Preview

Bose Jit Ii

Powerful Essays
Open Document
Open Document
1575 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bose Jit Ii
Executive Summary

“Better Sound through Research” is the motto of Bose Corporation. Bose has been providing high quality sound systems since 1968. Moreover, their policy for it was simple, better sound, better quality, better business. For Bose to achieve this goal they need to either weigh their options to continue their collaboration with their suppliers or start with their own in-house production of all the products. In-house production would give them an advantage of complete control on quality of the product. Now the questions are that does Bose need to continue with JIT II approach, which has been in effect in the company since past 3 years? Or Bose should become vertically integrated to ensure that production lines are well supplied, and to ensure that all components are in-house and best that can be manufactured? Our group recommends that Bose Corporation should stay with JIT II approach. This would give them a competitive edge within the continual changing technology in the industry. It would help built open collaborative setting between Bose and some selected suppliers. The implementation for the JIT II effort would take overall 3 years for all branches.

Summary of Recommendation Implementation of JIT II:

Growth in Corporate Procurement budget was not keeping up with Bose Corporations needs of increasing staffing levels. In response to this, JIT II was implemented in January 1991. This in effect augmented the Corporate Procurement staff with vendor paid representative who acted as buyers within Bose for their product lines. After 3 years of JIT II implementation, several benefits of the program have been recognized.

Discontinuation of JIT II:

On the other hand, some people in the Bose management and staff are not convinced that JIT II should be continued. They contend that Bose should become more vertically integrated and JIT II may be harming this effort. Our group though recommends that Bose

You May Also Find These Documents Helpful

  • Powerful Essays

    DRAPER INSTRUMENTS

    • 4341 Words
    • 18 Pages

    Introduction: Draper Instruments (DI) is adopting a JIT system. Currently, the company is facing inventory and quality control issues and employees are not acting in line with organizational goals. Employees are also preoccupied with the intense pressure to meet shipment schedules, leaving little time to attend to other areas. Inventory spoilage, obsolescence and build-up have resulted. Major critical success factors the company hopes to achieve include reducing inventory levels and improving quality.…

    • 4341 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    With the new process transitioning to the just-in-time (JIT) method, the technology portion of the organization will need to be upgraded to a system that monitors from the point of order to the point of delivery.…

    • 3640 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Team Paper Week 5

    • 1830 Words
    • 8 Pages

    For almost 80 years the New Wave Corporation has been dedicated to producing the most efficient sound systems in the world. With such a diverse market they have strived to conquer all types of interests. Currently, New Wave has become the leading global market in high-tech electronics manufacturing and digital media. Through reliable services, products, and talented people taking a responsible approach to global citizenship and business, New Wave has taken the world to imaginative new direction.…

    • 1830 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    Bjb Management Strategy

    • 831 Words
    • 4 Pages

    A quality theory called Juran trilogy added to BJB Manufacturing Company will improve the production process tremendously. The three managerial processes; planning, quality control and, quality improvement, will regulate the BJB’s team making it possible for them to become the premier producer of high–end CD changers. With quality planning an examination of the operating conditions will take place to determine every aspect of the original set-up that BJB needs to change. This includes: Identifying and determining the needs of customers, both internal and external, indentifying and specifying the necessary products along with cost awareness and, showing how the new process will achieve the objective. Quality control involves making sure that the changes made during quality planning performs and operates effectively according to plan. Quality improvement is the action that continues to take the process to the next level. It ensures that the set-up will never become outdated or obsolete. The BJB industry by applying this theory will enable the company to carry out the desire to penetrate a new market segment and continue to advance.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sony and Matshisuta

    • 1761 Words
    • 6 Pages

    Frist of all, the differences between Matsushita and Sony’s products is one of the primary reason that makes their decision various. In the reading, it reveals that Matsuhita was focusing more on the low-tech products such as NN-MX20WF (their new model mocrowave oven), DVD player, automatic washers and 29-inch TVs. One the contrary, Sony’s product is more distinctive and it emphasizes more on developing new technology. Indeed, Sony has successfully at commercializing new technologies into innoative products such as the transistor radio, tape recorder, Beta- Max video recorder, CD, Walkman, minidisk, DVD and even camera and camcorder. In another words, Matsushita just centrated on being customer intimate but Sony differenticated itself by innovation. Therefore, as we can notice, the functional products of Matsushita have low demand uncertainties, long product life cycle, low profit marginsm low product variety, low stockout cost and low obsolescence but the innovative products of Sony have high demand uncertainties, short product life cycle, high profit margins, high stockout cost and high obsolescence.…

    • 1761 Words
    • 6 Pages
    Good Essays
  • Good Essays

    WWT considered two other alternatives to develop the software for ICC: double the current capacity of its software division to develop the software in-house or contract out the development of the software. The decision to enter a software joint venture with SSS created much potential for gain and risk. The strengths highlighted include lower labor cost, recent relaxation of government regulation and SSS’s experience writing telecommunications software. Labor costs are significantly lower in India than in the United States and the quality of the work is comparable. Lower labor costs can help increase WWT’s profit margin. The Indian government remains interested in software, which has made it easier for foreign firms to get government approval required to invest in a joint venture and to obtain favorable import tariffs for equipment. WWT speculates it will be able to import software equipment at a 15% tariff, which is 45% lower than other industries. In addition to these benefits, there are some external opportunities that exist from engaging in a joint venture located in India. India is a huge potential market for WWT and therefore it is important for them to learn about the Indian business environment. WWT can take advantage of the opportunity of having the JV located in India by learning…

    • 1302 Words
    • 6 Pages
    Good Essays
  • Better Essays

    First of all, we can say that Bang & Olufsen have developed, through a differentiation by the design, a sustainable competitive advantage in the high-tech audiovisual market which have allowed the company to increase the willingness to pay of the customers. Normally, this solution, the design-differentiation, should not have last or generate this increase but this is where B&G has done great by developing the design to the point of it has become the core competency of the firm. Every function of B&O (supply chain, manufacturing/quality...) gravitates around the design function. Thus, such as Toyota, B&O has succeeded to developed a operations-based strategy quite impossible to reproduce because based on a philosophy.…

    • 1302 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    The purpose of this report is to evaluate the findings of an analysis conducted on JB Hi-Fi (JBH). This evaluation will be assessed to present a recommendation to acquire shares to add to an investment portfolio. This report will assess JBH relative to profitability, asset efficiency, liquidity, capital structure and market performance, before conducting a forecast and risk analysis. Annual reports from the past three years and analysts published views were used as the basis for the final recommendation. These evaluations will show JB Hi-Fi to be a strong investment opportunity.…

    • 2108 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Case Study: Bose

    • 962 Words
    • 4 Pages

    When identifying competitors’ strategies, Bose may particularly look at those competitors who are also in the audio equipment industry and following the same or a similar strategy, called a strategic group. These competitors in a strategic group are Bose’s key competitors. Bose can succeed only if it develops strategic advantages over these competitors. Facing these key competitors, Bose needs to know all dimensions of their strategies such as how each competitor delivers value to its customers, each competitor’s product quality, features, and mix; customer services; pricing policy; distribution coverage; sales force strategy; and advertising and sales promotion programs. Bose also needs to know the details of each competitor’s manufacturing, purchasing, financial and R&D as well. Based on Bose’s philosophy, it may…

    • 962 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Barilla SpA Case Study

    • 891 Words
    • 3 Pages

    The idea of JITD is to allow sales and inventory data to be shared along the supply chain. By doing so, Barilla SpA can use that data from its distributors to better understand the demand of its products and perform better forecasting. The results would be lower transportation costs due to better shipment planning, increase manufacturing efficiency, reduce inventory costs, and less stock outs for its distributors. This will benefit both Barilla SpA and its distributors, but resistance from the distributors and Barilla SpA's internal opposition makes it difficult to implement such strategy. Barilla SpA's sales representatives were afraid of losing their jobs because they felt with the JITD in place; they will no longer be needed. Also, it would essentially eliminate the current compensation system, meaning they would make less money. As for the distributors, the idea of providing sales data to others was unheard of at the time. The distributors did not trust Barilla SpA with their private information, and felt that they would lose control of their own operations if they had agreed with Barilla SpA.…

    • 891 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nissan Motor Company Ltd is one of the biggest automobile manufacturing companies in the world. It ranked 5th number overall in automobile industry. It was founded by Mr Yoshike Aikawa in 1933 with the name Tobata Casting Ltd but in 1933 the name was changed to Nissan. It’s headquarter is in Japan. In 1962 it entered into European market. Currently, the company has net income more than $300 billion. Since Nissan adopted Just In Time (JIT) based supply system, the inventory levels being reduced from 12 to 2.5 days’ supply. The reduction on the number of days is significantly at 80%..…

    • 829 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The proposed JITD system required the distributors to share their sales data with Barilla, who would then forecast and deliver appropriate amounts of products to the distributors at the right time in order to effectively meet demand. This was a radical change from the current and more traditional supply-chain setup where the distributors were not sharing any data and could place orders at will. Vitali's proposal came under severe criticism from not only the distributors but also Barilla's own Sales and Marketing department for an array of reasons.…

    • 1304 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Caterpillar

    • 489 Words
    • 2 Pages

    2. Given the inherent risk in JIT and the trauma that the companies have experienced, why has JIT survived?…

    • 489 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    We believe that by following our recommendations, Barilla will succeed in influencing its distributors and Sales personnel to work together and implement the JITD program. This will not only result in better performance in terms of time and money but also promote trust and good relations among all the partners in the supply chain.…

    • 3807 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Because Barilla would be in charge of the channels between the CDC’s, GD’s and DO’s, communication in the supply chain should go more smoothly. As a result, the variability in demand would decrease, so as to prevent a bullwhip effect.…

    • 955 Words
    • 4 Pages
    Better Essays