Process Evaluation Executive Summary
Abstract
A manufacturing company's success depends on its manufacturing system design. The concept of the manufacturing system design has been the fundamental driving force in the advancement of manufacturing, perhaps even civilization itself. For without this concept of manufacturing system design, manufacturing would still be trapped in the intellectual darkness of the middle ages. The invention of the forerunner of the modern factory 200 years ago was the first system design. Periodically, a new design concept sweeps through the industrial world, igniting the fires of better and more productive manufacturing systems. These modern systems are directly responsible for the improved standards of living in the world today.
The essential task of the manufacturing, planning and control system is to manage efficiently the flow of material, the use of people and equipment, and to respond to customer requirements by utilizing the capacity of the suppliers, that of internal facilities, and (in some cases) that of customers to meet customer demand. Important ancillary activities involve the acquisition of information from customers on product needs and providing customers with information on delivery dates and product status. The purpose of this paper is to provide a brief synopsis of the challenges Riordan is currently experiencing with information technology and what steps should be taken for improvement. IT developments will be examined, also key improvements that could be made to increase company productivity, increased collaboration, focusing on fast and easy access to customer and supplier information. Research has shown that by further developing our IT infrastructure, Riordan can stay competitive with the most up to date technology available in the field.
SR-rm-001 Process Evaluation Executive Summary
Currently Riordan Manufacturing has a common set of procedures in place for the management of raw materials, tracking products during manufacturing, and accounting for the finished goods. In an effort to streamline and improve processes, Mr. Hugh McCauley, COO has requested the development of specific system changes that will improve the inventory and manufacturing process. It has long been said that the Information Revolution will change the way organizations do business. In a world where time and information is money, information technology is critical to an organization's success and longevity. In order for Riordan Manufacturing to establish the organization as a leader and provide added value to customers, Riordan needs to evaluate their current business processes and learn how technology can scale operations in a cost effective manner at the same time focusing on using technology in areas that would provide immediate results.
Lowe’s is a home improvement warehouse that was founded in 1946 as a single store and since has grown to become the second largest in the world. As technology has evolved, Lowe’s has made many advances incorporating new systems and devices to stay competitive. The purpose of this paper is to evaluate the information technology management systems used at Lowe’s. It will look at Porter’s Five Force Model, supply chain management; data base management system, five agent-based technologies, e-commerce and system development lifecycle. Furthermore, it will look at business continuity planning, emerging trends and security vulnerabilities relates to the organization to remain competitive.
In the past, college graduates would embark on careers in the business world with book learned business theory. Now the college curriculum can include practical use of real world situations in a web-paged virtual organization. This virtual organization allows students experience to review, analyze, troubleshoot and resolve real business problems. This paper will review the virtual company, Riordan Manufacturing, allowing students to review existing business systems, identify improvements or introduce new business systems to allow the company to thrive in the growing technology of the business world.
The following proposal has been submitted for review by Riordan Manufacturing, Inc. With the current international move to Hangzhou, China and five year strategic plan to expand operations to Shanghai an upgrade to the current information systems is imperative. Careful consideration has been given to the current systems in place and consensus amongst the Team is that Riordan will greatly benefit from an upgraded Management Information System. Upon review of your growing business and the multiple functional systems currently in place, it is vital that Riordan provide its management team with the tools they will need to be successful now and into the future.
The factory system was the key to the industrial revolution. The factory system was a combination of Humans and new technology. New technology was arriving every day. The greatest invention during this time was the steam engine. The creation of the steam engine was credited to James Watt. There had been other steam engines before James Watt’s but none of them were efficient. Watt’s engine was the first efficient engine that could be used in a factory. The steam engine had the strength of ten thousand men.(Pollard) This was not the only invention that helped the factory system evolve. Textiles were a major product of the Industrial Revolution. Production was slow at first in the factory. In 1764, a British inventor named James Hargraves invented the “Spinning Jenny.” This lowered production time which enabled the factory to produce more per day. In 1773, John Kay, an English inventor, created the “flying shuttle” which lowered the production time even more.(Encarta) If production had not been speed up, the Industrial Revolution would have not had that big of effect as it did in North America.
Within the last thirty years, the scope of Operations Management has shifted quite a bit. This shift began to take on more of a quality focused approach (Heyl, 2011, pg.18). Manufacturers had gone through the years of development, and had insight on what they could do to operate cost effectively. With some new technologies/systems developing like the Electronic Data interchange (a standard format for exchanging business data...
The first strategies, listen carefully can make people calm their mind. It can also relieve any pressure they have. It helps is recall our memory. Either good or bad memories, it can lead up to something meaningful.
A manufacturing system is a process that involves the systematic conversion of input into sellable output. The conversion method is highly reliant on the type and nature of demand of the product. Production is often classified into two broad categories; intermittent and continuous production. Intermittent production is preferable in situations where the demand for the product is seasonal and the product lacks standardization. In contrast, continuous production is common in companies that require production on a large scale. As a case in point, in the 1930’s
Mankind’s interrelation with manufacturing systems has a long history. Nowadays we see manufacturing systems and their applications as systems in which goods are produced and delivered to the suitable places where we can obtain them. We are conscious of the fact that everything we consume or obtain is produced at some facilities. We are also aware of the fact that many components involve at these processes such as laborers, capital, and machines. Nevertheless, majority of people might not realize how these processes have developed all along this time and changed our daily lives surprisingly. Manufacturing, as a crucial part of the industry, has always had overwhelming impacts on our life habits, societal structures and also started new eras. This is why we need to gain more knowledge about the dynamics beneath all that system. Political, scientific, economic or social steps that are taken by civilizations have an impact on how we produce goods and on how we live our very daily lives. Because this is the real evolution of man and we still are a part of it.
The last decade can be marked as a period of significant changes in the business world. Being accustomed to utilize computers as a powerful tool with its office applications such as Microsoft Word and Excel. In the 1990s office workers first faced the opportunity to share information using the Internet (McNurlin, 2009). However, the situation became even more different with the transition to the third millennium. With a further development of information technologies, the majority of big enterprises had to reconstitute their business processes and to make the transition to the Internet economy. Enterprise resource planning (ERP), supply-chain management (SCM), customer relationship management (CRM) software and the variety of other information systems became essential components of the new economy. It can be expected, that all these complex solutions were designed to bring great benefits for different sides of the corporate activity, in particular, decisions made by top-managers are expected to become nearer to the ideal, customer service is to be improved and collaboration more prolific. Nevertheless, to ensure the desired results it should be taken into account that the key concept of these reorganizations is an information or a data, dealing with which can be a serious issue, and wide utilizing of the data warehouses in contemporary organizations confirms this fact.
In the mass production scenario, goods move through different factory departments until completely finished. As the goods move through the production process, their associated costs move with them through the organizations books. Information systems trace the exact value of raw materials put into process and the value of direct labor and overhead used to transform those raw materials into finished goods. Said information systems ensure that
Kanban is an information system that is used to control the release of materials in operation (Monden, 1998). In this way, organizations know when to acquire more materials from suppliers (Slack et al., 2007, p. 480). This also provides visual signal that helps organizations to have products according to customers’ needs (Melton, 2005).
Taking these steps will help in the evaluation processes and show where the less that leading processes are being practiced. Evaluating this outcome will be evaluated and show whether there is economic value for the hospital, or if alternative methods need to be considered to achieve the goals.
By adopting the value chain into a manufacturing company, it will gain efficiency, effectiveness, reduce the product cost and improve continuously. For example, Toyota has implemented Toyota Product System (TPS) integrated information system with the business process which allowed the company to be more efficiency, effectiveness and reduce inventory cost. (Toyota
In today¡¦s advancing technology state, one must be aware of information management systems and how they are shaping lives. Many industries are involved in information technology, and it is that technology which enables them to survive. Five major industries are health, services, manufacturing, finance, and retail. It is hard to say which one is affected more by technology because they all are in their own individual ways. The topics of IT they all share, but the way that information technology is used and introduced in each industry makes them different. In such a highly competitive environment, businesses need to take advantage of all the technology they can in order to survive and gain the upper hand. This semester, I focused on the manufacturing industry because it is how many of products become products and how they are brought to us, the consumer.
The current technological advances that are apparent today are of paramount importance to the study of Systems Engineering. Systems engineering has redefined the traditional view of what makes up an entire unit of a machine. Its influence has also permeated into such areas as manufacturing processes and the management of people, tools and capital in the process of manufacturing. To understand the focal point or basic idea of this discipline, one should look at the definition of a “system”. A system is an entire unit that is made of parts or other systems, which work in concert to achieve a desired output. Systems that are units of an entire system are termed as sub-systems. One should not view a system only in terms of hardware or in a machine design aspect, but should also know that also entail the aspect of human labour in relation to the economic output of a society, nation, firm or industry (Department of Defence, 3).