Tag Archives: Manufacturing Company

Case Study Inventory Management System

Inventory Management System Manufacturing Company

A global manufacturing company was experiencing inefficiencies in in its inventory management processes. With suppliers across the world delivering parts for the company’s products, multiple buyers within the company are responsible for tracking the parts required for each product from the manufacturing phase through delivery. The company needed a way to keep a master list of all inventory with easy access to parts’ delivery statuses and other pertinent information relevant to the company. The firm engaged Aciron to develop a custom inventory management system focused on enhancing inventory management through powerful parts tracking, management, and reporting features.

case study inventory management system

Approach

Aciron initiated the project by holding extensive interviews with client personnel to understand the company’s needs and challenges. Aciron followed an agile, iterative, approach to application development, allowing the client to regularly review and make adjustments to the application, and to easily incorporate the clients’ evolving requirements. Throughout the project, Aciron focused on open communication, with regular status reports and meetings, consistently engaging key client personnel and ensuring project milestones were met on time and within budget. Click here to read Solution…

Comments

Filed under Inventory Management, Operations

A Case Study on Performance Evaluation and Design of Flexible Manufacturing System

A Case Study about Performance Evaluation and Design of Flexible Manufacturing System

Abstract: This case study reflects results of a detailed simulation study in order to design and analyze a Flexible Manufacturing System. This paper aims at the performance enhancement of manufacturing system in Indian industry. An ample amount of literature review has been done to apprehend various factors affecting the performance of a manufacturing system which includes conceptual study of the machine & resource utilization, reducing time span, reducing in process inventories and improving control etc. The manufacturing company under focus of our research is operating on a traditional manufacturing system. With the intensifying global competition demands increased productivity in order to fulfil market demands for which the company should change to FMS. The research undertakes analysis of manufacturing systems of the gear manufacturing unit and hence attempts to provide solution to its prolonging roblems.



Case Study on Performance Evaluation

Introduction: The manufacturing industry is the wealth of a country which showcases the prosperity of country. With the aggrandizing competition in global trade, these industries are facing dynamic environment. Such environment is characterized by the large amount of uncertainty caused due to rapid market changes, competitive prices and reduced product life cycles. All these factors have contributed to performance enhancement in automated industry. Traditional manufacturing systems lack the capability of meeting these requirements. These factors, thus, prompt the manufacturing industries to increase flexibility & productivity to stand in tough competition. The introduction of FMS (flexible manufacturing system) helps in improvises a manufacturing system. Flexible Manufacturing System (FMS) is a system which compiles production equipments actually coupled by a central sustainable system and logically structured under a host workstation.

Read more on Performance Evaluation and Design of Flexible Manufacturing System


Comments

Filed under Assorted

A Case Study in Indian Springs Manufacturing Company, Inc

Case Study about Indian Springs Manufacturing Company, Inc

Introduction: Indian Springs Manufacturing Company, Inc has a long history of helping businesses move forward through design and manufacturing. Based in Baldwinsville, NY, Indian Springs is a contract manufacturing company specializing in CNC machining and manufacturing. For more than 60 years, Indian Springs has provided precision, high-quality machined parts to a wide variety of customers throughout the Syracuse and central/western New York region.

Click here to read more on Indian Springs Manufacturing Company, Inc


Case Study on Indian Springs Manufacturing Company, Inc


Comments

Filed under LEAN Manufacturing, Operations

Case Study on Performance Evaluation and Design of Flexible Manufacturing System

Case Study about Performance Evaluation and Design of Flexible Manufacturing System

Abstract: This case study reflects results of a detailed simulation study in order to design and analyze a Flexible Manufacturing System. This paper aims at the performance enhancement of manufacturing system in Indian industry. An ample amount of literature review has been done to apprehend various factors affecting the performance of a manufacturing system which includes conceptual study of the machine & resource utilization, reducing time span, reducing in process inventories and improving control etc. The manufacturing company under focus of our research is operating on a traditional manufacturing system. With the intensifying global competition demands increased productivity in order to fulfil market demands for which the company should change to FMS.



Case Study on Performance Evaluation and Design of Flexible Manufacturing System

Preface: The manufacturing industry is the wealth of a country which showcases the prosperity of country. With the aggrandizing competition in global trade, these industries are facing dynamic environment. Such environment is characterized by the large amount of uncertainty caused due to rapid market changes, competitive prices and reduced product life cycles. All these factors have contributed to performance enhancement in automated industry. Traditional manufacturing systems lack the capability of meeting these requirements. These factors, thus, prompt the manufacturing industries to increase flexibility & productivity to stand in tough competition.

Click here to read more on Evaluation and Design of Flexible Manufacturing System


Comments

Filed under Technology

Case Study on Dempster Mill Manufacturing Company

Case Study about Dempster Mill Manufacturing Company

Introduction: The high point of 1962 from a performance standpoint was our present control situation –73% owned Dempster Mill. Dempster has been primarily in farm implements (mostly items retailing for $1,000 or under), water systems, water well supplies and jobbed plumbing lines. The operations for the past decade have been characterized by static sales, low inventory turnover and virtually no profits in relation to invested capital.



Case Study on Mill Manufacturing

When control of a company is obtained, obviously what then becomes all-important is the value of assets, not the market quotation for a piece of paper (stock certificate).Last year, our Dempster holding was valued by applying what I felt were appropriate discounts to the various assets. These valuations were based on their status as non-earning assets and were not assessed on the basis of potential, but on the basis of what I thought a prompt sale would produce at that date.

Click here to read more on Dempster Mill Manufacturing Company


Comments

Filed under Assorted, Industry Specific Cases, LEAN Manufacturing, Operations

Case Study on Standard Costing System At SKF: Swedish Manufacturing Company

Case Study about Standard Costing System At SKF: Swedish Manufacturing Company

Background: In recent years, numerous tools such as activity-based costing, the balanced scorecard and target costing have gained prominence in the business community. Nonetheless, traditional management accounting practices continue to be prevalent in practice .One example of traditional management accounting is standard costing, which has been used on a wide front during the last century. A standard is a stipulated norm, something set up and established by authority as a rule for the measure of quantity, weight, extent, value, or quality. Accordingly, standard costs stand for predetermined costs; they are target costs, which should be incurred under well-organized operating conditions.



Swedish Manufacturing Company


Research Issue and Objective: This study is limited to one company within one industry; it is a case study of the Swedish manufacturing company SKF, the world-leading producer of ball bearings. SKF uses a standard costing system, which is well established throughout the whole organization, and the standard cost information isavailable at every level of the company. Within the SKF Group comprehensive guidelines are issued centrally and should be followed. People responsible for the standard costing system at Group Finance have received signals indicating that the guidelines are not used as intended.

Click here to read more on Standard Costing System At SKF


Comments

Filed under Cost Accouting, Finance

A Case Study of Activity Based Costing: Xu Ji Electric Co. Ltd

A Case Study of Activity Based Costing: Xu Ji Electric Co. Ltd:
Executive summary: This project investigated the implementation of activity-based costing (ABC) at Xu Ji Electric Co. Ltd (Xu Ji), a large Chinese manufacturing company. Xu Ji is a state-owned enterprise (SOE), turned public limited company (PLC). The company piloted ABC implementation in one of its main production divisions in December 2001, when ABC concepts were at a theoretical level in China (Liu and Pan, 2007). Two more attempts to extend the use of ABC in one of its subsidiaries and sales functions took place in 2005 and 2008. Major events took place during the latter research endeavour, including two major acquisitions – first by a pension fund and later by the national grid and recent decision to implement an enterprise resource planning (ERP) system.



A Case Study of Activity Based Costing: Xu Ji Electric Co. Ltd


Key issues: The key issues underlying the research project are whether an ABC technique can be successfully implemented in a Chinese organisational setting and how ABC information can be used effectively to support Chinese management decision making. Many advanced management accounting techniques originated in developed economies – for example, ABC from the US and target costing/kaizen costing from Japan. These techniques have inevitable imprints of the cultures from which they originated. Therefore in order to obtain real benefits from these advanced management accounting techniques, one should take serious account of one’s own management ethos and organisational and national culture…
Keep reading on Activity Based Costing



Comments

Filed under Cost Accouting

Case Study on Development of Material Requirement Planning

This study was conducted at SMI companies which produced metal product. This company has a problem to determine when and how much the quantities of materials, components and parts ordered or to be schedule for production, and also maintaining their records on inventory. The study has developed a Material Requirement Planning (MRP) program based on Microsoft Access and Microsoft Excel.



Case Study on Development of Material Requirement Planning

This program function is to provide a plan for production in the company and also help the current inventory system more accurate and efficient. To develop the MRP systems, the project start with identifying and constructing product structure or Bill of Material (BOM), develop data base of inventory which content information for each part, component and finish product, then develop the exploding program. The latest will provide the management a production plan. The scope of this project was focus on four main products that produced at this manufacturing company..
Click here to read more on Development Of Material Requirement Planning..



Comments

Filed under Assorted, Industry Specific Cases, LEAN Manufacturing, Operations

A Case Study for Transitory Just In Time (JIT) at Proton Cars, Malaysia

Case Study for Transitory Just In Time (JIT) at Proton Cars This paper investigates the application and adaptability of just-in-time (JIT) in the largest Malaysian automobile manufacturing company. The main objective of this paper is to develop an understanding of a Malaysian version of JIT in its automobile industry and to examine the concept of JIT in a Malaysian manufacturing setting.



A Case Study for Transitory JIT at Proton Cars, Malaysia

This is especially interesting and important since Malaysia has not gone through the usual stages of a craft era followed by Fordism and post-Fordism. Although, some might argue that they have actually gone through these stages but over a very short time, thus giving scope to manufacturing management for a variety of approaches…
Click here to read more on Transitory JIT at Proton Cars..



Comments

Filed under Time management

Case study on Vaughan & Bushnell Manufacturing

Vaughan & Bushnell Manufacturing Company,
headquartered in Hebron, Illinois,
was founded in 1869 and today is the world’s
largest producer of quality hammers an
other related hand tools.

For info with regard on
case study on
Vaughan & Bushnell Manufacturing ,
sign in the web page directly.

Comments Off

Filed under Business, Business Environment, Business Ethics, Business Strategy, Marketing