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Assignment chapter 13, Exercises of Production and Operations Management

Assignment chapter 13 Production OM

Typology: Exercises

2022/2023

Uploaded on 12/11/2024

thu-ta-thi-anh
thu-ta-thi-anh 🇻🇳

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POMPOM Group
Nguyễn Mai Khanh - 100%
Võ Nguyễn Như Quỳnh - 100%
Tạ Thị Anh Thư - 100%
Nguyễn Đăng Vũ Lợi - 100%
Ngô Thị Tâm Phúc - 100%
Nguyễn Thái Vân Giang - 100%
1. What is the topic of today's team presentation?
Today group presents about “Lean Manufacture/Service”
2. Introduce a company with good practice in lean manufacture. What are the benefits of lean
manufacture?
- A company with a good practice in lean manufacturing is Toyota. In Toyota, lean manufacturing is
called Toyota Production System (TPS) which is Toyota's production and logistics philosophy,
encompassing its interactions with suppliers and consumers. TPS's major purpose is to eliminate
waste, often known as "muda."
- The benefit of lean manufacturing includes:
- Less infrastructure needed: Lean manufacturing only uses the building space, equipment,
tools, materials, and labor required to fulfill consumers' short-term inventory needs.
- Limited waste: Lean manufacturing reduces outdated or old inventory as well as the risk of
particular items expiring.
- Increased profits: More productivity with less waste and higher quality results in a more
profitable organization.
- Strong Customer Relationships: Lean manufacturing entails satisfying the demands of loyal
consumers on a regular or predictable basis. Therefore, the customers are happy and feel
that they are important to your company
- Having more competitive advantage: Because lean manufacturing frees up more space in
warehouses, businesses may utilize it to install more machinery
- Create employee satisfaction: Lean manufacturing helps remove errors, thereby boosting
employees’ productivity and satisfaction.
- Safer Working Environment: Less inventory means a less congested environment and more
open space. More space allows personnel to see better, minimizing the possibility of an
accident.
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Nguyễn Mai Khanh - 100% Võ Nguyễn Như Quỳnh - 100% Tạ Thị Anh Thư - 100% Nguyễn Đăng Vũ Lợi - 100% Ngô Thị Tâm Phúc - 100% Nguyễn Thái Vân Giang - 100%

1. What is the topic of today's team presentation? Today group presents about “Lean Manufacture/Service” 2. Introduce a company with good practice in lean manufacture. What are the benefits of lean manufacture?

  • A company with a good practice in lean manufacturing is Toyota. In Toyota, lean manufacturing is called Toyota Production System (TPS) which is Toyota's production and logistics philosophy, encompassing its interactions with suppliers and consumers. TPS's major purpose is to eliminate waste, often known as "muda."
  • The benefit of lean manufacturing includes:
    • Less infrastructure needed: Lean manufacturing only uses the building space, equipment, tools, materials, and labor required to fulfill consumers' short-term inventory needs.
    • Limited waste: Lean manufacturing reduces outdated or old inventory as well as the risk of particular items expiring.
    • Increased profits: More productivity with less waste and higher quality results in a more profitable organization.
    • Strong Customer Relationships: Lean manufacturing entails satisfying the demands of loyal consumers on a regular or predictable basis. Therefore, the customers are happy and feel that they are important to your company
    • Having more competitive advantage: Because lean manufacturing frees up more space in warehouses, businesses may utilize it to install more machinery
    • Create employee satisfaction: Lean manufacturing helps remove errors, thereby boosting employees’ productivity and satisfaction.
    • Safer Working Environment: Less inventory means a less congested environment and more open space. More space allows personnel to see better, minimizing the possibility of an accident.

3. What is the company case which today's team introduced about lean manufacture. Is this company selection related to lean manufacture? Why or why not? The company case today's team introduced about Lean manufacture is NIKE. This company selection is related to lean manufacture. Lean manufacturing is described as a business system as well as a continual learning process and performance opportunity at NIKE, with the goal of creating the greatest product and minimizing losses or reducing time & materials. Also, this approach produces more efficiency in the operation of the supply chain, obtaining shorter delivery lead times, which leads to competitive advantage for NIKE. This lean supply chain saves NIKE $0.15/unit compared to the traditional one, and lean manufacturing lines provide 85% of its sneakers. It's a significant cost savings for Nike.