Preview

Operations Management Case Study Analys

Better Essays
Open Document
Open Document
3731 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations Management Case Study Analys
Case study: Design house partnership at Concept Design Services
Why is operations management important in CDS?
Operations management is important in CDS if they are to continue being one of Europe’s most profitable home ware businesses. As with any other company, CDS objective is to add value to their final product while using its resources effectively and efficiently through its internal processes. The company has successfully been able to apply the technology used in the aerospace sector onto home ware items, through the mastering of injection moulding machines. Moreover, the company has expanded into a premium home ware product market, integrating new functions within its operations, such as forming partnerships with reputable designers and increasing the volume and complexity of its production.
Draw a 4 V’s profile for the company’s products/services
Volume: High. Although the case study does not specify the amount of production, it can be deduced that production volume is high as it has increased 600% since the acquisition of new large multi-cavity moulds. Another indication of high volume production is the fact that CDS decided to subcontract their Focus line to other moulding companies, so they could focus on the production of their premium line (Concept).
Variety: High. CDS market is a highly competitive one, in which design innovation determines the longevity of the firm. CDS capacity of developing products that are in fashion and moreover, its adaptability to change as fashion changes is key to the survival of the firm.
Variation: High. For the same reason as with variety, CDS is forced to continuously produce innovative designs that would keep their customers interested and therefore keep demand high.
Visibility: Mixed high and low. There is the visible part of the operation that is when the final products are
What would you recommend to the company if you were asked to advice on improving its operations?
There are 2 areas that CDS needs to improve:

You May Also Find These Documents Helpful

  • Good Essays

    Operations Managements

    • 2532 Words
    • 11 Pages

    Consider a firm with a daily demand of 100 units, a production rate per day of 500 units, a setup cost of $200, and an annual holding cost per unit of $10. Suppose that the firm operates 300 days per year. How many units of inventory must their storage area be able to hold?…

    • 2532 Words
    • 11 Pages
    Good Essays
  • Better Essays

    Ops 571 Week 4 Team

    • 959 Words
    • 4 Pages

    The goal of strategic capacity planning for Riordan Manufacturing's is to maximize the level of output and return of investment. Riordan Manufacturing's should create a small sister plant to China in Michigan. If we are able to create a scaled down version of the plastic molding machines from the China plant, the plastic polymers safety storage from this facility can become the regular shipment to the Michigan facility. By creating the Michigan mini-facility Riordan Manufacturing could shift the smaller customized fan orders manufacturing and excess polymer inventory from the Hangzhou facility. By reinvesting in the Michigan facility and the United States economy, Riordan Manufacturing will be better equipped to meet the clients demanding more from Riordan’s Pontiac, Michigan location.…

    • 959 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Operations and logistics form the base of every organization, whether in manufacturing, service or nonprofit industries. Operations management and logistics within Riordan Manufacturing although not perfect has lead to Riordan becoming an industry leader in the field of plastic injection molding. Riordan’s current operations and logistics and suggestions for improvements will be described.…

    • 985 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Riordan Manufacturing is an industry leader in the field of plastic injection molding that has earned them international acclaim. (Apollo Group, Inc., 2004,). The mission that Riordan Manufacturing has embarked on will lead the company into the 21st century with a sound footing in the plastics manufacturing industry. In order for Riordan Manufacturing to be able to meet its customer 's needs and expectations, there needs to be systems in place that not only focuses on the quality but also the management of the manufacturing process.…

    • 3150 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Itm601 Assignment 3

    • 840 Words
    • 4 Pages

    customers shopping online) that there are too many styles and options to select from. The high…

    • 840 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Econcon

    • 374 Words
    • 2 Pages

    Consumers have all different tastes of music; therefore producers produce CD’s of various genres. This way, consumers influence the production of CD’s.…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    First, manufacturing higher quality products was crucial since machine dependability and reliability was important for contractors. Many construction companies all over the globe operated under severe cost and time constraints and companies’ main target was to schedule machine use efficiently and minimize downtime. High capital and energy costs made some construction companies to use their machines longer. Consequently, providing the replacement and spare parts on short notice and continuous improvement of the parts were essential. Also, profit margins for parts and attachments were significantly higher than for whole machines which encouraged most suppliers to pay more focus on providing these parts to their customers on a timely manner. Moreover, the ability to manufacture product capacity ahead of demand was important. For instance, Caterpillar’s excess capacity policy served not only as deterrence to competitors but also as a mechanism enabling company to respond to the industry’s’ wide swings in demand. This also helped companies to successfully maintain their low cost manufacturing position through higher scale of volume. In addition, a full and diversified product line was necessary for companies to gain competitive advantage over others. Also, the ability to be a shock absorber provided some companies flexibility and…

    • 2656 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Operations Management

    • 3503 Words
    • 15 Pages

    How Paper is Made (1998). In Pulp and Fiber Products. Retrieved September 17, 2011, from…

    • 3503 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Six Basic Strategy

    • 306 Words
    • 2 Pages

    A Broad Differentiation strategy maintains a presence in both segments of the market. Competitive advantage is gained by distinguishing products with an excellent design, high awareness, and easy accessibility. R&D competency is developed that keeps designs fresh and exciting. Products keep pace with the market, offering improved size and performance. Prices are above average. Capacity is expanded as higher demand is generated.…

    • 306 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Operations Management

    • 2215 Words
    • 9 Pages

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Part I 1. Project management: a) Is the planning, scheduling and controlling of project tasks to meet objectives. b) Is used primarily in construction and public works. c) Requires less communication than ongoing process management. d) Focuses on well-understood, unambiguous tasks and relationships. Using the following project, with activity times estimate in days and a critical path of CH-J-K, to answer the next 3 questions: Activity A B C D E F G H I J K Immediate Predecessor A A A, B C C E, F, G H D, I, J Optimistic 2 4 6 5 3 8 4 3 5 12 1 Most Likely Pessimistic 5 3 7 12 4 9 6 7 7 13 3 6 7 10 14 5 12 8 8 12 14 4…

    • 2606 Words
    • 11 Pages
    Satisfactory Essays
  • Powerful Essays

    Studio Learning Task No 1

    • 1330 Words
    • 4 Pages

    Q2: Explain what series and mass production means. What other factors over time have contributed to the high turnover and international sales of manufactured products?…

    • 1330 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    We study Operations Management because it is such a costly part of an organization. A large percentage of the revenue of most firms is spent in the Operations Management function. Indeed Operations Management provides a major opportunity for an organization to improve its profitability and enhance its service to society.…

    • 1270 Words
    • 6 Pages
    Good Essays
  • Good Essays

    is highly imperative to align with the market trend and meet customer expectations, in order…

    • 950 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Operations Management

    • 1823 Words
    • 8 Pages

    A conventional “bricks and mortar” grocery does not have an online presence, only a physical one. It is built on a face-to-face customer service, and usually always has a building for their operations. A “brick and mortar” grocery has advantages and disadvantages compared to an online operation, like Theorganicgrocer.com. First of all, their major disadvantage is the overhead. The cost of property, insurance, taxes and staff is much higher for a “brick and mortar” operation than an online operation. The biggest advantage for a “brick and mortar” operation is customer security. To a customer, if a company has physical presence, it is seen as more reliable as the company is far less likely to fold overnight and disappear.…

    • 1823 Words
    • 8 Pages
    Good Essays

Related Topics