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te Thread our instructor creates a forum, they haue the option of allowing you t

ID: 357209 • Letter: T

Question

te Thread our instructor creates a forum, they haue the option of allowing you to start threads. More Help Indicates a required field. RUM DESCRIPTION How to Build Flatscreen Displays ou are the top manager of a start-up company that will produce innovative new flatscreen displays for PC makers like Apple and HP. The flatscreen display market is highly competitive, so there is considerable pressure to reduce costs. Also, PC makers are demanding ever- higher quality and better features to please customers. In addition, they demand that delivery of your product meets their production schedule needs. Functional managers want your advice on how to best meet these requirements, especially because they are in the process of recruiting new workers and building a production facility. Questions 1. What kinds of techniques discussed in the chapter can help your functional managers to increase efficiency? 2. In what ways can these managers develop a program to increase quality and innovation? 3. What critical lessons do these managers need to learn about value chain management? ViewSonic

Explanation / Answer

In this is specific issue, hiring the top talents as well as experience employees from different companies would be very beneficial for the organisation as they would already have an understanding of the specific market. By focusing on highly innovative groups which are doing new startups on different crowdfunding websites as well as looking for opportunities to perform better companies in terms of innovation and development should be focused.
Outsourcing products from developing countries such as China and India could also be very beneficial as the overall cost involved in manufacturing compared to the developed countries and the labour charges as well as the technological advancement is also present. For increasing the efficiency of the specific program proper manufacturing facility which is based on different waste reduction techniques such as lean should be applied. By reducing the gap time and increasing the overall work time overall efficiency of the organisation and the manufacturing facility could be widely increased.

Managers can develop a program to ensure equality and innovation on the basis of application of new strategies as well as electronic implementation. Bye properly implementing electronic record systems and a monitoring system which is totally based on new technology, overall quality and efficiency of the organisation could be widely increased. Managers must apply these strategies on their followers for employees to properly monitor and react according to the specific monitoring. Developing a programme regarding ensuring the quality as well as innovation requires top level design team which is free to think about the ideas for implementation in new display Technologies. Hiring the top talents of the industry as well as creating a better leadership example would also be beneficial for the organisation for implementing Innovation and quality.

Reduction of risk as well as proper supplier availability in this type of manufacturing units is the most essential part in the value chain. Cost savings using different sources such as Outsourcing would also be appropriate as it would affect the company's overall market position by a huge margin and provide a better support to the overall value chain of the company as well.