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what is the solution, benefits and implement be ? 1:57 vil LTE The Goal Project Brief - Fall 2021.docx Background The Goal walks you through
what is the solution, benefits and implement be ?
1:57 vil LTE The Goal Project Brief - Fall 2021.docx Background The Goal walks you through Plant Manager Alex Rogo's journey to improve profitability for one of UniCo's production plants. Now that he is a district manager, his team is faced with planning strategic capacity that can sustain improvements to their bottom line. Objective As a group, present a specific procedural or personnel change that can be implemented within 1 year that will improve UniCo's bottom line. This is a creative exercise. You are basically being asked to make-up a problem and propose a solution (samples on how this project has been tackled by previous groups have been provided). Note that selecting the idea of applying the measures already made in the Bearington Plant in the book, to the other hypothetical company plants is not allowed. The objective is to justify the group's recommendation by conducting a cost-benefit-analysis of what you are saying already exists and how it could be better using your new proposals, using cost-accounting methodologies to calculate relevant revenues and costs impacting the company's operating income. Detailed schedules with realistic numbers must be used Deliverables Group Charter Agreement with Proposed Idea You may organize your group to assign responsibility to cach person. Suggested responsibilities include but are not limited to the following: Brainstorming and developing the topic Coordinating the research Coordinating the preparation of the Executive Summary Coordinating the preparation of the PowerPoint Presentation Executive Summary & Supporting Documents (Due December 7" by 11:59 p.m.) A Single-Spaced Executive Summary of no more than 2 pages (not including appendices) with your recommended plan should be submitted on Canvas. The body of the summary must contain the following sections: General Background and Assumptions Statement of the Problems o Solutions & Benefits Steps for implementation (Must include budgets as * Previous Next ED V Dashboard Calendar To Do Notifications Inbox 1:57 118 56 Unico is a manufacturing company that has issues with orders being fulfilled in a timely manner. The plant manager, Alex Rogo, who runs this division in Bearington, is losing money as well as customers. Quite a bit of the plants seem to be months behind on orders and when faced with customer complaints, the orders are then dispatched and fulfilled, which in turn uses all of their resources. A rule the company focuses on is maintaining high efficiencies and low costs. Their customer dissatisfaction is steadily increasing and they continue to have high work in process inventory levels. One plant that is behind on orders to a great degree is Bearington; this resulted in the severance of business with a substantially major client. Since this plant is not making what it should monetarily for the company, it has become concerning for those higher in position. The plant itself is not earning enough profit despite high efficiencies shown throughout certain areas. High amounts of money are wrapped up in inventory and the plant is having problems catching up on orders. If Rogo cannot make significant amounts of improvement by a certain deadline, his plant will be shut down. Problems: UniCo is dealing with delayed shipments due to some areas having low inventories while others having high which in turn has the division falling short of meeting customers demands as well as productivity. Rogo is also having issues with keeping track of inventory which stems from a lack of production planning. Operating expenses increase due to the high volume of work in process inventory and Solution & Benefits Implementation Step by Step Solution
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