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Walter Schroeder Library, Milwaukee School of Engineering
Item Information
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Gooden, Donald A.
Subjects
Project management -- Research.
Production management -- Statistical methods
Total quality management
Customer services -- Quality control -- Statistical methods.
Process control
MSEM Thesis.
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by author:
Gooden, Donald A.
by title:
Strive to achieve op...
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Strive to achieve optimal results : a project involving a small manufacturing company / Donald A. Gooden.
by
Gooden, Donald A.
Subjects
Project management -- Research.
Production management -- Statistical methods
Total quality management
Customer services -- Quality control -- Statistical methods.
Process control
MSEM Thesis.
Description:
122 leaves : ill. ; 29 cm.
Contents:
Thesis advisor: Dr. Thomas F. Schuppe
Committee members: Michael R. Ostrenga, Dr. Bruce Thompson
Introduction -- Project focus characteristics and the author's research strategy -- A synopsis of various continuous improvement methodologies -- Development of a collaborative team-based working environment -- Remove subjectivity involving the problem-solving process -- Strive to attain kaikaku (perfection) -- Author's recommended corrective actions -- Detailed implementation plan -- A: Interview results.
A correlation exists between organizations (large and small) meeting existing and potential customers' product pricing (and quality) expectations and the effectiveness of that organization's continuous improvement initiatives. This relationship has motivated manufacturing operations professionals to identify value-added practices that support continuous improvement efforts of organizations. Lean Manufacturing, Six Sigma, and development of collaborative working environments exemplify the many methodologies that have evolved from efforts to identify effective practices and programs that achieve optimal results.
Attainment of optimal results from manufacturing-related operations requires diligence in identifying appropriate programs that drive non-value-added cost out of business-related operations. Organizations that appreciate this realize verifiable results from implemented cost reduction and quality improvement prograrms. However, meeting the stated challenge is potentially more challenging for small businesses lacking sufficient resources to support their efforts to achieve optimal results consistently.
Take for instance, the XYZ Company, the subject of this paper's case study. The XYZ Company, a small manufacturing organization, is currently considering the feasibility of continuing to provide parts to a valued customer. Recently, the organization discontinued leasing a crucial piece of equipment that potentially supported the organizations' efforts to achieve acceptable profit magins. Is investing (or leasing) in equipment the only cost reduction option? Could equipment purchases hide or accommodate existing inefficiencies?
Before investing in additional equipment, organizations must be confident that they are realizing optimal results from their existing resources. This caveat applies to the XYZ Company. The XYZ Company should be confident that the organization is achieving optimal results from their existing resources before purchasing or leasing additional equipment. Has the XYZ Company successfully identified and implemented appropriate efficiency enhancing programs? If cost reduction opportunities exist, what are the appropriate corrective actions? In addition, is the XYZ Company committed to apportion required resources to support implemented continuous improvement initiatives?
In the twenty-first century's continually evolving, dynamic, and competitive markets, businesses must continually review and enhance their continuous improvement efforts. Organizations that fail to recognize this are destined to capitulate to competitors that appreciate the need to improve continually. In the twenty-first century, organizations' achievement of optimal results from its manufacturing operations is not an option. A catalyst motivating this condition is the dynamics associated with meeting customers' expectationsCustomers, domestically and globally, demand that organizations meet their product pricing (and quality) expectations. These conditions necessitate that manufacturing-related operations consistently function as efficiently as possible. To achieve this objective requires dedication and diligence in identifying and implementing programs (and practices) that eliminate non-value-added activities.
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Walter Schroeder Library
Master's Theses
AC805 .G66 2008
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