This is because supporting industries are able to produce ideas or materials that are necessary for a new method and personalisation to the company. The surrounding industries are able to deliver cost effective ideas or products and aid the other companies involved in the chain to innovate. In the German automotive industry, there are a high number of suppliers and related industries therefore there is a high amount of international competitiveness. Industries that are related or are supporting benefit firms as it creates innovation that helps organizations to produce in a cost-efficient manner. Also, if one industry is successful, it can influence the growth of other industries.
Zodiac Aerospace has adapted a proactive form of Corporate Social Responsibility. The company has established the various factors that contribute to the success of the business. The organization has the knowledge skills and resources to put things in perspective and act quicker. Knowledge about the internal operations and how these operations impact profitability and market position enables Zodiac Aerospace to respond to changing circumstances while still focusing on and attaining their business
Finance and accounts have been transformed into high-performing customer-focused organizations. Improving workflow lean system provides an operating methodology to enhance processes excellence and continuously improve results; by spotlighting areas that need improvement, lean system lead to a continuous improvement in quality and productivity. Lean manufacturing has been adopted as a potential solution for many organizations, particularly automotive manufacturing industries in Japan. Since Lean and just in time (JIT) was first introduced, implementation has been achieved by many companies such as Ford, General Electric, General Motors, IBM,
Strengths: 1. The success of the Renco Group assets depends on the ability to focus the efforts on specific industrial sectors, focusing on solving technological problems and customer service (Deloitte, 2015). So that it brings superior customer value on niche markets in which it competes. 2. Work ethics and constant strive in optimizing its work activities have led Renco Services Division to become a reliable choice for first class clients such as General Electric, ABB, and ENI Group (Renco-Service Division, (n.d.)).
This means that lean can actually apply in many types of business. Manufacturing not only for manufacturing sector, it can help an enterprise to process in more systematic way. Besides that, lean manufacturing is not only is a tool to apply in businesses or industries. Lean manufacturing had become a cultural phenomenon in the manufacturing, the factory which use lean manufacturing to work and success mean that they are quite strong. Therefore, it became a core system in many famous factories such as Motorola, Toyota, Apollo Harwood and so on, and all of these company is well known in world.
Diversification of their products is another key market driver, if the products developed are successful and current customers are satisfied this enables Boeing to enhance their marketing strategy and diversify their inventory worldwide. Boeing at this time is concentrating on adding significant activities to their core competencies as a part of corporate-level strategy. In addition to providing the basic primary activities and supporting activities in their new chain model, Boeing continually tries to add new valued marketing activities for their customers. One of those new activities is Boeing’s establishment of Boeing Capital Corporation (BCC), which offers a diversified allocation of aircraft leasing and financial management which is a strong hold for future Boeing marketing. Another activity is Boeing’s after-sales services which targets parts distribution availability ensuring parts are available by becoming the sole supplier.
This has an advantage too; the principles used for effective manufacturing can also be used for an effective supply chain. One such concept is ‘lean’. Adoption of lean principles in supply chain worldwide has enabled manufacturing to be customer-focused,
INTRODUCTION Most manufacturing companies are currently encountering a necessity to respond to the rapid changing of customer desires and tastes. For companies, to remain competitive and retain market share in this global market, continuous improvement of production system processes has become a necessity in each company. Competition continuously increasing standards for customer satisfaction purposes has proven to be the infinity driver of organizations performance. Lean manufacturing is one of the best solution for production systems in various industries Reichhart and Holweg (2007). Lean manufacturing consists of lean tools such as 5S ,Kaizen, TQM , lean thinking and lean training (Lanigan, 2004; Ramakrishnan & Testani, 2010).
Management should be able to effectively manage the costs for an airline company to be successful. Capable workforce is also essential in maintaining a successful company. They should be highly qualified and competent. Employees should also have strong communication skills as they are in a service business. Training programs should also be implemented so that the employees can enhance their