To achieve this, the company developed a cost-effective process that aims at minimizing the waste and maximizing the utilization capacity. • Layout design and strategy- this factor has the capacity to influence manufacturing as well as service process design. To deal with this, Toyota’s layout design in manufacturing plants focuses mainly on the execution of principles of lean manufacturing. • Location strategy-the company aims to cover the global market, but it was leading to increased cost of manufacturing. The company took a strategic decision to develop manufacturing units at a local level and to enhance the company’s production at the global level.
Instead, quality control will also be performed at manufacture of various vehicle components. According to Mitra (2016), this approach yields high effectiveness since defects shall be uncovered not only after vehicles are complete for assembly and delivery but also when they are at an infant stage of production. This is one way of combining quality assurance with quality control and thus avoids the limitations of solitarily using quality control in manufacturing our vehicles. Doing so will go a long way in saving time and resources wasted in creating defective
This Six Sigma approach started out at Motorola in 1986 as a process improvement program to reduce costs and improve product quality. Jack Welch at General Electrics is one important person that play a pivotal role to this approach gaining industry wide recognition. Nowadays, Six Sigma approach is applied across many disciplines of knowledge, from large organizations to small business players who use it for its extensive data driven approach which primarily focuses on improving process performance and imparting ideas of continuous improvement. Six Sigma is much more than a simple set of tools, it is a methodology that shows a roadmap for change in an organization by identifying the biggest problems in current practice and assigning the right person and resources to support and solve the problem permanently. Each Six Sigma project carried out within an organization will follow a set of predefined, sequential steps which has a quantified value
(Mahesh S Raisinghani, concepts, tools, and application of six sigma, 2005)The goal of six sigma is to reduce defects and this reduction of defective items yield higher customers satisfaction and finally increase business net income as well in Motorola. The application of six sigma help the Allied Signal in cost saving about millions as the six sigma was accounted for dramatic defects reduction and improvement in redesign of new processes. This six sigma also able to improve Allied Signal’s bottom lines and processes as the six sigma allow the employees to deal with these qualitative measurement and design a new management method for their own procedures and process in manufacturing organization. For General Electric company, the investment in six sigma for their company generated over $750 million cost saving in their operations. The implication of six sigma also enable them to have a new plant online by annually and enhance their performance in the productivity from year to year.
Technology has come a long way, from delivery messages by horse to just picking up a cell phone. Technology is becoming a major role in all aspect of our modern lives. Typically, the effects of technology can be seen in economics around the world. Advances in technology can be linked to increases in manufacturing that affect the country’s Gross Domestic Product (GDP) and creating jobs to help lower unemployment. While a lot of technological advances are in regards to process improvement like industrialization that seems to eliminate unskilled positions, technology helps produce other skill positions that offer higher pay and better opportunities.
The simplest reason is because the benefits of TQM outweigh the drawbacks significantly. Although TQM has some draw back as mentioned above such as: high cost of time and resistant to change, it is essential for managers these days to recruit employees who are willing to accept change and are fast learners; because in such a rapidly changing work environment today, employees cannot afford to stick to a certain method of working. The upside to the story is that if an organization implements TQM correctly, on the long run, it is most likely that the organization will visibly notice an increase in performance, productivity, cost reduction, market share growth, customer satisfaction and loyalty. Toyota Motor Co. was perhaps one of the first companies to implement TQM. In Toyota’s perspective, total quality management is based on the concept of kaizen meaning constant improvement and the involvement of all employees.
Seimens aims to deliver quality products and services to maintain its world leading position and to remain competive in the market thus it needs people with high skills and knowledge . therefore training is needed to polish the skills and to make them more innovative and productive . so trained employees could make more profits and cost of new employees can be reduced by effective training programs. In adition valued , satisfy and skilled employee can empower the organization and gain a competitve advantage. By training and development program, seimens can ensure its long term business
a rather empirical design approach. With the invention of the car and the growth in traffic, tyre pressures and high speeds as cars developed over the years, it was necessary to change the way designs were done. Designs could not be based on experience only as performance had to be better understood and more predictable, and road functionality had to be defined. Knowledge of structural behaviour and pavement distress in relation to time was required and this led to the AASHO road test being developed. Although developed in the 1950’s, AASHO road test are still relevant today as it is still used to meet the demands of ever increasing traffic growth by developing satisfactory pavement design procedures.
They also expect to have proper after sales service which would enable them to keep their vehicle in a good condition over a certain period of time. The company meets both the expectations with its business strategy. 2. Employees Employees constitute to be the next important stakeholder of the company as they are the ones who help company reach their goals and targets. They expect to grow significantly in the organization and also they expect that the environment is safe and is not harmful to their health.
Though there might be some disadvantages here and there for this system, but there is always solution to it to fix it all over. In order to ensure the targets of the business firms and organizations to be in a well advanced position, the transaction processing system plays a very big role and the way each one handles the system do play an important role too. Transaction processing system is proved to have made so much business firms, organizations and many people in the society’s life way easier and less complicated with this well benefited system. We all should in one way or another be thankful for this kind of information system to be created and we should not take it for granted but in fact we should find ways to make it more useful for the society and country in times to come for the current and future