The Company under Study Essay Example | Topics and Well Written Essays - 1000 words

The Company under Study - Essay Example The company under study is a small manufacturing firm, which produces metal bead chains. This company is doing business since early 20’s and is continuing till now. It has not got a huge set up but only 20 machines, having two sets of dies which are capable of manufacturing 7 sizes of chains. The company is using brass, steel and stain-less steel as raw material and has additional facilities like own die production, a computer numerical control machine for production of dies. They also have special machines for packaging of units. The company possesses an experienced production manager with an experience of 18 years. It has also a well experienced technical manage, 3 die makers, 4 setters with 4 helpers.  While carrying out the case study, following problems can be identified, which are related to the firm in one way or the other: Under utilization of production capacity. Machine stoppages due to quality problems which is a result of under maintained machineries. Manufacturing with steel and stainless steel which are harder metals and do not suite to the companies production set up and due to lack of engineering base the life of dies are minimized the repairing of which, takes an hours time by the setters which is surely a time loss. Speed of machines become slowest in making chain sin the largest size in steel and stainless steel. The quality assurance department is handled by the production manager; quality should always be separate from production. Despite of availability of production software, production plans are made by the production manager. The stock of production material is not been taken care of. A huge stock of un-plated chain has accumulated. The manager is using oil in increasing productivity. Application of software’s should be carried out planning of production instead of using past experience know how, all machine should be allocated in volume of order of different sizes of chains. The machines for manufacturing of steel and stainless steel chains should be separated so that the fast production of brass chains does not get hampered. Quality issues should not be handled by a production manager as the production manager is responsible for executing production that is higher number of units per day and making machines reach maximum efficiency. This can make him over look the quality issues that are related to product development. The persons who are responsible for quality management should also take of material in-process.

Issue 18&19 Coursework Example | Topics and Well Written Essays - 750 words

Issue 18 - Coursework Example Memphis University scholars suggest that overseas outsourcing have more advantages to an organization. For instance, it enables the firm to pursue the most labor cost. Labor cost varies significantly from one country to another. Therefore, outsourcing will allow the company to choose the country that it feels that its work is not very costly (Axelrod, 2004). Moreover, adopting lower labor cost will enable the organization to produce its services at a lower cost and as well provide services at more reduced prices. Finally, reduced Labor allows the organization enhances their business profits. Because of deferent perception to outsourcing, it can create a platform for politics. For instance, many argue that outsourcing causes the jobs that can be done by the locals to move overseas. On the other hand, outsourcing will also help the particular country to boost its domestic economy. On the contrary, practitioners argue that offshoring can have the local options (Müller & Müller, 2000). Firms seek to offshore labor in order to keep labor cost at a minimum level as possible, so as their services and products can reach their potential customers at a lesser cost. From an international point of view, countries outsource professional jobs to countries that have the most cost efficient labor. The most popular outsourcing countries are China and India. Employees in these countries have adequate educational backgrounds to enable them to carry successfully out the tasks ahead of them. However, outsourcing has its merits and demerits that firms and countries need to put into consideration before starting the exercise. Outsourcing allows the company to operate in an increasingly competitive marketplace across the world. In addition, outsourcing enables the firm provides service and products in 24 hours daily, more so to the customers who need around the clock