Q4- Perform benchmarking for Company X and provide remedy options (Methodology,
ID: 2333037 • Letter: Q
Question
Q4- Perform benchmarking for Company X and provide remedy options (Methodology, Tools, Techniques) to improve Company X performance? (20 points) Key Process Area Industry Company X Difference Average 1000 Employee development 450 Materials Warehousing Material control Materials preparation 85 Production control 725 Assembly Integration & test Incoming inspection 75 In-process inspection 20 Supplier auditing Internal auditing 260 30,000 3,000 3,500 550 3,800 11,100 2,050 275 500 150 200 31,000 975 180 10,000 3,060 1,250 2,800Explanation / Answer
Given that
Key Process Area Industry Average *1000 Company X Difference
Employee Development 450 260 +190
Materials 31000 30000 +1000
Warehousing 975 3000 -2025
Material Control 180 3500 -3320
Material Preparation 85 550 -465
Production Control 725 3800 -3075
Assembly 10000 11100 -1100
Integration & Test 3060 2050 +1010
Incoming Inspection 75 275 -200
In process Inspection 200 500 -300
Supplier Auditing 1250 150 1100
Internal Auditing 2800 200 2600
The +- in the above table represents the performance of the company in that particular key area.
Employee Development:Day by day technology chnages frequently .With Changing technology employees should update day to day for better organisational development.So the training for the current and new employees will help.
Materials:Producing materials with best quality and with standards is main factor efficiency.
Warehousing:Warehousing is the place where the goods are being stored.So it is very important place till we are able to sell the product.Investing on the warehouse is not that much apprecaible this money we can invest on the employee development .
Material Control:A systemmatic control on purchasing,storing and consumption of material should be needed for reducing losses and wastage of materials.
Material Preparation:Preparation should be done as per standards.But Controlling the production and advertising the project the project is important than preparation.
Production Control:it involves handling materials ,parts,assemblies and sub assemblies from raw material.it include planning,scheduling,routing,dispatching,storage etc.This is the key area in all the process.
Assembly and Testing :This area of work comes under the production control
Incoming and In Process Inspection:Items exempt from incoming inspection shall be those that are not associated with the development, production, and/ or quality of manufactured finished good assemblies. Such items include: • Office Supplies, Consumable, Janitorial Supplies, Educational Materials
Supplier Auditing and Internal Auditing:A supplier audit may be used to verify the quality of a new supplier or vendor or to verify the degree of compliance of the supplier/vendor’s practices against the contractual requirements of the customer.
Quality BMS offers a comprehensive range of capabilities to assist you with assessing, managing, and improving your management systems as well as conformity to the applicable standards:
Finally the structure of the organisation should be well defined enough with innovative ideas and proper control on the materials and ready advertising of the products will make the company stand in a very good position.
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