both internal and external operations). Just-In-Time (JIT) manufacturing may affect a Job Shop both positively and negatively. The most important affect is that it improves the performance of job shop production. JIT also eliminates waste and/or decreases work in progress (WIP) in that same sense. JIT allows for products that are produced to fulfill an immediate demand for them. JIT emphasizes on quality. Quality is very important in JIT manufacturing because it decreases or eliminates costs
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Social Network and Influence Donna Dubinsky built an excellent social network with her subordinates. She willingly fought for them and they really appreciated her. It helped her to maintain strong trust and relationship. [pic] But she failed to build good network with higher level management. Dubinsky had lots of confidence and conviction in her belief. She was very direct and not intimidated by upper management. She was not very political. She didn’t go out and sell her idea
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Yet‚ there was tremendous hard work put in by the Renault India team to get everything right -- from the features and mileage to the final price. Now amidst all the economic gloom and slew of fresh competition posed by new launches by Ford and Maruti‚ the coming year appears to be a much more challenging proposition. Product management team of Duster was poring over the market reports and surveys to figure the next move. 2 Renault’s story in India Renault is a French multinational vehicle
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QUESTION 1 Using the specific operations performance objectives explain why do you thing TMC is a world-class company? A company should be concerned to satisfy its customers’ requirements for fast and dependable services at reasonable price‚ as well as helping its own suppliers to improve services they offer. There are five basic performance objectives and they apply to all types of operation: • Quality • Speed • Dependability • Flexibility • Cost (Slack‚ N. et
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1.0 Introduction For the recently research from the chapter1-introduction to managerial accounting (n.d.) has shown that the Institute of Management Accountants describes managerial accounting supports the decision making process through planning and controlling operations. Planning primarily appears in the budgeting process and Controlling occurs when managers compare actual performance with budgeted amounts to identify differences and then act upon differences that appear to be significant. For
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Quality management and international standards Quality is the ability of a product or service to meet customer needs and exceed them. Implications of quality In addition to being a critical element in operations‚ quality has other implication: Company reputation – an organization can expect its reputation for quality – be it good or bad – to follow it. You are known by the company you keep! This statement does not only apply to individuals but organizations as well. Quality will show up in perception
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To compete in today ’s global markets‚ organizations strive to deliver their products and services in both an efficient and effective manner. A critical component in this effort is the design and coordination of the supply and distribution strategies in supply chain companies and the service quality in the service industry. Based on a site visit to the IGA Distribution Centre‚ below are be comparisons between the IGA National Distribution Centre and the well known popular Hard Rock Café. TRANSFORMATION
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ZARA IT for Fast Fashion ( Case Analysis) 1) Please describe three most important competitive advantages of ZARA (Inditex) over its main competitor. How sustainable is this advantage? 2) Assume that ZARA is considering to enter the US market. Please recommend actions for ZARA. Please make clear assumptions when necessary. After reading and analyzing the Zara case we came several conclusions when it comes to Zara’s competitive advantage over its competitors. We understood that Zara is using
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1. Introduction The Apparel Industry in Sri Lanka plays a key role in shaping the country’s economy which has being plagued by a thirty year old civil war. With peace restored the country is focusing all its attention on economic and development activities to rebuild the country. The Apparel industry accounts for 15.7% of total GDP of the country (Cbsl.gov‚ 2011). It is also one of the main export industries of the country‚ with an industry growth rate of 5.2%. The Sri Lankan Economy is heavily
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car‚ that he wondered “Why can’t we have this car in Goa?” The Maruti cars had well captured the automobile market in Goa‚ for that matter the Indian market. They had overthrown the reign and supremacy of Fiat (Premier) and Ambassador (Hindustan Motors). Features such as fuel economy and pricing were targeted by Maruti and they were quite successful. “The current fiscal year 1995-96 has been the most successful year for Maruti ever” says R. C. Bhargava‚ the then Managing Director and now the
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