For For ABC Complete Kitchens, Inc., Manufacturing is the Industry of Choice
1048 Words5 Pages
The goal is every business is to generate profits for its shareholders and to operate for the foreseeable future. For ABC Complete Kitchens, Inc., manufacturing has been the industry of choice. With the building and upcoming opening of the new plant, it is expected that a boost in productivity and profitability will follow. To be able to adequately measure how much the new plant will contribute to the overall productivity and profitability of the company, certain factors need to be taken into consideration. Because the company is solely involved in manufacturing, a plant productivity analysis is one of the ways to quantify the exact level of contribution of the new plant. Management, through the efforts of the information technology (IT) department, must identify and describe the tools and techniques that are available that will help the plant’s executive team better conduct statistical analyses for plant productivity evaluation. The purpose of this memorandum is to identify what quantitative research techniques/statistics are best suited for manufacturing which I would recommend for ABC Complete Kitchens, Inc. in the operation of their new plant. I will also identify the types of information I would expect the statistics to provide for ABC Complete Kitchens, Inc.
The information management system is an integral part of the success of any business. The information management system is significant to gather information, analyze them and report the information to required person of the organization in an effective manner. The information management system is effective to make the plan to determine the procedure and control activities in the organization. It is also significant to provide updated information on the current status of ...
... middle of paper ...
...beneficial for the users to analyze the information about the product and plant more accurately. The growth rate in graphical presentation would be effective to provide information to the users as they can easily predict the future performance of the organization (Bloom, Kretschmer & Reenen, 2006). The use of percentage as per the descriptive statistics would be effective to determine the growth of the product and plant productivity in different manners.
Looking at all the elements described, it can be concluded that the information management system is an essential component in the current business environment to determine its success. The information management system of ABC Complete Kitchens, Inc. should include the customers and business partners to facilitate a better system. The customer and product information system would be most effective for the business.