to demonstrate that they have achieved the goals for learning established by their educational institution and major department. The project is designed to assess cognitive‚ affective and psychomotor learning and to do so in a student-centered and student-directed manner which requires the command‚ analysis and synthesis of knowledge and skills. The capstone project integrates learning from the courses in the
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Chapter 3: Maintenance and Safety Precautions NEWBIE 3 hours SOME EXPERIENCE 2 hours EXPERT 1 hour There’s more to keeping a PC running smoothly than launching an occasional chkdsk or deleting some temporary Internet files. PCs are machines‚ and all machines need regular maintenance. This doesn’t include changing the oil every 3000 miles‚ but it does include cleaning and dusting‚ among other things. Yes‚ dusting! Being a PC tech doesn’t get you out of housework! Don’t be fooled by the benign appearance
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ITT Technical Institute is a for-profit technical institute with over 100 campuses in 37 states of the United States. (ITT Educational Services‚ Inc. Announces the Opening of its First College in West Virginia Expanding the Company’s Reach into 37 State) ITT Tech is a technical college whose headquarters is based in Carmel‚ Indiana. (ITT Tech website) It was founded in 1946 as an educational service‚ Inc. It severs over 70‚000 students who attend to further their education in different areas. Some
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The success of a business is determined by how effective its managers are in managing risk. Therefore‚ acquiring effective risk management helps to protect the company from losses because of poor accounting practices as well as fraudulent activities. Using good controls protect managers from liabilities that may arise when certifying financial statements used in annual reports because when these reports are issued‚ they are also a reflection of the company’s internal controls. The internal control
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CASE 46 The Hilton—ITT Wars Professor William Z Ripley of Harvard‚ the leading authority on corporations in the 1920s‚ warned President Calvin Coolidge that "prestidigitation‚ double-shuffling‚ honeyfugling‚ hornswoggling‚ and skulduggery" were threatening the entire economic system. Plus Ca change‚ plus c ’est la même chose.’ —Rand V Araskog‚ CEO of ITT Surprised by the announcement of ITT Corporation’s (ITT) restructuring proposal‚ on July 17‚ 1997‚ Matthew J. Hart‚ the chief financial officer
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Hwang I S 300 Viro Automotive Company Case 1. Describe the supply chain of Viro Automotive Company Viro Automotive Company’s supply chain is currently based on the pull system model; they manufacture and distribute the cars only after they have been ordered by their customers‚ rather than by forecasting demand (push system). After having received the orders from their customers‚ Viro then sends the orders to their own suppliers‚ or members of the supply chain. In this case‚ the main client is the
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