FoldRite Furniture Co
FoldRite Furniture Co
FoldRite Furniture Co
CASE STUDY -3
Good Practices :
Replaced the companys line of simple furniture with innovative products Trimming product lines
Bad Practices :
Loss of productivity caused by high turnover among factory workers (Increasing inexperienced workers). Increased inventory(idle machinery, additional workers) Forecasting was not so efficient(Anthony Fasano) Large outlay of cash for inventory added cost.
RECOMMENDATIONS
Emphasize on good labor relations. Providing training opportunities to help unskilled workers. High tech tools and increased productivity had made the plant highly efficient. Components generated and carefully coordinated to minimize WIP inventory.
THANK YOU
GROUP MEMBERS:
ABHIJIT KUMAR ANKITA AGARWAL KULDEEP BENGANI MADHUR BHARADWAJ MANJU DAGAR MD. WASEEM KHAN PRATIK KAREL SURBHI GOEL SUMIT MUKHERJEE