Spring Loaded Technology Essay
explanatory Essay
1963 words
COMPANY OVERVIEW
Co-founded on December 12, 2012 by Chris Cowper-Smith and Bob Garrish, was Spring Loaded Technology (SLT) a privately held Canadian corporation located in the heart of Halifax, Nova Scotia. The company is comprised of a team of likeminded individuals who are trained scientist, engineers, business professionals and athletes on a mission to change the world by helping people do more of what they love every day. SLT developed the world's first bionic knee bracing technology called Levitation™ which enhances the strength and power of the leg muscles. The founders believe that by increasing leg strength, Levitation™ can be used in a wide range of applications including: mobility assistance, fatigue reduction, injury prevention
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In this essay, the author
- Explains that slt has 23 employees to date and will continue to expand its team over the next few months.
- Explains that spring loaded technology wants individuals to enjoy their life and live it to the fullest. the company is passionate about making bracing technology.
- Opines that spring loaded technology has designed a brace for you, whether it's new heights of athletic performance or return to the lifestyle that you are accustomed to.
- Explains that spring loaded thrives on the interface of research and development and believes in the power of technology to improve life by redefining the limits of human movement.
- Opines that slt aims to meet the highest standards in customer care and satisfaction. as we grow, our focus is on achieving sustainable, repeatable profits in order to increase value and return on investment for the company, employees, investors and you.
- Explains that 60% of all sports related injuries are the result of knee injuries. however, knee braces have been available for the past 30 years.
- Explains that the knee braces manufactured by slt are constructed from ultra-thin, lightweight carbon fiber material that does not rely on mechanical springs for its power. levitationtm is discreet enough that it can be worn under clothing.
- Explains that they are employed as an operations analyst within the operations department at spring loaded technology.
- Explains that documenting the manufacturing process required them to work with each member of the production team and observe the current processes implemented by slt.
- Explains that registering for a ce mark would allow the company to sell its knee braces throughout europe. this would assist slt in increasing sales and revenue as well as expand its market share.
- Opines that they would like to continue working in an operations capacity because they realize it is one of the most important roles within any organization.
- Opines that documenting most of the company's manufacturing processes was the most important step in operating a lean organization.
- Aims to identify bottlenecks within the production process and develop workable solutions to minimize and eliminate them going forward.
- Opines that it is easier to implement a proper lean system from the beginning rather than try to correct it after it has been implemented and utilized on the production floor.
- Identifies the inefficiencies within the production process by highlighting the areas that take the most time.
- Explains that the company would make changes mid-production which would result in delays and unmet internal deadlines. these changes and corresponding reasoning’s were not properly documented or centrally controlled.
- Explains that multiple individuals from different departments would be simultaneously assigned the same projects, which leads to an inefficient use of personnel and a misunderstanding as it relates to individual roles.
- Describes spring loaded technology, a privately held canadian corporation located in halifax, nova scotia, founded by chris cowper-smith and bob garrish.
- Explains that slt's energy-restoring knee braces are similar to the rigid shell ones already on the market for the treatment of ligament injury and osteoarthritis and can be customized to fit an individual’s specific needs.
- Explains that the operations department handles the acquisition, production, distribution, allocation, and delivery of the knee braces, which requires us to analyze current work flows and internal business processes.
- Explains the benefits of becoming a "listed provider" for major insurance companies in north america.
- Opines that success in business is guaranteed only when an organization has superior people and a predictable system of operating.
- Opines that slt should continue to develop/foster a leadership culture, one that can only be achieved by suppressing individual ambitions.
VISION STATEMENT
Spring Loaded thrives on the interface of research and development and believes in the power of technology to improve life by redefining the limits of human movement. Our bionic technologies improve strength, mobility, and endurance. Levitation™ powers your knee joint and leg muscles so you can work harder, play longer, and do more than you thought possible. Levitation™ does this by storing energy as you bend your leg and gives it back to you as you straighten your leg, when you need it most. In short, Levitation™ gives you the power to do more of what you love.
GOALS AND OBJECTIVES
SLT aims to meet the highest standards in customer care and satisfaction. As we grow, our focus is on achieving sustainable, repeatable profits in order to increase value and return on investment for the company, our employees, our investors and you, the people that use and benefit from our uniquely designed technology. Ideally SLT would like to
• Produce 8 braces a day
ORGANIZATIONAL
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This required me to work with each member of the production team and observe the current processes implemented by SLT. This allowed me to identify areas that needed immediate attention regarding improvements. Also this exercise allowed me to create standard operating procedures manual for the company which would ensure that production process is carried out exactly the same way every single time a brace is created. Prior to conducting this exercise production knowledge regarding the manufacturing of the braces was limited to a few key individuals in the organization. This placed SLT at significant risk because if any one of these individuals decided to leave the organization either voluntary or involuntary most, if not all, of the company’s knowledge would leave with that
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