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With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. of parts and tools delivered to the work position for each shift of work.
I was part of a group that did days in local (to Seattle) ski areas; annual trips to Whistler, BC (my favorite place); Mount Hood and Mount Bachelor in Oregon; and a semi-fateful trip to Red Mountain in Trail, British Columbia in March of 1993. Back in the early 1990s I was an avid skier, putting in 40+ days on the slopes every season.
this is particularly true in ERP / MRP environments.) In practice, though, these systems tend to isolate people from one another, or into small single task groups in much the same way as happened in the coal mine. Instead, we should look at the information system as a tool that should enable people do to a job they otherwise could not.
The now outmoded MRP scheduling approach too often moves inventory into stock that doesn’t reflect customer needs and cannot efficiently make frequent adjustments to accommodate variations in those needs. Like-kind tasks, and those along a single route, are grouped appropriately. Design your plan to be implemented in phases.
Material Requirements Planning (MRP) can be a crucial tool in MTO. MRP is a kind of inventory optimisation system, meaning that it creates recommendations for inventory requirements to maintain the correct levels of inventory. The MRP can also be used to specify alternate materials and suppliers.
ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. A items may also be of strategic importance to the business concerned.
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