Management and Organizational Studies 3330A/B Lecture Notes - Lecture 1: Histogram, Flowchart
Document Summary
Product and service design steps: step 1 idea development: someone thinks of a need and a product/service design to satisfy it, step 2 product screening: formal/structured evaluation process (e. g. fit with facility and labor skills, size of market, contribution margin, break even analysis, return on sales, step 3 preliminary design and testing technical specifications are developed, prototypes built, testing starts, step 4 final design based on test results, facility, equipment, material, and labour skills defined, suppliers identified. Manufacturing technology decisions: simplify first then apply appropriate technology, automation, automated material handing: auto guided vehicles (agv, automated storage & retrieval (as/rs, computer aided design (cad, robotics and numerically controlled (nc) systems, flexible manufacturing systems (fms, computer integrated manufacturing (cim) Scm factors: consumer expectations and competition power has shifted to consumer, globalization capitalize on emerging markets, government regulations and e commerce issues if internet government, green supply management recycling, sustainable eco efficiency, and waste regulations minimization.