Assignment (Prof. Kripa Shanker) Books on decision making or operation research The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt‚ Jeff Cox and David Whitford (Jun 2012) Operations Management (Operations and Decision Sciences) by William Stevenson Project Management wMSProject2007 CD and Student CD by Erik Larson and Clifford Gray Statistical Techniques in Business and Economics (Mcgraw-Hill/Irwin Series Operations and Decision Sciences) by Douglas Lind‚ William Marchal
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The Goal: A Process of Ongoing Improvement Introduction When reading the first lines of "The Goal"‚ I wondered if it would capture my attention. After all‚ how can a book which discusses the intricacies of a processing plant benefit me and add to my understanding of being an effective leader? It turns out that the book lured me and brought me into a world of understanding and optimism in regards to leadership in general‚ whether it ’s taking control of my professional or personal life. Question
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Deming 14 points 1. Create constancy of purpose towards improvement (Volkswagen – brings loyalty to the brand‚ brings consumer satisfaction – consistent trust that Beatle will be here forever‚ not changing the design‚ people can expect the same design of the brand) 2. Adopt the new philosophy. (Kaizen – continue is never ending. Agree that bring everyday a new thing to your job‚ constant improvement) 3. Cease dependence on inspection. (Make it right‚ do not depend on inspection. Companies
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| THE KAIZEN IMPLEMENTATION IN ETHIOPIAINTRODUCTIONAs the World Bank currently stated‚ Ethiopia has enjoyed a high Gross Domestic Product (GDP) growth rate of more than 10 percent on average in recent years. Although‚ Ethiopia is this economic growth‚ its industrial development is still at a nascent stage and has a very narrow base. If we look at each sector growth‚ there has only been around a 10 percent share of GDP in the secondary industry; particularly the ratio of manufacturing to over all
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Jennifer Purifoy April 30‚ 2001 Page 1 of 3 Executive Summary for The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt The heart of this story is based around the life of Alex Rogo‚ Plant Manager for Uniware a division of Unico. After a very upset customer approaches Alex’s boss‚ Bill Peach‚ he is given an ultimatum to turn the plant around in three months. Due to the limited amount of time available‚ there are not many outside tools available such as consultants‚ surveys‚
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A Continuous Improvement process is an incremental and ongoing approach to improve products‚ processes or services. These efforts generally seek to achieve incremental improvement over time or try to achieve breakthough improvement as an immediate result. Delivery processes are constantly evaluated and improved to increase their efficiency and effectiveness. W.Edwards Deming‚ a poineer in the field of quality saw it as part of the system whereby feedback from the customer is taken and evaluated against
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CASE STUDY TOYOTA’S KAIZEN EXPERIENCE “Human beings think our way is the best‚ but at Toyota‚ we are told we have to always change. We believe there is no perfect way‚ so we continue to search. The goal is to break the current condition through Kaizen.” - Shoichiro Toyoda‚ Chairman‚ Toyota Motor Corporation‚ in December 2000. TOYOTA REINVENTS THE NEED FOR KAIZEN In the early 1990s‚ the Japanese automobile major‚ Toyota Motor Corporation (Toyota) was facing acute labour shortage. The
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Juran’s Principles 1. Build awareness of the need for quality and an opportunity for improvement 2. Set goals for improvement 3. Organize to achieve goals 4. Provide training 5. Carry out projects to solve problems 6. Report progress 7. Give recognition 8. Communicate results 9. Keep score 10. Maintain momentum Dr W. Edwards Deming’s Principles 1. Create constancy for the purpose of improvement of product and service. Allocate resources to provide for long-term needs with a view to
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2.0 KAIZEN COSTING 2.1 What is Kaizen costing? Kaizen is a Japanese term that means continuous improvement. Kaizen events can be defined as making improvements through a process that emphasize small incremental amounts rather than large or radical improvement. Therefore in order to achieve this kaizen costing not include only continuous cost reduction but also continuous improvement of performance by increase the efficiency throughout the process. 2.2 Why we need Kaizen costing? Market prices
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KAIZEN IN FASHION INDUSTRY [pic] -Different isn’t always better…but better is always different Kaizen plays an important role in any business industry. Be it any business the customer pays only for the value adding process. Therefore any other processing step which does not add value to the final product is an additional cost and must be eliminated. You may be following the latest
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