...Meditech Case Study 1. What are Meditech’s problems in introducing new products? In manufacturing ALL products? Meditech was the leading company in endoscopic surgical instruments. New products were critical to its growth. However, Meditech was unable to keep up with demand, customers lead times was over six weeks for delivery, since they consistently have shortages with each introduction they received a poor reputation. Forecasting and Inventory controls are key to the issues surrounding the introduction of new products and for all Meditech’s manufactured products. 2. What is driving these problems, both systemically and organizationally? One focus in Supply Chain Management is to look at an entire system within an organization, from transportation, distribution, inventory, work in process, finished good, warehousing, etc. From a systemic standpoint, Meditech problems arise from using a poor document system, a decentralized purchasing function, no procedures, “panic ordering” from dealers, poor forecasting and inventory controls. Organizationally, inventory control and forecasting create major issues for the company. Also, the fact that there is no data gathering system for the company. 3. Why is the customer service manager the first person to recognize the major issues? Dan Franklin, manager of Customer Service and Distribution was able to realize customers’ frustrations through meetings with hospital material managers. Franklin also has a staff member...
Words: 399 - Pages: 2
...Q1. How has Solectron’s value to its customers evolved over time? Over the years, Solectron’s value to its customers has evolved drastically from a player in the Electronics Manufacturing Service industry to a Supply Chain integrator for major firms like IBM, HP, Sony, Ericsson, Cisco etc. Initially, Solectron manufactured a wide range of products for its customers in many business segments like Networking, Telecommunications, Computers, Computer peripherals, avionics, consumer electronics, GPS etc. As Solectron grew, it expanded its services so much so that by the end of 90s it had three strategic business units: * Technology Solutions, which provided technology building blocks which helped customers minimise time-to-market for new products * Global Manufacturing, which provided design, new product introduction, and manufacturing and distribution services * Global Services, which provided repair, upgrade, maintenance etc The company, with Mr. Chen concentrated on offering high quality, responsiveness, communication, service and technical support. The main objective was to achieve customer satisfaction by providing high quality. When Solectron offered contract manufacturing services to OEMs, its aim was to offer them services at reduced prices due to greater volume purchasing. Rather than outsourcing as a way to access relatively inexpensive skilled labour, it became a source of tactical advantage which they provided. Tactical turnkey assembly meant that OEMs...
Words: 287 - Pages: 2
...GSCM 330 ALL WEEK DISCUSSIONS DEVRY To purchase this visit following link: https://coursehomework.com/product/gscm-330-all-week-discussions-devry/ Contact us at: HELP@COURSEHOMEWORK.COM GSCM 330 ALL WEEK DISCUSSIONS DEVRY HOME > GSCM 330 (NEW) > GSCM 330 ALL WEEK DISCUSSIONS DEVRY $45.00 BUY NOW! SKU:GSCM330AWD.Category: GSCM 330 (NEW).Tags: GSCM 330 all Week Discussions DeVry, GSCM 330 Week 1 DQ, GSCM 330 Week 2 DQ, GSCM 330 Week 3 DQ, GSCM 330 Week 4 DQ,GSCM 330 Week 5 DQ, GSCM 330 Week 6 DQ, GSCM 330 Week 7 DQ, GSCM330 all Week Discussions DeVry. • DESCRIPTION GSCM 330 ALL WEEK DISCUSSIONS DEVRY GSCM330 Week 1 Discussion Master Planning (graded) How does master planning affect the overall organization? Why is this a necessary part of the overall management process of an organization? Planning Horizons (graded) What are time horizons as used in the corporate planning process? How do these horizons affect our forecasting processes? Let’s first consider time horizons as used in the corporate planning process. What are these horizons and how do they affect our forecasting processes? GSCM330 Week 2 Discussion Which forecast error measuring tool is the best? (graded) Of the four error tracking tools we have learned about in our assigned textbook reading (MAD, MSE, MAPE and seasonality), which method provides the best way to track forecast error? Give examples. Is it possible to forecast seasonal products without removing the seasonal variations? (graded) ...
Words: 849 - Pages: 4
...1. (TCO B) Identify four categories of measures that might constitute a Balanced Scorecard of performance measures and provide an example of each. Also explain how a Balanced Scorecard could assist your organization. This answer must be in your own words—significant cut and paste from the text or other sources is not acceptable. (Points : 30) Some categories of measures of balance scorecard are: 1.-Measures Financial Performance Financial performance measures includes: Profitability such as ROI (return on investment), gross profit margin, asset turnover, etc Liquidity such as current ratio, quick ratio Financial performance measures, such as operating income and return on investment, indicate whether the company’s strategy and its implementation are increasing shareholder value. However, financial measures tend to be lagging indicators of the strategy. Firms monitor nonfinancial measures to understand whether they are building or destroying their capabilities—with customers, processes, employees, and systems—for future growth and profitability. Key nonfinancial measures are leading indicators of financial performance, in the sense that improvements in these indicators should lead to better financial performance in the future, while decreases in the nonfinancial indicators (such as customer satisfaction and loyalty, process quality, and employee motivation) generally predict decreased future financial performance 2.-Internal Operational Efficiency Time spent...
Words: 1963 - Pages: 8
...Devry GSCM 520 Week 4 Quiz IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/Devry-GSCM-520-Week-4-Quiz-5906676.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Page 1 Question 1. 1. (TCO 7) Using the assembly-line balancing procedure, which of the following is the theoretical minimum number of workstations if the task times for the six tasks that make up the job are 4, 6, 7, 2, 6, and 5 minutes and the cycle time is 10 minutes? (Points : 3) Three Five Six Eight None of the above Question 2. 2. (TCO 7) You have just determined the actual number of workstations that will be used on an assembly line to be eight using the assembly-line balancing procedure. The cycle time of the line is 10 minutes and the sum of all that tasks required on the line is 60 minutes. Which of the following is the correct value for the resulting line's efficiency? (Points : 3) 0.500 0.650 0.750 0.850 None of the above Question 3. 3. (TCO 7) Which of the following is not a step in developing a manufacturing cell layout? (Points : 3) Grouping parts into families that follow a common sequence of steps Identifying dominant flow patterns of parts families as a basis for location of processes Physically grouping machines and processes into cells Disposing of left-over machinery and outsourcing ungrouped...
Words: 588 - Pages: 3
...DeVry GSCM 530 All Quizzes - Latest IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/DeVry-GSCM-530-All-Quizzes-Latest-545409504.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Question 1.1.(TCO 1) Different levels of planning in supply chain operations management include(Points : 5) general and detailed planning. strategic, tactical, and operational planning. long-term and short-term planning. logistical, operational, and procurement planning. Question 2.2.(TCO’s 1) Which of the following is a measure common to both the strategic profit model and the SCOR model?(Points : 5) Responsiveness Return on assets Delivery performance Lead time Question 3.3.(TCO 1) The demand for housing is characterized by a regular pattern of increasing to a peak, then falling. When the demand reaches a low point, it then repeats the pattern. This pattern usually takes place over a 3- to 5-year period. This is an example of which type of demand pattern?(Points : 5) Autocorrelation Seasonality and cycles Step change Trend Question 4.4.(TCO 1) For Platinum Nugget Hotel in Las Vegas, Saturday is the best day of the week for business. The gambling take for the hotel on Saturdays over the past 4 weeks was as follows. Week $ Take (1) $250,000 (2) $190,000 (3) $300,000 (4) $280,000 Using a moving average withn= 3 terms, what would be the forecast for Week 5.(Points...
Words: 2394 - Pages: 10
...Devry GSCM 520 Week 3 Quiz IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/Devry-GSCM-520-Week-3-Quiz-776666665.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Page 1 Question 1.1. (TCO 6) The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was not part of that message? (Points : 3) Quality is free Leadership from senior management Customer focus Total involvement of the workforce Continuous improvement Question 2.2. (TCO 6) Fishbone diagram as part of a six-sigma quality improvement process might be found in which DMAIC category? (Points : 3) Define Measure Analyze Improve Control Question 3.3. (TCO 6) A Pareto chart as part of a six-sigma quality improvement process might be found in which DMAIC category? (Points : 3) Define Measure Analyze Improve Control Question 4.4. (TCO 6) Which of the following is not an analytical tool used in six-sigma quality improvement programs? (Points : 3) Flow charts Run charts Control charts Pareto diagrams Decision diagrams Question 5.5. (TCO 6) The Malcolm Baldrige award selection process helps...
Words: 457 - Pages: 2
...Grading Summary These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. | Date Taken: | 6/21/2012 | Time Spent: | 1 h , 39 min , 37 secs | Points Received: | 200 / 250 (80%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 10 | 8 | Essay | 6 | N/A | | | Grade Details - All Questions | Page: | 1 2 | 1. | Question : | (TCO E) Suggested reasons why many customer satisfaction efforts fail include all of the following EXCEPT: | | | Student Answer: | using poor satisfaction measurement schemes | | | failing to weight quality dimensions equally | | | confusing loyalty with satisfaction | | | failing to identify appropriate quality dimensions | | | | Comments: | Chapter 5 page 194 | | | 2. | Question : | (TCO D) The Six-Sigma problem solving approach contains the phases of: | | | Student Answer: | define, measure, analyze, improve, and control. | | | detect, measure, analyze, implement, and control. | | | define, monitor, analyze, improve, and confirm. | | | define, monitor, analyze, implement, and control. | | | | Comments: | | | | 3. | Question : | (TCO C) Terms such as “kanban”, “single minute exchange of dies”, and “visual controls” are most closely associated with: | | | Student Answer: | lean production. | | | DMAIC...
Words: 2799 - Pages: 12
...Devry GSC M520 Week 2 Quiz IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/Devry-GSCM-520-Week-2-Quiz-849803.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Page 1 Question 1.1. (TCO 5) In most cases, demand for products or services can be broken down into several components. Which of the following is not considered a component of demand? (Points : 3) Average demand for a period A trend Seasonal elements Past data Autocorrelation Question 2.2. (TCO 5) In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand? (Points : 3) Forecast error Autocorrelation Previous demand Consistent demand Repeat demand Question 3.3. (TCO 5) Which of the following forecasting methodologies is considered a causal forecasting technique? (Points : 3) Exponential smoothing Weighted moving average Linear regression Historical analogy Market research Question 4.4. (TCO 5) Which of the following forecasting methods uses executive judgment as its primary component for forecasting? (Points : 3) Historical analogy Time series analysis Panel consensus Market research Linear regression Question 5.5. (TCO 5) In business forecasting...
Words: 505 - Pages: 3
...Week 1 Homework Bryan Kelly DeVry University Problem 4.2 A) Plot the above data on a graph. Do you observe any trend, cycles, or random variations? There does not appear to be any type of pattern or correlation, negative or positive. B) Starting in year 4 and going to year 12, forecast demand using a 3-year moving average. Plot your forecast on the same graph as the original data. It looks to me as if the rise is steady C) Starting in year 4 and going to year 12, forecast demand using a 3-year moving average with weights of .1, .3, and .6, using .6 for the most recent year. Plot this forecast on the same graph. So the weighted forecast is quite the same as the regular forecast. The only real differences that I see are in year 6 and 9. They are higher than the regular forecast due to the fact that their previous years have a spiked demand. Problem 4.6 A) Plot the monthly sales data. B) Forecast January sales using each of the following: 1. Naive method. 2. A 3-month moving average. 3. A 6-month weighted average using .1, .1, .1, .2, .2, and .3, with the heaviest weights applied to the most recent months. 4. Exponential smoothing using an α = .3 and a September forecast of 18. 5. A trend projection. C) With the data given, which method would allow you to forecast next March’s sales? I think that I would choose to use number 2, the 3 month moving average. It seems to be more consistent than the other methods. Problem...
Words: 367 - Pages: 2
...Devry GSC M520 Week 2 Quiz IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwspeed.com/Devry-GSCM-520-Week-2-Quiz-849803.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com Page 1 Question 1.1. (TCO 5) In most cases, demand for products or services can be broken down into several components. Which of the following is not considered a component of demand? (Points : 3) Average demand for a period A trend Seasonal elements Past data Autocorrelation Question 2.2. (TCO 5) In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand? (Points : 3) Forecast error Autocorrelation Previous demand Consistent demand Repeat demand Question 3.3. (TCO 5) Which of the following forecasting methodologies is considered a causal forecasting technique? (Points : 3) Exponential smoothing Weighted moving average Linear regression Historical analogy Market research Question 4.4. (TCO 5) Which of the following forecasting methods uses executive judgment as its primary component for forecasting? (Points : 3) Historical analogy Time series analysis Panel consensus Market research Linear regression Question 5.5. (TCO 5) In business forecasting...
Words: 505 - Pages: 3
...Devry GSCM 330 Complete Course-Latest 2015 December (All Discussisons All Quizes And All Lab Homework But No Final) IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-GSCM-330-Complete-Course-Latest-2015-December-2234123463.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question week 1 Master Planning (graded) How does master planning affect the overall organization? Why is this a necessary part of the overall management process of an organization? Planning Horizons (graded) What are time horizons as used in the corporate planning process? How do these horizons affect our forecasting processes? let’s first considertime horizons as used in the corporate planning process. What are these horizons and how do they affect our forecasting processes? week 2 Which forecast error measuring tool is the best? (graded) Of the four error tracking tools we have learned about in our assigned textbook reading (MAD, MSE, MAPE and seasonality), which method provides the best way to track forecast error? Give examples. Is it possible to forecast seasonal products without removing the seasonal variations? (graded) We calculate a seasonal index in order to remove the seasonal component before creating a forecast. Is it possible to remove this step and create a forecast with the seasonal variation still in place? Why or why not? Explain. whether it...
Words: 1783 - Pages: 8
...Devry GSCM 206 Complete Course-Latest 2015 December (All Discussions, All Case , Week 3 And 5 Quizes And Final) IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-GSCM-206-Complete-Course-Latest-2015-December-11204585.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question Devry GSCM206 Week 1 Discussion DQ 1 & DQ 2 Latest 2015 November DQ 1 What is operations and supply chain management? What career opportunities would you be interested in pursuing in the field of operations and supply chain management? DQ 2 How do operations and supply chain processes provide a competitive advantage in the global arena? How is a firm’s mission related to its strategy? Devry GSCM206 Week 2 Discussion DQ 1 & DQ 2 Latest 2015 November DQ 1 How can forecasting improve your operations and supply chain processes? What are the differences between independent and dependent demand? DQ 2 How important are the product design and the voice of the customer? How important are the product design and the voice of the customer during a new product development? What is the impact of the product life cycle on managing the supply chain? Devry GSCM206 Week 3 Discussion DQ 1 & DQ 2 Latest 2015 November DQ 1 Identify management’s role in linking operations and supply chain processes with quality improvement. Identify how improving quality can lead to reduced costs. DQ 2 Consider...
Words: 2983 - Pages: 12
... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 2 1 Introduction Supply Chain Management is the process of managing and controlling of a compound network including transportation of an end product to its end user or consumer. A products life cycle stages would affect the whole supply chain environment, beginning from resource allocation, to production, consumption and repeat consumption, final reprocess and removal. Furthermore, this definition with an added component of Green raises the definition of green supply chain management. GSCM could be...
Words: 5854 - Pages: 24
...CASE: GS-66 DATE: 06/05/09 CISCO SYSTEMS, INC.: COLLABORATING ON NEW PRODUCT INTRODUCTION On November 13, 2007, more than 100 employees of Cisco Systems, Inc. assembled in classic Cisco fashion: they dialed in from multiple locations around the world for an important meeting. The purpose of the gathering was to get the green light from senior management to manufacture a new high-end router that would make the giant networking company more competitive in an age of surging Internet traffic.1 The project’s code name, Viking, said it all. The router for broadband service providers would break ground in power and speed, reminiscent of the Norse warriors and explorers of Europe during the eighth to eleventh centuries. The meeting represented a culmination of several years of development work by a cross-functional, global team of Cisco specialists in engineering, manufacturing, marketing and other areas. Just months earlier, in mid-2007, Cisco overhauled the project by sharply boosting the router’s speed and capacity. This would allow the company to leapfrog competitors and offer a low-cost, powerful new router platform for the next 10 to 15 years. That day in November, the Viking team was seeking an “execution commit” from senior management in manufacturing. If it got the go-ahead, Cisco would be ready to commit the resources to launch the new product. But the Cisco team knew it faced many challenges. The Viking project would be one of the company’s most complex...
Words: 12040 - Pages: 49
