The Excellent Global Corporation Plan
Based on the corporate philosophy of kyosei, the Excellent Global Corporation Plan is a medium- to long-term management plan with the goal of building a corporate group that continues contributing to society through technological innovation, aiming to be a corporation worthy of admiration and respect worldwide. In the five-year first phase of the plan, which began in 1996, Canon inculcated in the Group the concepts of profit orientation and total optimization, introducing production reforms by means of the cell production system, and cash flow-based consolidated business performance evaluation. In the second phase of the plan, which began in 2001, they have aimed to become No.1 in all our businesses and strengthen our research and development capabilities. During this phase they have achieved tremendous results, including development reforms and the in-house manufacturing of key components.
Strategy 2005 …
Cannon has formed some strategies for 2005 and achieved some out of them.
Integrating development, manufacturing, and production to achieve competitive advantage
Canon's relentless pursuit of reforms has entered a new phase: greater cost efficiency through the integration of development and production. Their next challenge is "prototype-less design"; namely, striving to eliminate the need for physical prototypes. Furthermore, while pressing forward with reforms in parts procurement, They are putting thier strength into factory automation to further enhance in-house production. In this way, Canon aims to establish a highly competitive production system by seamlessly integrating development, production engineering technologies, and manufacturing technologies.
Boosting R&D capabilities to create new businesses
In 2005 Canon will accelerate the development and commercialization of display devices. In particular, They will speed up preparations for mass production at SED Inc., the joint venture company they have established with Toshiba Corporation. Meanwhile, they will promote the development of autonomous Group companies, notably sales companies and manufacturing subsidiaries in North America and Europe. They will also continue to promote activities giving rise to Canon's next-generation businesses, pursuing their search for new business domains while e...
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...otype-less designs and common platforms. In our prototype-less design, which is based on a cutting-edge 3D-CAD infrastructure, we are drawing fully on simulation, analysis, and measurement technologies to shorten product development lead times and reduce costs. All the process improvements we develop in this area will then be employed throughout Canon's business domains.
Another of our activities to speed up development is concurrent engineering. Our Toride Plant in Japan, which is due for completion in 2005, will house our top-of-the-line copying machine manufacturing operations. All aspects of these operations, from design through prototypes, full production, quality assurance, and delivery functions are scheduled to be located in the same new building at the Toride Plant.
In addition, Canon takes a proactive stance toward cooperating with other companies rather than relying exclusively on internal development to boost research and development efficiency.
Our prototype-less design is made possible by our 3D-CAD infrastructure.
CMOS sensors sustain Canon’s strong competitive position in digital SLR cameras.
Canon's Worldwide R&D Centers
Some of the issues presented above resulted from inefficiencies in the two distinct processes taking place in the same production facility at Custom Molds, namely the Molds Fabrication process and the Parts Production process (Exhibit 1a and b). The two processes serve different customer needs. Mold fabrication, a skill oriented and craftsman-driven process, requires flexibility and quality. Parts manufacturing, on the other hand, involves a more standardized process that competes on delivery and low cost. The margin for parts is also much smaller.
The 2,100 square meter engine assembly area of the factory is capable of building the liquid cooled V-Twin for the V-Rod in approximately 2 hours from 370 components. Each of the 10 individual workstations takes approximately 7.5 minutes to complete its task. Building the engines onsite permits the firm to save on transportation costs of having the engines built at one location and shipped to another and decreases the carrying costs of inventory by using Just-In-Time production.
...uct commercialization and to fill emergency orders; custom manufacturing for jewelry and hobby applications; parts for machinery and aircraft, where strength is a major issue; emergency shipments of parts; and situations where inventory carrying costs are high relative to production costs. A secondary promise of 3-D printing lies in separation of product design from product manufacturing. As 3-D printing evolves, consumers will be able to purchase designs online and then build products at home. Appliance companies can also contract out the manufacturing of spare parts to third parties, which will then build parts based on CAD software provided by the appliance manufacturer. Since no inventories will have to be kept, parts costs could decrease. Spare parts availability can also expand, as it is less costly to retain old designs than excess inventories of spare parts.
While 3D Printing has been around for many decades, patents had not allowed the booming technology to grow to its full potential, now with these patents becoming old and coming to an end, will allow one of the hottest technologies on the market to reach levels that many did not think were possible. So now with the major patents that have limited the 3D printer have fully expired or about to expire will give this industry the push they have needed. With the major one being that now once a product is made from a 3D printer it can now be sold as “finished” and ready for the consumer. While in the past this was not possible.
One particular digital electronics company stuck out above the rest, and that was Sony. With Sony’s recent release of the Play Station 4 and its already successful Play Station 3 model, Sony seemed like the ideal company to invest in for the coming years. With Sony’s wide range of electronic products, including stereos, DVD players, and televisions, and with new technology being developed close to every week, all sorts of new jobs are beginning to open up. Sony happens to be one of the leading manufacturers of electronic products for consumer and professional markets, and in 2013 they had employed over 145,000 people and the number is still increasing with new job fields opening up weekly and more specialists being required to keep up with the changing technology. Their increasing technological ability will also lead to a bigger and brighter future for the American and global economy. With the creation of more jobs the unemployment rate will decrease, and products will become more accessible to families and individu...
The Research & Development team ensures that the management is fully aware of where the competition is and finds innovative ways to improve the Apple brand
...ted with CAD software to show new design details, new fabrics and colours. Design is then converted into a pattern by the system to create a prototype and pattern pieces are developed for a real sample garment. Dramatically reduces the time involved in traditional sampling. Another program which helps speed up production is CAM (Computer Aided Manufacture.)This allows Garment production now to be highly automated. Up to 500 layers of fabric can be cut accurately with advanced CAM systems. CAM systems can also print bar-coded labels and put them on the cut pieces. Optical readers scan the labels during sorting and bundling process, eliminating errors, which allows for less faults and to be delivered to retailers and consumers faster.
The core focus of this report is devising a new product and implement marketing plan for Canon plc. The company is currently facing huge competition from its competitor worldwide, especially in Japan where it has lost market leadership. Due to the decreasing profit margin and threat of losing market share, the company has decided to come up with new innovate Canon Hybrid DSLR which will help the company in improving its profit margin and sustaining market share in UK and worldwide. The report is divided into six parts, which are as follow
We have chosen the Xerox Corporation and evaluated the strategic importance of innovation in its role. Xerox from its inception has always been regarded as an organisation that thrives on innovation and diversification. The introduction of the their xerographic office copier in 1959 is seen as one the main technological advancements in the 20th Century. Even as late as the 1990's Xerox has been boldly reinventing itself from a predominantly black and white, light lens copier company to a digital, colour and document solutions company. Even the release of their third quarter results for 2000 in October last, showed despite a 5% drop in revenue, the organisation still looks forward to improving its overall strategy by revealing a new turnaround program
Throughout the history of modern civilization, there have been a number of inventions, contraptions, and processes to have made profound impacts on everyday life, and redefine the world, as we know it. With effective quality management, measures American industrialist and innovator Henry Ford used the assembly line to streamline the automotive manufacturing process and transform the American Industry. With the implementation of the assembly line in his manufacturing process Ford was able to offer the American consumer an affordable automobile, while at the same time cutting costs to his company, therefore maximizing his overall productiveness and profit while ensuring his customers’ needs were met.
Sony Corporation, which is based in Japan, was founded in May 1946 and is one of the massive multinational companies in the world. It is a leading manufacturer of electronics, games and entertainment products and has over 900 subsidiaries worldwide (Sony Annual Report, 2012). It has achieved huge success in the past, especially in the early 80’s and into the 90’s because its high-quality, sophisticated products used to catch the attention of consumers (Vossoughi, 2012). In the present world, Sony found itself struggling to rise and reach that level again after facing intense competition from its competitors as well as pressure from other internal and external factors.
Filing for bankruptcy allowed Kodak a chance to start over; they had to rethink their corporate strategy. By rethinking their corporate strategy, Kodak was able to start fresh with a new mindset which led to the disappearance of their fear of failure. “With this new mindset, organizational fear evaporated and a new energetic focus on innovation emerged” (Baker, n.d., para 6).
The modem assembly line pours out finished products faster than Taylor could ever have imagined. This production "miracle" is just one legacy of scientific management. In addition, its efficiency techniques have been applied to many tasks in non-industrial organizations, ranging from fast-food service to the training of surgeons.
Through Apple’s innovative enterprise approach, we seek to generate personal computing products which have higher quality at lower unit costs than the previously available one. In order to manage projects effectively in the program,
• While making a methodology is challenging, executing it is considerably more troublesome. Numerous organizations comprehend Toyota Production System now, yet at the same time think that it is troublesome to execute and implement.