SMG SM 131 Lecture Notes - Lecture 6: Six Sigma, Job Shop, Vertical Integration
18 Apr 2017
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People: workforce: selection, training, retention, organization: structure, rewards, performance, measurement, culture. Partnerships: supply chain: vertical integration coordination. Place: facilities: location, layout, networth, capacity: growth place, economies of scale, additions. Processes: technology: project, job shop, cell, flow manual vs automation, process innovation, product innovation, execution: planning and control, qc, maintenance o. Improvement: continuous improvement, six sigma, lean , reengineering. Reality: even if i knew how to do that process at bench level, i might not be able to do it economically. A chemical company that has facilities to make the polymer will have big costly advantages. Maybe go someplace else to purchase the material itself: procure complete kayak. Globalization expands markets: competition: is becoming less about company vs company and more about supply chain vs supply chain, companies may have to take ethical responsibility for the actions and errors of their supply chain. Ethical issues arise from supply chain: safety. Honda, nissa, etc takata air bags: worker treatment- wages, hours, well-being.
