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Essay / Research Paper Abstract
This 6 page paper looks at the process of change. The first part of the paper consider the way improvements may have been introduced at a fictitious company, including changes in inventory management and shift change over. The paper then assesses the advantages and disadvantages of improvement processes for the company, looking principally at the Six Sigma model. The bibliography cites 4 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEimprocs.rtf
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Unformatted sample text from the term paper:
of the customers, management and owners or stockholders. In recent years increased levels of globalization has resulted in more pressures for both differentiation in order to create, maintain or increase
levels of competitive advantage at the same time pressures have been in place to increase the profits for shareholders. A process for improvement may be continual, or can be
seen to occur as a one of process which may, or may not, be repeated. In this paper we use the example of a generic manufacturing company this can be
adapted by the student for their own organisation. Manufacturing in a process where there are several stages, in this example there is a system, in place where the manufacturer
is broken down into component task placed around the factory. In the past there have been some processes of improvement. For the main part they have been focused on cost
savings and the reduction of the level of stock that has been held. The company may have noted that there was a large level of capital tied up in the
stock levels and management of the stock, in addition there may have been redundant items and damage to stock may also have been adding a cost. The process of
improvement was akin to the introduction of a just in time management system associated with total quality management. This was aimed t reducing the level of stock and the flow.
However as stock comes from a number of suppliers to use of just in time was not deemed to be appropriate, the system was based on ensuring that a minimum
of 2 days stock was held onsite, However this was still a major reduction. This was successful; however there were some concerns from those involved in stock management that
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