AO8 – Evaluate why it is important for an organisation to strive for continuous improvement across its operation “Continuous Improvement is an ongoing effort to improve products‚ services‚ or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once.[1] Delivery (customer valued) processes are constantly evaluated and improved in the light of their efficiency‚ effectiveness and flexibility.” * {Sourced - http://en.wikipedia.org/wiki/Continuous_Improvement_Process
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About Tata Steel Tata Steel was established in 1907 by JN Tata at Jamshedpur in Bihar‚ India. The company commenced production in 1911. In the early 1980’s‚ the company initiated a modernization program for its steel plants. By the mid 1990’s‚ Tata Steel was Asia’s first and India’s largest integrated steel producer in private sector. In 2003‚ Tata Steel declared a turnover of Rs 98.44 billion with a profit after tax of Rs 10.12 billion. Q1. Discuss the reasons for aggressive branding and marketing
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Table of Contents Issue #1 Percentage use of Production Capacity Nucor steel has the largest production capacity capability in North America. However‚ they have some deficiencies in this area in that in 2010 they utilized just 70 percent of capacity‚ though it increased in 2011 it was still just 74 percent. Gaining greater production efficiency will reduce costs and in turn increase the profitability of the company. Issue #2 Rising Scrap Metal Prices Nucor maintains its competitive
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How do concrete and steel compare in the construction of large commercial buildings? Office buildings‚ Hotels‚ Sports Complexes‚ and other buildings have the purpose of bringing people inside. The goal is to keep occupants comfortable and safe‚ while keeping the cost associated withe the construction and maintenance of the building low. Both materials have advantages and disadvantages. However‚ when it comes right to it‚ the differences between the tow materials balance themselves out . There is
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pros and cons of weathering steel:: "Weathering" means that due to their chemical compositions‚ these steels exhibit increased resistance to atmospheric corrosion compared to unalloyed steels. This is because the steel forms a protective layer on its surface under the influence of the weather. The corrosion-retarding effect of the protective layer is produced by the particular distribution and concentration of alloying elements in it. The layer protecting the surface develops and regenerates
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Press clippings Indian steel industry plays a significant role in the country’s economic growth. The major contribution directs the attention that steel is having a stronghold in the traditional sectors‚ such as infrastructure & constructions‚ automobile‚ transportation‚ industrial applications etc. Moreover‚ steel variant stainless steel is finding innovative applications due to its corrosion resistive property. India is the fifth largest steel producer at the global front and struggling to become
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PROJECT ON PUBLIC ECONOMICS STEEL AUTHORITY OF INDIA LIMITED SUBMITTED BY: THOMAS PAUL ALENCHERRY INTRODUCTION Steel Authority of India Limited (SAIL)is one of the largest state-owned steel-making company based in New Delhi‚ India and one of the top steel makers in World. With a turnover of 486.81 billion (US$7.4 billion)‚ the company is among the top five highest profit earning corporate of the country . It is a public sector undertaking which trades publicly in the market is largely
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advantage of Tata Steel in the Indian Steel Industry. Submitted by:- Himanshu Singh‚ G12024 Paul Jacob‚ G12034 Aninda Goswamy‚ G12008 Objective: This study has multiple goals:- 1. To find out if Tata Steel does enjoy a competitive advantage vis-à-vis other players in the Steel industry in India. 2. To ascertain the source of this competitive advantage. 3. Find out if this competitive advantage is sustainable. Industry Overview India today is one of the topmost producers of steel in the world
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Stainless Steel Comparison 302 AISI 302 is the most basic type of steel in the chromium-nickel group. It is an austenitic steel‚ which is used for chemical resistance and hardenable by cold work. It contains 18% chromium and 8% nickel. It has corrosion resistance to mild-atmospheric and fresh water‚ industrial atmospheric‚ marine atmospheric‚ mild chemical and oxidizing chemical environments. Type 302 is also highly resistant to gasoline. 303 AISI 303 is an austenitic steel in the chromium-nickel
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RESOURCES FOR MATERIALS Why Are Steel Buildings Popular? There are actually a lot of companies that are certainly relying into steel buildings and what its aesthetics. It is a must for you to really understand that when you are looking at what a steel building is‚ then you will be able to notice that it is actually one that is as simple as a carport or that it can be a complex one that is like a multi story building. It would be great to really understand that these steel buildings are really ornately
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