WAUSAU EQUIPMENT COMPANY: A LEAN JOURNEY (A) History and Business Background Ashford Elevator Company was founded in 1946 in a small midwestern town. Its first products were grain elevators‚ sold to local co-ops and farms. Started as a small shop with five workers‚ the company‚ which quickly grew to include 50 employees‚ began engineering‚ manufacturing‚ and servicing a variety of machinery and equipment for the agribusiness industry. The company changed its name to Wausau Equipment Company (WECO)
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guide Dr. Shanthi Venkatesh for her timely response and all the guidance which helped me to complete this project. I would like to thank to my external guide Mr. Umesh Mathur (Regional Auditor at Samsung) who helped me to understand about the SAMSUNG Products as well as project work was concerned. I dedicate this project to the Dealer’s of Pune who were extremely kind and helpful to me to complete this project‚ without their co-operation it would not be possible to research a few places‚ which I did‚
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Meeting Room Equipment Checklist Equipment and that may be required for the meeting room: * Overhead projector * Slide projector * Film projector * Projection stands * Remote control for projectors * Screens * Video equipment: VHS‚ DVD‚ teleconferencing * Microphones * Radio * Computer * Mouse * Auxiliary equipment: laser pointers‚ flip charts‚ slide trays * Lighting * Loudspeakers Many meetings are relatively informal‚ held in
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Smart Products and Services A smart products is an electronic device‚ generally connected to other devices or networks via different protocols such as Bluetooth‚ NFC‚ WiFi‚ 3G‚ etc.‚ that can operate to some extent interactively and autonomously. It is widely believed that these types of devices will outnumber any other forms of smart computing and communication in a very short time‚ in part‚ acting as a useful enabler for the internet things. Uses of Smart Services Minimize maintenance and repair
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Product management • Product (or service) management includes a wide range of management activities‚ ranging from – the time that there’s a new idea for a product – to eventually providing ongoing support to customers who have purchased the new product. Product strategy Product management and its role in company management Lecture 1 • Every organization conducts product management‚ whether it’s done intentionally or unintentionally. Product related decision proces as content of scientific
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customer visits and market orientation assessments. At the product level This is done by analyzing how a product/service should be adapted to the market. The value proposition of the product is decide and stated through positioning as to what benefits it provides to the customer. The product hierarchy also helps to position the product with respect to competition. At the executional level Done through integration of the 4 P’s – product‚ price‚ promotion and place. This requires consumer research
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I. INTRODUCTION I. PROBLEM STATEMENT Dan Barnes‚ financial manager of Ski Equipment Inc. (SKI) is anxious that the Company’s founder recently sold his 51% controlling block of stock to Kent Koren‚ who is a big fan of EVA (Economic Value Added). Koren rewards managers handsomely if they create value‚ but those whose operations produce negative EVAs are soon looking for work. Koren frequently points out that if a company can generate its current level of sales with fewer assets‚ it would need
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Progression: Performing a peck fly with the arms straight places more emphasis on the upper chest Lat Pull Down Machine This movement is similar to a chin-up. While many believe that chin-ups are superior compared to the lat pull down‚ they have one major restriction. The user has to be able to lift their bodyweight. Many people
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Elektra Products used to be the leading manufacturer and retailer of electrical products and supplies. The company experienced a cloud of problems: market share was declining and product ideas were limited. Departments didn’t communicate with one another‚ morale was very low and many employees were keenly seeking other jobs. As market share is declining‚ this means that the company isn’t making sufficient profit and revenue. To improve‚ the company could make a survey to see what their customers
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Asia/Pacific demand China has shown strong growth in mining equipment demand‚ a direct result of investment in its local mining industry. For example‚ coal output nearly doubled from 2001 to 2006‚ reflecting the nation’s intense need for energy. China is also a major source of commodities such as iron ore and bauxite. Other major Asian markets for mining equipment include Australia and India. Like China‚ India has experienced a major growth in coal output. Australia is a leading producer of bauxite
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