Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Paper Companies Group has grown through acquisitions from a single mill base to a multinational group. It is now producing 1 million tonnes paper

 

Paper Companies Group has grown through acquisitions from a single mill base to a multinational group. It is now producing 1 million tonnes paper with over 1000 employees. The Paper Companies Group consists four companies: Corp A, B, C and D. Their core values and spirit are the things, which set the companies apart from - and will enable to surpass the performance of their competitors. The spirit is to constantly challenge the limit, and strive for victory. The group companies believe they will be victorious when they become and remain the lowest cost, highest efficiency, and most profitable companies in their industry. The organization has acquired paper mills throughout Canada, France and US. Most acquired mills are in operation for over 50 years. The equipment of the mills is aged. They require extensive repair and maintenance to have stabled production. The workforce in the mills are unionized with high manpower cost. The production process for these mills are similar and the paper products follow the same industry standards. This year, the mills have been focusing on maintaining the reliability of the production and reducing the cost. The group has an incentive program based on mill profitability as well as productivity performance. To facilitate the performance monitoring, the management has requested to set up a dashboard to track operation reliability on monthly basis. The results will also be used as part of the incentive calculation. The objective of the dashboard is to monitor all four mills performance. It should include production volume, quality, as well as production efficiency analysis. The planned downtime refers to the loss time that mill has to cease production in order to perform preventative maintenance on certain equipment. The unplanned downtime refers to the time loss when production has to stop because of the unforeseen issues. The OEE is overall equipment efficiency which measures the production based on machine capacity and availability. Requirement: Help the management design a one-page Dashboard including at least 5 KPI, which has to include OEE.

Step by Step Solution

3.55 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Based on the requirements here is a suggested design for a onepage Dashboard for the Paper Companies ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Marketing management

Authors: Masaaki Kotabe, Kristiaan Helsen

5th edition

470505745, 978-0470505748

More Books

Students also viewed these Accounting questions

Question

How do high-context cultures differ from low-context ones?

Answered: 1 week ago