how the integrated systems of processes‚ systems‚ resources and information works‚ I will be able to deal with new product development efficiently as well as be able to make timely and informed decisions. This is important towards building a lean manufacturing environment. Industrial and System Engineering also gives me to opportunity to practise in a variety of businesses. The knowledge and exposure that I will gain in industrial and system engineering not only enable me to contribute tremendously
Premium Engineering Supply chain management System
BACKGROUND OF TOYOTA Toyota Company was founded in 1933 as one of divisions of Toyoda Automatic Loom Works. Kiichiro Toyoda is the founder of the company. 1937. This Company is the largest car producer of the world in 2010. Toyota employed 300‚734 people worldwide‚ and was the largest automobile manufacturer in 2010 by production. Toyota is the eleventh largest company in the world by revenue. In July 2012 this company informed that it produced the 200 millionth cars. The Toyota Motor Corporation
Premium Toyota Toyota Production System Human resources
APICS acknowledges the Basics of Supply Chain Management Committee for its contributions in the development of this resource. Jim Caruso‚ CPIM‚ CSCP (chair) Carol Bulfer‚ CPIM James F. Cox‚ Ph.D.‚ CFPIM‚ CIRM‚ Jonah’s Jonah William Leedale‚ CFPIM‚ CIRM‚ CSCP Michael A. Roman‚ CPIM Angel A. Sosa‚ CFPIM ©2009 APICS The Association for Operations Management No part of this publication covered by the copyright herein may be reproduced or copied in any form or by any means without the written permission
Premium Management Inventory Supply chain management
JIELIANG PHONE HOME CASE STUDY PROBLEM STATEMENT Jieliang (DL) is a line worker at Precision Electro-Tech’s Dongguan‚ China manufacturing plant. During a plant walk through‚ Marty Cole (OEM – Global Team) witnessed Jieliang being publicly disciplined in front of her fellow line workers for not following Total Quality Control (TQC) procedures and using her own method. ANALYSIS Precision Electro-Tech is a large contract manufacturer (CM) that produces products (i.e.‚ cell phones) for another
Premium Assembly line Lean manufacturing Production line
Ever since I can remember‚ I have been fascinated by the way things work‚ from dismantling and maintaining my own bike to modeling a lift for apartments as a part of a science exhibition; my curiosity was directed at unraveling the functioning of devices. Egged on by my parents and teachers and my innate predilection for science and technology‚ a mechanical engineering degree was the logical career choice. My under graduate program was a judicious mix of theory and practice. Subjects like Operation
Premium Lean manufacturing Operations research Internal combustion engine
International‚ Inc. Institution: Embry-Riddle Aeronautical University Degree: Master of Science in Project Management Year: 2012 This paper introduces the reader to Honeywell International Inc. Honeywell is a world leader in the application of lean manufacturing and its Six Sigma Plus processes. With the use of carefully monitored cost standards‚ net present value in investment decisions‚ and the transparency of the company’s financial statements are all methods that Honeywell has successfully implemented
Premium Six Sigma Financial statements General Electric
fostered in‚ as well as highlight in areas in which the organization could stand to see improvement. In this vein‚ a full analysis of General Electric was conducted‚ which includes an overview of the company including background and position in the manufacturing industry‚ as well as insight into the company’s management structure. Additionally‚ the company’s financials will be examined so that a recommendation can be made. Overview of Company According to the company website (2014) General Electric’s
Premium General Electric Thomas Edison Lean manufacturing
How To Measure TQM Success ? By [ http://ezinearticles.com/?expert=Dr._LM_Foong ]Dr. LM Foong Implementing TQM is an initiative many organizations wanted to embark on. Assuming that you are a leader of this organization‚ a common question you probably asked would be: “How do I know whether my organization is successful in implementing TQM?” TQM implementation has been in my mind for a long time and I wondered how to measure the success of TQM implementation in an organization. If we take an
Premium Malcolm Baldrige National Quality Award Toyota Production System Lean manufacturing
on quality. Although lean thinking was developed by the motor industry it is equally applicable to sectors such as utilities‚ services and retail. The ’lean ’ concept is applicable to all types of purchasing organisation irrespective of size. La Tante Royal uses lean management approach to reduce cost‚ waste and maximize its asset in order to gain competitive advantage through delivering value at reasonable price. 2.0 Literature Review With a true just in time Lean operation‚ materials flow
Premium Lean manufacturing Supply chain management
B6016 - Managing Business Operations Louis Vuitton’s Challenges I. Company Overview a) LVMH (Louis Vuitton Moet Hennessy) LVMH is one of the most successful luxury goods conglomerate‚ headquartered in Paris‚ founded in 1987. Well-known luxury goods group‚ Christian Dior is the main holding company of LVMH‚ owning 43% of its share. The company holds about 60 subsidiaries world-wide and some are managed independently. The Group is active in five different sectors;
Premium LVMH Louis Vuitton Lean manufacturing