Engineering among other fields in life is very dynamic. Change is a very necessity and inevitable for any geared to succeed firm. A prosperous engineering firm must appreciate the need for change in a positive way, use technology to their advantage. Firm management and good customer relation as another key issue in business must be embraced to ensure a success of a venture.
The North Americas leading companies in steel car manufacturing industry, National Steel Car has effectively remained successful due to its effective use of technology, innovation, commitment, passion and good customer relationship over the decade. The firm was started in the 1912 and has 100 plus years of experience in manufacturing the one of the best trail cars the country.
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He was driven with a business motive of transforming the company into North America’s leading engineering and manufacturing of railroad freight car Company.
Through a combined determination, trust and commitment of all the parties and much emphasis on substantial capital and human resources investments, strong engineering capabilities and team building the company’s manufacturing aptitude increased from 3500 to 12000 cars per year and at the same time increasing the number of workers from initial 600 workers to 3000 workers employing most of Hamilton village. The Company is performing in its excellence in manufacturing and engineering in producing in new cars in the industry.
National Steel Car Company under the great control by James Aziz has been the only certified railroad freight car manufacturing and engineering company in the whole of North America. The company has constantly managed to achieve the best quality award known as TTX SECO and rounds of numerous recertification rounds for the best in leading in its
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Greg was born in London Ontario. He attained his degree in the University of Western Ontario. He joined his family wholesale business and over 16 years the company had grew to become a worldwide, with a distribution to all the major fresh food wholesale markets across the United States.
He worked on several investment banking opportunities in the United States and later was able to plan the purchase of the once great Canadian company into North America’s leading railroad freight car. His main aim was achieved through emphasizing National Steel Car’s strong engineering capabilities, team-building, and a through considerable human and capital investment. The company enlarged its manufacturing capability from a low initial produce to a high outcome and an employment increase in the company.
Today, thanks to its relentless pursuit of engineering and manufacturing excellence, National Steel Car leads the industry in new car innovation, while building thousands of new railroad freight cars each year. National Steel Car is North America’s only railroad freight car, engineering and manufacturing company certified ISO 9001:2008, having now held this honor for the last 18 years through numerous rounds of recertification. The company has been consistently honored with the TTX SECO highest quality award since
The company is also leading the way in innovativeness and has already received recognition for introducing innovative products. This is one of the strengths of the company since innovative products will help to differentiate its products from the other competitor products as well as the new products can be exclusively branded as compared to the other flagship products from older Soviet times.
For an assembly plant to be so productive materials must be on hand at all times. Every mustang begins with a truck; reels of raw steel weighing in at 30 tons a piece are delivered periodically. Now this raw steel is the moved to a machine that cuts i...
As stated above, there is no real differentiation in products in this industry. Therefore steel companies have to be able to produce high quality products at low cost to compete. By improving production efficiencies and cost management, they will be a more profitable company. Nucor constantly spent money researching new ways to improve the production processes and keep up with the emerging markets. Nucor was known for constructing state-of-the-art facilities at the lowest cost and investing in plant modernizing and efficiency. At the Darlington plant the manger there developed a system where less time and less capital investment were required. This helped keep the fuel usage down and this was the only mill in the United States that was doing this.
Nucor is the world’s largest recycler, recycling over 10 million tons of scrap steel annually. Nucor descended from auto manufacturer Ransom E. Olds, who founded Oldsmobile. The company evolved into the Nuclear Corporation of America, which was involved in the nuclear instrument and electronics business in the 50’s and early 60’s. Over the next five years, Valley Sheet Metal, Vulcraft Corporation and U.S. Semi-conductor Products joined the Nuclear Corporation. After suffering several money-losing years, in 1964 F. Kenneth Iverson was installed as president. Management then decided to integrate backwards into steel making, and in 1972 they adopted the name Nucor. Since then Nucor has established itself as a leader in the steel industry through efficiency and innovation. It now employs more than 7,000 people worldwide and has experienced tremendous growth under its new CEO Daniel R. DiMicco. SWOT Analysis Strengths • Low Cost Producer • Employee/Managerial Relations Leading Innovator • Low Debt Load • Overall industry leader Weaknesses Dependency on scrap metal
Achieving world class business performance is a major challenge in today’s society. Manufacturing companies continue to face increased competition and globalization from its competitors. (1, p. 148). The automotive industry is one of the most volatile manufacturing industries that we have, which was evident in the 2008 – 2010 automotive industry crisis. (2) This global financial downturn served notice to the American automotive manufactures to raise the bar, in order to achieve word class business performance. General Motors, one of the country’s largest automotive manufactures, had to receive a government bailout to survive. During this time many with the corporation asked themselves, if we were a world class business, would we be facing this pending crisis. The answer was a resounding “NO”. General Motors has come out of bankruptcy and is focused on being a world-class business organization.
Our commitment to steady, long-term improvement in our products and processes is the cornerstone of our business strategy. To achieve this objective, we must work to continuously improve the overall quality of our design, manufacturing, administrative, and support organizations.
Hence production units for example the exports that take place in Europe and its Ukraine therefore they have competitive advantage with value into the technology. It gone through the acquisition by natural resource seeking for example Tata Company has invested in coal mines in different country and ownership advantage the company that enables them to successfully acquire established goal companies (KUMAR, 2008).Location advantage of Tata motors has the nature of the product and the services which the company requires to invest In plant or an office (Neelankavil and Rai,2009).In addition the Tata Company has a manufacturing with joint venture and Thornburg automotive gives which them a location advantage again in the south East Asia region. Internationalization advantage of Tata motors will help them in having better control over the manufacturing units as licensing option which are issues related to transfer of technology or technology theft. The advantages of own production for Tata company which they have done is introducing a new car called Nano an ultra low cost car
This paper will first discuss the development of the steel industry. Next, it will examine steel, and in the impact it had on the transportation industry. Finally, it will discuss systematic management practices of this time and how they gave birth to the scientific approach that is still in use today.
General Motors Company (GM) is one of the world largest manufacturers in the automotive industry today. GM value chain of activities include designing and engineering vehicles with state-of-the-art technology, research and develop new models and innovations, as well as creating effective marketing strategies to up sell and compete in its field of industry. With more than 212,000 valued employees working in 396 facilities, GM’s presence had spanned across six continents over the world. GM offers a comprehensive range of vehicle selections for its customers from electric and mini-cars to heavy-duty full sized truck as well as convertibles. Along with its strategic partners, GM produces cars and trucks selling and servicing its vehicle through many recognized brands such as Chevrolet, Buick, GMC, Cadillac,
Hammonds, D. (2010, January 15). Detroit auto show proves which carmakers will be the strongest in the near future. Pittsburgh Post-Gazette (PA), Retrieved from http://search.ebscohost.com.lib.ottawa.edu/login.aspx?direct=true&db=nfh&AN=2W63128133447&site=ehost-live.
Introduction: Toyota Motor Corporation is a very successful automobile manufacturer that is recognized globally. They have continued to obtain and retain a competitive advantage over their counterparts, despite recalls over many years. Regardless of recalls, Toyota has been quick to rectify their shortcomings and continue to lead the automotive industry with their innovative measures. In this essay, I will discuss key internal factors for Toyota. Within those factors will include Toyota’s core competencies, which are what they do really well in comparison to their competition, three of their strength’s, which will include their posture within the automobile market and their heavy focus on research and development, and two of their weaknesses.
As a result of the increased demand of cars, the competition among car companies is becoming intense. Although the market of car is the biggest growing market in the world, there are still some companies who make cars failing year after year. However, there are some outstanding car companies such as The BMW Group performing distinctly.
that made the company one of the most recognized companies of the world. The dynamic
By following that approach, the company developed customer loyalty, as their product development was well above average.
The operational change within JLL was seen rationally from the organisations perspective as re-structuring the engineering team would result in cost saving and provide increased geographic coverage of engineering resources.