Group Report About Manufacturing Strategy In Supply Chain

4190 words - 17 pages

Content3Introduction 3Manufacturing systems 4Manufacturing strategies 4Make to Stock (MTS) Strategy 5Lean and Agile manufacturing. 6Which strategy for which environment? 7Leagile 7Postponement 8Future Supply Chain - Manufacturing strategies 8Mass Customization 8Flexibility Manufacturing Systems 8Rapid Manufacturing Systems (RM) 8Summary of Manufacturing Strategies: 9Conclusion 11Appendix 1 11Summary table of Major manufacturing systems 12Appendix 2 12Developing Manufacturing strategies 13Appendix 3 13Summary of manufacturing Strategies 14Appendix 4 14Make to Stock flow chart 15Appendix 5 15The 7 muda 16Appendix 6 16Implementing the TPS by Professor Y. Monden 17Appendix 7 17Comparison of Supply Chain Characteristics 18Appendix 8 18The Generic Supply Chain strategies 19Appendix 9 19The de-coupling point 19Appendix 10 19Postponement Framework 20Appendix 20Postponement Classification 21Appendix 21Future Supply Chain 21Appendix 21Different Leagile SC strategies based on postponement 22References IntroductionAs is well-known, every activity that companies do is to accomplish their business objectives or goals which are always associated with cost reduction and profit maximization. There is no difference for manufacturing where it has been defined as "the making of products from raw materials using various processes, equipment, operations and manpower according to a detailed plan that is cost-effective and generates income through sales"(Scallan, 2003). Therefore, how to develop a successful manufacturing strategy to achieve cost-effectiveness and profitability is crucial; and it also becomes the objective of this report. By reviewing and analysing numerous literatures, this report will discuss some important characteristics of the major manufacturing systems; it will also demonstrate the applications of the commonly used manufacturing strategies as well as the newly born ones; and then it will explain how these strategies can be interpreted from the lean and agile perspectives; finally conclusion and further recommendations will be made based on above discussions.Manufacturing systemsThe manufacturing system or Product-Flow is defined as "an integrated combination of processes, machine systems, people, organizational structures, information flows, control systems and computers whose purpose is to achieve economic product manufacture and internationally competitive performance" (Lucas Engineering and Systems, 1992). In other words, it is the system in which raw materials are processed and value added when becoming products (Scallan, 2003). The major manufacturing systems include:Project: The manufacture/construction of large one-off products over a lengthy period of time with very low production rates.Jobbing shop: One-off or small quantity manufacture of products made or engineered to order employing a single operator or a group of operators.Batch: Involves the manufacture of products from 5 to 1000 units to order or sometimes any quantity in...

Find Another Essay On Group report about manufacturing strategy in supply chain

Ford Motor Company Supply Chain Strategy

1380 words - 6 pages Ford Motor Company Supply Chain Strategy Background In 1913, Henry Ford revolutionized product manufacturing by introducing the first assembly line to the automotive industry. Ford’s hallmark of achievement proved to be a key competence for the motor company as the low cost of the Model T attracted a broader, new range of prospective car-owners. However, after many decades of success, customers have become harder to find. Due to

Ford motor company: supply chain strategy

734 words - 3 pages HistorySince the Ford Motor Company's incorporation by Henry Ford in 1903, its strategic focus has remained on automobile design and manufacturing. Up until 1970, competition was from the two other manufacturers making up the Big Three Automakers; General Motors and Chrysler. However, starting in the 1970's, foreign competition, mostly from Toyota and Honda, eventually lead to overcapacity within the industry. As more and more developing and

Ford Motor Company: Supply Chain Strategy Analysis from HBS Case

1333 words - 5 pages the support of dealers who are sharing the cost savings with GMreferencesAustin, Robert D. 1999. Ford Motor Company : Supply Chain Strategy. In Huff Wade Schneberger. New York: McGraw-Hill.Joan Magretta. The Power of Virtual Integration: An Interview With Dell Computer's Michael Dell. Harvard Business Review, March - April 1998, pp. 73 - 84.Covisint web site, < http://www.covisint.com/about/history > [Accessed: November 2nd, 2002]Ibid.US News.com web site, < http://www.usnews.com/usnews/biztech/articles/020401/1industry.b1.htm > [Accessed November 2nd, 2002]

American Seafood supply chain management report - INTO - Assigment

1301 words - 6 pages industry with the primary objective of achieving maximum growth of the company in the days to come. Supply chain management: American Seafood group uses a vertical integration in their supply chain management, which means the organization operates more stages of production. This gives the organization an opportunity to provide the highest level of quality as they have full control over production and distribution of their product. The vertical

Global operations and supply chain management report - Murray Goulburn - University of Technology, Sydney - Research papers

2090 words - 9 pages supply chain integration as analysed through the company of Murray Goulburn. The basic theory of integration refers to the mutual benefits of all parties within that supply chain. In the case of Murray Goulburn, the main parties of the supply chain include its producers, Murray Goulburn, its logistics and distribution arms, retail customers, food service customers and international export customers. As outlined further in this report, Murray

Case Study - Mama Products (customer service strategy, relationship between internal customers and supply chain management, JIT and TQM)

3927 words - 16 pages 1. IntroductionThe purpose of this project is to analyze and evaluate the operations of Mama Products distribution company in respect to several factors: the role of internal customer in the development of effective value supply chain management, customer service strategy, and on the recommendations regarding the possible implementation of JIT and TQM concepts into the company's operation.Throughout the project and the discussion regarding

Strategy in Global Manufacturing

2270 words - 9 pages they're seriously thinking about [reshoring] .” According to the Wall Street Journal, the increase in labor cost was made by the government to boost the domestic consumption and economy without relying too much on export . However, with the increase in wages, those countries are losing its competitiveness in the manufacturing industry. Multinational companies, especially from the United States, realized that the strategy of producing goods by

Buyer power in supply chain

3197 words - 13 pages Supply Chain StrategyAbstractThe report discusses the buyer power and its impact in the supply chain. At the national level, retailer power is seen to be of concern and the subject of inquiries by competition authorities. The retail concentration can be socially beneficial where it results in buyer power that can be used to counter market power of manufactures. Contrarily, some observers argued that buyer power may ultimately damage the supply

Supply Chain Management in Seafood

2172 words - 9 pages Management (SCM), in particular in the links of packaging, transport and distribution which are vulnerable to damage. SCM is the collaborative effort of numerous channel members to design, implement, and manage seamless value-added process to create value for end customer. This report reviewed the various changes in the seafood market in the last 10 to 20 years and discussed the impact of supply chain management in seafood industry. The key

RFID in Supply Chain Management

1624 words - 7 pages Radio Frequency Identity Tags (RFID) can greatly improve a company’s performance. RFID can be used as a tool for optimizing business processes and improve the efficiency of operations. It is used in a wide variety of areas. Here, in this report we will explore the possibility of RFID in supply chain management. It may improve the potential benefits of supply chain management through increase of the four factors: efficiency, accuracy, visibility

Relationships in supply chain management

1726 words - 7 pages increasingly shared between interdependent firms that rely on each other as customer or suppliers in the supply chain to maximize value-added contributions and reduce the duplication of resources. Supply chain managers will be required to study their supply chains and search for opportunities to achieve competitive advantage through their choice of supply chain partners, determination of core competencies and influence of design, manufacturing

Similar Essays

Valley Manufacturing Company: Supply Chain Essay

933 words - 4 pages , which build the employees' commitment that can improve the organizational performance. The included human resource initiatives in the organization build the company more originative and advanced, which directly improve quality of the product. Efficient human resource in the supply chain or organization also assists Valley Manufacturing Company to cut down the lead time and unnecessary cost that takes place in the product distribution to the end

Report On Supply Chain

3413 words - 14 pages Operations and SCMOfMexican Drug CartelBA- 662 Operations and Supply Chain ManagementByRishika DarumagariMugilian KopperumanChris MustainMonali MishraIntroductionIn 2012, Forbes named Joaquin El Chapo Guzman, CEO of the Sinaloa drug cartel, to its "World's Billionaires List." Taking into account the profits made in the deviant world, it symbolizes the huge profits that can accompany running a successful drug cartel.1To understand the illegal

Operations And Supply Chain Strategy Essay

2577 words - 11 pages (MLOM 700, Operations and Supply Chain Strategy) Individual Assignment Table of Contents Introduction 2 Review of Literature 2 Risk in General. 3 Supply Chain Risk Management (SCRM)................................................................................4 Various Theories/Models in Supply Chain Risk Management..................................................5 Summary and Conclusions: 11 Referances 12

Case Study: Michelin's Supply Chain Strategy

3121 words - 12 pages ----Global Logistics & Supply Chain Management---- Case Study: Michelin's supply chain strategy----- Case Study:Michelin's supply chain strategy Submitted From : Duncan ho ContentIntroduction p.3Q1. The manufacturing strategies adopted by Michelin in order to gain competitive advantage in global market.P.4Q.2 Evaluate Michelin's global supply chain management strategy (GSCM), any issues they need to coping with and provide