------------------------------------------------- INTRODUCTION TO OPERATIONS MANAGEMENT ------------------------------------------------- Improving Competitiveness in Organizations Business Management 3230 Spring Semester 2013 S1: We/Fr 12:45 - 2:05 pm S2: We/Fr 2:20 – 3:40 PM Schoenbaum Hall
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Policies‚ Procedures and Processes » What is a Process Map? » Print http://www.bizmanualz.com/information/2009/08/03/what-is-a-proces... - Policies‚ Procedures and Processes - http://www.bizmanualz.com/information - What is a Process Map? Posted By Chris Anderson On August 3‚ 2009 @ 12:18 pm In Business Management & Operations‚Business Process Improvement‚Strategic Process Improvement | 1 Comment You have probably heard of the term “Process Map” or a process flow chart (the terms process
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are sometimes referred to as profits‚ people and planet. However‚ this approach relies on an accounting based perspective and does not fully capture the time element that is inherent within business sustainability. These businesses create economic value and contribute to healthy ecosystems and strong communities. Business sustainability requires Nestle to adhere to the principles of sustainable development. So‚ for industrial development to be sustainable‚ it must address important issues at the macro
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their current operations and supply chain (using a process diagram; value stream map or another technique as the basis). b. Analyse the major strengths and weaknesses of the current supply chain. c. Select one of the following areas (that was NOT your topic for the group presentation): • Global Supply Chains • Quality Management • Six Sigma • New Product Development • Computer Aided Design • Process Design • Process Mapping • Lean Production/Management • Agile Supply • Collaborative Forecasting;
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DEFENSE ACQUISITION REVIEW JOURNAL Joint Strike Fighter Courtesy of Lockheed Martin Corporation 172 Report Documentation Page Form Approved OMB No. 0704-0188 Public reporting burden for the collection of information is estimated to average 1 hour per response‚ including the time for reviewing instructions‚ searching existing data sources‚ gathering and maintaining the data needed‚ and completing and reviewing the collection of information. Send comments regarding this burden estimate or any
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Differences between Process Maps and Value Stream Maps Value Stream Maps Include: 1. Value Add and Non-value Add of steps/activities 2. The Information flow along with the process flow to make the product 3. More information/data on the processes 4. Closed Circuit from the Customer back to the Customer 5. No Takt Time taken into account in process maps [pic] Value Stream Maps Information Flow goes from right to left while the process/material flow goes from left
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recommendations on how to improve the issue of overdue payments to suppliers at Ramsville. After walking the process‚ creating a current value stream analyzing data‚ Team 5 has suggestions on how to increase efficiency by eliminating muda that will improve customer satisfaction and supplier relationships. ANALYSIS Team 5 identified the key issues by creating a Current Value Stream Mapping (Table 1‚ Page 3). Ramsville’s pay now invoices have a total lead time of 196‚200 seconds (54.5 hours) and a total processing
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What is the Theory of Constraints? The Theory of Constraints is an organizational change method that is focused on profit improvement. The essential concept of TOC is that every organization must have at least one constraint. A constraint is any factor that limits the organization from getting more of whatever it strives for‚ which is usually profit. The Goal focuses on constraints as bottleneck processes in a job-shop manufacturing organization. However‚ many non-manufacturing constraints exist
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Improvement of an Automotive Claims Process at Flat Town Insurance Introduction Chris Donn‚ Manager of Claims Processing at Flat Town Insurance (FTI)‚ was thinking about the upcoming Kaizen event to improve claims processing. Chris oversaw four departments in Claims Processing: Automotive Claims; Home Owners’ Claims; Business Claims; and Injury Claims. FTI’s new CEO‚ Pat Jones‚ had developed and championed a new Lean Initiative not long after taking over. After achieving substantial improvements
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making. In contrast with standing costing system‚ lean accounting proposes the value stream as a single cost collector. A value stream is defined as “all the activities required to bring a product or service from conception through to the customer‚ including related information processing‚ logistics‚ and the collection of money” (van der Merwe and Thomson‚ 2007‚ p.29). Lean organizations dedicate resources to value stream. Costs are recognized as they incurred rather than being inventoried and matched
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