Osborne Propellers Operation Management Essay

3238 words - 13 pages

Executive summaryThe objective of our client project is to develop an operations plan addressing a real life operations management challenge the company faces. We first provide a detailed background of the company and identified one of the company’s crucial problems related to operations management. We then use a collaborative approach to prepare the technology analysis and solutions for the company. The technology analysis includes Product Technology, Process Technology as well as Enterprise Resource Planning. In product technology, we suggest that the company should use only the highest quality casting components to operate with optimum efficiency and without noise or vibration. We also believe that the management team must utilize the website to create awareness and improve company’s reputation in discussion of electronic commerce. In addition, we highly recommend that the company should establish an integrated information system like ERP and utilize resources to upgrading the old machines if it is economically viable. Eventually, we briefly discussed the technology strategy and company’s financial situation with implementation of ERP.Although the company had failed to stay competitive, we believe that with the right combination of technologies, it ones again will become the leading company in the propeller manufacturing industry.BACKGROUNDOsborne Propellers is a local business that has been established in 1935 by Robert A. Osborne. Entrepreneurial spirit of the company’s CEO allowed this medium size venture to show good returns for the first twenty years in operation. By the early fifties, young and energetic Robert Osborne was able to establish positive reputation for the company in British Columbia as well as in Washington, Oregon and California. Robert Osborne came up with a mission statement for the business: "Osborne Propellers offers unsurpassed durability, quality and customer service in the production and repair of marine propellers for commercial, recreational and military vessels. Our in house propeller services cover the full spectrum of propeller repair and manufacturing capabilities from inspection and design through to delivery of finished products". This statement reflected reality for some time, but due to the particular aspects of the business that were not altered as the industry developed downfall of the business became imminent.Robert Osborne was on top of the game, he was able to manufacture propellers effectively and efficiently during 1950's and 1960's. During this time business grew from four employees to twelve full time workers. New management, marketing and accounting staff was hired and consisted of five sales representatives, accountant, two marketing employees, three managers and the CEO. As the organization expanded propeller production significantly increased from six propellers to over eighteen propellers a week. Furthermore, Osborne propellers had achieved greater market share in the...

Find Another Essay On Osborne Propellers Operation Management

Management or Control? The use of Performance Measurement in the Public Sector

3516 words - 14 pages government case study performance measurement is placed in a broader political and organisational context.Managerialism, Consumerism and Performance MeasurementThe management of public services in the UK has undergone a period of major change, which can be traced back to the Conservative Government of 1979 who held the view that the sector had too large a share of gross domestic product was inefficient in its operation and was not properly

Wind Power:The Viable Fossil Fuel Alternative

2698 words - 11 pages towers in the initial cost of capital, only 30% operation and management costs. As a result, once the initial investment is made, power generation will be cheaper than receiving power from other utilizes and the cost of invest will be repaid in money saved in a matter of years. Furthermore, as long as wind power because increasing used, wind technologies will being to experience economies of scale. It is predicted that once towers became mass

Workforce Diversity

1498 words - 6 pages for. One company was a Chinese owned operation and a majority of the management team was Chinese. The cultural differences included the treatment of women, there the management team did not have much respect for a woman and this impeded my job considerably, my job was to find product that had past the date of being sent out and needed to the technicians on the floor to get it to me within an hour. When I would take a trouble order to the floor

The Special Successful Pattern of Urban Outfitters

4860 words - 19 pages fun equipments.3.4 The importance of controlAdam Osborne had had immense success when he introduced his Osborne computer-one in the personal computer industry, but his business became a financial disaster. He went bankrupt because of the intense competition, and Osborne could not come up with newer, better management for the company. Therefore, we can see that managerial efficiency is essential. A company may produce a good or service which can

Australian Industry and Manufacturing : The Collins Class Submarine Program

2163 words - 9 pages criticism. The program has experienced various project management issues that ultimately lead to increased costs and time delays. This report will address these issues along with traditional Key Performance Indicators (KPIs) and non-traditional KPIs and their interrelationships. 1.0 Introduction The Collins Class is a class of six Australian-built diesel-electric submarines operated by the Royal Australian Navy (RAN). The Collins Class Submarines

innovation and technology management critical review of the third wave Digitalization by Ryan Avent - masters degree - assignment

2484 words - 10 pages B0162SZTSZT0415 1 INNOVATION AND TECHNOLOGY MANAGEMENT Critical review of “THE 3RD WAVE ‘DIGITALIZATION” (BY RYAN AVENT) FEBRUARY 2017 ARASH DASTJERDI B0162SZTSZT0415 2 Executive summary This paper is an attempt to critically evaluate the third wave of industrialization illustrated in the article written by Ryan AVENT. Author argued that the technology and digitalization will take simple job which previously done by humans. however, the scholar

Managing Finacial Resources Assignment. - HND - Essay

4820 words - 20 pages 2012.pdf (Accessed October through to December 2013) Caldwell B., The new outsourcing partnership, Information Week, 24 June, pp. 50-60. Coombs, H. M., and Jenkins, D. E., 2001. Public sector financial management. United Kingdom, Thompson Learning. Cox, D., and Fardon, M., 2007. Management of finance: a guide to business finance for non-specialist. 3rd Edition United Kingdom: Osborne Books Dury, C., 2004. Management cost and accounting. 6th

Marketing Plan - Toy Star Pub

6666 words - 27 pages marketing valuable experience. Dragon began his career with Sales Executive in PCCW and later became a Sales Manager in RS Components Ltd. He has very rich of sales and marketing knowledge for starting a new business. Mr. Cheung holds a Bachelor of Commerce degree.Pub Supervisor & Finance Manager, Anthony Chan brings to the pub over 8 years financial and administration management experience and over 10 years of restaurant operation experience

The Data Protection Act 1998 and the Freedom of Information Act 2000

6951 words - 28 pages “data spine” will be huge. The department of health says it will eliminate the problems of lost or missing records. Some patients do not want records stored electronically even on the existing systems. The option will not be open when the new Integrated Care Record System comes into operation. It could lead to growing abuse and it is unethical for so many people to have access to this information. Rights of access are individual rights and

Theories and Models of Leadership for Catholic Schools - ED6320

6060 words - 25 pages for the vigor and intentionality of Catholic schools. Compliance issues encompass the entire scope of school life and activity. The ever-expanding list of management and administrative aspects required by government and Catholic sector authorities include curriculum, financial viability and management, enrolment and attendance, workplace health and safety, physical environment, staff and management, teacher registration, student learning

CSR with Focus on the Employee Perspective

8553 words - 34 pages been on theagenda of public policy for centuries. However, over the last ten years therelationship between companies and society has been especially highlighted andthere has been concerns for an increased transparency and accountability forbusinesses. This is due to, among other things, increased globalisation, andgreater concern for environmental issues, human rights and employment issues(Osborne, 2002). These issue of CSR has also been

Similar Essays

Delta Air Lines Airport & Airspace Capacity Case Study

944 words - 4 pages officials are working to reach an agreement on the long-term solution to benefit the airline and the economy. Virgin Atlantic’s Heathrow airport reached full capacity in 2010 (Osborne, 2013). During 2009, stacking delay’s cause by holding at Heathrow Airport accounted for an estimated GBP 60 million with the average hold time of 7.6minutes ("SESAR SWIM Success," 2013). In order to tackle the airspace problem, the European Commission’s response was

The Basic Of Computer Hardware Essay

943 words - 4 pages Introduction The word ‘computer’ nowadays is very famous among all of us. Almost each and every one of us owned their own personal computer. In fact, a portable personal computer or also known as laptop was introduced the world by Adam Osborne in1981. Most people prefer to use laptop because it is so easy to carry anywhere you go. As the laptop getting famous throughout the years, they try to make it as convenient as they can. Like example

How To Establish A Risk Management Process For An Information System?

1658 words - 7 pages implemented risk response measures, and the identification of changes to organizational information systems and environments of operation due to the risk impact. Analyzes of monitoring results allow organizations to conserve awareness of the risk being experienced, highlight the necessity to review other phases in the risk management process (if response measures do not produce the desired effect with regard to reducing risk), and enact process upgrading

How Has Lean Manufacturing Influenced The Service Industries?

2306 words - 10 pages ., Thomas, S., Schmidt, N. and Others. 2010. Applying the Lean principles of the Toyota Production System to reduce wait times in the emergency department. Cjem, 12 (1), pp. 50--57. Radnor, Z. and Osborne, S. P. 2013. Lean: a failed theory for public services?. Public Management Review, 15 (2), pp. 265--287. Shah, R. and Ward, P. T. 2003. Lean manufacturing: context, practice bundles, and performance. Journal of Operations Management, 21 (2), pp