Foldrite Furniture Co
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CASE STUDY -3
FoldRite Furniture Co.Planning to meet a surge in demand
Good Practices :
Replaced the company’s line of simple furniture with innovative products Trimming product lines
Enthusiasm for green products
Additional benefits to labor’s
Design change.
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
FoldRite Furniture Co.Planning to meet a surge in demand
Good Practices :
Replaced the company’s line of simple furniture with innovative products Trimming product lines
Enthusiasm for green products
Additional benefits to labor’s
Design change.
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
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