Question

course: MGT322 Logistics management

Critical Thinking

The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).  

Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.

To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).

Consult chapter 7 of your text book or secondary available data on internet and answer the following questions.

Question:

1. Why Companies adopted Lean Thinking and JIT model?  

2. Discuss major types of Waste, companies has to keep in mind during production.  

3. Assess the reasons for using lean thinking (suitable examples), what are the benefits from Suppliers to end users?  

4. Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.

The Answer should be within 4- 5 pages.  

The Answer must follow the outline points below:

• Lean Thinking and JIT Concept

• Agile Supply chain  

• Their Main functions

• Reasons with suitable Examples

• Reference

Answer 1

Lean reasoning:

By lean, we intend to accomplish more with less alternatives. There is less time, less cash, low space, less accessibility of work, low stock and so on. It is where we dispose of waste deliberately. In lean assembling, the firm should concentrate on its inward abilities by without the waste. Makers reconsidered client esteem. Lean standard demonstrates that each progression is significant as we need to esteem the client and their decisions what they need.

JIT model:

JIT implies by, "just in time.” The focal point of the JIT is proficiency. It is a technique for stock administration where crude material, products, and labor is rescheduled at the hour of the assembling procedure consequently they diminish the expense of stock. JIT is a kind of the stock administration framework where merchandise are prepared whenever for the creation to satisfy the needs of the clients. By utilizing JIt an assembling organization has great dominance over the stock procedure.

Kinds of waste, organizations need to remember during creation:

Deformities: Defect cause in an organization because of numerous reasons, for example, terrible quality machine fixing, no legitimate documentation, no principles, by not satisfying the need of the clients, awful structure and so on.

Abundance Processing: It happens because of the terrible quality plan of the procedure. They are numerous explanations for this, for example, absence of correspondence, a duplicate of data from different sources, the correspondence hole between the lower level and more significant level inside the organization and human mistake, and so on.

Overproduction: It happens because of the whimsical procedure inside the organization. No steady creation is prepared. There is no reasonable message, expectation, and conjecture in the organization. The requirements of the client are not especially clear. The postponed procedure booked is finished.

Pausing: Waiting can happen when a circumstances like a gridlock happens. As in halt, there are a lot of guidance at once, and the framework can't fathom any of the guidance given, and that outcomes in a gridlock condition. In an association defer time set-ups, no legitimate correspondence in the process can cause pausing.

Stock: When the crude material for assembling will be in abundance then there will happen stock waste. At the point, when the association couldn't connect between the assembling and booking at that point misuse of stock happens.

Transportation: It happens due the absence of appropriate transportation offices which are given by the organization. Additionally, over transportation offices can cause squander in transportation. Absence of plan of creation framework can cause a misuse of transportation.

Movement: It happens because of the overburden of physical movement, for example, coming to, twisting, and so on. Misuse of movement can likewise happen because of the absence of measures in the creation.

Non-Utilized Talent: This waste happened when skilled representatives couldn't show their ability. This happens because of the absence of correspondence with the executives. Subsequently, the work won't be allotted as indicated by the capacity of the representatives. Absence of the executives is likewise answerable for this waste.