Spring Loaded Technology Essay

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

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

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