Sunday, June 16, 2019
Kuiper Leda Problem Solution and Defense Case Study
Kuiper Leda Problem Solution and Defense - Case Study ExampleFor increasing profit company has to focus on sales figure. Kuiper Leda built a strong reputation with its clients / customer due to right quality, right quantity & right price. Kuipers customers are having faith on kuipers capability.Kuiper decide to launch a sunrise(prenominal) product knows as Radio Frequency Identification Devices (RFID). Initially kuipers started with a very small setup for this device. And Kuiper is facing a problem in managing scrutinise for this new setup. The catalogue equal is on the higher side. So Kuiper decide to decrease in inventory cost using effective operation focussing. accrue in inventory cost will definitely increase the revenue of the company and its share holder / stock holder. Increasing the revenue of the company, automatically witness the in store(predicate) growth of the company.Kuiper Leda management team should need to focus on the adequate forecasting of inventory, so t hat the production surgical process can be firing smoothly, without increasing the inventory holding cost. This Effect the future growth of Kuiper Leda.For achieving decrease inventory cost Kuiper Leda instruct the operation Management team to remark overfly of the production process. During the inspection of production process, team was asked to keep hint on inventory also. This team has to focus on the production process & inventory, & need to base how much inventory is required for a specific order. Kuiper Leda asked its team to decrease in over heads in various department like in production, in quality, in inventory, in transportation.Issue and Opportunity IdentificationIssueOpportunityReference to Specific Course Concept (Include citation)ConceptKuiper Ledas main issues are the future growth of the company, & future growth of the company is depends on production, inventory, resources & order completion in timeTo keep the cost down proper inventory management & increased i n production is required. This process include to make a raw material store near to the company to keep transportation cost low, & material is available at the time of production process.Removal of Extra production capacity means that only required material or process should be used in production.Capacity of Raw material store should be adequate to handle incoming raw material.Right forecasting of inventory for just-in-time to maintain effective inventory controls (Aquilano, Chase & Jacobs, 2005, ch 8, pp. 60)Inadequate inventory managementNeed to make a effective Inventory management program forecast of inventory for just-in-time to maintain effective inventory controls Aquilano, Chase & Jacobs, 2005, ch 8, pp. 60)Number of suppliers are too largeNeed to develop a distribution centre accession communication with suppliers to prevent delays in product to increase production.(Chase, Jacob, and Aquilano, 2006, ch 8, pp. 25).Logistic ControlNeed to develop logistic Management SystemLog istic will keep track on cost of delivery of finished goods (Aquilano, Chase & Jacobs, 2006, ch 1, pp. 5)Timeliness delivery of productNeed to develop a team who keep track on supply chain ManagementTeam will check each & every process
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