In a manufacturing context, demand forecasting can be seen as a proactive process of determining production needs. In other words, forecasting methodologies allow estimating what products are needed and in what quantities. This case study shows how demand forecasting is a highly customer-focused
activity that can act as a trigger for production planning processes in make-to-stock environments. This study looks at the example of KTP, a company operating in the tyres industry. The company mainly manufactures tyres for agricultural machines (such as tractors and other types of equipment), with
a special focus on tyres for vineyard tractors. The company is not expecting major changes in the business climate and in industry operations in the short term. Aimed at students on operations management courses, the case demonstrates how in the presence of random, cyclical and seasonal components,
the trend element in this forecasting may become less apparent. It looks at the necessity to remove components whose origin may be traced back to a known and predictable pattern (such as seasonal or cyclical). The case presents the use of deseasonalisation techniques - it looks in depth at an
application of these techniques and an interpretation of the results they provide.Mike Simpson and Andrea Genovese show readers how a company can determine a reliable forecast for its overall demand for the next year given the impact of seasonal phenomena on its sales.
Dr. N. Muthukumar, Dr. K. Ganesh, Dr. Sanjay Mohapatra, Dr. K. Tamizhjyothi, Dr. R. M. Nachiappan, Dr. M. Bharati
£87.50
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As manufacturing companies become global, excellence will be key to the survival of Indian manufacturing businesses. Despite India's good performance on the export front in recent years, India is being outperformed by its competitors. Indian manufacturing companies must compete with global companies
and become world class organizations to be competitive.
Organizational Culture and its Impact on Continuous Improvement in Manufacturing presents detailed insights into recent studies, providing solutions that can be scaled up at a global level. The lack of competitiveness of Indian companies is attributed to culture in the organization as well as an
inability to introduce world class manufacturing tools which would allow them to become globally competitive.
All the qualities needed to become world class are not currently available, and it is imperative to understand this gap through the detailed research this book presents to ensure India’s manufacturing companies can compete.
Product design touches every aspect of modern life, determining the form and function of the products and technologies that we use every day. Product design is not just concerned with the appearance and functionality of products; it has an important role in determining the cost, pricing, risk and
profitability profile of those products.
Product Design and the Supply Chain shows how decisions taken at the design stage of a product's life cycle go on to affect that product's subsequent value to a company. Eighty percent of a product's eventual supply chain costs are already present at the early stages of product design and
development.
This book allows companies to make informed design decisions that have significant positive through-life implications for risk, complexity and responsiveness, thus allowing them to create a 'moat' that is difficult for competitors to sidestep or surmount. Product Design and the Supply Chain contains
fascinating content applicable to industry. It is full of useful and insightful real-life cases and examples.
This book sets out to show how design impacts: sales revenues, pricing, time to market, manufacturing and supply chain costs, supply chain risks, brand loyalty, and competitiveness.
Many production managers have de-stocked excessively large inventories, gone lean, experimented with continuous improvement processes and introduced new working practices. These interventions have largely failed. Businesses have also failed to invest in the workforce that undertakes improvements.
This means that cash flow stops quickly, stocks are depleted to zero and customers lose confidence.Systems for Manufacturing Excellence looks at how people and technology work effectively together to generate high performance manufacturing and service operations. Not everyone is a Toyota but that
does not mean we cannot learn from such businesses. The book will present a logic, variety of approaches and methods that underpin the different models of high performance used by 'world class' businesses. The authors use examples from their training with Toyota, work with Tesco, and many world
class manufacturing businesses that form their research agenda. The book will help teams run each part of their production process for effectiveness and efficiency, with a high level of discipline that supports excellence in performance.
Toyota Methods and Operating Models presents a case study of a small, traditional Italian manufacturer in the Toyota Industries Corporation Group, which began an important process of transformation until it became a successful, modern and advanced international business: Toyota Material Handling.
Toyota management made internal changes and developed the commercial networks, successfully applying the Toyota Production System (TPS, or Lean Production) as well as the values of the Toyota Way. Author Stefano Cortiglioni led the transformation project, which took four years. Toyota Methods and
Operating Models presents the continuing success story. The authors analyze the Toyota methods and operating models that can be directly applied to your business in order to reach excellence in operations and industry 4.0. It provides tangible advice on how to grow a business and achieve commercial
success, with superior processes and logistics networks, as well as the development of an advanced and highly successful supply chain.