15.769 Manufacturing Strategy Spring 2001 Second revision of syllabus Prof. Don Rosenfield: E40-419‚ 253-1064‚ e-mail: donrose@mit.edu Teaching Assistant: Melissa Falkowski‚ Office TBD‚ mfalkow@mit.edu Manufacturing strategy examines strategy for manufacturing and operations within the firm. The course will examine how manufacturing and operations can be used as competitive weapons. Traditionally‚ these areas have been viewed as narrow‚ functional areas‚ and management of them
Premium Strategic management Management Case study
TAKT Time (Group 5) Brief Summary: LEAN manufacturing is a global electronics manufacturing services (EMS) provider located in Flextronics de Mexico (FdM). The company is focused on efficiency and optimization of manufacturing flow. The EMS is a tough business that is driven by thin profit margins. EMS manufacturers rely on leveraging huge economies of scale and purchasing power. These companies focus on return on invested capital (ROIC) as a key metric because it provides a sense of how well a company
Premium Conveyor belt Assembly line Production line
Goal 7: Ensure Environmental Sustainability The Millennium Declaration was adopted by the United Nations General Assembly on September 8‚ 2000. It set eight Millennium Development Goals (MDGs) to outline the global agenda to “reaffirm the universal values and principles of freedom‚ equality‚ solidarity‚ tolerance‚ respect for nature and the UN’s commitment to promoting peace‚ security‚ disarmament‚ human rights‚ democracy and good governance” (United Nation in India‚ 2011). Each goal has been
Premium Millennium Development Goals United Nations
IWAY right way? IKEA is to furniture what Wal-Mart is to food: a supermarket whose strategy is primarily based on low prices. As a group project‚ I worked on Wal-Mart and was astounded by the negative image associated with the company. IKEA seems to stand at the other end of the spectrum in people’s mind. Newsweek once released an article nicknaming the Swedish Company‚ the "Teflon multinational‚" one to which social criticism does not stick. Does IKEA deserve its positive aura? How to explain
Premium Non-profit organization Corporation Human rights
processes and methods employed to transform tangible inputs (raw materials‚ semifinished goods‚ or subassemblies) and intangible inputs (ideas‚ information‚ knowledge) into goods or services(Business Dictionary‚2011).Production includes agriculture‚ manufacturing‚ mining and quarrying‚ etc AGRICULTURE: Agriculture (also called farming or husbandry) is the cultivation of animals‚ plants‚ fungi and other life forms for food‚ fiber‚ and other products used to sustain life. Agricultural plays a crucial role
Premium Agriculture
toward sustainability in the global economy because I hope my company can use the resources more efficiently to be competitive in the long term. I would like to learn the process of implementing a sustainability project in my organization from the beginning to the end and how I can promote the concept of sustainability in other organizations‚ so my goal in this class can involve the following aspects: 1. Why does sustainability matter? Why is it important to us? How does sustainability relate
Premium Economics Sustainability Term
The fashion industry poses a serious threat to the environment. A higher level of sustainability in material production is the key solution. Discuss. In recent years‚ more and more people pay much attention to fashion as they consider that wearing trendy clothes can help them be equipped with a greater fascination. However‚ with the rapid increase of the fashion production‚ a wide range of industrial materials and wastes which are strongly detrimental to the environment are producing every day
Premium Sustainability Natural environment Ecology
Wal-Mart’s Sustainability Strategy (textiles) Wal-Mart is the largest US retailer. Company’s decision to implement the business sustainability strategy to become “the most competitive and innovative company in the wolrd” should have a huge impact; since not only the company will become sustainable‚ but 60‚000+ suppliers would b forced to implement sustainability. Wal-Mart is deriving business value from this not from generating news sales and creating profit‚ but by improving brand image and creating
Premium Cotton Sustainability
Eagle Manufacturing Company Major Facts The major facts surrounding the Eagle Manufacturing case are varied‚ at best. We know the “estimate” for the maintenance department robot came in well under the proposed price. We also know that‚ for the time being‚ productivity is affected due to various budgetary and operational concerns. Finally‚ we know that the communication levels and productive aspects of each individual department are not well. Major Problems There are multiple major problems involving
Premium Supply chain management Procurement Management
societies. In order to clarify why humanity is slowly‚ since the middle of the 20th century‚ integrating the notions of sustainability to preserve and protect the natural environment‚ this essay will first discuss the fundamental principle that makes human and their environment interdependent: the unity of the living. Further‚ it will expose the prosperous future that sustainability represents as an alternative lifestyle and new model of development. Before all‚ we must recognize that humans interact
Premium Sustainability Natural environment Nature