1.0 EXECUTIVE SUMMARY Every organization needs inventory for smooth running of its activities. It serves as a link between production and distribution processes. The investment in inventories constitutes the most significant part of current assets/working capital in most of the undertakings. Thus‚ it is very essential to have proper control and management of inventories. The purpose of inventory management is to ensure availability of materials in sufficient quantity as and when required and also
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Table of Contents 1. INTRODUCTION 1 1.1. What is Value Stream Mapping (VSM) 1 1.2. When to use Value Stream Maps 2 2. VSM CHARACTERISTIC 4 2.1. VSM Line Conventions 4 2.2. VSM Symbol And Definition 6 2.2.1. VSM Process Icons 6 2.2.2. VSM Material Icons 7 2.2.3. VSM Information Icons 8 2.2.4. VSM Miscellaneous Icons 9 3. IMPLEMENTATION OF VALUE STREAM MAPPING 10 3.1 Objective of Using Value Stream Mapping 10 3.2 Designing Flow of Value Stream Mapping 11 3
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Lean: A key success factor in automobile industry Abstract The concept of Lean Manufacturing is well known and is being applied widely in industry. As industry moves forward in deploying lean concepts‚ it is important to recognize the potential benefit for attacking waste in above-the-shop-floor processes. While the benefits are significant in production‚ this typically constitutes less than 30 percent of the total cost of a product. Furthermore‚ the distributed‚ collaborative nature of manufacturing
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Production systems What is a production system? An apparel production system is an integration of material handling production process‚ personnel and the equipment that directs work flow and generates finished products. Different types of production systems are • Progressive bundle system • Unit production system • Modular production system Each system requires an appropriate management philosophy‚ materials handling methods‚ floor layout
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Projects‚ HR)‚ Supply Chain Management has been busy with enhancements in the R12.2 release. Because Order Management has a lot of changes‚ I’m dividing my discussion into two posts. This first post will cover the changes to Advance Pricing‚ Electronic Kanban (new product)‚ Inventory‚ Sales Contracts‚ and Service Contracts. In a later post I will talk about the changes in Order Management. In addition to the R12.2 changes‚ Oracle integrated the Supply Chain Management modules into its E-Commerce Product
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Chips/Extras Protein filling (Meat) YES Place Meat NO Place chosen type of Rice & Vegetables C)KANBAN u Chipotle is based on the KANBAN concept POSSIBLE KANBANs TO IMPROVE EFFICIENCY ITEM RECOMMENDATION BURRITO STEAMER USE 2 STEAMERS MEAT 2 CONTAINERS VEGETABLES 2 CONTAINERS D)JIT u TORTILLA v JIT can be implemented for tortillas. v Using one card Kanban zero
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system is essentially based on two pillars: innovation in the management of labor in the workshops and internal control mechanisms of the company. In relation to the new work management system based on the procedure called "just-in-time" in the use of "kanban" and the principle of organizing the work agreed standards and flexible timeshares. Just-in-Time — Philosophy of complete elimination of waste Just in time method is a system of organization of production for factories‚ of Japanese origin. Also
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being pro-active in exposing problems‚ pull production based in Kanban‚ Total Quality Management‚ elimination of waste‚ reducing inventory through involving suppliers in planning process‚ continuous improvement‚ improving machinery and focusing on co-operation. According to Kanban each part travels with a card. New stock will only be required when that part has been used‚ the card is removed‚ using signals to re-stock this part. Kanban is well integrated in Toyota’s production system‚ because in Toyota
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Bus 675 Final Exam (individual work only and remember to always answer all parts of the question; in some cases you have up to 3 parts in 1 questions). Keep your answers short‚ max one paragraph per question. 1. What is Operation‚ what is Supply Chain; relate this to a product or service and provide some examples? Operations is the manufacturing and service processes that are used to transform the resources employed by a firm into products/services desired by the customer. Manufacturing takes
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Differences between Process Maps and Value Stream Maps Value Stream Maps Include: 1. Value Add and Non-value Add of steps/activities 2. The Information flow along with the process flow to make the product 3. More information/data on the processes 4. Closed Circuit from the Customer back to the Customer 5. No Takt Time taken into account in process maps [pic] Value Stream Maps Information Flow goes from right to left while the process/material flow goes from left
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