Peerless Products Inc. Independent Study

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.

The human resource management concept leads to improvement on a whole basis. Human resource management is a wide and significant concept that allows organizations to execute business procedures to be at its best. It is necessary that proper balance be formed in order to allow organization to grow and expand at a continuous manner. This means a lot from the perspective of seeing to it that the control is likely to be formed upon one or the other relevant areas as well. Primarily, human resource management aims upon raising the effectiveness and involvement of employees just as to make goals and objectives achievable and attainable.

It is also important to design for costs and profits to understand how it will be produced and to eliminate flaws in the design through testing. The Connection When it comes to the decisions of the new product design and the production process there is a continuous interaction between them. They are directly linked together and those decisions cannot be made separately of one another. The continuous interaction means that product design is influenced by design of production process and similarly, production process design is influenced and changed by design of product. Each step is directly linked to other areas of the organizational aspects such as equipment required, the layout of the facility, and the organizational structure.

The innovation management efforts adopted by organizations and businesses are through new techniques and paradigms that serve existing and new markets efficiently including those with new and modified products and/or services. As part of radical innovation, the innovation management methods should consider global trends in planning for future contexts as well as products and services. The classification of drivers for innovation involves ... ... middle of paper ... ...ss is differentiating through balancing the ideas with certainty. It involves consideration of what makes the new product and/or service competitively unique and what it seeks to achieve in the lives of customers. The final process is using the innovation to enhance every aspect of the organization or business and not solely improving the product or service through taping brand equities and reinterpreting.

It is a matter of assessing manufacturability, reliability, and supportability of the product after it has been designed and making appropriate changes to the design to enhance these competitive factors. This approach extends the design cycle time, increases product development cost, and may not result in the most optimum way to produce the product. Instead, these factors must be considered from the very start of product development and designed into the product. 3.2.1 Organization and

• Process approach A desired result is achieved more efficiently when activities and related resources are managed as a process. • System approach to management Using a systems approach to manage their interrelated processes, and identifying and treating these processes as a system. • Continual improvement Making a commitment to continually improve overall performance. • Factual approach to decision making Making decisions are based on analysis of fac... ... middle of paper ... ...promised of experts from businesses and other organisations around the world, and is responsible for monitoring the use of the standards to decide how they can be enhanced to meet user requirements and expectations when the next revisions come around. Works Cited http://www.citeman.com/8218-what-is-the-iso-9000-series/ http://www.praxiom.com/home.htm http://www.iso.org/iso/iso_catalogue/management_and_leadership_standards/quality_management.htm http://www.bizmanualz.com/iso-9000-qms/ISO_9000_1994_series_overview.html http://ezinearticles.com/?History-of-ISO-9000&id=352833 http://www.simplyquality.org/faq_history.htm http://www.bizmanualz.com/iso-9000-qms/ISO_9000_2000.html http://www.iso.org/iso/iso_14000_essentials http://www.iso.org/iso/iso_catalogue/management_standards/quality_management/iso_9000_selection_and_use/the_future_of_the_iso_9000_family.htm

It should predict a clear connection between the manufacturing process and the infrastructure options. 6.1 Function Support Total Quality Management (TQM) will be used to support the manufacturing processes to ensure quality and minimise defects. The manufacturing unit will be according to the matrix type organization structure to provide more flexibility in resource allocation and communication. Just in Time (JIT) approach will be introduced to achieve and meet the demands and expectations of the customers. TQM will improve the company’s effectiveness, efficiency, competitiveness, flexibility and delivery to customers.

Introduction Effectively integrating information technology (IT) into an organization’s business processes is critical if the organization wants to increase productivity and remain profitable. IT includes items such as the systems software, application software, computer hardware, and the networks and databases that help manage the organization’s information. When implementing quality standards and processes that are forever changing in the IT world, organizations must balance these changes while continuing to rapidly implement new systems technologies in order to stay competitive. Quality improvements in IT delivery and service support can be improved by measuring and tracking user satisfaction, integration and flexibility early on in the decision process and reinforcing them throughout the review process. Adhering to quality management best practices means ensuring that quality standards are strictly enforced and entrenched into the organization’s philosophy.

If you are part of the handful of Americans that are self-employed, or you own a business that is dependent on consumer spending, then you are especially vulnerable to the effects of this cycle. People and businesses that fall into this category will find that demand is closely related to movements in GDP, gross domestic product or the broadest quantitative measure of a nation's total economic activity (Investopedia). During a boom, such businesses should enjoy strong demand for their products, assuming that the products are actually wanted by consumers. But during a slump, the business has to suffer a sharp drop in demand (tutor2u). Such events may cause business owners to lose their customers, employees, their businesses, and eventually maybe personal assets such as their homes

The table below lists the effect that discrepancies in some of the more important parameters might have on a firm that is striving for stability. Parameter Effect on Firm Inventory If inventory strays significantly from desired inventory, the firm will be continually making production adjustments. As mentioned above, inventory levels have a dramatic impact on the firm. If inventory levels are higher than desired, the firm will have to pay for costly warehouse space. If inventory levels are much lower than desired, the firm will lose revenue in the form of lost orders.