Purpose
D&J Plastics is a Midwestern manufacturing company specialized in developing made-to-order plastics parts for industrial use. D&J Plastics is a fairly successful privately owned company with a projected revenues for FY2015-2016 of $15 million. To stay relevant in this ever-growing and competitive marketplace, the top management at D&J has deemed necessary to expand the current in-house engineering capabilities and to develop new products for their customers in the automotive industry. Thus, the goal of this project is for D&J to achieve a successful re-engineering of existing products and develop new products in a cost effective manner while still meeting customer needs. The management’s expectation for this project is to provide a
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The development of the new product and in-house engineering expansion must be completed to a level that will provide a sustainable competitive advantage to the company
The project must ensure continued revenue generation
Customers satisfaction must be met
D&J Plastics must use exclusivity agreements and patent to protect its revenue generation
High Level Requirements
Market Assessment Requirements o Market assessment must include a preliminary marketing plan, market evaluation, business evaluation and customer preference study o The assessment must be reviewed and approved by the Project Manager and D&J management
Design Requirements o A new product design and development plan must be
Executive Summary Rock Solid Industry Parts, Inc. is a family owned company planning to move in a new direction to success. As a company moving towards a new direction employees need to change the way they work which represents the first challenge. After the leader of the company or CEO communicates the vision or goal with solutions to probable risks, employees should be able to apply the strategy accordingly in every department. Introduction/Thesis Rock Solid Industry Parts, Inc. is a small family owned company that is planning to grow from 50 to 100 employees in the next three years. In preparation for this goal the CEO consults the IT director of the options to modernize its IT/IS infrastructure.
• List all items of mechanical and electrical equipment to be purchased for the proposal project • Identify purchase price for each item • Calculate the total price 5.3 Category “Man power resources”: What is the staff time required to perform the project? • Identify full and part time employees involved in the project • Estimate the number of working hours they will work on the project •
This source is titled "How is Plastic Recycled?" From Wisegeek that explains the steps of recycling process. Wisegeek is an online archive written by a team of researchers, writers, and editors dedicated to providing concise answers to questions. The staff have some kind of degree or proof of reliability. For example, Liza, one of the staff members, has a B. S. (Bachelor of Science) in commerce from the University of Virginia.
In process development, The Cheesecake Factory must ensure that some of the processes are recyclable and self-sustaining (Swift, & Booker, 2003). For instance, heat exchangers are systems used in the process that aids the recycling use of water for both heating and cooling purposes. Moreover, process development takes into consideration the technological advancements in the given area of production. This helps in ensuring that the developed product goes in line with what the customer demands, leading to increased sales (Stevenson, 2011). Similarly, technology aids in automation, which leads to development of processes that require little human labor, which increases profits by cutting production costs
Furthermore, market testing will assist with future planning and making the appropriate modifications to fit in the competitive
A huge sum has been invested, so now it is really crucial for the product to succeed. Moreover the current product mix is not sufficient to bring long term profits for the company. As far as short term goals are considered, management wanted a successful launch for the product which will provide the right marketing and target of the new product line. While the long term goals involved adding variety and diversity to the product line to achieve a long term sustainable growth rather than just achieving short term
Requirements Gathering – 4 weeks This is the investigative stage of the project. which involved conception, initiation and analysis of the problem. Design phase – 3 weeks This stage involves translating the requirements from the previous stage into detailed designs that address them.
1. Erin McNamara, an employee of the Barrera Recycling Company, had approximately six or seven verbal reprimands from her superior and General Manager, Rafael Gomez. These reprimands were in response to McNamara's work performance and lack of ability to follow safety standards that are required by the company. Her behavior included sleeping through safety meetings, reading of magazines during work hours, failure to wear safety gloves while working, and failure to wear a hard hat while working. Due to this continued behavior discussed between McNamara and Gomez, and the lack of change in such, McNamara was disciplined by a three day suspension.
In mid-1970’s, Copeland Corporation absorbed the above characteristics and implemented it. At that time, Matt Diggs the new CEO appointed has a vision to transform company’s approach to manufacturing. It was noticed that previously all the parts are machined and assembled in the single space or facility. As a result of these tend to increase the costs and quality was marginal. To overcome the complexity Matt Diggs came up with the multifunctional team with a task of designing a “focused factory” with an aim to narrow, newly developed product line.
1. Plastico’s key problems are the lack of a proper communication system, management conflict with Ackerman, failure to coordinate and no synergy among departments. Futhermore, they lack of a company intranet to share information, human capital is not effectively managed. Johnson had an issue with budget allocation among each department causing dissatisfaction. Next, there is no Human Resource Department to manage hiring in order to meet make sure candidates “fit” the company, the hiring process should be in black and white to avoid incidents like Johnson pulling Smith into the company based on personal relationship.
1. Define acronyms CRP, EDI, OSB, ECR and explain. CRP stands for "continuous replenishment program". CRP was a process that P&G created in order to increase logistic efficiency. The process consisted of using electronic data interchange (EDI), which is an electronic system that transmits data instantaneously from one business to another.
Do you think Alice Thornton’s proposal to decentralize the rules and procedures of Cosmo Plastics will work? Alice proposal of decentralizing the rules and procedures in Cosmo Plastics has a bigger chance of working out in a big company with different departments and great number of employees, because then daily operations and decision-making are divided into different authorities in the organization from the top managements, to the middle and lower level managements. Especially when you have this flexibility in work hours, because some departments in the company need constant attention and discipline from the side of employees, decentralizing is needed to divide the controlling process. On another scale, small groups will be formed, employees
BMW The 7-Series Project (A) AGENDA 1) Abstract/Executive Summary 2) Problem Statement 3) Case Analysis 4) Alternative Solutions 5) Recommendations 6) Limitations 7) Appendix Abstract/Executive Summary • To explore the BMW decision about how to manufacture the Prototype vehicles. • Previously, BMW prototypes were handcrafted at the company by skilled artists. • There is a proposal to change the process and make prototypes inorder to better understand the issues that may arise during final production phase.
Technology has only now begun to reach stage where the automotive companies are planning to launches for consumers Initial prices are likely to be the range of $70,000 but would come down significantly as the volumes increase within the next of couple of years. Recyclable thermoset plastics: A new kind of plastic to cut landfill waste. Thermoplastics and thermoset plastics are two types of plastic.
Product design can fulfil the demands of the customers and they are willing visit the same company again in the future. Referencing to the words of Vonderembse (n.d.),