Mt435 Unit 8 Albatrose Anchorage
Introduction In the last stage of KU Consulting analysis we will examine an in-depth look at Albatross Anchor. Albatross Anchor is a family business that has been in business for over 35 years. During that period they have built long lasting relationships with business partners and recognized in the industry. They have built strong name recognition and known for their quality product. These are some of the strengths that distinguish Albatross Anchor from competition. KU Consulting will address four primary challenges identified and set possible solutions. Also there will be discussion about possible building alternation that will improve Albatross Anchor’s operations. KU Consulting will make it a top priority to not impose a high expense on Albatross Anchor, but only include what is necessary to remain best at operations.
Question one
Challenge one: Time Management The production timeline for Albatross Anchor’s primary product is currently at a slow pace and affecting their ability to meet their customers demand in a timely manner. One of the most noticeable is that there is a 36 hour changeover period. This creates a high production cost because during this period the employees are still being paid while no goods are being produced. When companies are placing large orders, they are taking on average four weeks to be made. Albatross Anchor maybe losing re-peat business from these clients due to the long time it takes to produce. Albatross Anchor must take action as quickly as possible in order to cure this problem without further losses. Albatross Anchor must take all possible actions to try to eliminate the 36 hour transition period or reduce it to the lowest possible level. The scientific management method can help drastically reduce this time by analyzing each step and giving it a solution. A closer in depth analysis of each step would result in a better operating procedure that would increase efficiency. One of the best ways to eliminate this problem and
Question one
Challenge one: Time Management The production timeline for Albatross Anchor’s primary product is currently at a slow pace and affecting their ability to meet their customers demand in a timely manner. One of the most noticeable is that there is a 36 hour changeover period. This creates a high production cost because during this period the employees are still being paid while no goods are being produced. When companies are placing large orders, they are taking on average four weeks to be made. Albatross Anchor maybe losing re-peat business from these clients due to the long time it takes to produce. Albatross Anchor must take action as quickly as possible in order to cure this problem without further losses. Albatross Anchor must take all possible actions to try to eliminate the 36 hour transition period or reduce it to the lowest possible level. The scientific management method can help drastically reduce this time by analyzing each step and giving it a solution. A closer in depth analysis of each step would result in a better operating procedure that would increase efficiency. One of the best ways to eliminate this problem and
References: Albatross Anchor Case Study Elyse, (2006). Cost Management Planning. Retrieved 11-15-2011, from http://www.anticlue.net/archives/000716.htm Johnson, W (2007). Technology Adaptation Theory. Retrieved 11/15/2011, from http://www.ehow.com/about_6515759_technology-adaptation-theory.html Russell, R.S., Taylor III, B.W. (2011). Operations management: creating value along the supply chain; 7th edition. Danvers: John Wiley & Sons, Inc.