Abstract The topic for this study was a team-based approach to increasing productivity and reduce costs. Fresnillo Plc, a silver mining company, incorporated in Mexico was used as the case study, Palaveev (2013). The primary goal was to increase silver mining rate by not less than 2 % by the year 2018, such a project requires the company to encompass team-based approach. All stakeholders received necessary training and participated in brainstorming. Throughout the study, it has been found that team
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LSS lean Six Sigma Abstract Purpose – Although research has been undertaken on the implementation of lean within various industries, the many tools and techniques that form the “tool box”, and its integration with Six Sigma (mainly through case studies and action research), there has been little written on the journey towards the integration of the two approaches. This paper aims to examine the integration of lean principles with Six Sigma methodology as a coherent approach to continuous improvement
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TERM PAPER PESIT MBA 2011-2013 3RD SEMISTER MANAGEMENT ACCOUNTIN & CONTROL SYSTEM TOPIC: LEAN ACCOUNTING- An Emerging Concept SUB CODE: 10MBA32 NAME: SPOORTHI.K USN: 1PB11MBA33 CONTENTS 1. ABSTRACT WITH KEY WORDS 2. INTRODUCTION 3. THERORATICAL BACKGROUND 4. DISCUSSION 5. CONCLUSION 6
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Toyota Motors Case Study Introduction Toyota Motor Corporation is one of the world largest automobile manufacturing. They have manufacturing plant throughout the world. Toyota has thirteen manufacturing plants in North American alone. One of its largest plants is here in the Georgetown, Kentucky where they produce the new Camry. Toyota is poised to overtake General Motors and become the largest car manufacturer in the world. Much of this success can be attributed to the renowned Toyota Production
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centre, and to safeguard Singapore strategic maritime objectives. Research for this report includes evaluating the application on Lean and Total Quality Management (TQM) in logistics and supply chain networks to achieve Maritime Port Authority (MPA) objectives such as quality of service, competitiveness, reliability and efficiency. The major findings shows that lean implementation improves processing times achieving more work in less staff time and bringing services up to standard. (Radnor, Walley
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Case Study Value Stream Mapping Elisha B. Hines-Jones GSCM – 520-68590 Professor Dellroy Birch July 27, 2014 Value Stream Mapping is a visual tool that represents a different stage in the value stream process. In order to create a lean process, one needs to have a full understanding of the business, production processes, material flows and information flows. Understanding the proper flow of the product maximizes value throughout the value mapping stream and will eliminate waste without
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ELEMENTS OF LEAN OPERATIONS AT ARIENS The four elements of LEAN as given by Slack & Lewis are 1. Customer Focus or Customer based demand triggers 2. Synchronised Flow 3. Behaviour/Enhanced improvement behavior 4. Waste elimination CUSTOMER FOCUS The trigger in this case could be the need for a new spindle for the brand lawn tractor products. As in all approaches, customer satisfaction is the focus. SYNCHRONISED FLOW Synchronised flow can be seen in the fact that for
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Design 4 Body Shop 5 Paint Shop 6 Assembly 7 Just in Time 8 Quality Management 8 Innovation and Improvement 9 Supply Chain Management 10 Task 2: Integration of Information system 12 Business Integration Server 13 Task 3: Job Design 14 Lean Manufacturing 14 Conclusion 15 Appendix 16 Reference 18 Executive Summary and Introduction Mercedes-Benz is a division of the German manufacturer Daimler AG, and the brand is used for automobiles, buses, coaches, and trucks. Mercedes-Benz is headquartered
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Brief Background & Definition of Lean: Due to the economic depression in the late 90’s in Thailand, lots of business methodologies changed. PD Aquarium as a manufacturer was not unaffected. It positioned itself to meet customer needs of both ‘made to order’ and ordinary products applying the lean approach as a cost reduction means in avoiding excess production being stored as inventory in a bid to cut down on cost. Lean manufacturing or lean production is basically a production practice that targets
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1.0 Introduction Based on the article of a traditional cost management VS lean cost management by Mahanim Hanid, Lauri Koskela and Mohan Sinwardena, the term of cost management is not a well defined term. It’s built on both cost accounting and management accounting, but goes beyond these two terms (P. Agrawal and Mehra 1998). For Brinker (1996) defines it as a set of techniques and methods for controlling and improving a company’s activities and processes, its products and services. In addition
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